-----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,
 Uf/HtMxUwKwJegEnaYg7obYNdcoMCcmEueMEatiyipsk8BCuB0bWYtfBKGKm2bMW
 77quXLgbwbcoyUGBIA8t7A==

<SEC-DOCUMENT>0000899140-97-000665.txt : 19971015
<SEC-HEADER>0000899140-97-000665.hdr.sgml : 19971015
ACCESSION NUMBER:		0000899140-97-000665
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19971014
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS BALANCED FUND INC
		CENTRAL INDEX KEY:			0001006235
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-00533
		FILM NUMBER:		97694997

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS CASH RESERVE FUND
		CENTRAL INDEX KEY:			0000759433
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-94840
		FILM NUMBER:		97694998

	BUSINESS ADDRESS:	
		STREET 1:		400 BELLEVUE PKWY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		3027912919

	MAIL ADDRESS:	
		STREET 1:		400 BELLEVUE PKWY
		STREET 2:		400 BELLEVUE PKWY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS CASH RESERVE FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS NEW YORK TAX EXEMPT FUND
		CENTRAL INDEX KEY:			0000759434
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-94841
		FILM NUMBER:		97694999

	BUSINESS ADDRESS:	
		STREET 1:		103 BELLEVUE PKWY
		CITY:			WILMINTONHIA
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		3027912919

	MAIL ADDRESS:	
		STREET 2:		103 BELLEVUE PKWY
		CITY:			WILMINTONHIA
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS NEW YORK TAX EXEMPT FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS NEW YORK INTERMEDIATE MUNICIPAL FUND
		CENTRAL INDEX KEY:			0000808433
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-11075
		FILM NUMBER:		97695000

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		BROAD & CHESTNUT STS
		STREET 2:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS NEW YORK MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS NEW YORK TAX EXEMPT BOND FUND
		DATE OF NAME CHANGE:	19870302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS FIXED INCOME FUND /NY/
		CENTRAL INDEX KEY:			0000811142
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-12343
		FILM NUMBER:		97695001

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS CAPITAL APPRECIATION FUND
		CENTRAL INDEX KEY:			0000811159
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-12344
		FILM NUMBER:		97695002

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS FUNDS
		STREET 2:		PO BOX 9030
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02205-9030
		BUSINESS PHONE:		8008886878

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS FUNDS
		STREET 2:		PO BOX 9030
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02205-9030

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS CAPITAL APPRECIATION FUND
		DATE OF NAME CHANGE:	19920302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS EMERGING GROWTH FUND INC /PA/
		CENTRAL INDEX KEY:			0000825305
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-18632
		FILM NUMBER:		97695003

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXIGNTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS EMERGING GROWTH FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS INTERMEDIATE MATURITY GOVERNMENT FUND
		CENTRAL INDEX KEY:			0000835598
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-22817
		FILM NUMBER:		97695004

	BUSINESS ADDRESS:	
		STREET 1:		BROAD & CHESTNUT STS
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19101
		BUSINESS PHONE:		2155858827

	MAIL ADDRESS:	
		STREET 2:		BROAD & CHESTNUT STREETS
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS INTERMEDIATE MATURITY GOVERNMENT FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS INTERNATIONAL EQUITY FUND /PA/
		CENTRAL INDEX KEY:			0000846582
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-27031
		FILM NUMBER:		97695005

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WARBURG PINCUS INTERNATIONAL EQUITY FUND  /PA/
		DATE OF NAME CHANGE:	19950201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS INTERNATIONAL EQUITY FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS GLOBAL FIXED INCOME FUND INC
		CENTRAL INDEX KEY:			0000866265
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1230

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-36066
		FILM NUMBER:		97695006

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2125858827

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COUNSELLORS GLOBAL FIXED INCOME FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS INSTITUTIONAL FUND INC
		CENTRAL INDEX KEY:			0000887589
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-47880
		FILM NUMBER:		97695007

	BUSINESS ADDRESS:	
		STREET 1:		103 BELLEVUE PKWY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		2128780600

