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SUPPLEMENT TO THE PROSPECTUS OF
MORGAN STANLEY DEAN WITTER GLOBAL SHORT-TERM INCOME FUND
DATED FEBRUARY 10, 1998
On October 28, 1998, the Board of Directors of Morgan Stanley Dean Witter
Global Short-Term Income Fund Inc. (the "Fund") approved an Agreement and Plan
of Reorganization by and between the Fund and Morgan Stanley Dean Witter World
Wide Income Trust ("World Wide"), pursuant to which substantially all of the
assets of the Fund would be combined with those of World Wide and shareholders
of the Fund would become shareholders of World Wide (the "Reorganization").
Shareholders of the Fund would receive Class A shares of World Wide with a value
equal to the value of their holdings in the Fund. The Reorganization is subject
to the approval of shareholders of the Fund at a special meeting of shareholders
scheduled to be held on February 24, 1999.
In light of the proposed Reorganization, the Fund will suspend all new sales
of its shares after October 28, 1998. The Fund will continue to operate until
the implementation of the Reorganization. In addition, shareholders' rights to
redeem any or all of their Fund shares at any time will not be affected by the
suspension of new sales. Also, after October 28, 1998, the Fund will no longer
make payments to Morgan Stanley Dean Witter Distributors Inc., the Fund's
distributor, under its Plan of Distribution under Rule 12b-1.
A proxy statement formally detailing the proposal, the reasons for the
Directors' action, and information concerning World Wide will be distributed to
shareholders of the Fund.
October 28, 1998
