December 9, 1998
DELAWARE GROUP ADVISER FUNDS, INC.
U.S.GROWTH FUND
OVERSEAS EQUITY FUND
NEW PACIFIC FUND
CLASS A SHARES, CLASS B SHARES AND CLASS C SHARES
SUPPLEMENT TO PROSPECTUS DATED FEBRUARY 28, 1998
The following revises information in the footnotes to the
Annual Operating Expenses table on page 5 of the Prospectus:
Beginning May 1, 1998, the Manager elected voluntarily to
waive that portion, if any, of the annual Management Fees
payable by each Fund and to pay a Fund for its expenses to the
extent necessary to ensure that the total operating expenses of
the Fund do not exceed on an annualized basis 1.50% for U.S.
Growth Fund, 1.55% for Overseas Equity Fund and 1.70% for New
Pacific Fund, in each case as a percentage of average net
assets (exclusive of 12b-1 Plan expenses, taxes, interest,
brokerage commissions and extraordinary expenses) through
October 31, 1998. These voluntary waivers and payments of
expenses have been extended through April 30, 1999 for Overseas
Equity Fund and New Pacific Fund but have not been extended for
U.S. Growth Fund.
December 9, 1998
DELAWARE GROUP ADVISER FUNDS, INC.
U.S.GROWTH FUND
OVERSEAS EQUITY FUND
NEW PACIFIC FUND
INSTITUTIONAL CLASS
SUPPLEMENT TO PROSPECTUS DATED FEBRUARY 28, 1998
The following revises information in the footnotes to the
Annual Operating Expenses table on page 4 of the Prospectus:
Beginning May 1, 1998, the Manager elected voluntarily to
waive that portion, if any, of the annual Management Fees
payable by each Fund and to pay a Fund for its expenses to the
extent necessary to ensure that the total operating expenses of
the Fund do not exceed on an annualized basis 1.50% for U.S.
Growth Fund, 1.55% for Overseas Equity Fund and 1.70% for New
Pacific Fund, in each case as a percentage of average net
assets (exclusive of taxes, interest, brokerage commissions and
extraordinary expenses) through October 31, 1998. These
voluntary waivers and payments of expenses have been extended
through April 30, 1999 for Overseas Equity Fund and New Pacific
Fund but have not been extended for U.S. Growth Fund.