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS JAPAN OTC FUND INC
		CENTRAL INDEX KEY:			0000927947
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133782949
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-82362
		FILM NUMBER:		97695008

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		400 BELLEVUE PKWY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS EMERGING MARKETS FUND INC
		CENTRAL INDEX KEY:			0000933582
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133762717
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-73498
		FILM NUMBER:		97695009

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		STREET 2:		15TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS TRUST
		CENTRAL INDEX KEY:			0000941568
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-58125
		FILM NUMBER:		97695010

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS POST VENTURE CAPITAL FUND INC
		CENTRAL INDEX KEY:			0000948207
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-61225
		FILM NUMBER:		97695011

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS JAPAN GROWTH FUND INC
		CENTRAL INDEX KEY:			0001002141
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-63655
		FILM NUMBER:		97695012

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS SMALL CO VALUE FUND INC
		CENTRAL INDEX KEY:			0001002651
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-63653
		FILM NUMBER:		97695013

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS TAX FREE FUND INC
		CENTRAL INDEX KEY:			0001006234
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-00531
		FILM NUMBER:		97695014

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS GROWTH & INCOME FUND INC
		CENTRAL INDEX KEY:			0001006236
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-00527
		FILM NUMBER:		97695015

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS GLOBAL POST VENTURE CAPITAL FUND INC
		CENTRAL INDEX KEY:			0001019061
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-08459
		FILM NUMBER:		97695016

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128789548

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS HEALTH SCIENCE FUND INC
		CENTRAL INDEX KEY:			0001025738
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-15419
		FILM NUMBER:		97695017

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS SMALL CO GROWTH FUND INC
		CENTRAL INDEX KEY:			0001026298
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-15453
		FILM NUMBER:		97695018

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS STRATEGIC VALUE FUND INC
		CENTRAL INDEX KEY:			0001027034
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-16193
		FILM NUMBER:		97695019

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WARBURG PINCUS SPECIAL EQUITY FUND INC
		DATE OF NAME CHANGE:	19961114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS TRUST II
		CENTRAL INDEX KEY:			0001029879
		STANDARD INDUSTRIAL CLASSIFICATION:	 []

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-19175
		FILM NUMBER:		97695020

	BUSINESS ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
		BUSINESS PHONE:		2128780600

	MAIL ADDRESS:	
		STREET 1:		466 LEXINGTON AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017-3147
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>RULE 497(E) STICKER FILING
<TEXT>

<PAGE>


                              WARBURG PINCUS FUNDS

                            Supplement to Prospectus
                     and Statement of Additional Information

         Effective October 15, 1997, Warburg, Pincus Counsellors, Inc.
("Warburg"), the Funds' investment adviser, will change its name to "Warburg
Pincus Asset Management, Inc." The name change will have no effect on the
ownership or control of Warburg or any aspect of the current management of the
Warburg Pincus Funds.


Dated:  October 14, 1997                                     16-1097
                                                             for
                                                             WPBDF
                                                             WPDSF
                                                             WPGBT
                                                             WPHSC
                                                             WPINS
                                                             WPISF
                                                             WPMMF
                                                             WPPVF
                                                             WPSCG
                                                             WPSTV
                                                             TREQF
                                                             TRBDF


<PAGE>


                              WARBURG PINCUS FUNDS
                                (Advisor Shares)

                            Supplement to Prospectus
                     and Statement of Additional Information

         Effective October 15, 1997, Warburg, Pincus Counsellors, Inc.
("Warburg"), the Funds' investment adviser, will change its name to "Warburg
Pincus Asset Management, Inc." The name change will have no effect on the
ownership or control of Warburg or any aspect of the current management of the
Warburg Pincus Funds.


Dated:  October 14, 1997                                    16-1097
                                                            for
                                                            ADBAL
                                                            ADBDF
                                                            ADCAP
                                                            ADEMG
                                                            ADEMK
                                                            ADGPV
                                                            ADGRI
                                                            ADIEQ
                                                            ADJPG
                                                            ADOTC
                                                            ADPVC
                                                            ADSCG
                                                            ADSCV
                                                            ADSTV


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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