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SUPPLEMENT TO THE PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 30, 1999, AS REVISED JANUARY 3, 2000
WARBURG PINCUS TRUST GROWTH & INCOME PORTFOLIO
The following replaces certain information contained in the Prospectuses and
Statement of Additional Information of the Trust:
The Trust's Board of Trustees recently voted to change the Growth & Income
Portfolio's name to "Value Portfolio." The Portfolio will no longer invest in
equity securities that are dividend-paying as a primary strategy, but will
continue to invest primarily in equity securities of value companies. Equity
securities of value companies may or may not pay dividends. These changes will
become effective May 1, 2000.
Dated: February 18, 2000 16-0200
for
TRGIP
TRGRI
