EUROPACIFIC GROWTH FUND (Form: 485BPOS, Received: 05/31/2006 13:58:10)

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[logo - American Funds (r)] The right choice for the long term/(R)/

EuroPacific
Growth Fund/(R)/

PROSPECTUS

June 1, 2006

TABLE OF CONTENTS

1 Risk/Return summary
5 Fees and expenses of the fund
7 Investment objective, strategies and risks
10 Management and organization
14 Shareholder information
15 Choosing a share class
17 Purchase and exchange of shares
21 Sales charges
24 Sales charge reductions and waivers
27 Rollovers from retirement plans to IRAs
28 Plans of distribution
28 Other compensation to dealers
29 How to sell shares
31 Distributions and taxes
32 Financial highlights

THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED OR DISAPPROVED OF
THESE SECURITIES. FURTHER, IT HAS NOT DETERMINED THAT THIS PROSPECTUS IS
ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.

<PAGE>

Risk/Return summary

The fund seeks to make your investment grow over time by investing primarily in
stocks of issuers located in Europe and the Pacific Basin.

The fund is designed for investors seeking capital appreciation and
diversification through investments in stocks of issuers based outside the
United States. Investors in the fund should have a long-term perspective and be
able to tolerate potentially wide price fluctuations.
Your investment in the fund is subject to risks, including the possibility that
the value of the fund's portfolio holdings will fluctuate in response to events
specific to the companies in which the fund invests, as well as economic,
political or social events in the United States or abroad, and currency
fluctuations.

Your investment in the fund is not a bank deposit and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other government
agency, entity or person.
YOU MAY LOSE MONEY BY INVESTING IN THE FUND. THE LIKELIHOOD OF LOSS MAY BE
GREATER IF YOU INVEST FOR A SHORTER PERIOD OF TIME.

1
EuroPacific Growth Fund / Prospectus
<PAGE>

HISTORICAL INVESTMENT RESULTS
The bar chart below shows how the fund's investment results have varied from
year to year, and the Investment Results table on page 4 shows how the fund's
average annual total returns for various periods compare with different broad
measures of market performance. This information provides some indication of the
risks of investing in the fund. All fund results reflect the reinvestment of
dividends and capital gain distributions, if any. Unless otherwise noted, fund
results reflect any fee waivers and/or expense reimbursements in effect during
the period presented. Past results (before and after taxes) are not predictive
of future results.

[begin - bar chart]

CALENDAR YEAR TOTAL RETURNS FOR CLASS A SHARES
(Results do not include a sales charge; if a sales charge were included,
results would be lower.)

1996 18.64
1997 9.19
1998 15.54
1999 56.97
2000 -17.84
2001 -12.18
2002 -13.61
2003 32.91
2004 19.69
2005 21.12

[end - bar chart]

Highest/Lowest quarterly results during this time period were:

HIGHEST 29.09% (quarter ended December 31, 1999)
LOWEST -17.58% (quarter ended September 30, 2002)

The fund's total return for the three months ended March 31, 2006, was 7.54%.

2
EuroPacific Growth Fund / Prospectus

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Unlike the bar chart on the previous page, the Investment Results table on the
following page reflects, as required by Securities and Exchange Commission
rules, the fund's investment results with the following maximum initial or
contingent deferred sales charges imposed:

. Class A share results reflect the maximum initial sales charge of 5.75%. This
charge is reduced for purchases of $25,000 or more and eliminated for
purchases of $1 million or more.
. Class B share results reflect the applicable contingent deferred sales
charge. For example, results for the one-year period shown reflect a
contingent deferred sales charge of 5%. These charges begin to decline one
year after purchase and are eliminated six years after purchase.

. Class C share results for the one-year period shown reflect a contingent
deferred sales charge of 1%, which only applies if shares are sold within one
year of purchase.

. Class 529-E and Class F shares are sold without any initial or contingent
deferred sales charge.

Results would be higher if calculated without sales charges. The references
above to Class A, B, C or F sales charges also refer to the corresponding Class
529-A, 529-B, 529-C or 529-F sales charges.

The Investment Results table shows the fund's results on both a pretax and
after-tax basis, as required by Securities and Exchange Commission rules.
After-tax returns are shown only for Class A shares; after-tax returns for other
share classes will vary. Total returns shown "after taxes on distributions"
reflect the effect of taxes on distributions (for example, dividends or capital
gain distributions) by the fund. Total returns shown "after taxes on
distributions and sale of fund shares" assume that you sold your fund shares at
the end of the particular time period and, as a result, reflect the effect of
both taxes on distributions by the fund and taxes on any gain or loss realized
upon the sale of the shares. After-tax returns are calculated using the highest
individual federal income tax rates in effect during each year of the periods
shown and do not reflect the impact of state and local taxes.
YOUR ACTUAL AFTER-TAX RETURNS DEPEND ON YOUR INDIVIDUAL TAX SITUATION AND LIKELY
WILL DIFFER FROM THE RESULTS SHOWN BELOW. IN ADDITION, AFTER-TAX RETURNS MAY NOT
BE RELEVANT IF YOU HOLD YOUR FUND SHARES THROUGH A TAX-DEFERRED ARRANGEMENT,
SUCH AS A 401(K) PLAN, INDIVIDUAL RETIREMENT ACCOUNT (IRA) OR 529 COLLEGE
SAVINGS PLAN.

Unlike the Investment Results table on page 4, the Additional Investment Results
table on page 8 reflects the fund's results calculated without sales charges.

EuroPacific Growth Fund / Prospectus
<PAGE>

INVESTMENT RESULTS (WITH MAXIMUM SALES CHARGES)
AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2005:
1 YEAR 5 YEARS 10 YEARS LIFETIME/1/
-------------------------------------------------------------------------------

CLASS A -- FIRST SOLD 4/16/84
Before taxes 14.16% 6.62% 10.28% 13.44%
After taxes on distributions 13.55 6.26 9.18 N/A
After taxes on distributions and 10.48 5.65 8.59 N/A
sale of fund shares

1 YEAR 5 YEARS LIFETIME/1/
------------------------------------------------------------------

CLASS B -- FIRST SOLD 3/15/00
Before taxes 15.24% 6.77% 2.12%
CLASS C -- FIRST SOLD 3/15/01
Before taxes 19.09 N/A 9.05
CLASS F -- FIRST SOLD 3/15/01
Before taxes 21.05 N/A 9.93
CLASS 529-A -- FIRST SOLD 2/15/02
Before taxes 14.06 N/A 13.19
CLASS 529-B -- FIRST SOLD 2/19/02
Before taxes 14.99 N/A 13.99
CLASS 529-C -- FIRST SOLD 2/15/02
Before taxes 18.99 N/A 13.94
CLASS 529-E -- FIRST SOLD 3/7/02
Before taxes 20.62 N/A 13.24
CLASS 529-F -- FIRST SOLD 9/16/02
Before taxes 21.13 N/A 22.79

1 YEAR 5 YEARS 10 YEARS LIFETIME/1/
-------------------------------------------------------------------------------

INDEXES (BEFORE TAXES)
MSCI EAFE Index/(R)//2/ 14.02% 4.94% 6.18% 11.16%
Lipper International Funds 14.65 4.18 7.37 11.16%
Average/3/
MSCI All Country World Index 17.11 6.66 6.70 N/A
ex-USA/4/

1 Lifetime results for each share class are measured from the date the share
class was first sold. Lifetime results for the index(es) shown are measured
from the date Class A shares were first sold. In prior years, each index may
have included different funds or securities from those that constitute the
current year's index.
2 MSCI EAFE (Europe, Australasia, Far East) Index is a free float-adjusted
market capitalization index that is designed to measure developed market equity
performance, excluding the United States and Canada. This index is unmanaged
and includes reinvested dividends and/or distributions, but does not reflect
sales charges, commissions, expenses or taxes.
3 Lipper International Funds Average is comprised of funds that invest assets in
securities with primary trading markets outside the United States. The results
of the underlying funds in the average include the reinvestment of dividends
and capital gain distributions, as well as brokerage commissions paid by the
funds for portfolio transactions, but do not reflect sales charges or taxes.

4 MSCI All Country World Index ex-USA is a free float-adjusted market
capitalization index that is designed to measure equity market performance in
the global developed and emerging markets, excluding the United States. The
index consists of 48 developed and emerging market country indexes. This index
is unmanaged and includes reinvested dividends and/or distributions, but does
not reflect sales charges, commissions, expenses or taxes. This index was not
in existence as of the date the fund began investment operations; therefore,
lifetime results are not available.

4
EuroPacific Growth Fund / Prospectus

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Fees and expenses of the fund

These tables describe the fees and expenses that you may pay if you buy and hold
shares of the fund.

