VEU Vanguard FTSE All World Ex US

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Vanguard/(R)/ International Stock
Index Funds

Vanguard Emerging Markets Stock Index Fund

Supplement to the Prospectus Dated February 19, 2008

Effective June 26, 2008, the Fund has reduced its purchase and redemption
transaction fees as follows:

 Former New
Fund Transaction Fee Transaction Fee
--------------------------------------------------------------------
Emerging Markets Stock Index Fund 0.50% 0.25%

(C) 2008 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. PS72A 062008

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

Supplement to the Prospectus Dated February 19, 2008

Effective June 26, 2008, the Fund has eliminated its purchase fee as follows:

 Former Purchase New Purchase
Fund Fee Fee
--------------------------------------------------------------------
FTSE All-World ex-US Index Fund 0.25% None

(C) 2008 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. PS770FR 062008

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