PAGE 1
T. ROWE PRICE
_________________________________________________________________
INTERNATIONAL FUNDS, INC.
Emerging Markets Stock Fund
Supplement to Prospectus dated March 1, 1996, revised to November
1, 1996
_________________________________________________________________
Effective November 1, 1996, the first chart on page 4 of the
Prospectus will be replaced with the following chart reflecting
the extension of the Emerging Markets Stock Fund's expense
limitation:
Expense
Limitation Ratio Reimbursement
Period Limitation Date
Emerging Markets November 1, 1996- 1.75% October 31, 2000
Stocka October 31, 1998
Global Stock December 29, 1995- 1.30% October 31, 1999
October 31, 1997
a The Emerging Markets Stock Fund previously operated under a
1.75% limitation that expired October 31, 1996. The
reimbursement period for this limitation extends through
October 31, 1998.
_________________________________________________________________
The date of this Supplement is November 13, 1996.
_________________________________________________________________