SHAREHOLDER FEES (PAID DIRECTLY FROM YOUR INVESTMENT)
CLASS A/1/ CLASS B/1/ CLASS C/1/ CLASS 529-E/2/ CLASS F/1,3/
--------------------------------------------------------------------------------------------

Maximum initial sales
charge on purchases 5.75%/4/ none none none none
(as a percentage of
offering price)
--------------------------------------------------------------------------------------------
Maximum sales charge none none none none none
on reinvested
dividends
--------------------------------------------------------------------------------------------
Maximum contingent none/5/ 5.00%/6/ 1.00%/7/ none none
deferred sales charge
--------------------------------------------------------------------------------------------
Redemption or none none none none none
exchange fees

1 Includes corresponding 529 share class. Accounts holding these 529 shares are
subject to a $10 account setup fee and an annual $10 account maintenance fee,
which are not reflected in this table.
2 Available only to employer-sponsored 529 plans. Accounts holding these shares
are subject to a $10 account setup fee and an annual $10 account maintenance
fee, which are not reflected in this table.
3 Class F and 529-F shares are generally available only to fee-based programs of
investment dealers that have special agreements with the fund's distributor and
to certain registered investment advisers.
4 The initial sales charge is reduced for purchases of $25,000 or more and
eliminated for purchases of $1 million or more.
5 A contingent deferred sales charge of 1.00% applies on certain redemptions
made within one year following purchases of $1 million or more made without an
initial sales charge.
6 The contingent deferred sales charge is reduced one year after purchase and
eliminated six years after purchase.
7 The contingent deferred sales charge is eliminated one year after purchase.

ANNUAL FUND OPERATING EXPENSES (DEDUCTED FROM FUND ASSETS)
CLASS A CLASS B CLASS C CLASS F
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Management fees/8/ 0.43% 0.43% 0.43% 0.43%
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Distribution and/or service 0.25 1.00 1.00 0.25
(12b-1) fees/9/
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Other expenses/10/ 0.13 0.12 0.21 0.16
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Total annual fund operating 0.81 1.55 1.64 0.84
expenses/8/
CLASS CLASS CLASS CLASS CLASS

529-A 529-B 529-C 529-E 529-F
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Management fees/8/ 0.43% 0.43% 0.43% 0.43% 0.43%
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Distribution and/or service 0.17 1.00 1.00 0.50 0.02
(12b-1) fees/11/
-------------------------------------------------------------------------------
Other expenses/10,12/ 0.25 0.28 0.27 0.25 0.25
-------------------------------------------------------------------------------
Total annual fund operating 0.85 1.71 1.70 1.18 0.70
expenses/8/

8 The fund's investment adviser began waiving 5% of its management fees on
September 1, 2004. Beginning April 1, 2005, this waiver increased to 10% and is
expected to continue at this level until further review. Total annual fund
operating expenses do not reflect any waiver. Information regarding the effect
of any waiver on total annual fund operating expenses can be found in the
Financial Highlights table in this prospectus and the audited financial
statements in the fund's annual report.
9 Class A and F 12b-1 fees may not exceed .25% and .50%, respectively, of each
class' average net assets annually. Class B and C 12b-1 fees are up to 1.00% of
each class' average net assets annually.
10 Includes custodial, legal, transfer agent and subtransfer agent/recordkeeping
payments and various other expenses. Subtransfer agent/recordkeeping payments
may be made to third parties (including affiliates of the fund's investment
adviser) that provide subtransfer agent, recordkeeping and/or shareholder
services with respect to certain shareholder accounts in lieu of the transfer
agent providing such services. The amount paid for subtransfer
agent/recordkeeping services will vary depending on the share class and
services provided, and typically ranges from $3 to $19 per account.
11 Class 529-A and 529-F 12b-1 fees may not exceed .50% of each class' average
net assets annually. Class 529-B and 529-C 12b-1 fees are up to 1.00% of each
class' average net assets annually. Class 529-E 12b-1 fees may not exceed .75%
of the class' average net assets annually.
12 Includes .10% paid to a state or states for oversight and administrative
services.

5
EuroPacific Growth Fund / Prospectus
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EXAMPLES

The examples below are intended to help you compare the cost of investing in the
fund with the cost of investing in other mutual funds. The examples assume that
you invest $10,000 in the fund for the time periods indicated, that your
investment has a 5% return each year, that all dividends and capital gain
distributions are reinvested, and that the fund's operating expenses remain the
same as shown above. The examples do not reflect the impact of any fee waivers
or expense reimbursements. The examples assuming redemption do not reflect the
effect of any taxable gain or loss at the time of the redemption.

Although your actual costs may be higher or lower, based on these assumptions,
your cumulative estimated expenses would be:

1 YEAR 3 YEARS 5 YEARS 10 YEARS
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Class A/1/ $653 $819 $ 999 $1,519
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Class B -- assuming redemption/2/ 658 890 1,045 1,646
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Class B -- assuming no redemption/3/ 158 490 845 1,646
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Class C -- assuming redemption/4/ 267 517 892 1,944
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Class C -- assuming no redemption 167 517 892 1,944
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Class F -- excludes intermediary fees/5/ 86 268 466 1,037
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Class 529-A/1,6/ 677 870 1,078 1,668
-------------------------------------------------------------------------------
Class 529-B -- assuming 694 977 1,185 1,892
redemption/2,6/
-------------------------------------------------------------------------------
Class 529-B -- assuming no 194 577 985 1,892
redemption/3,6/
-------------------------------------------------------------------------------
Class 529-C -- assuming 293 574 980 2,107
redemption/4,6/
-------------------------------------------------------------------------------
Class 529-C -- assuming no redemption/6/ 193 574 980 2,107
-------------------------------------------------------------------------------
Class 529-E/6/ 140 414 707 1,534
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Class 529-F -- excludes intermediary 91 263 448 976
fees/5,6/

1 Reflects the maximum initial sales charge in the first year.
2 Reflects applicable contingent deferred sales charges through year six and
Class A or 529-A expenses for years nine and 10 because Class B and 529-B
shares automatically convert to Class A and 529-A shares, respectively, after
eight years.
3 Reflects Class A or 529-A expenses for years nine and 10 because Class B and
529-B shares automatically convert to Class A and 529-A shares, respectively,
after eight years.
4 Reflects a contingent deferred sales charge in the first year.
5 Does not include fees charged by financial intermediaries, which are
independent of fund expenses and will increase the overall cost of your
investment. Intermediary fees typically range from .75% to 1.50% of assets
annually depending on the services offered.
6 Reflects an initial $10 account setup fee and an annual $10 account
maintenance fee.

6
EuroPacific Growth Fund / Prospectus

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Investment objective, strategies and risks

The fund's investment objective is to provide you with long-term growth of
capital. Normally, the fund will invest at least 80% of its assets in
securities of issuers located in Europe and the Pacific Basin. This policy is
subject to change only upon 60 days' notice to shareholders. Various factors
will be considered when determining whether a country is part of Europe,
including whether a country is part of the MSCI European indexes. A country will
be considered part of the Pacific Basin if any of its borders touch the Pacific
Ocean.

The prices of securities held by the fund may decline in response to certain
events, including those directly involving the companies whose securities are
owned by the fund; conditions affecting the general economy; overall market
changes; local, regional or global political, social or economic instability;
and currency and interest rate fluctuations. The growth-oriented, equity-type
securities generally purchased by the fund may involve large price swings and
potential for loss.
Investments in securities issued by entities based outside the United States may
also be affected by currency controls; different accounting, auditing, financial
reporting, and legal standards and practices in some countries; expropriation;
changes in tax policy; greater market volatility; differing securities market
structures; higher transaction costs; and various administrative difficulties,
such as delays in clearing and settling portfolio transactions or in receiving
payment of dividends. These risks may be heightened in connection with
investments in developing countries.

The fund may also hold cash, money market instruments and fixed-income
securities. The percentage of the fund invested in such holdings varies and
depends on various factors, including market conditions and purchases and
redemptions of fund shares. A larger percentage of such holdings could moderate
the fund's investment results in a period of rising market prices; conversely,
it could reduce the magnitude of the fund's loss in the event of falling market
prices and provide liquidity to make additional investments or to meet
redemptions.

The fund relies on the professional judgment of its investment adviser to make
decisions about the fund's portfolio investments. The basic investment
philosophy of the investment adviser is to seek to invest in attractively valued
companies that, in its opinion, represent above-average long-term investment
opportunities. The investment adviser believes that an important way to
accomplish this is through fundamental analysis, which may include meeting with
company executives and employees, suppliers, customers and competitors.
Securities may be sold when the investment adviser believes that they no longer
represent relatively attractive investment opportunities.

7
EuroPacific Growth Fund / Prospectus
<PAGE>

ADDITIONAL INVESTMENT RESULTS
Unlike the Investment Results table on page 4, the table below reflects the
fund's results calculated without sales charges.

