PRICE T ROWE INTERNATIONAL FUNDS INC
497, 1994-08-01
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T. Rowe Price
                                                                  
                                                             
INTERNATIONAL FUNDS, INC.
T. Rowe Price International Fixed-Income Funds

Supplement to Prospectus dated May 1, 1994
                                                                  
                                                             
Effective immediately, the following paragraph will be added to
the cover page:

      "The shares offered by this prospectus are not deposits or
      obligations of, or guaranteed or endorsed by, any bank and
      are not insured by the Federal Deposit Insurance
      Corporation, the Federal Reserve Board, or any other
      governmental agency. Investment in these Funds involves
      investment risk, including loss of principal."
                                                                  
                                                                 

The date of this Supplement is July 25, 1994.


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