[VANGUARD SHIP LOGO/R/]

Vanguard/(R)/ FTSE All-World ex-US
Index Fund

Supplement to the Prospectus dated February 19, 2008

Correction to the Account Service Fee

The Account Service Fee (for fund account balances below $10,000) on page 2
should be $20/Year.

(C) 2008 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. PS770 032008

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