WARBURG PINCUS SMALL CO VALUE FUND INC
497, 2000-01-07
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                   SUPPLEMENT TO THE COMMON CLASS PROSPECTUS

                      WARBURG PINCUS EMERGING GROWTH FUND
                    WARBURG PINCUS SMALL COMPANY VALUE FUND
                    WARBURG PINCUS SMALL COMPANY GROWTH FUND
                    WARBURG PINCUS POST-VENTURE CAPITAL FUND

The following supersedes contrary information in the section in the funds'
Common Class Prospectus entitled "Other Information -- About the Distributor".

Effective January 3, 2000, Provident Distributors, Inc., located at Four Falls
Corporate Center, West Conshohocken, PA 19428-2961, became the funds'
distributor, and is responsible for making the funds available to you.

Credit Suisse Asset Management Securities, Inc. (CSAMSI) provides certain
shareholder and other services related to the sale of the Common Class for which
it is paid the distribution and service (12b-1) fee described in the Prospectus.

Portfolio Manager Changes.  The following information replaces certain
information in the funds' Common Class Prospectus:

WARBURG PINCUS SMALL COMPANY GROWTH FUND

Stephen J. Lurito and Sammy Oh serve as Co-Portfolio Managers of the fund.
Elizabeth B. Dater no longer serves as Co-Portfolio Manager of the fund.

Dated: January 7, 2000                                            WPUSS-16-0100A
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                         SUPPLEMENT TO THE PROSPECTUSES

                     WARBURG PINCUS FUNDS -- ADVISOR CLASS

The following supersedes contrary information in the section in the funds'
Advisor Class Prospectuses entitled "Other Information -- About the
Distributor".

Effective January 3, 2000, Provident Distributors, Inc., located at Four Falls
Corporate Center, West Conshohocken, PA 19428-2961, became the funds'
distributor, and is responsible for making the funds available to you.

Dated: January 7, 2000                                                  16-0100A
                                                                   for
                                                                   ADBAL
                                                                   ADBDF
                                                                   ADCAP
                                                                   ADEMG
                                                                   ADGRI
                                                                   ADIEQ
                                                                   ADJPG
                                                                   ADOTC
                                                                   ADSAP


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