SUPPLEMENT TO THE PROSPECTUSES
OF
EVERGREEN INTERNATIONAL EQUITY FUND
The Prospectus of Evergreen International Equity Fund is hereby supplemented as
follows:
Proposed Fund Reorganization
On June 26, 1998, the Board of Trustees of the Evergreen International
Equity Fund ("Equity Fund") approved a proposal to reorganize the Equity Fund
into Evergreen International Growth Fund ("Growth Fund"). If shareholders of
Equity Fund approve the proposal, all of the assets of the Equity Fund will be
transferred to the Growth Fund and shareholders of the Equity Fund will receive
shares of the Growth Fund in exchange for their shares. Shareholders of the
Equity Fund as of August 31, 1998, are scheduled to vote on the proposal at a
special meeting of shareholders to be held on October 16, 1998. If approved, the
reorganization will take place on October 23, 1998. Shareholders of Equity Fund
will be mailed information detailing the proposal on or about September 10,
1998.
August 20, 1998
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