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WARBURG PINCUS EMERGING MARKETS II FUND
WARBURG PINCUS INTERNATIONAL GROWTH FUND
WARBURG PINCUS GLOBAL TELECOMMUNICATIONS FUND
Supplement to the Prospectuses and Statements of Additional Information
The following information supersedes certain information in the funds'
Prospectuses and Statements of Additional Information.
Effective July 6, 1999, the Credit Suisse Asset Management International Equity
Management Team, which is responsible for the day-to-day management of the
funds, consists of the following investment professionals: Steven D. Bleiberg,
Richard Watt, Emily Alejos, Robert B. Hrabchak and Alan Zlatar.
Effective July 6, 1999, the Credit Suisse Asset Management Global
Telecommunications Management Team, which is also responsible for the day-to-day
management of the funds, consists of the following investment professionals:
Steven D. Bleiberg, Richard Watt, Scott T. Lewis, James Abate, Emily Alejos, and
Robert B. Hrabchak.
Scott T. Lewis has been an investment professional with the funds' investment
adviser or its predecessors for more than five years. Alan Zlatar has been an
investment professional with the funds' investment adviser or its affiliate for
more than five years. William P. Sterling, who had been a member of the
International Equity and Global Telecommunications Teams, and Stephen Waite, who
had been a member of the Global Telecommunications Team, have resigned from the
funds' investment adviser.
Dated: July 6, 1999 WPIST-16-0799
