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SUPPLEMENT TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
WARBURG PINCUS INSTITUTIONAL FUND, INC.
INTERNATIONAL EQUITY PORTFOLIO
JAPAN GROWTH PORTFOLIO
(Dated February 22, 1999)
WARBURG PINCUS INTERNATIONAL EQUITY FUND
(Dated February 22, 1999)
WARBURG PINCUS JAPAN GROWTH FUND
(Dated February 22, 1999)
WARBURG PINCUS JAPAN SMALL COMPANY FUND
(Dated February 22, 1999)
WARBURG PINCUS TRUST
INTERNATIONAL EQUITY PORTFOLIO
(Dated April 30, 1998)
The following information supplements certain information in the prospectus and
statement of additional information of each Warburg Pincus Fund/Portfolio listed
above in the section entitled "Meet the Manager(s)" (In the section entitled
"Management of the Portfolios -- Portfolio Managers" for Warburg Pincus Trust):
WARBURG PINCUS JAPAN GROWTH FUND, WARBURG PINCUS JAPAN SMALL COMPANY FUND AND
THE JAPAN GROWTH PORTFOLIO OF WARBURG PINCUS INSTITUTIONAL FUND
Todd Jacobson, CFA, serves as Associate Portfolio Manager of the fund(s), along
with Portfolio Manager P. Nicholas Edwards. Mr. Jacobson joined Warburg in 1997.
Previously, Mr. Jacobson was an analyst at Brown Brothers Harriman from 1993 to
1997.
WARBURG PINCUS INTERNATIONAL EQUITY FUND AND THE INTERNATIONAL EQUITY PORTFOLIO
OF EACH OF WARBURG PINCUS INSTITUTIONAL FUND AND WARBURG PINCUS TRUST
Todd Jacobson, CFA, serves as Associate Portfolio Manager of the fund, along
with Co-Portfolio Managers P. Nicholas Edwards, Harold W. Ehrlich, Richard H.
King, Harold E. Sharon and Vincent J. McBride and for the Trust Associate
Portfolio Manager Nancy Nierman. Mr. Jacobson joined Warburg in 1997.
Previously, Mr. Jacobson was an analyst at Brown Brothers Harriman from 1993 to
1997.
Dated: March 17, 1999 16-0399 for
WPINI
WPISF
ADIEQ
WPJPN
ADJPG
TRIEQ
TRIPX
TRIUS
TRIPS
TRGIP
