Filed Pursuant to Rule 497(e)
Registration Statement No. 33-97598

                    SUPPLEMENT DATED JUNE 27, 2000
                                 TO
                             iSHARES, INC.
                              PROSPECTUS
                                 AND
                 STATEMENT OF ADDITIONAL INFORMATION
                        DATED DECEMBER 30, 1999
                       (AS REVISED MAY 22, 2000)

     The information in this Supplement updates the
information in, and should be read in conjunction with, the
Prospectus and the Statement of Additional Information of
iShares, Inc., each dated December 30, 1999 (as revised May
22, 2000).

AMEX LISTING OF ISHARES MSCI TAIWAN INDEX FUND AND COMMENCEMENT
OF SALES TO THE PUBLIC

     The American Stock Exchange LLC has approved the
listing of the iShares MSCI Taiwan Index Fund.

     Shares of the iShares MSCI Taiwan Index Fund began to
be offered for sale to the public on June 23, 2000, and
trade on the American Stock Exchange under the ticker symbol
"EWT".

THE ISHARES MSCI MALAYSIA (FREE) INDEX FUND HAS BEEN RE-OPENED

     Effective May 26, 2000, the iShares MSCI Malaysia
(Free) Index Fund commenced offers of Creation Units of its
iShares for U.S. dollars.

     The Company continues to seek relief from the Malaysian
authorities to permit it to effect sales and redemptions of
Creation Units of the MSCI Malaysia (Free) Index Fund's
iShares on an "in kind" basis.  There can be no assurances
that such relief will be obtained, or that the Company's
decision to permit offers and redemptions of Creation Units
of the MSCI Malaysia (Free) Index Fund's iShares for U.S.
dollars will result in that Fund's iShares trading close to
their net asset value.

SPECIAL MEETINGS OF SHAREHOLDERS OF THE ISHARES MSCI CANADA,
JAPAN AND UNITED KINGDOM INDEX FUNDS

     The shareholders of the MSCI Canada Index Fund approved
a proposal on June 27, 2000 to change that fund from
"diversified" to "non-diversified", effective
immediately.  As a consequence, the iShares MSCI Canada
Index Fund is now subject to the non-diversification risks
described under "Principal Risk Factors" in the
Prospectus.

     The Company has adjourned until June 30, 2000 the
special meetings of shareholders of the iShares MSCI Japan
and United Kingdom Index Funds.  Shareholders of these Index
Funds will be voting on proposals to change the funds from
"diversified" to "non-diversified" funds.  Details of the
proposals are contained in the Company's proxy statement
dated March 28, 2000.  If the shareholders of either Index
Fund approve its change to non-diversified status, that
change will be effective immediately and the Index Fund will
be subject to the non-diversification risks described under
"Principal Risk Factors" in the Prospectus.  If
shareholders of either Index Fund do not approve the
proposal, that Index Fund will continue as a diversified
fund.