The Japan Fund, Inc.
Supplement to Statement of Additional Information dated May 1, 1998
The following chart replaces the chart contained in the section
entitled REMUNERATION - Compensation of Officers:
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Pension or
Retirement Estimated
The Japan Fund, Inc.* Benefits Annual All Scudder Funds**
Accrued As Benefits
Paid by Paid by Part of Fund Upon Paid by Paid by
Name of Director the Corp. the Adviser(1) Expenses Retirement the Funds the Adviser(1)
- ---------------- --------- ----------- -------- ---------- --------- -----------
William L. Givens $21,317 $2,000 $4,372 $6,000 $21,317 $2,000 (1 fund)
William H. Gleysteen, Jr. $14,750 2,000 $5,498 $3,000 $136,150 $19,850
(14 funds)
John F. Loughran $11,750 $2,000 $4,724 $6,000 $11,750 $2,000 (1 fund)
Yoshihiko Miyauchi $12,250 $1,000 $2,149 $6,000 $12,250 $1,000 (1 fund)
William V. Rapp $15,500 $1,000 $2,499 $6,000 $15,500 $1,000 (1 fund)
Henry Rosovsky $26,250 $2,000 $2,776 $6,000 $26,250 $2,000 (1 fund)
Hiroshi Yamanaka $7,750 $0 $7,803 $6,000 $7,750 $0 (1 fund)
Tristan E. Beplat, N/A N/A $200 N/A N/A N/A
Honorary Director
Allan Comrie, $5,196 $0 $4,789 $5,196 $5,196 $0 (1 fund)
Honorary Director
Jonathan Mason, $6,000 $0 $6,703 $6,000 $6,000 $0 (1 fund)
Honorary Director
James W. Morley, $6,000 $0 $5,988 $6,000 $6,000 $0 (1 fund)
Honorary Director
Robert G. Stone, Jr., $8,000 $0 $6,026 $6,000 $8,000 $0 (1 fund)
Honorary Director
</TABLE>
(1) Meetings related to consideration of Adviser's alliance with Zurich
Insurance Company. See "Investment Adviser" for additional information.
* Does not include pension or retirement benefits.
** Does not include pension or retirement benefits accrued.
August 10, 1998
