BOSTON, MA--(Marketwired - Jul 16, 2013) - Below is the June 2013 Monthly Update for the Liberty All-Star^® Growth Fund, Inc. (NYSE: ASG)

Liberty All-Star Growth Fund		Monthly Update
	Ticker: ASG	June, 2013

Investment Approach

Fund Style: All-Cap Growth

Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.

Investment Managers:

M.A. Weatherbie & Company, Inc. Small-Cap Growth | Matthew A. Weatherbie, CFA TCW Investment Management Company Mid-Cap Growth | Chang Lee and Mike Olson, CFA Large-Cap Growth | Craig C. Blum, CFA

Monthly Performance
Performance	NAV	Market Price	Discount
Beginning of month value	$5.03	$4.56	9.3%
Distributions	-	-
End of month value	$4.97	$4.48	9.9%
Performance for month	-1.19%	-1.75%
Performance year-to-date	12.98%	13.88%
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.   Returns for the Fund are total returns, which include dividends, after deducting Fund expenses. The Fund's performance is calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results. Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
Net Assets at Month-End ($millions)
Total	$116.0
Equities	$113.0
Percent Invested	97.4%

Top 20 Holdings at Month-End
		(31.3% of equity portfolio)
		(Rank from previous month)
1		ACE Ltd. (1)	2.3%
2		LinkedIn Corp., Class A (9)	1.8%
3		Cerner Corp. (5)	1.8%
4		Intuitive Surgical, Inc. (7)	1.7%
5		QUALCOMM, Inc. (6)	1.6%
6		Oceaneering International, Inc. (3)	1.6%
7		Google, Inc., Class A (11)	1.6%
8		Under Armour, Inc., Class A (10)	1.6%
9		Splunk, Inc. (19)	1.6%
10		Signature Bank (15)	1.6%
11		Fastenal Co. (4)	1.5%
12		Amazon.com, Inc. (14)	1.5%
13		Starbucks Corp. (16)	1.5%
14		American Tower Corp. (12)	1.5%
15		BioMarin Pharmaceutical, Inc. (13)	1.4%
16		ARM Holdings PLC (8)	1.4%
17		Visa, Inc., Class A (18)	1.4%
18		Salesforce.com, Inc. (2)	1.3%
19		Precision Castparts Corp. (20)	1.3%
20		Core Laboratories N.V. (17)	1.3%
		Holdings are subject to change.

Sector Breakdown (% of equity portfolio)*
Information Technology	30.1%
Consumer Discretionary	17.6%
Industrials	15.9%
Health Care	10.9%
Financials	10.6%
Energy	6.1%
Consumer Staples	5.3%
Materials	2.0%
Telecommunication Services	1.5%
Total Market Value	100.0%
*Based on Standard & Poor's and MSCI Barra Global Industry Classification Standard (GICS).

New Holdings			Holdings Liquidated
Celgene Corp.			Cepheid, Inc.
Fifth & Pacific Cos, Inc.			Cognizant Technology Solutions Corp., Class A
Wabtec Corp.			Harman International Industries, Inc.
			Mistras Group, Inc.
			rue21, Inc.