497 1 matthews_497e.txt MATTHEWS INTERNATIONAL FUNDS 497E Supplement dated December 31, 2008 To the Prospectus of Matthews Asia Funds Dated April 29, 2008, as supplemented September 15, 2008 Effective January 1, 2009. The following supplements the Portfolio Managers section on pages 28, 32, 36 and 48 and the Management of the Funds - Portfolio Managers section on pages 54 and 55 with respect to the Matthews China, Matthews India, Matthews Japan and Matthews Asian Technology Funds: The Lead Manager for the Matthews China Fund is Richard Gao and the Co-Manager is Andrew T. Foster. The Lead Manager for the Matthews India Fund is Sharat Shroff, CFA, and the Co-Managers are Andrew T. Foster and Noor Kamruddin. The Lead Manager for the Matthews Japan Fund is Taizo Ishida and the Co-Manager is Virgil Adams. The Lead Manager for the Matthews Asian Technology Fund is J. Michael Oh and the Co-Manager is Lydia So. Virgil Adams is Co-Manager of the Matthews Japan Fund. Prior to joining Matthews International Capital Management, LLC in 2008, Virgil was Co-Founder and Managing Partner of New Frontiers Investments in Shanghai, starting in 2002. He was also President of Amida Capital in Tokyo. Before that, Virgil served as a Founding Partner and Portfolio Manager for Hachibushu Capital, a multi-strategy hedge fund based in Tokyo. Previously, Virgil worked for six years at Fidelity Investments as an Equity Analyst and Portfolio Manager. He received a B.A. in International Studies from the University of Oregon and an M.B.A from the University of Michigan. He is fluent in Japanese. Virgil has been a Portfolio Manager of the Japan Fund since 2009. Matthews Asia Funds are distributed by PFPC Distributors, Inc. Supplement dated December 31, 2008 To the Statement of Additional Information of Matthews Asia Funds Dated April 29, 2008, as supplemented September 15, 2008 Effective January 1, 2009. The following supplements the Portfolio Managers section on pages 42 through 45 of the Statement of Additional Information:
---------------------------------------------------------------------------------------------------------------------------- NUMBER OF ACCOUNTS WHERE TOTAL ASSETS ADVISORY FEE IS TOTAL ASSETS IN ACCOUNTS NAME OF ACCOUNT NUMBER OF IN BASED ON ACCOUNT WHERE ADVISORY FEE IS BASED PORTFOLIO MANAGER CATEGORY ACCOUNTS ACCOUNTS PERFORMANCE ON ACCOUNT PERFORMANCE ---------------------------------------------------------------------------------------------------------------------------- MARK W. HEADLEY Registered 0 0 0 0 Co-Portfolio Manager of Investment the Matthews Pacific Tiger Companies and Korea Funds. ---------------------------------------------------------------------------------------------------------------------------- Other Pooled 0 0 0 0 Investment Vehicles ---------------------------------------------------------------------------------------------------------------------------- Other Accounts 0 0 0 0 ---------------------------------------------------------------------------------------------------------------------------- ANDREW T. FOSTER Registered 0 0 0 0 Lead Portfolio Manager of Investment the Matthews Asian Growth Companies and Income; Co-Portfolio Manager of the Matthews Asia Pacific Equity Income, China and India Funds. ---------------------------------------------------------------------------------------------------------------------------- Other Pooled 1 $336,860,135 0 0 Investment Vehicles ---------------------------------------------------------------------------------------------------------------------------- Other Accounts 0 0 0 0 ---------------------------------------------------------------------------------------------------------------------------- NOOR KAMRUDDIN Registered 0 0 0 0 Co-Portfolio Manager of Investment the Matthews India and Companies Asia Small Companies Funds. ---------------------------------------------------------------------------------------------------------------------------- Other Pooled 0 0 0 0 Investment Vehicles ---------------------------------------------------------------------------------------------------------------------------- Other Accounts 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------- NUMBER OF ACCOUNTS WHERE TOTAL ASSETS ADVISORY FEE IS TOTAL ASSETS IN ACCOUNTS NAME OF ACCOUNT NUMBER OF IN BASED ON ACCOUNT WHERE ADVISORY FEE IS BASED PORTFOLIO MANAGER CATEGORY ACCOUNTS ACCOUNTS PERFORMANCE ON ACCOUNT PERFORMANCE ---------------------------------------------------------------------------------------------------------------------------- SHARAT SHROFF, CFA Registered 0 0 0 0 Lead Portfolio Manager of Investment the Matthews Pacific Tiger Companies and India Funds; Co-Portfolio Manager of the Matthews Asia Pacific Fund. ---------------------------------------------------------------------------------------------------------------------------- Other Pooled 1 26,598,021 0 0 Investment Vehicles ---------------------------------------------------------------------------------------------------------------------------- Other Accounts 3 558,708,645 0 0 ---------------------------------------------------------------------------------------------------------------------------- VIRGIL ADAMS Registered 0 0 0 0 Co-Portfolio Manager of Investment the Matthews Japan Fund. Companies ---------------------------------------------------------------------------------------------------------------------------- Other Pooled 0 0 0 0 Investment Vehicles ---------------------------------------------------------------------------------------------------------------------------- Other Accounts 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------
The following supplements the Portfolio Managers section on page 47 of the Statement of Additional Information: -------------------------------------------------------------------------------- NAME OF DOLLAR RANGE OF PORTFOLIO MANAGER EQUITY SECURITIES IN THE FUND -------------------------------------------------------------------------------- Virgil Adams |X| None --------------------------------------------------------------------------------