Scudder World Income Opportunities Fund
Corrections to April 30, 1997 Annual Report
Certain total return data contained in the April 30, 1997 Annual Report for
Scudder World Income Opportunities Fund (the "Fund") was misstated.
On page 3, the In Brief section and the Letter to Shareholders disclosed the
Fund's total return for the fiscal year ended April 30, 1997, based on the share
price on the New York Stock Exchange as 36.68%. The correct return for this
period was 30.02%. Similarly, on page 16, the per share market value total
return for the year ended April 30, 1997, was disclosed as 36.68%. The correct
return for this period was 30.02%.
On page 7 under Historical Information Life of Fund, the cumulative and average
annual total returns based on market value for the one year period ended April
30, 1997, and for the life of Fund were disclosed as 36.68%, 36.68%, 50.55%, and
14.33%, respectively. The correct returns for these periods were 30.02%, 30.02%,
43.21%, and 12.48%, respectively.
July 29, 1997