ADDITIONAL INVESTMENT RESULTS (WITHOUT SALES CHARGES)
AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2005:
1 YEAR 5 YEARS 10 YEARS LIFETIME/1/
-------------------------------------------------------------------------------

CLASS A -- FIRST SOLD 4/16/84
Before taxes 21.12% 7.89% 10.93% 13.75%
After taxes on distributions 20.46 7.52 9.82 N/A
After taxes on distributions and 15.08 6.77 9.19 N/A
sale of fund shares
-------------------------------------------------------------------------------

1 YEAR 5 YEARS LIFETIME/1/
------------------------------------------------------------------

CLASS B -- FIRST SOLD 3/15/00
Before taxes 20.24% 7.08% 2.27%
------------------------------------------------------------------
CLASS C -- FIRST SOLD 3/15/01
Before taxes 20.09 N/A 9.05
------------------------------------------------------------------
CLASS F -- FIRST SOLD 3/15/01
Before taxes 21.05 N/A 9.93
------------------------------------------------------------------
CLASS 529-A -- FIRST SOLD 2/15/02
Before taxes 21.03 N/A 14.94
------------------------------------------------------------------
CLASS 529-B -- FIRST SOLD 2/19/02
Before taxes 19.99 N/A 14.52
------------------------------------------------------------------
CLASS 529-C -- FIRST SOLD 2/15/02
Before taxes 19.99 N/A 13.94
------------------------------------------------------------------
CLASS 529-E -- FIRST SOLD 3/7/02
Before taxes 20.62 N/A 13.24
------------------------------------------------------------------
CLASS 529-F -- FIRST SOLD 9/16/02
Before taxes 21.13 N/A 22.79
------------------------------------------------------------------

1 YEAR 5 YEARS 10 YEARS LIFETIME/1/
-------------------------------------------------------------------------------

INDEXES (BEFORE TAXES)
MSCI EAFE Index/2/ 14.02% 4.94% 6.18% 11.16%
Lipper International Funds 14.65 4.18 7.37 11.16
Average/3/
MSCI All Country World Index 17.11 6.66 6.70 N/A
ex-USA/4/

8
EuroPacific Growth Fund / Prospectus

<PAGE>

INDUSTRY SECTOR DIVERSIFICATION AS OF MARCH 31, 2006 (PERCENT OF NET ASSETS)

[begin - pie chart]

Financials 22.77%
Consumer discretionary 12.58%
Information technology 11.39%
Health care 7.96%
Telecommunications services 7.61%
Other industries 28.76%
Short-term securities &
other assets less liabilities 8.87%
Convertible securities & warrants 0.06%

[end - pie chart]

PERCENT OF
PERCENT INVESTED BY COUNTRY NET ASSETS
--------------------------------------------------------------------------

Europe
Euro zone* 22.9%
--------------------------------------------------------------------------
United Kingdom 8.1
--------------------------------------------------------------------------
Switzerland 6.1
--------------------------------------------------------------------------
Russia 1.5
--------------------------------------------------------------------------
Denmark 1.2
--------------------------------------------------------------------------
Norway 1.2
--------------------------------------------------------------------------
Hungary 0.7
--------------------------------------------------------------------------
Other Europe 0.4
--------------------------------------------------------------------------
Pacific Basin
Japan 17.7%
--------------------------------------------------------------------------
South Korea 8.0
--------------------------------------------------------------------------
Taiwan 4.8
--------------------------------------------------------------------------
Mexico 2.7
--------------------------------------------------------------------------
Canada 2.7
--------------------------------------------------------------------------
Hong Kong 2.0
--------------------------------------------------------------------------
Australia 1.4
--------------------------------------------------------------------------
Indonesia 0.7
--------------------------------------------------------------------------
China 0.6
--------------------------------------------------------------------------
Singapore 0.6
--------------------------------------------------------------------------
Other Pacific Basin 1.1
--------------------------------------------------------------------------
Other
Brazil 3.4
--------------------------------------------------------------------------
India 2.1
--------------------------------------------------------------------------
South Africa 1.2
--------------------------------------------------------------------------
Short-term securities &
other assets less liabilities 8.9
Total 100.0%

* Countries using the euro as a common currency are: Austria, Belgium, Finland,
France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal and
Spain.

Because the fund is actively managed, its holdings will change over time.
For updated information on the fund's portfolio holdings, please visit us at
americanfunds.com.

9
EuroPacific Growth Fund / Prospectus
<PAGE>

Management and organization

INVESTMENT ADVISER
Capital Research and Management Company, an experienced investment management
organization founded in 1931, serves as investment adviser to the fund and other
funds, including the American Funds. Capital Research and Management Company is
a wholly owned subsidiary of The Capital Group Companies, Inc. and is located at
333 South Hope Street, Los Angeles, California 90071, and 135 South State
College Boulevard, Brea, California 92821. Capital Research and Management
Company manages the investment portfolio and business affairs of the fund. The
total management fee paid by the fund, as a percentage of average net assets,
for the previous fiscal year appears in the Annual Fund Operating Expenses table
under "Fees and expenses of the fund." A discussion regarding the basis for the
approval of the fund's investment advisory and service agreement by the fund's
board of trustees is contained in the fund's annual report to shareholders for
the fiscal year ended March 31, 2006.

EXECUTION OF PORTFOLIO TRANSACTIONS
The investment adviser places orders with broker-dealers for the fund's
portfolio transactions. The investment adviser strives to obtain best execution
for the fund's portfolio transactions, taking into account a variety of factors
to produce the most favorable total price reasonably attainable under the
circumstances. These factors include the size and type of transaction, the cost
and quality of executions, and the broker-dealer's ability to offer liquidity
and anonymity. For example, with respect to equity transactions, the fund does
not consider the investment adviser as having an obligation to obtain the lowest
available commission rate to the exclusion of price, service and qualitative
considerations. Subject to the considerations outlined above, the investment
adviser may place orders for the fund's portfolio transactions with
broker-dealers who have sold shares of funds managed by the investment adviser,
or who have provided investment research, statistical or other related services
to the investment adviser. In placing orders for the fund's portfolio
transactions, the investment adviser does not commit to any specific amount of
business with any particular broker-dealer. Subject to best execution, the
investment adviser may consider investment research, statistical or other
related services provided to the adviser in placing orders for the fund's
portfolio transactions. However, when the investment adviser places orders for
the fund's portfolio transactions, it does not give any consideration to whether
a broker-dealer has sold shares of the funds managed by the investment adviser.

10
EuroPacific Growth Fund / Prospectus

<PAGE>

PORTFOLIO HOLDINGS
Portfolio holdings information for the fund is available on the American Funds
website at americanfunds.com. To reach this information, access the lower
portion of the fund's details page on the website. A list of the fund's top 10
equity holdings updated as of each month-end is generally posted to this page
within 14 days after the end of the applicable month. A link to the fund's
complete list of publicly disclosed portfolio holdings updated as of each
calendar quarter-end is generally posted to this page within 45 days after the
end of the applicable quarter. Both lists remain available on the website until
new information for the next month or quarter is posted. Portfolio holdings
information for the fund is also contained in reports filed with the Securities
and Exchange Commission.

A description of the fund's policies and procedures regarding disclosure of
information about its portfolio holdings is available in the statement of
additional information.

MULTIPLE PORTFOLIO COUNSELOR SYSTEM
Capital Research and Management Company uses a system of multiple portfolio
counselors in managing mutual fund assets. Under this approach, the portfolio of
a fund is divided into segments managed by individual counselors. Counselors
decide how their respective segments will be invested. In addition, Capital
Research and Management Company's investment analysts may make investment
decisions with respect to a portion of a fund's portfolio. Investment decisions
are subject to a fund's objective(s), policies and restrictions and the
oversight of Capital Research and Management Company's investment committee.

EuroPacific Growth Fund / Prospectus
<PAGE>

The primary individual portfolio counselors for EuroPacific Growth Fund are:

PRIMARY TITLE WITH PORTFOLIO
PORTFOLIO INVESTMENT ADVISER COUNSELOR'S
PORTFOLIO COUNSELOR/ COUNSELOR (OR AFFILIATE) ROLE IN
FUND TITLE EXPERIENCE AND INVESTMENT MANAGEMENT
(IF APPLICABLE) IN THIS FUND EXPERIENCE OF THE FUND
---------------------------------------------------------------------------------------------------

MARK E. DENNING 15 years Director, Capital Research Serves as an equity
President and Trustee (plus 3 years of and Management Company portfolio counselor
prior experience
as an Investment professional
investment analyst for 24 years, all with
for the fund) Capital Research and
Management Company or
affiliate

---------------------------------------------------------------------------------------------------
STEPHEN E. BEPLER 22 years Senior Vice President, Serves as an equity
Executive Vice President (since the fund's Capital Research Company portfolio counselor
inception)
Investment professional
for 40 years in total; 34
years with Capital
Research and Management
Company or affiliate

---------------------------------------------------------------------------------------------------
ROBERT W. LOVELACE 12 years Senior Vice President, Serves as an equity
Senior Vice President (plus 7 years of Capital Research and portfolio counselor
prior experience Management Company
as an
investment analyst Investment professional
for the fund) for 21 years, all with
Capital Research and
Management Company or
affiliate
---------------------------------------------------------------------------------------------------
NICHOLAS J. GRACE 4 years Senior Vice President, Serves as an equity
Vice President (plus 8 years of Capital Research Company portfolio counselor
prior experience
as an Investment professional
investment analyst for 16 years in total; 12
for the fund) years with Capital
Research and Management
Company or affiliate

---------------------------------------------------------------------------------------------------
ALWYN W. HEONG 10 years Senior Vice President and Serves as an equity
Vice President (plus 3 years of Director, Capital Research portfolio counselor
prior experience Company
as an
investment analyst Investment professional
for the fund) for 18 years in total; 14
years with Capital
Research and Management
Company or affiliate
---------------------------------------------------------------------------------------------------
CARL M. KAWAJA 5 years Senior Vice President, Serves as an equity
Vice President (plus 8 years of Capital Research Company portfolio counselor
prior experience
as an Investment professional
investment analyst for 18 years in total; 15
for the fund) years with Capital
Research and Management
Company or affiliate
---------------------------------------------------------------------------------------------------
SUNG LEE 4 years Executive Vice President Serves as an equity
Vice President (plus 6 years of and Director, Capital portfolio counselor
prior experience Research Company
as an
investment analyst Investment professional
for the fund) for 12 years, all with
Capital Research and
Management Company or
affiliate
---------------------------------------------------------------------------------------------------
TIMOTHY P. DUNN 5 years Vice President, Capital Serves as an equity
(plus 4 years of Research and Management portfolio counselor
prior experience Company
as an
investment analyst Investment professional
for the fund) for 20 years in total; 16
years with Capital
Research and Management
Company or affiliate
---------------------------------------------------------------------------------------------------

12
EuroPacific Growth Fund / Prospectus

<PAGE>

Information regarding the portfolio counselors' compensation, their ownership of
securities in the fund and other accounts they manage can be found in the
statement of additional information.

