INVESCO INTERNATIONAL FUNDS, INC.
INVESCO International Growth Fund
(March 1, 1998)
INVESCO European Fund
INVESCO Pacific Basin Fund
(March 1, 1998)
INVESCO Emerging Markets Fund
(March 1, 1998 as supplemented March 23, 1998)
Supplement to Prospectuses of the Above Funds
Date of Which Are Indicated In Parenthesis
The section of the INVESCO International Growth Fund's and the INVESCO
European and INVESCO Pacific Basin Funds' Prospectuses entitled "Risk Factors"
is amended to add the following paragraph after the first paragraph:
Year 2000 Computer Issue. Due to the fact that many computer systems in use
today cannot recognize the Year 2000, but will, unless corrected, revert to 1900
or 1980 or cease to function at that time, the markets for securities in which
the Fund(s) invest(s) may be detrimentally affected by computer failures
affecting portfolio investments or trading of securities beginning January 1,
2000. Improperly functioning trading systems may result in settlement problems
and liquidity issues. In addition, corporate and governmental data processing
errors may result in production issues for individual companies and overall
economic uncertainties. Earnings of individual issuers will be affected by
remediation costs, which may be substantial. The Fund's(s') investments may be
adversely affected.
The section of the INVESCO Emerging Markets Fund's Prospectus entitled "Risk
Factors" is amended to add the following paragraph after the second paragraph:
Year 2000 Computer Issue. Due to the fact that many computer systems in use
today cannot recognize the Year 2000, but will, unless corrected, revert to 1900
or 1980 or cease to function at that time, the markets for securities in which
the Fund invests may be detrimentally affected by computer failures affecting
portfolio investments or trading of securities beginning January 1, 2000.
Improperly functioning trading systems may result in settlement problems and
liquidity issues. In addition, corporate and governmental data processing errors
may result in production issues for individual companies and overall economic
uncertainties. Earnings of individual issuers will be affected by remediation
costs, which may be substantial. The Fund's investments may be adversely
affected.
The section of the INVESCO International Growth Fund's Prospectus entitled
"The Fund And Its Management" is amended to add the following paragraph after
the tenth paragraph:
The management and custodial services provided to the Fund by IFG and the Fund's
custodian, and the services provided to shareholders by IFG and IDI, depend on
the continued functioning of their computer systems. Many computer systems in
use today cannot recognize the Year 2000, but will revert to 1900 or 1980 or
will cease to function due to the manner in which dates were encoded and are
calculated. That failure could have a negative impact on the handling of the
Fund's securities trades, its share pricing and account services. The Fund and
its service providers have been actively working on necessary changes to their
computer systems to deal with the Year 2000 issue and expect that their systems
will be adapted before that date, but there can be no assurance that they will
be successful. Furthermore, services may be impaired at that time as a result of
the interaction of their systems with the noncomplying computer systems of
others. IFG plans to test as many such interactions as practicable prior to
December 31, 1999 and to develop contingency plans for reasonably anticipated
failures.
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The section of the INVESCO European and Pacific Basin Funds' Prospectus
entitled "The Funds And Their Management" is amended to add the following
paragraph after the ninth paragraph:
The management and custodial services provided to the Funds by IFG and the
Funds' custodian, and the services provided to shareholders by IFG and IDI,
depend on the continued functioning of their computer systems. Many computer
systems in use today cannot recognize the Year 2000, but will revert to 1900 or
1980 or will cease to function due to the manner in which dates were encoded and
are calculated. That failure could have a negative impact on the handling of the
Funds' securities trades, their share pricing and account services. The Funds
and their service providers have been actively working on necessary changes to
their computer systems to deal with the Year 2000 issue and expect that their
systems will be adapted before that date, but there can be no assurance that
they will be successful. Furthermore, services may be impaired at that time as a
result of the interaction of their systems with the noncomplying computer
systems of others. IFG plans to test as many such interactions as practicable
prior to December 31, 1999 and to develop contingency plans for reasonably
anticipated failures.
The section of the INVESCO Emerging Markets Fund's Prospectus entitled "The
Fund And Its Management" is amended to add the following paragraph after the
eighth paragraph:
The management and custodial services provided to the Fund by IFG and the Fund's
custodian, and the services provided to shareholders by IFG and IDI, depend on
the continued functioning of their computer systems. Many computer systems in
use today cannot recognize the Year 2000, but will revert to 1900 or 1980 or
will cease to function due to the manner in which dates were encoded and are
calculated. That failure could have a negative impact on the handling of the
Fund's securities trades, its share pricing and account services. The Fund and
its service providers have been actively working on necessary changes to their
computer systems to deal with the Year 2000 issue and expect that their systems
will be adapted before that date, but there can be no assurance that they will
be successful. Furthermore, services may be impaired at that time as a result of
the interaction of their systems with the noncomplying computer systems of
others. IFG plans to test as many such interactions as practicable prior to
December 31, 1999 and to develop contingency plans for reasonably anticipated
failures.
The date of this supplement is December 4, 1998.
