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SUPPLEMENT TO THE COMMON CLASS PROSPECTUS
WARBURG PINCUS MAJOR FOREIGN MARKETS FUND
WARBURG PINCUS INTERNATIONAL EQUITY FUND
WARBURG PINCUS INTERNATIONAL SMALL COMPANY FUND
WARBURG PINCUS EMERGING MARKETS FUND
WARBURG PINCUS GLOBAL 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 EMERGING MARKETS FUND
Harold E. Sharon and Vincent J. McBride serve as Co-Portfolio Managers of the
fund and Jun Sung Kim and Federico D. Laffan serve as Associate Portfolio
Managers of the fund. Morid Kamshad no longer serves as Associate Portfolio
Manager of the fund.
Dated: January 7, 2000 WPISF-16-0100A
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SUPPLEMENT TO THE ADVISOR CLASS PROSPECTUS
WARBURG PINCUS EMERGING MARKETS FUND
WARBURG PINCUS GLOBAL POST-VENTURE CAPITAL FUND
The following supersedes contrary information in the section in the funds'
Advisor 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.
WARBURG PINCUS EMERGING MARKETS FUND
Portfolio Manager Changes. The following information replaces certain
information in the fund's Advisor Class Prospectus:
Harold E. Sharon and Vincent J. McBride serve as Co-Portfolio Managers of the
fund and Jun Sung Kim and Federico D. Laffan serve as Associate Portfolio
Managers of the fund. Morid Kamshad no longer serves as Associate Portfolio
Manager of the fund.
Dated: January 7, 2000 ADEAG-16-0100A