13
EuroPacific Growth Fund / Prospectus
<PAGE>

Shareholder information

SHAREHOLDER SERVICES

American Funds Service Company, the fund's transfer agent, offers a wide range
of services that you can use to alter your investment program should your needs
and circumstances change. These services may be terminated or modified at any
time upon 60 days' written notice. For your convenience, American Funds Service
Company has four service centers across the country.

AMERICAN FUNDS SERVICE COMPANY SERVICE AREAS
Call toll-Free from anywhere in the United States
(8 a.m. to 8 p.m. ET): 800/421-0180
Access the American Funds website : americanfunds.com

[map of the United States]

Western Western Central Eastern Central Eastern
service center service center service center service center
American Funds American Funds American Funds American Funds
Service Company Service Company Service Company Service Company
P.O. Box 25065 P.O. Box 659522 P.O. Box 6007 P.O. Box 2280
Santa Ana, San Antonio, Texas Indianapolis, Indiana Norfolk, Virginia
California 78265-9522 46206-6007 23501-2280
92799-5065 Fax: 210/474-4352 Fax: 317/735-6636 Fax: 757/670-4761
Fax: 714/671-7133

A MORE DETAILED DESCRIPTION OF POLICIES AND SERVICES IS INCLUDED IN THE FUND'S
STATEMENT OF ADDITIONAL INFORMATION AND THE OWNER'S GUIDE SENT TO NEW AMERICAN
FUNDS SHAREHOLDERS ENTITLED WELCOME. CLASS 529 SHAREHOLDERS SHOULD ALSO REFER TO
THE APPLICABLE PROGRAM DESCRIPTION FOR INFORMATION ON POLICIES AND SERVICES
SPECIFICALLY RELATING TO THEIR ACCOUNT(S). These documents are available by
writing or calling American Funds Service Company. Certain privileges and/or
services described on the following pages of this prospectus and in the
statement of additional information may not be available to you depending on
your investment dealer. Please see your financial adviser or investment dealer
for more information.

14
EuroPacific Growth Fund / Prospectus

<PAGE>

Choosing a share class

The fund offers different classes of shares through this prospectus. Class A, B,
C and F shares may be purchased through various investment programs or accounts,
including certain types of retirement plans (see limitations below). The
services or share classes available to you may vary depending upon how you wish
to purchase shares of the fund.
Investors residing in any state may purchase Class 529-A, 529-B, 529-C, 529-E
and 529-F shares through an account established with a 529 college savings plan
managed by the American Funds organization. Class 529-A, 529-B, 529-C and 529-F
shares are structured similarly to the corresponding Class A, B, C and F shares.
For example, the same initial sales charges apply to Class 529-A shares as to
Class A shares. Class 529-E shares are available only to investors participating
through an eligible employer plan.

Each share class represents investment in the same portfolio of securities, but
each class has its own sales charge and expense structure, allowing you to
choose the class that best fits your situation. WHEN YOU PURCHASE SHARES OF THE
FUND, YOU MUST CHOOSE A SHARE CLASS. IF NONE IS CHOSEN, YOUR INVESTMENT WILL BE
MADE IN CLASS A SHARES OR, IN THE CASE OF A 529 PLAN INVESTMENT, CLASS 529-A
SHARES.

Factors you should consider in choosing a class of shares include:

. how long you expect to own the shares;

. how much you intend to invest;

. total expenses associated with owning shares of each class;

. whether you qualify for any reduction or waiver of sales charges (for
example, Class A or 529-A shares may be a less expensive option over time,
particularly if you qualify for a sales charge reduction or waiver);

. whether you plan to take any distributions in the near future (for example,
the contingent deferred sales charge will not be waived if you sell your Class
529-B or 529-C shares to cover higher education expenses);

. availability of share classes:

-- Class B and C shares are not available to retirement plans that do not
currently invest in such shares and are eligible to invest in Class R shares,
including employer-sponsored retirement plans such as defined benefit plans,
401(k) plans, 457 plans, employer-sponsored 403(b) plans, and money purchase
pension and profit-sharing plans; and

-- Class F and 529-F shares are generally available only to fee-based programs
of investment dealers that have special agreements with the fund's
distributor and to certain registered investment advisers.

EACH INVESTOR'S FINANCIAL CONSIDERATIONS ARE DIFFERENT. YOU SHOULD SPEAK WITH
YOUR FINANCIAL ADVISER TO HELP YOU DECIDE WHICH SHARE CLASS IS BEST FOR YOU.

UNLESS OTHERWISE NOTED, REFERENCES IN THE FOLLOWING PAGES TO CLASS A, B, C OR F
SHARES ALSO REFER TO THE CORRESPONDING CLASS 529-A, 529-B, 529-C OR 529-F
SHARES.

15
EuroPacific Growth Fund / Prospectus
<PAGE>

SUMMARY OF THE PRIMARY DIFFERENCES AMONG SHARE CLASSES
CLASS A SHARES

Initial sales charge up to 5.75% (reduced for purchases of $25,000 or more
and eliminated for purchases of $1 million or more)
Contingent deferred none (except that a charge of 1.00% applies to certain
sales charge redemptions made within one year following purchases
of $1 million or more without an initial sales charge)
12b-1 fees up to .25% annually (for 529-A shares, may not exceed
.50% annually)
Dividends generally higher than other classes due to lower
annual expenses
Purchase maximum none
Conversion none
CLASS B SHARES
Initial sales charge none
Contingent deferred starts at 5.00%, declining to 0% six years after
sales charge purchase
12b-1 fees up to 1.00% annually
Dividends generally lower than A and F shares due to higher
12b-1 fees and other expenses, but higher than C
shares due to lower other expenses
Purchase maximum see the discussion regarding purchase minimums and
maximums in "Purchase and exchange of shares"
Conversion automatic conversion to A or 529-A shares after eight
years, reducing future annual expenses
CLASS C SHARES
Initial sales charge none
Contingent deferred 1.00% if shares are sold within one year after
sales charge purchase
12b-1 fees up to 1.00% annually
Dividends generally lower than other classes due to higher 12b-1
fees and other expenses
Purchase maximum see the discussion regarding purchase minimums and
maximums in "Purchase and exchange of shares"
Conversion automatic conversion to F shares after 10 years,
reducing future annual expenses (529-C shares will not
convert to 529-F shares)
CLASS 529-E SHARES
Initial sales charge none
Contingent deferred none
sales charge
12b-1 fees currently up to .50% annually (may not exceed .75%
annually)
Dividends generally higher than 529-B and 529-C shares due to
lower 12b-1 fees, but lower than 529-A and 529-F
shares due to higher 12b-1 fees
Purchase maximum none
Conversion none
CLASS F SHARES
Initial sales charge none
Contingent deferred none
sales charge
12b-1 fees currently up to .25% annually (may not exceed .50%
annually)
Dividends generally higher than B and C shares due to lower
12b-1 fees, but lower than A shares due to higher
other expenses
Purchase maximum none
Conversion none

16
EuroPacific Growth Fund / Prospectus

<PAGE>

Purchase and exchange of shares
THE FUND'S TRANSFER AGENT, ON BEHALF OF THE FUND AND AMERICAN FUNDS
DISTRIBUTORS, THE FUND'S DISTRIBUTOR, IS REQUIRED BY LAW TO OBTAIN CERTAIN
PERSONAL INFORMATION FROM YOU OR ANY OTHER PERSON(S) ACTING ON YOUR BEHALF IN
ORDER TO VERIFY YOUR OR SUCH PERSON'S IDENTITY. IF YOU DO NOT PROVIDE THE
INFORMATION, THE TRANSFER AGENT MAY NOT BE ABLE TO OPEN YOUR ACCOUNT. IF THE
TRANSFER AGENT IS UNABLE TO VERIFY YOUR IDENTITY OR THAT OF ANY OTHER PERSON(S)
AUTHORIZED TO ACT ON YOUR BEHALF, OR BELIEVES IT HAS IDENTIFIED POTENTIALLY
CRIMINAL ACTIVITY, THE FUND AND AMERICAN FUNDS DISTRIBUTORS RESERVE THE RIGHT TO
CLOSE YOUR ACCOUNT OR TAKE SUCH OTHER ACTION THEY DEEM REASONABLE OR REQUIRED BY
LAW.

