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VANGUARD INDEX TRUST
PROSPECTUS SUPPLEMENT
NOVEMBER 26, 1996
Effective January 1, 1997, the 1% transaction fee deducted from purchases of
shares of the Small Capitalization Stock Portfolio will be reduced to 0.5%. The
0.5% transaction fee for the Extended Market Portfolio will remain unchanged.
The transaction fee is paid directly to the Portfolio, not to Vanguard,
to offset the costs of purchasing certain securities; it is not a sales charge.
PS40
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VANGUARD INDEX TRUST
VANGUARD INTERNATIONAL EQUITY INDEX FUND, INC.
VANGUARD STAR FUND
PROSPECTUS SUPPLEMENT
NOVEMBER 26, 1996
Effective January 1, 1997, the transaction fees for several Vanguard Portfolios
will be reduced:
- The 1% transaction fee deducted from purchases of shares of Vanguard
Index Trust-Small Capitalization Stock Portfolio will be reduced to
0.5%.
- The 1% transaction fee deducted from purchases of shares of Vanguard
International Equity Index Fund-Pacific Portfolio will be reduced to
0.5%.
- The 2% transaction fee deducted from purchases of shares of Vanguard
International Equity Index Fund-Emerging Markets Portfolio will be
reduced to 1.5%.
- The 1% transaction fee deducted from purchases of shares of Vanguard
Total International Portfolio will be reduced to 0.75%.
The 0.5% transaction fee for Vanguard Index Trust-Extended Market
Portfolio and the 1% transaction fee for Vanguard International Equity Index
Fund-European Portfolio will remain unchanged.
The transaction fee is paid directly to the Portfolio, not to Vanguard,
to offset the costs of purchasing certain securities; it is not a sales charge.
PS009
