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T. ROWE PRICE
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International Funds, Inc.
Short-Term Global Income Fund
Supplement to Prospectus dated May 1, 1995
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The following sentences will be added at the end of footnote (a)
to Table 1 under the section "Transaction and Fund Expenses" on
page 2 of the prospectus.
Effective January 1, 1996, Price-Fleming agreed to extend
the Short-Term Global Income Fund's current expense
limitation of 1.00% for a period of two years from January
1, 1996. Fees waived or expenses paid or assumed under this
agreement are subject to reimbursement to Price-Fleming by
the fund whenever the fund's expense ratio is below 1.00%;
however, no reimbursement will be made after December 31,
1999, or if it would result in the expense ratio exceeding
1.00% for the fund.
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The date of this supplement is December 27, 1995.
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