497 1 d03970ee497.txt FORM 497 BERGER FUNDS SUPPLEMENT DATED MARCH 12, 2003 The previously announced shareholder meetings of the Berger Funds occurred on March 7, 2003. At the meetings, shareholders approved the following fund proposals: Berger Balanced Fund Berger Mid Cap Growth Fund Berger Small Company Growth Fund Berger Information Technology Fund Berger International Fund Berger Small Cap Value Fund Berger Mid Cap Value Fund Berger Small Cap Value Fund II The shareholder meetings for the following Funds were adjourned until March 28, 2003, in order to permit further solicitation of proxies. Berger Growth Fund Berger Large Cap Growth Fund It is anticipated that the mergers and other proposals will take effect sometime in April 2003. Until such time as all of these proposed reorganizations and related matters are approved by shareholders and effected, you may continue to direct inquiries to the Berger Funds at 1-800-551-5849.