PURCHASE OF CLASS A, B AND C SHARES

You may generally open an account and purchase Class A, B and C shares by
contacting any financial adviser (who may impose transaction charges in addition
to those described in this prospectus) authorized to sell the fund's shares. You
may purchase additional shares in various ways, including through your financial
adviser and by mail, telephone, the Internet and bank wire.

PURCHASE OF CLASS F SHARES

You may generally open an account and purchase Class F shares only through
fee-based programs of investment dealers that have special agreements with the
fund's distributor and through certain registered investment advisers. These
dealers and advisers typically charge ongoing fees for services they provide.

PURCHASE OF CLASS 529 SHARES
Class 529 shares may be purchased only through an account established with a 529
college savings plan managed by the American Funds organization. You may open
this type of account and purchase 529 shares by contacting any financial adviser
(who may impose transaction charges in addition to those described in this
prospectus) authorized to sell such an account. You may purchase additional
shares in various ways, including through your financial adviser and by mail,
telephone, the Internet and bank wire.

Class 529-E shares may be purchased only by employees participating through an
eligible employer plan.

17
EuroPacific Growth Fund / Prospectus
<PAGE>

EXCHANGE
Generally, you may exchange your shares into shares of the same class of other
American Funds without a sales charge. Class A, C or F shares may generally be
exchanged into the corresponding 529 share class without a sales charge. Class B
shares may not be exchanged into Class 529-B shares. EXCHANGES FROM CLASS A, C
OR F SHARES TO THE CORRESPONDING 529 SHARE CLASS, PARTICULARLY IN THE CASE OF
UNIFORM GIFTS TO MINORS ACT OR UNIFORM TRANSFER TO MINORS ACT CUSTODIAL
ACCOUNTS, MAY RESULT IN SIGNIFICANT LEGAL AND TAX CONSEQUENCES AS DESCRIBED IN
THE APPLICABLE PROGRAM DESCRIPTION. PLEASE CONSULT YOUR FINANCIAL ADVISER BEFORE
MAKING SUCH AN EXCHANGE.

Exchanges of shares from American Funds money market funds initially purchased
without a sales charge generally will be subject to the appropriate sales
charge. For purposes of computing the contingent deferred sales charge on Class
B and C shares, the length of time you have owned your shares will be measured
from the date of original purchase and will not be affected by any permitted
exchange.

Exchanges have the same tax consequences as ordinary sales and purchases. For
example, to the extent you exchange shares held in a taxable account that are
worth more now than what you paid for them, the gain will be subject to
taxation. See "Transactions by telephone, fax or the Internet" for information
regarding electronic exchanges.

FREQUENT TRADING OF FUND SHARES
The fund and American Funds Distributors reserve the right to reject any
purchase order for any reason. The fund is not designed to serve as a vehicle
for frequent trading in response to short-term fluctuations in the securities
markets. Accordingly, purchases, including those that are part of exchange
activity, that the fund or American Funds Distributors has determined could
involve actual or potential harm to the fund may be rejected. Frequent trading
of fund shares may lead to increased costs to the fund and less efficient
management of the fund's portfolio, resulting in dilution of the value of the
shares held by long-term shareholders.

The fund's board of trustees has adopted policies and procedures with respect to
frequent purchases and redemptions of fund shares. Under the fund's "purchase
blocking policy," any shareholder redeeming shares (including redemptions that
are part of an exchange transaction) having a value of $5,000 or more from the
fund will be precluded from investing in the fund (including investments that
are part of an exchange transaction) for 30 calendar days after the redemption
transaction. This prohibition will not apply to redemptions by shareholders
whose shares are held on the books of third-party intermediaries that have not
adopted procedures to implement this policy. American Funds Service Company will
work with intermediaries to develop such procedures or other procedures that
American Funds Service Company determines are reasonably designed to achieve the
objective of the purchase blocking policy. At the time the intermediaries adopt
these procedures, shareholders whose accounts are on the books of such
intermediaries

18
EuroPacific Growth Fund / Prospectus

<PAGE>

will be subject to this purchase blocking policy or another frequent trading
policy that achieves the objective of the purchase blocking policy. There is no
guarantee that all instances of frequent trading in fund shares will be
prevented.

Under the fund's purchase blocking policy, certain purchases will not be
prevented and certain redemptions will not trigger a purchase block, such as:
systematic redemptions and purchases where the entity maintaining the
shareholder account is able to identify the transaction as a systematic
redemption or purchase; purchases and redemptions of shares having a value of
less than $5,000; retirement plan contributions, loans and distributions
(including hardship withdrawals) identified as such on the retirement plan
recordkeeper's system; and purchase transactions involving transfers of assets,
rollovers, Roth IRA conversions and IRA recharacterizations, where the entity
maintaining the shareholder account is able to identify the transaction as one
of these types of transactions. The statement of additional information contains
more information about how American Funds Service Company may address other
potentially abusive trading activity in the American Funds.

PURCHASE MINIMUMS AND MAXIMUMS

PURCHASE MINIMUMS FOR ALL CLASSES OF SHARES/1/
-------------------------------------------------------------------------------

To establish an account (including retirement plan and 529 $ 250/2/
accounts)
For a payroll deduction retirement plan account, payroll
deduction 25
savings plan account or employer-sponsored 529 account
To add to an account 50
For a payroll deduction retirement plan account, payroll 25
deduction
savings plan account or employer-sponsored 529 account
--------------------------------------------------------------------------------
PURCHASE MAXIMUM PER TRANSACTION FOR CLASS B SHARES 50,000
--------------------------------------------------------------------------------
PURCHASE MAXIMUM PER TRANSACTION FOR CLASS C SHARES 500,000

1 Purchase minimums may be waived in certain cases. Please see the statement of
additional information for details.
2 For accounts established with an automatic investment plan, the initial
purchase minimum of $250 may be waived if the purchases (including purchases
through exchanges from another fund) made under the plan are sufficient to
reach $250 within five months of account establishment.

The effective purchase maximums for Class 529-A, 529-C, 529-E and 529-F shares
will reflect the maximum applicable contribution limits under state law. See the
applicable program description for more information.

If you have significant American Funds or American Legacy/(R)/ holdings, you may
not be eligible to invest in Class B or C shares (or their corresponding 529
share classes). Specifically, you may not purchase Class B or 529-B shares if
you are eligible to purchase Class A or 529-A shares at the $100,000 or higher
sales charge discount rate, and you may not purchase Class C or 529-C shares if
you are eligible to purchase Class A or 529-A shares at the $1 million or more
sales charge discount rate (i.e., at net asset value). See "Sales charge
reductions and waivers" below and the statement of additional information for
more information regarding sales charge discounts.

19
EuroPacific Growth Fund / Prospectus
<PAGE>

VALUING SHARES
The net asset value of each share class of the fund is the value of a single
share. The fund calculates the net asset value each day the New York Stock
Exchange is open for trading as of approximately 4:00 p.m. New York time, the
normal close of regular trading. Assets are valued primarily on the basis of
market quotations. However, the fund has adopted procedures for making "fair
value" determinations if market quotations are not readily available or are not
considered reliable. For example, if events occur between the close of markets
outside the United States and the close of regular trading on the New York Stock
Exchange that, in the opinion of the investment adviser, materially affect the
value of the fund's securities that principally trade in those international
markets, the securities will be valued in accordance with fair value procedures.
Use of these procedures is intended to result in more appropriate net asset
values. In addition, such use will reduce, if not eliminate, potential arbitrage
opportunities otherwise available to short-term investors.

Because the fund may hold securities that are primarily listed on foreign
exchanges that trade on weekends or days when the fund does not price its
shares, the value of securities held in the fund may change on days when you
will not be able to purchase or redeem fund shares.

Your shares will be purchased at the net asset value (plus any applicable sales
charge in the case of Class A shares) or sold at the net asset value next
determined after American Funds Service Company receives and accepts your
request. A contingent deferred sales charge may apply at the time you sell
certain Class A, B and C shares.
MOVING BETWEEN SHARE CLASSES

Please see the statement of additional information for details and limitations
on moving investments in certain share classes to different share classes.

20
EuroPacific Growth Fund / Prospectus

<PAGE>

Sales charges

CLASS A SHARES

The initial sales charge you pay each time you buy Class A shares differs
depending upon the amount you invest and may be reduced or eliminated for larger
purchases as indicated below. The "offering price," the price you pay to buy
shares, includes any applicable sales charge, which will be deducted directly
from your investment. Shares acquired through reinvestment of dividends or
capital gain distributions are not subject to an initial sales charge.

