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The following capital gains distributions were declared to shareholders of record on January 27, 2009.

Declaration/Record Date: January 27, 2009
Ex-Dividend and Reinvestment Date: January 28, 2009
Pay Date: January 29, 2009
January 2009 Capital Gains Distributions
  Per Share Amounts
T. Rowe Price Funds Short-Term
Capital Gains
Long-Term
Capital Gains
Institutional International Bond $0.15
International Bond $0.19
International Bond—Advisor Class $0.19
Spectrum Income $0.02

For more information on the T. Rowe Price Advisor and R-Class funds, please visit our Web site for financial intermediaries at www.troweprice.com/fi.

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