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SCUDDER [LOGO] Scudder Micro Cap Fund Supplement to Prospectus Dated August 12, 1996 As Revised February 7, 1997 Until December 31, 1997, the Fund's investment adviser, Scudder, Stevens & Clark, Inc., has agreed to continue to maintain the total annualized expenses of the Fund at not more than 1.75% of average daily net assets of the Fund. August 31, 1997
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