PRICE T ROWE INTERNATIONAL FUNDS INC
497, 1995-02-21
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          T. Rowe Price
          _________________________________________________________________
          INTERNATIONAL FUNDS, INC.
          Short-Term Global Income Fund
          Global Government Bond Fund
          International Bond Fund
          Emerging Markets Bond Fund
          Supplement to Prospectus dated December 29, 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 February 21, 1995.
          _________________________________________________________________













































          


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