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T. ROWE PRICE
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International Funds, Inc.
T. Rowe Price Global Government Bond Fund
Supplement to prospectus dated May 1, 1997
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Effective January 1, 1998, Table 3 on page 4 of the Prospectus will be replaced
with the following reflecting the lowering of the Global Government Bond Fund's
expense ratio limitation from 1.20% to 1.00%.
<TABLE>
Table 3
<CAPTION>
<S> <C> <C> <C> <C> <C>
Expense Ratio Limitations
Limitation Period Expense Ratio Reimbursement Date
Limitation
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Global Government 1/1/98-12/31/98 1.00% 12/31/00
Bond/a/
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Emerging Markets 1/1/97-12/31/98 1.25% 12/31/00
Bond/b/
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</TABLE>
a The Global Government Bond Fund previously operated under a 1.20%
limitation that expired December 31, 1996. The reimbursement period for
this limitation extends through December 31, 1998. Effective January 1,
1997 through December 31, 1997, the fund operated under a 1.20% expense
limitation. The reimbursement period for this limitation extends through
December 31, 2000.
/b/ Emerging Markets Bond Fund previously operated under a 1.25% limitation
that expired December 31, 1996. The reimbursement period for this
limitation extends through December 31, 1998.
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The date of the above supplement is March 6, 1998.
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C02-041
03/06/98
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