PLEASE FILE THIS PROSPECTUS SUPPLEMENT WITH YOUR RECORDS.
STRONG INTERNATIONAL BOND FUNDS
STRONG GLOBAL HIGH-YIELD BOND FUND
STRONG INTERNATIONAL BOND FUND
STRONG SHORT-TERM GLOBAL BOND FUND
STRONG INTERNATIONAL STOCK FUNDS
STRONG ASIA PACIFIC FUND
STRONG FOREIGN MAJORMARKETSSM FUND
STRONG INTERNATIONAL STOCK FUND
STRONG OVERSEAS FUND
Supplement to the Prospectus dated March 1, 2000
STRONG GLOBAL HIGH-YIELD BOND FUND
CLOSING OF THE STRONG GLOBAL HIGH-YIELD BOND FUND. Effective May 26, 2000, the
Strong Global High-Yield Bond Fund ("Global Bond Fund") will be closed to new
investors and on June 26, 2000, the Global Bond Fund will no longer accept
additional investments by current shareholders, except for reinvested
dividends. For investors who are currently using the Global Bond Fund as part
of an automatic investment plan, payroll direct-deposit program, or
company-sponsored retirement plan, we will be contacting you shortly to make
alternative arrangements.
MERGER OF GLOBAL BOND FUND AND SPECIAL MEETING OF SHAREHOLDERS. On May 5,
2000, the Global Bond Fund's Board of Directors approved the merger of the fund
into the Strong High-Yield Bond Fund and called for a Special Meeting of
Shareholders to be held on September 6, 2000. The purpose of the meeting is to
vote on whether to approve an agreement and plan of reorganization, including
an amendment to the Amended and Restated Articles of Incorporation of the
Strong International Income Funds, Inc. to eliminate the Global Bond Fund's
class of shares. The Global Bond Fund's Board believes this is in the best
interest of the fund's shareholders because of the fund's small asset size,
lack of expected asset growth, and lack of economies of scale. The fund's
management does not believe the fund can reach a sustainable size in the near
future because the combination of credit quality risks associated with medium-
and lower-quality bonds and the additional currency-related risks associated
with foreign investments have resulted in a lack of investor interest in the
Global Bond Fund.
In July 2000, all Global Bond Fund shareholders will be sent a proxy statement
explaining the proposed merger and notifying them of the time and date of the
shareholder meeting. Following the necessary approvals at the shareholder
meeting, your account in the Global Bond Fund will automatically be converted -
on a tax-free basis - into shares of the Strong High-Yield Bond Fund with a
value equivalent to the value of your account in the Global Bond Fund on the
conversion date. Before then, if you would like to arrange an exchange or
redemption of your shares, you may call us at the number below. PLEASE BE
AWARE, HOWEVER, THAT A REDEMPTION OR
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EXCHANGE IS A TAXABLE EVENT THAT, DEPENDING ON YOUR INDIVIDUAL CIRCUMSTANCES,
MAY GIVE RISE TO A TAX LIABILITY FOR YOU.
If you have any questions, please call us, day or night, at 1-800-368-3863, 24
hours a day, 7 days a week.
The date of this Prospectus Supplement is May 26, 2000.
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