LEGG MASON GLOBAL TRUST, INC.:
Legg Mason Global Government Trust
Legg Mason International Equity Trust
Legg Mason Emerging Markets Trust
Navigator Shares
Supplement to the Prospectus dated May 1, 1996
Pursuant to voluntary expense limitations, Legg Mason Fund Adviser, Inc.
and each Fund's adviser/sub-adviser have agreed to waive management fees and
assume certain other expenses to the extent necessary to limit total operating
expenses attributable to the Navigator Shares of each Fund (exclusive of taxes,
interest, brokerage and extraordinary expenses) as follows: for Global
Government, 1.15% of average daily net assets indefinitely; for International
Equity, 1.25% of average daily net assets until May 1, 1997; and for Emerging
Markets, 1.50% of average daily net assets until May 1, 1997.
December 31, 1996
<PAGE>
LEGG MASON GLOBAL TRUST, INC.
Legg Mason Global Government Trust
Legg Mason International Equity Trust
Legg Mason Emerging Markets Trust
Primary Shares and Navigator Shares
Supplement to Statement of Additional Information
dated May 1, 1996
Legg Mason Fund Adviser, Inc., Legg Mason Wood Walker, Incorporated and
each Fund's adviser/sub-adviser have agreed to waive management and 12b-1 fees
and assume certain other expenses to the extent necessary to limit total
operating expenses attributable to the Primary Shares of each Fund (exclusive of
taxes, interest, brokerage and extraordinary expenses) as follows: for Global
Government, 1.90% of average daily net assets indefinitely; for International
Equity, 2.25% of average daily net assets until May 1, 1997; and for Emerging
Markets, 2.50% of average daily net assets until May 1, 1997.
Legg Mason Fund Adviser, Inc. and each Fund's adviser/sub-adviser have
agreed to waive management fees and assume certain other expenses to the extent
necessary to limit total operating expenses attributable to the Navigator Shares
of each Fund (exclusive of taxes, interest, brokerage and extraordinary
expenses) as follows: for Global Government, 1.15% of average daily net assets
indefinitely; for International Equity, 1.25% of average daily net assets until
May 1, 1997; and for Emerging Markets, 1.50% of average daily net assets until
May 1, 1997.
December 31, 1996
