SUPPLEMENT TO THE COMMON CLASS PROSPECTUS

                       CREDIT SUISSE EUROPEAN EQUITY FUND

THE FOLLOWING INFORMATION SUPERSEDES CERTAIN INFORMATION IN THE FUND'S
PROSPECTUS.

Effective September 16, 2002, the fund will impose a 2.00% redemption fee
(short-term trading fee) on Common Class shares that are purchased on or after
September 16 and redeemed or exchanged within 30 days from date of purchase.
This fee is calculated based on the shares' aggregate net asset value on the
date of redemption and deducted from the redemption proceeds. The fee is paid to
the fund to offset costs associated with short-term shareholder trading. For
purposes of computing the redemption fee, any shares purchased through
reinvestment of dividends or distributions will be redeemed first without
charging the fee, followed by the shares held longest. The redemption fee will
not apply to shares currently held by shareholders or shares purchased before
September 16th. The redemption fee also will not apply to shares purchased by
investment advisory clients of Credit Suisse Asset Management, LLC, the fund's
investment adviser, or any of its affiliates, wrap fee accounts, 401(k) plans,
403(b) plans, 457 plans and other employee benefit or retirement plans sponsored
by an employer, or to shares acquired by reinvestment of dividends or
distributions.

The Board of Directors of the fund approved the redemption fee to limit the
disruptive effects on the portfolio management of the fund that result from
"market timing" of the fund's shares. Market timing of large dollar amounts can
make it difficult to implement investment strategies because the portfolio
managers cannot predict how much cash the fund will have to invest. The fund
continues to reserve all rights, including the right to refuse any purchase
request (including requests to purchase by exchange) from any person or group
who, in the fund's view, is likely to engage in excessive trading.

Dated:  July 11, 2002                                              WPEEQ-16-0702