SALES CHARGE AS A
PERCENTAGE OF:
DEALER
NET COMMISSION
OFFERING AMOUNT AS A PERCENTAGE
INVESTMENT PRICE INVESTED OF OFFERING PRICE
------------------------------------------------------------------------------

Less than $25,000 5.75% 6.10% 5.00%
------------------------------------------------------------------------------
$25,000 but less than $50,000 5.00 5.26 4.25
------------------------------------------------------------------------------
$50,000 but less than $100,000 4.50 4.71 3.75
------------------------------------------------------------------------------
$100,000 but less than $250,000 3.50 3.63 2.75
------------------------------------------------------------------------------
$250,000 but less than $500,000 2.50 2.56 2.00
------------------------------------------------------------------------------
$500,000 but less than $750,000 2.00 2.04 1.60
------------------------------------------------------------------------------
$750,000 but less than $1 million 1.50 1.52 1.20
------------------------------------------------------------------------------
$1 million or more and certain other none none see below
investments described below
------------------------------------------------------------------------------

The sales charge, expressed as a percentage of the offering price or the net
amount invested, may be higher or lower than the percentages described in the
table above due to rounding. This is because the dollar amount of the sales
charge is determined by subtracting the net asset value of the shares purchased
from the offering price, which is calculated to two decimal places using
standard rounding criteria. The impact of rounding will vary with the size of
the investment and the net asset value of the shares. Similarly, any contingent
deferred sales charge paid by you on investments in Class A shares may be higher
or lower than the 1% charge described below due to rounding.

EXCEPT AS PROVIDED BELOW, INVESTMENTS IN CLASS A SHARES OF $1 MILLION OR MORE
MAY BE SUBJECT TO A 1% CONTINGENT DEFERRED SALES CHARGE IF THE SHARES ARE SOLD
WITHIN ONE YEAR OF PURCHASE. The contingent deferred sales charge is based on
the original purchase cost or the current market value of the shares being sold,
whichever is less.

21
EuroPacific Growth Fund / Prospectus
<PAGE>

CLASS A PURCHASES NOT SUBJECT TO SALES CHARGES

The following investments are not subject to any initial or contingent deferred
sales charge if American Funds Service Company is properly notified of the
nature of the investment:

. investments in Class A shares made by endowments or foundations with $50
million or more in assets;

. investments made by accounts that are part of certain qualified fee-based
programs and that purchased Class A shares before March 15, 2001; and

. certain rollover investments from retirement plans to IRAs (see "Rollovers
from retirement plans to IRAs" below for more information).

The distributor may pay dealers up to 1% on investments made in Class A shares
with no initial sales charge. The fund may reimburse the distributor for these
payments through its plans of distribution (see "Plans of distribution" below).
Transfers from certain 529 plans to plans managed by the American Funds
organization will be made with no sales charge. No commission will be paid to
the dealer on such a transfer. Please see the statement of additional
information for more information.

Certain other investors may qualify to purchase shares without a sales charge,
such as employees of investment dealers and registered investment advisers
authorized to sell American Funds, and employees of The Capital Group Companies.
Please see the statement of additional information for more information.

EMPLOYER-SPONSORED RETIREMENT PLANS

Employer-sponsored retirement plans not currently invested in Class A shares
and wishing to invest without a sales charge are not eligible to purchase Class
A shares. Such plans may invest only in Class R shares, which are described in
more detail in the fund's retirement plan prospectus.

Provided that the plan's recordkeeper can properly apply a sales charge on the
plan's investments, an employer-sponsored retirement plan not currently
invested in Class A shares and wishing to invest less than $1 million may
invest in Class A shares, but the purchase of these shares will be subject to
the applicable sales charge. An employer-sponsored retirement plan that
purchases Class A shares with a sales charge will be eligible to purchase
additional Class A shares in accordance with the sales charge table above. If
the recordkeeper cannot properly apply a sales charge on the plan's
investments, then the plan may invest only in Class R shares.
Employer-sponsored retirement plans not currently invested in Class A shares,
or that are currently investing in Class A shares with a sales charge, are not
eligible to establish a statement of intention that qualifies them to purchase
Class A shares without a sales charge. More information about statements of
intention can be found under "Sales charge reductions and waivers."

22
EuroPacific Growth Fund / Prospectus

<PAGE>

Employer-sponsored retirement plans that invested in Class A shares without any
sales charge on or before March 31, 2004, and that continue to meet the
eligibility requirements in effect as of that date for purchasing Class A
shares at net asset value, may continue to purchase Class A shares without any
initial or contingent deferred sales charge.

CLASS B AND C SHARES

Class B and C shares are sold without any initial sales charge. American Funds
Distributors pays 4% of the amount invested to dealers who sell Class B shares
and 1% to dealers who sell Class C shares.

For Class B shares, a contingent deferred sales charge may be applied to shares
you sell within six years of purchase, as shown in the table below.

CONTINGENT DEFERRED SALES CHARGE ON CLASS B SHARES

YEAR OF REDEMPTION: 1 2 3 4 5 6 7+
----------------------------------------------------------------------
CONTINGENT DEFERRED SALES CHARGE: 5% 4% 4% 3% 2% 1% 0%

For Class C shares, a contingent deferred sales charge of 1% applies if shares
are sold within one year of purchase.

Any contingent deferred sales charge paid by you on investments in Class B or C
shares, expressed as a percentage of the applicable redemption amount, may be
higher or lower than the percentages described above due to rounding.

Shares acquired through reinvestment of dividends or capital gain distributions
are not subject to a contingent deferred sales charge. In addition, the
contingent deferred sales charge may be waived in certain circumstances. See
"Contingent deferred sales charge waivers" below. The contingent deferred sales
charge is based on the original purchase cost or the current market value of the
shares being sold, whichever is less. For purposes of determining the contingent
deferred sales charge, if you sell only some of your shares, shares that are not
subject to any contingent deferred sales charge will be sold first, followed by
shares that you have owned the longest.

See "Plans of distribution" below for ongoing compensation paid to your dealer
or financial adviser for all share classes.

23
EuroPacific Growth Fund / Prospectus
<PAGE>

AUTOMATIC CONVERSION OF CLASS B AND C SHARES

Class B shares automatically convert to Class A shares in the month of the
eight-year anniversary of the purchase date. Class C shares automatically
convert to Class F shares in the month of the 10-year anniversary of the
purchase date; however, Class 529-C shares will not convert to Class 529-F
shares. The Internal Revenue Service currently takes the position that these
automatic conversions are not taxable. Should its position change, the automatic
conversion feature may be suspended. If this happens, you would have the option
of converting your Class B, 529-B or C shares to the respective share classes at
the anniversary dates described above. This exchange would be based on the
relative net asset values of the two classes in question, without the imposition
of a sales charge or fee, but you might face certain tax consequences as a
result.

CLASS 529-E AND CLASS F SHARES

Class 529-E and Class F shares are sold without any initial or contingent
deferred sales charge.

Sales charge reductions and waivers

TO RECEIVE A REDUCTION IN YOUR CLASS A INITIAL SALES CHARGE, YOU MUST LET YOUR
FINANCIAL ADVISER OR AMERICAN FUNDS SERVICE COMPANY KNOW AT THE TIME YOU
PURCHASE SHARES THAT YOU QUALIFY FOR SUCH A REDUCTION. IF YOU DO NOT LET YOUR
ADVISER OR AMERICAN FUNDS SERVICE COMPANY KNOW THAT YOU ARE ELIGIBLE FOR A
REDUCTION, YOU MAY NOT RECEIVE A SALES CHARGE DISCOUNT TO WHICH YOU ARE
OTHERWISE ENTITLED. In order to determine your eligibility to receive a sales
charge discount, it may be necessary for you to provide your adviser or American
Funds Service Company with information and records (including account
statements) of all relevant accounts invested in the American Funds. To have
your Class A, B or C contingent deferred sales charge waived, you must let your
adviser or American Funds Service Company know at the time you redeem shares
that you qualify for such a waiver.
IN ADDITION TO THE INFORMATION BELOW, YOU MAY OBTAIN MORE INFORMATION ABOUT
SALES CHARGE REDUCTIONS AND WAIVERS THROUGH A LINK ON THE HOME PAGE OF THE
AMERICAN FUNDS WEBSITE AT AMERICANFUNDS.COM, FROM THE STATEMENT OF ADDITIONAL
INFORMATION OR FROM YOUR FINANCIAL ADVISER.

REDUCING YOUR CLASS A INITIAL SALES CHARGE

Consistent with the policies described in this prospectus, you and your
"immediate family" (your spouse -- or equivalent if recognized under local law
-- and your children under the age of 21) may combine all of your American Funds
and American Legacy investments to reduce your Class A sales charge. However,
for this purpose, investments representing direct purchases of American Funds
money market funds are excluded.

24
EuroPacific Growth Fund / Prospectus

<PAGE>

AGGREGATING ACCOUNTS

To receive a reduced Class A sales charge, investments made by you and your
immediate family (see above) may be aggregated if made for your own account(s)
and/or certain other accounts, such as:
. trust accounts established by the above individuals (please see the statement
of additional information for details regarding aggregation of trust accounts
where the person(s) who established the trust is (are) deceased);

. solely controlled business accounts; and

. single-participant retirement plans.

