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LONGLEAF PARTNERS INTERNATIONAL FUND
SUPPLEMENT DATED NOVEMBER 10, 1998
TO PROSPECTUS DATED OCTOBER 24, 1998
PURCHASES AND REDEMPTIONS THROUGH
AUTHORIZED BROKERAGE FIRMS
(LOGO)
Longleaf Partners International Fund (the "Fund") has authorized one or more
brokers to accept on its behalf purchase and redemption orders. The authorized
broker may charge a transaction fee for its services, all of which will be
retained by the broker. Such brokers are also authorized to designate other
intermediaries on behalf of their clients to accept purchase and redemption
orders for the Fund.
The Fund will be deemed to have received a purchase or redemption order when an
authorized broker or, if applicable, a broker's authorized designee, accepts the
order. Such orders will be priced at the Fund's Net Asset Value next computed
after acceptance by an authorized broker or the broker's authorized designee.
The authorized broker has the responsibility of distributing to its clients such
materials as the Fund's Prospectus, Statement of Additional Information,
shareholder reports, and shareholder account statements.
LONGLEAF PARTNERS FUNDS
Managed By
SOUTHEASTERN ASSET MANAGEMENT, INC.
6410 Poplar Avenue; Suite 900
Memphis, TN 38119
(800) 445-9469 (901) 761-2474
