-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GdtMvLVB7uDvwqW2kB4lWf5JF/y0UCQivn5Y9cwHT9MsDNnh7KV6t4RWzXZp+l28 QfNvw4UhilYkdoRqYWlVqw== 0000313212-05-000048.txt : 20050815 0000313212-05-000048.hdr.sgml : 20050815 20050815125112 ACCESSION NUMBER: 0000313212-05-000048 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050815 DATE AS OF CHANGE: 20050815 EFFECTIVENESS DATE: 20050815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRICE T ROWE INTERNATIONAL FUNDS INC CENTRAL INDEX KEY: 0000313212 IRS NUMBER: 521175211 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-65539 FILM NUMBER: 051024823 BUSINESS ADDRESS: STREET 1: 100 E PRATT ST CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 3015472000 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE INTERNATIONAL TRUST DATE OF NAME CHANGE: 19900301 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19890914 497 1 ibf605.htm
T. Rowe Price International Funds—Foreign Bond Funds

T. Rowe Price International Bond Fund

Supplement to prospectus dated May 1, 2005

This updates the International Bond Fund`s prospectus dated May 1, 2005. Table 2 on page 5 of the prospectus is amended as follows to include the average annual total returns for the fund`s new benchmark, the Lehman Brothers Global Aggregate ex-U.S. Dollar Bond Index:

Table 2  Average Annual Total Returns




Periods ended
December 31, 2004











1 year


5 years


10 years

International Bond Fund



Returns before taxes
11.40%
8.56%
7.15%
Ret urns after taxes on distributions
8.92
7.28
5.33
Returns after taxes on distributions and sale of fund shares
7.37
6.62
5.04
J.P. Morgan Global Government Bond Broad Index, ex U.S.a
12.73
9.19
7.76
Lehman Brothers Global Aggregate ex-U.S. Dollar Bond Indexb
12.55
8.74
7.41
Lipper International Income Funds Average
10.47
8.62
7.50

Returns are based on changes in principal value, reinvested dividends, and capital gain distributions, if any. Returns before taxes do not reflect effects of any income or capital gains taxes. Taxes are computed using the highest federal income tax rate. The after-tax returns reflect the rates applicable to ordinary and qualified dividends and capital gains effective in 2003. The returns do not reflect the impact of state and local taxes. Returns af ter taxes on distributions reflect the taxed return on the payment of dividends and capital gains. Returns after taxes on distributions and sale of fund shares assume the shares were sold at period-end and, therefore, are also adjusted for any capital gains or losses incurred by the shareholder. Market indexes do not include expenses, which are deducted from fund returns, or taxes.

aJ.P. Morgan Global Government Bond Broad Index, ex U.S. is the same index as J.P. Morgan Global Government Bond Index, Non-U.S. Dollar.

bThe new benchmark is a broader index that reflects additional investments available to the fund.

J.P. Morgan Global Government Bond Broad Index, ex U.S. tracks government bonds in the U.S. and 12 international markets.

Lehman Brothers Global Aggregate ex-U.S. Dollar Bond Index tracks investment-grade government, corporate, agency, and mortgage-related bonds in markets outside the U.S.

The date of the above supplement is June 30, 2005.

C02-041 6/30/05

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