WARBURG PINCUS TRUST II
497, 1999-11-04
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                            WARBURG PINCUS TRUST II

      SUPPLEMENT TO THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION

     On October 26, 1999, the Trust's Board of Trustees determined to terminate
the Trust and both of its Portfolios. Accordingly, effective immediately, the
Portfolios will no longer be offered to new investors.

Dated: November 4, 1999                                            TRBDF-16-1199


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