SCUDDER WORLD INCOME OPPORTUNITIES FUND INC
N-30D, 1997-07-29
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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



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