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Institutional International Funds, Inc.
Foreign Equity Fund
Supplement to prospectus dated October 26, 2000
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On October 25, 2000, shareholders of the fund approved a new investment
management agreement with T. Rowe Price International, Inc. There are no changes
in the fees charged or services being provided under the new agreement. All
references in the prospectus to Robert Fleming and its affiliates are no longer
applicable.
In addition, shareholders approved an amendment to the fund's fundamental policy
on securities lending. As a result, the fund may lend portfolio securities
provided that no such loan may be made if, as a result, the aggregate of the
fund's loans would exceed 33/1//\\/3/\\% of the value of the fund's total
assets.
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The date of this supplement is October 26, 2000.
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F34-044 10/26/00
