The following capital gains distributions were declared to shareholders of record on January 28, 2008.
| Declaration/Record Date: | January 28, 2008 |
| Ex-Dividend and Reinvestment Date: | January 29, 2008 |
| Pay Date: | January 30, 2008 |
| January 2008 Capital Gains Distributions | ||
| Per Share Amounts | ||
| T. Rowe Price Funds | Short-Term Capital Gains |
Long-Term Capital Gains |
| Emerging Markets Bond | — | $0.07 |
| International Bond | $0.04 | — |
| International Bond—Advisor Class | $0.04 | — |
| Spectrum Income | — | $0.10 |



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