CONCURRENT PURCHASES

You may combine simultaneous purchases (including, upon your request, purchases
for gifts) of any class of shares of two or more American Funds, as well as
individual holdings in various American Legacy variable annuity contracts and
variable life insurance policies, to qualify for a reduced Class A sales
charge.

RIGHTS OF ACCUMULATION
You may take into account your accumulated holdings in all share classes of the
American Funds to determine the initial sales charge you pay on each purchase
of Class A shares. Subject to your investment dealer's capabilities, your
accumulated holdings will be calculated as the higher of (a) the current value
of your existing holdings or (b) the amount you invested (excluding capital
appreciation) less any withdrawals. Please see the statement of additional
information for details. You should retain any records necessary to
substantiate the historical amounts you have invested.

In addition, you may also take into account the current value of your
individual holdings in various American Legacy variable annuity contracts and
variable life insurance policies to determine your Class A sales charge. If you
make a gift of shares, upon your request, you may purchase the shares at the
sales charge discount allowed under rights of accumulation of all of your
American Funds and American Legacy accounts.

25
EuroPacific Growth Fund / Prospectus
<PAGE>

STATEMENT OF INTENTION
You may reduce your Class A sales charge by establishing a statement of
intention. A statement of intention allows you to combine all American Funds
non-money market fund purchases of all share classes you intend to make over a
13-month period, as well as individual holdings in various American Legacy
variable annuity contracts and variable life insurance policies, to determine
the applicable sales charge; however, investments made under a right of
reinvestment, appreciation of your investment, and reinvested dividends and
capital gains do not apply toward these combined purchases. At your request,
purchases made during the previous 90 days may be included. A portion of your
account may be held in escrow to cover additional Class A sales charges that
may be due if your total investments over the 13-month period do not qualify
for the applicable sales charge reduction. Employer-sponsored retirement plans
may be restricted from establishing statements of intention. See "Sales
charges" above for more information.

RIGHT OF REINVESTMENT

Please see "How to sell shares" below for information on how to reinvest
proceeds from a redemption, dividend payment or capital gain distribution
without a sales charge.

CONTINGENT DEFERRED SALES CHARGE WAIVERS

The contingent deferred sales charge on Class A, B and C shares may be waived in
the following cases:

. permitted exchanges of shares, except if shares acquired by exchange are then
redeemed within the period during which a contingent deferred sales charge
would apply to the initial shares purchased;

. tax-free returns of excess contributions to IRAs;

. redemptions due to death or postpurchase disability of the shareholder (this
generally excludes accounts registered in the names of trusts and other
entities);

. for 529 share classes only, redemptions due to a beneficiary's death,
postpurchase disability or receipt of a scholarship (to the extent of the
scholarship award);

. redemptions due to the complete termination of a trust upon the death of the
trustor/ grantor or beneficiary, but only if such termination is specifically
provided for in the trust document;

. the following types of transactions, if together they do not exceed 12% of the
value of an account annually (see the statement of additional information for
more information about waivers regarding these types of transactions):

-- redemptions due to receiving required minimum distributions from retirement
accounts upon reaching age 70 1/2 (required minimum distributions that
continue to be taken by the beneficiary(ies) after the account owner is
deceased also qualify for a waiver); and
-- if you have established a systematic withdrawal plan, redemptions through
such a plan (including any dividends and/or capital gain distributions taken
in cash).

26
EuroPacific Growth Fund / Prospectus

<PAGE>

Rollovers from retirement plans to IRAs
Assets from retirement plans may be invested in Class A, B, C or F shares
through an IRA rollover. Rollovers invested in Class A shares from retirement
plans will be subject to applicable sales charges. The following rollovers to
Class A shares will be made without a sales charge:

. rollovers to IRAs from 403(b) plans with Capital Bank and Trust Company as
custodian; and
. rollovers to IRAs that are attributable to American Funds investments, if they
meet all of the following three requirements:

-- the retirement plan from which assets are being rolled over is part of an
American Funds proprietary retirement plan program (such as PlanPremier,/(R)/
Recordkeeper Direct/(R)/ or Recordkeeper Connect/(R)/) or is a plan whose
participant subaccounts are serviced by American Funds Service Company;

-- the plan's assets were invested in American Funds at the time of
distribution; and

-- the plan's assets are rolled over to an American Funds IRA with Capital Bank
and Trust Company as custodian.
IRA rollover assets that roll over without a sales charge as described above
will not be subject to a contingent deferred sales charge and investment dealers
will be compensated solely with an annual service fee that begins to accrue
immediately. IRA rollover assets that are not attributable to American Funds
investments, as well as future contributions to the IRA, will be subject to
sales charges and the terms and conditions generally applicable to Class A share
investments as described in the prospectus and statement of additional
information if invested in Class A shares.

TRANSFERS TO IRAS

Transfers to IRAs that are attributable to American Funds investments held in
SIMPLE IRAs, SEPs or SARSEPs will not be subject to a sales charge if invested
in Class A shares.

27
EuroPacific Growth Fund / Prospectus
<PAGE>

Plans of distribution
The fund has plans of distribution or "12b-1 plans" under which it may finance
activities primarily intended to sell shares, provided the categories of
expenses are approved in advance by the fund's board of trustees. The plans
provide for payments, based on annualized percentages of average daily net
assets, of up to .25% for Class A shares; up to .50% for Class 529-A shares; up
to 1.00% for Class B, 529-B, C and 529-C shares; up to .75% for Class 529-E
shares; and up to .50% for Class F and 529-F shares. For all share classes, up
to .25% of these expenses may be used to pay service fees to qualified dealers
for providing certain shareholder services. The amount remaining for each share
class may be used for distribution expenses.

The 12b-1 fees paid by the fund, as a percentage of average net assets, for the
previous fiscal year are indicated in the Annual Fund Operating Expenses table
under "Fees and expenses of the fund." Since these fees are paid out of the
fund's assets or income on an ongoing basis, over time they will increase the
cost and reduce the return of your investment. The higher fees for Class B and C
shares may cost you more over time than paying the initial sales charge for
Class A shares.

Other compensation to dealers
American Funds Distributors, at its expense, currently provides additional
compensation to investment dealers. These payments may be made, at the
discretion of American Funds Distributors, to the top 75 dealers who have sold
shares of the American Funds. The level of payments made to a qualifying dealer
in any given year will vary and in no case would exceed the sum of (a) .10% of
the previous year's American Funds sales by that dealer and (b) .02% of American
Funds assets attributable to that dealer. For calendar year 2005, aggregate
payments made by American Funds Distributors to dealers were less than .02% of
the assets of the American Funds. Aggregate payments may also change from year
to year. A number of factors will be considered in determining payments,
including the qualifying dealer's sales, assets and redemption rates, and the
quality of the dealer's relationship with American Funds Distributors. American
Funds Distributors makes these payments to help defray the costs incurred by
qualifying dealers in connection with efforts to educate financial advisers
about the American Funds so that they can make recommendations and provide
services that are suitable and meet shareholder needs. American Funds
Distributors will, on an annual basis, determine the advisability of continuing
these payments. American Funds Distributors may also pay expenses associated
with meetings conducted by dealers outside the top 75 firms to facilitate
educating financial advisers and shareholders about the American Funds.

28
EuroPacific Growth Fund / Prospectus

<PAGE>

How to sell shares

You may sell (redeem) shares in any of the following ways:

THROUGH YOUR DEALER OR FINANCIAL ADVISER (CERTAIN CHARGES MAY APPLY)

. Shares held for you in your dealer's name must be sold through the dealer.

. Class F shares must be sold through your dealer or financial adviser.

WRITING TO AMERICAN FUNDS SERVICE COMPANY

. Requests must be signed by the registered shareholder(s).

. A signature guarantee is required if the redemption is:

-- over $75,000;

-- made payable to someone other than the registered shareholder(s); or
-- sent to an address other than the address of record, or to an address of
record that has been changed within the last 10 days.

. American Funds Service Company reserves the right to require signature
guarantee(s) on any redemptions.

. Additional documentation may be required for sales of shares held in
corporate, partnership or fiduciary accounts.

TELEPHONING OR FAXING AMERICAN FUNDS SERVICE COMPANY OR USING THE INTERNET

. Redemptions by telephone, fax or the Internet (including American
FundsLine/(R)/ and americanfunds.com) are limited to $75,000 per American
Funds shareholder each day.

. Checks must be made payable to the registered shareholder.

. Checks must be mailed to an address of record that has been used with the
account for at least 10 days.

If you recently purchased shares and subsequently request a redemption of those
shares, you will receive proceeds from the redemption once a sufficient period
of time has passed to reasonably assure that checks or drafts (including
certified or cashier's checks) for the shares purchased have cleared (normally
15 calendar days).

