THE JAPAN FUND, INC.
Supplement to the Statement of Additional Information dated May 1, 1997
The following text replaces the table under "Remuneration" on page 50.
The following Compensation Table, provides in tabular form, the following data:
Column (1) All Directors who receive compensation from the Fund.
Column (2) Aggregate compensation received by a Director from all series of the
Fund.
Columns (3) and (4) Pension or retirement benefits accrued or proposed to be
paid by the Fund.
Column (5) Total compensation received by a Director from the Fund plus
compensation received from all funds managed by Scudder for which a Director
serves. The total number of funds from which a Director receives such
compensation is also provided in column (5).
<TABLE>
<CAPTION>
Compensation Table
for the year ended December 31, 1996
============================ ============================== ================== ================= ====================
(1) (2) (3) (4) (5)
<S> <C> <C> <C> <C>
Pension or Total Compensation
Retirement Estimated From The Japan
Benefits Accrued Annual Benefits Fund, Inc. and
Name of Person, Aggregate Compensation from As Part of Fund Upon Retirement Fund Complex Paid
Position The Japan Fund, Inc. Expenses to Director
============================ ============================== ================== ================= ====================
Henry Rosovsky $24,000 $2,776 $6,000 $24,000 (1 Fund)
William Givens $16,250 $4,372 $6,000 $16,250 (1 Fund)
William H. Gleysteen, Jr. $16,250 $5,498 $3,000 $130,336 (13 Funds)
Nobuo Ishizaka $16,250 N/A N/A $16,250 (1 Fund)
John F. Loughran $14,500 $4,724 $6,000 $14,500 (1 Fund)
Yoshihiko Miyauchi $5,456 $2,149 $6,000 $5,456 (1 Fund)
William V. Rapp $16,250 $2,499 $6,000 $16,250 (1 Fund)
Hiroshi Yamanaka $6,000 $7,803 $6,000 $6,000 (1 Fund)
Tristan E. Beplat, $2,000 $200 N/A $2,000 (1 Fund)
Honorary Director
Allan Comrie, $5,196 $4,789 $5,196 $5,196 (1 Fund)
Honorary Director
Jonathan Mason, $6,000 $6,703 $6,000 $6,000 (1 Fund)
Honorary Director
James W. Morley, $7,000 $5,988 $6,000 $7,000 (1 Fund)
Honorary Director
Robert G. Stone, Jr., $11,000 $6,026 $6,000 $12,272 (2 Funds)
Honorary Director
</TABLE>
August 12, 1997
