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SUPPLEMENT TO THE PROSPECTUSES AND STATEMENTS OF ADDITIONAL INFORMATION
CREDIT SUISSE INSTITUTIONAL FUND -- VALUE PORTFOLIO
WARBURG PINCUS TRUST -- VALUE PORTFOLIO
WARBURG PINCUS VALUE FUND
The following information supplements certain information contained in the
funds' and trust's Prospectuses and Statements of Additional Information:
Roger Vogel and Richard Hanlon join Robert E. Rescoe as Co-Portfolio Managers of
the fund and portfolios. Messrs. Vogel and Hanlon joined CSAM in November 2000
as a result of Credit Suisse's acquisition of Donaldson, Lufkin & Jenrette, Inc.
and the transfer of the business of DLJ Asset Management Group, Inc. ("DLJAM")
to CSAM. Mr. Vogel, a Managing Director, and Mr. Hanlon, a Director, joined
DLJAM in 1993 and 1994, respectively. Scott T. Lewis is leaving his position as
Co-Portfolio Manager of the fund and portfolios to devote more time to other
investment areas.
Dated: January 16, 2001 16-0101
for
WPINU
WPUSL
ADGRI
TRGRI
