PLEASE FILE THIS PROSPECTUS SUPPLEMENT WITH YOUR RECORDS.
STRONG ASIA PACIFIC FUND
STRONG GLOBAL HIGH-YIELD BOND FUND
STRONG INTERNATIONAL BOND FUND
STRONG INTERNATIONAL STOCK FUND
STRONG SHORT-TERM GLOBAL BOND FUND
Supplement to the Prospectus dated March 1, 1998
CHANGE IN PORTFOLIO MANAGER. On May 18, 1998, Mr. David Lui became the
portfolio manager of the Strong International Stock Fund. Prior to joining
Strong Capital Management, Inc., the Fund's investment advisor, Mr. Lui served
Phoenix Duff & Phelps as a Vice President and international portfolio manager
of five funds, including the Phoenix International Portfolio and the Phoenix
Worldwide Opportunities Fund. From 1993 to 1995, Mr. Lui was Vice President of
Asian Equities at Alliance Capital Management. From 1990 to 1993, he was an
Associate of Global Markets at Bankers Trust Company.
MINIMUM INVESTMENT REQUIREMENT. On May 1, 1998, the Minimum Investment
Requirement to open a regular account in the Funds increased from $1,000 to
$2,500. This information modifies the Minimum Investment Requirements found on
page II-4 of the Prospectus under the heading "What You Should Know About
Buying Shares."
ANNUAL INCOME DIVIDENDS. After July 1, 1998, the Strong Asia Pacific and the
Strong International Stock Funds will pay dividends from net investment income
annually instead of quarterly. This information modifies the information about
dividends found on page I-11 of the Prospectus under the heading "Dividends and
Other Distributions" and on page I-34 of the Prospectus under the heading
"About the Funds-Distributions and Taxes." Therefore, the last quarterly
dividend was paid by these Funds on June 30, 1998. The next dividend will be
payable by these Funds on December 29, 1998 and annually thereafter.
CORPORATE NAME. In May 1998, the corporate name of Strong International Stock
Fund, Inc. became Strong International Equity Funds, Inc. The Strong
International Stock Fund will continue to exist as an investment portfolio
under the new corporate name. This is a technical change that will not affect
the management or operations of the Fund.
DIVERSIFICATION. The Strong Short-Term Global Bond Fund has changed from a
non-diversified fund to a diversified fund. As such, the Fund may not with
respect to 75% of its total assets, purchase the securities of any issuer
(except U.S. government securities) if, as a result, (1) more than 5% of the
Fund's total assets would be invested in securities of that issuer, or (2) the
Fund would hold more than 10% of the outstanding voting securities of that
issuer.
The date of this Prospectus Supplement is August 3, 1998.
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