OppenheimerFunds, Inc.
Two World Financial Center
000 Xxxxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000-0000
June 2, 2008
The Board of Trustees
Xxxxxxxxxxx Rochester Double Tax-Free Municipals
0000 X. Xxxxxx Xxx
Xxxxxxxxxx, XX 00000-0000
To the Board of Trustees:
OppenheimerFunds, Inc. ("OFI") hereby offers to purchase 10,000 Class A
shares, 100 Class B shares, and 100 Class C shares, of Xxxxxxxxxxx Rochester
Double Tax-Free Municipals (the "Fund"), at a net asset value per share of
$10.00 for such class, for an aggregate purchase price of $100,000.
In connection with such purchase, OFI represents that such purchase is
made for investment purposes by OFI without any present intention of
redeeming or selling such shares.
Very truly yours,
OppenheimerFunds, Inc.
By:
/s/ Xxxxxx X. Xxxx
Xxxxxx X. Xxxx
Executive Vice President and General
Counsel