497 1 matthews_497e.txt MATTHEWS ASIAN FUND 497E Supplement dated January 28, 2008 To the Prospectus of Matthews Asian Funds Dated April 30, 2007 Effective February 1, 2008. The following supplements the Portfolio Managers section on pages 18 and 26 and the Management of the Funds - Portfolio Managers section on pages 52 through 54 with respect to the Matthews Asia Pacific Equity Income and Matthews Asian Growth and Income Funds: The Lead Manager for the Matthews Asia Pacific Equity Income Fund is Jesper Madsen, CFA and Co-Manager is Andrew T. Foster. The Lead Manager for the Matthews Asian Growth and Income Fund is Andrew T. Foster and the Co-Manager is G. Paul Matthews. Matthews Asian Funds are distributed by PFPC Distributors, Inc. Supplement dated January 28, 2008 To Statement of Additional Information of Matthews Asian Funds Dated April 30, 2007 Effective February 1, 2008. The following replaces the Portfolio Managers section on pages 42 and 44 of the Statement of Additional Information:
------------------------------------------------------------------------------------------------------------------------------- NUMBER OF ACCOUNTS WHERE TOTAL ASSETS IN ACCOUNTS ADVISORY FEE IS WHERE ADVISORY FEE NAME OF ACCOUNT NUMBER OF TOTAL ASSETS IN BASED ON ACCOUNT IS BASED ON ACCOUNT PORTFOLIO MANAGER CATEGORY ACCOUNTS ACCOUNTS PERFORMANCE PERFORMANCE ----------------- -------- -------- -------- ----------- ----------- --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- G. PAUL MATTHEWS Registered 0 0 0 0 Co-Portfolio Manager of Investment the Matthews Asian Growth Companies and Income Fund. --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- Other Pooled 1 $506,117,209 0 0 Investment Vehicles --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- Other Accounts 0 0 0 0 --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- ANDREW T. FOSTER (1) Registered 0 0 0 0 Lead Portfolio Manager of Investment the Matthews Asian Growth Companies and Income and India Funds; Co-Portfolio Manager of the Matthews Asia Pacific Equity Income and China Funds. --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- Other Pooled 1 $317,760,464 0 0 Investment Vehicles --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- Other Accounts 0 0 0 0 --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- JESPER MADSEN Registered 0 0 0 0 Lead Portfolio Manager of Investment the Matthews Asia Pacific Companies Equity Income Fund. --------------------------- ----------------- ------------- ----------------- ----------------- -------------------------------- Other Pooled 0 0 0 0 Investment Vehicles --------------------------- ----------------- ------------- ----------------- ----------------- --------------------------------
----------------------------------- (1) Mr. Foster was named Co-Portfolio Manager of the Matthews China Fund in January 2008.