BAILLIE GIFFORD INTERNATIONAL FUND INC
497, 1999-07-14
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                       The Guardian Small Cap Stock Fund

                     Supplement dated July 15, 1999
                        to Prospectus dated May 1, 1999
  This Supplement should be retained with the Prospectus for future reference.

The following replaces the last paragraph under the section "Fund Management and
the Investment Adviser" on page 5 of The Guardian Small Cap Stock Fund
prospectus:

Larry A. Luxenberg and Catherine McRae are co-managers of The Guardian Small Cap
Stock Fund. Larry A. Luxenberg, who oversees the Fund's management, has managed
or co-managed this Fund since its inception in May 1997. He also co-manages The
Park Avenue Fund. Mr. Luxenberg, Vice President, Equity Securities, has been
with Guardian Life for the past 15 years.

Catherine McRae, who has primary responsibility for the day-to-day operations of
the Fund has been an equity analyst with Guardian Life since May 1998. From 1992
to 1994 she was a senior equity analyst and managing director at ING Baring
Furman Selz. Prior to that, she worked 11 years as an equity analyst and 6 years
in corporate finance for various companies.

Allen Klee and Daniel Breslin round out the Small Cap Stock Fund's management
team. Allen Klee has been Director, Equity Securities, Investments, for Guardian
Life since August 1998. From June 1995 until August 1998 he was Director, Fixed
Income Credit Analysis, Investments. He began working for Guardian Life in 1993
as a Senior Credit Analyst, Investments. Daniel Breslin has been an Equity
Analyst for Guardian Life since 1996. Prior to that he was a quantitative
analyst for Guardian Life beginning in September 1993.



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