29
EuroPacific Growth Fund / Prospectus
<PAGE>

If you notify American Funds Service Company, you may reinvest proceeds from a
redemption, dividend payment or capital gain distribution without a sales charge
in the same fund or other American Funds within 90 days after the date of the
redemption or distribution. Proceeds from a Class B share redemption made during
the contingent deferred sales charge period will be reinvested in Class A
shares. Proceeds from any other type of redemption and all dividend payments and
capital gain distributions will be reinvested in the same share class from which
the original redemption or distribution was made. Any contingent deferred sales
charge on Class A or C shares will be credited to your account. Redemption
proceeds of Class A shares representing direct purchases in American Funds money
market funds that are reinvested in non-money market American Funds will be
subject to a sales charge. Proceeds will be reinvested at the next calculated
net asset value after your request is received and accepted by American Funds
Service Company. You may not reinvest proceeds in the American Funds as
described in this paragraph if such proceeds are subject to a purchase block as
described under "Frequent trading of fund shares." This paragraph does not apply
to rollover investments as described under "Rollovers from retirement plans to
IRAs."

TRANSACTIONS BY TELEPHONE, FAX OR THE INTERNET

Generally, you are automatically eligible to use these services for redemptions
and exchanges unless you notify us in writing that you do not want any or all of
these services. You may reinstate these services at any time.

Unless you decide not to have telephone, fax or Internet services on your
account(s), you agree to hold the fund, American Funds Service Company, any of
its affiliates or mutual funds managed by such affiliates, and each of their
respective directors, trustees, officers, employees and agents harmless from any
losses, expenses, costs or liabilities (including attorney fees) that may be
incurred in connection with the exercise of these privileges, provided American
Funds Service Company employs reasonable procedures to confirm that the
instructions received from any person with appropriate account information are
genuine. If reasonable procedures are not employed, American Funds Service
Company and/or the fund may be liable for losses due to unauthorized or
fraudulent instructions.

30
EuroPacific Growth Fund / Prospectus

<PAGE>

Distributions and taxes

DIVIDENDS AND DISTRIBUTIONS

The fund intends to distribute dividends to you, usually in December.

Capital gains, if any, are usually distributed in December. When a dividend or
capital gain is distributed, the net asset value per share is reduced by the
amount of the payment.

You may elect to reinvest dividends and/or capital gain distributions to
purchase additional shares of this fund or other American Funds, or you may
elect to receive them in cash. Most shareholders do not elect to take capital
gain distributions in cash because these distributions reduce principal value.
Dividends and capital gain distributions for 529 share classes will be
automatically reinvested.

TAXES ON DIVIDENDS AND DISTRIBUTIONS

Dividends and capital gain distributions you receive from the fund will be
subject to federal income tax and may also be subject to state or local taxes --
unless you are exempt from taxation.
For federal tax purposes, dividends and distributions of short-term capital
gains are taxable as ordinary income. Some or all of your dividends may be
eligible for a reduced tax rate if you meet a holding period requirement. The
fund's distributions of net long-term capital gains are taxable as long-term
capital gains. Any dividends or capital gain distributions you receive from the
fund will normally be taxable to you when made, regardless of whether you
reinvest dividends or capital gain distributions or receive them in cash.

TAXES ON TRANSACTIONS
Your redemptions, including exchanges, may result in a capital gain or loss for
federal tax purposes. A capital gain or loss on your investment is the
difference between the cost of your shares, including any sales charges, and the
amount you receive when you sell them.

PLEASE SEE YOUR TAX ADVISER FOR MORE INFORMATION. HOLDERS OF 529 SHARES SHOULD
REFER TO THE APPLICABLE PROGRAM DESCRIPTION FOR MORE INFORMATION REGARDING THE
TAX CONSEQUENCES OF SELLING 529 SHARES.

31
EuroPacific Growth Fund / Prospectus
<PAGE>

Financial highlights/1/

The Financial Highlights table is intended to help you understand the fund's
results for the past five fiscal years. Certain information reflects financial
results for a single share of a particular class. The total returns in the table
represent the rate that an investor would have earned or lost on an investment
in the fund (assuming reinvestment of all dividends and capital gain
distributions). This information has been audited by Deloitte & Touche LLP,
whose report, along with the fund's financial statements, is included in the
statement of additional information, which is available upon request.

INCOME (LOSS) FROM INVESTMENT OPERATIONS/2/
Net
gains
(losses) on
securities
Net asset (both
value, Net realized Total from
beginning investment and investment
of period income unrealized) operations
----------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006 $35.63 $.62 $ 9.99 $10.61
Year ended 3/31/2005 32.26 .43 3.45 3.88
Year ended 3/31/2004 20.78 .29 11.50 11.79
Year ended 3/31/2003 27.23 .25 (6.46) (6.21)
Year ended 3/31/2002 28.72 .33 (1.16) (.83)
----------------------------------------------------------------------------------------------
CLASS B:
Year ended 3/31/2006 35.29 .32 9.88 10.20
Year ended 3/31/2005 32.00 .18 3.41 3.59
Year ended 3/31/2004 20.65 .08 11.41 11.49
Year ended 3/31/2003 27.09 .07 (6.43) (6.36)
Year ended 3/31/2002 28.56 .11 (1.14) (1.03)
----------------------------------------------------------------------------------------------
CLASS C:
Year ended 3/31/2006 35.04 .27 9.82 10.09
Year ended 3/31/2005 31.81 .14 3.40 3.54
Year ended 3/31/2004 20.58 .06 11.37 11.43
Year ended 3/31/2003 27.07 .05 (6.42) (6.37)
Year ended 3/31/2002 28.56 .06 (1.14) (1.08)
----------------------------------------------------------------------------------------------
CLASS F:
Year ended 3/31/2006 35.52 .59 9.97 10.56
Year ended 3/31/2005 32.18 .40 3.45 3.85
Year ended 3/31/2004 20.75 .27 11.48 11.75
Year ended 3/31/2003 27.23 .24 (6.46) (6.22)
Year ended 3/31/2002 28.72 .26 (1.11) (.85)
----------------------------------------------------------------------------------------------
CLASS 529-A:
Year ended 3/31/2006 35.49 .58 9.97 10.55
Year ended 3/31/2005 32.15 .39 3.46 3.85
Year ended 3/31/2004 20.74 .27 11.47 11.74
Year ended 3/31/2003 27.23 .23 (6.45) (6.22)
Period from 2/15/2002 to 3/31/2002 26.02 .11 1.10 1.21
----------------------------------------------------------------------------------------------
CLASS 529-B:
Year ended 3/31/2006 35.09 .25 9.82 10.07
Year ended 3/31/2005 31.86 .10 3.40 3.50
Year ended 3/31/2004 20.61 .02 11.38 11.40
Year ended 3/31/2003 27.21 .02 (6.43) (6.41)
Period from 2/19/2002 to 3/31/2002 25.54 .08 1.59 1.67
----------------------------------------------------------------------------------------------
CLASS 529-C:
Year ended 3/31/2006 35.08 .24 9.83 10.07
Year ended 3/31/2005 31.86 .10 3.40 3.50
Year ended 3/31/2004 20.61 .02 11.39 11.41
Year ended 3/31/2003 27.20 .02 (6.42) (6.40)
Period from 2/15/2002 to 3/31/2002 26.02 .09 1.09 1.18
----------------------------------------------------------------------------------------------
CLASS 529-E:
Year ended 3/31/2006 35.33 .45 9.91 10.36
Year ended 3/31/2005 32.04 .28 3.43 3.71
Year ended 3/31/2004 20.69 .17 11.44 11.61
Year ended 3/31/2003 27.23 .15 (6.44) (6.29)
Period from 3/7/2002 to 3/31/2002 27.39 .06 (.22) (.16)
----------------------------------------------------------------------------------------------
CLASS 529-F:
Year ended 3/31/2006 35.45 .64 9.96 10.60
Year ended 3/31/2005 32.13 .36 3.44 3.80
Year ended 3/31/2004 20.74 .24 11.48 11.72
Period from 9/16/2002 to 3/31/2003 22.67 .16 (1.83) (1.67)
----------------------------------------------------------------------------------------------

DIVIDENDS AND DISTRIBUTIONS

Dividends Total
(from net Distributions dividends Net asset
investment (from and value, end of Total
income) capital gains) distributions period return/3/
----------------------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006 $(.72) $(1.32) $(2.04) $44.20 30.25%
Year ended 3/31/2005 (.51) -- (.51) 35.63 12.08
Year ended 3/31/2004 (.31) -- (.31) 32.26 57.11
Year ended 3/31/2003 (.24) -- (.24) 20.78 (23.16)
Year ended 3/31/2002 (.66) -- (.66) 27.23 (2.63)
----------------------------------------------------------------------------------------------------------
CLASS B:
Year ended 3/31/2006 (.46) (1.32) (1.78) 43.71 29.32
Year ended 3/31/2005 (.30) -- (.30) 35.29 11.24
Year ended 3/31/2004 (.14) -- (.14) 32.00 55.95
Year ended 3/31/2003 (.08) -- (.08) 20.65 (23.79)
Year ended 3/31/2002 (.44) -- (.44) 27.09 (3.34)
----------------------------------------------------------------------------------------------------------
CLASS C:
Year ended 3/31/2006 (.46) (1.32) (1.78) 43.35 29.21
Year ended 3/31/2005 (.31) -- (.31) 35.04 11.16
Year ended 3/31/2004 (.20) -- (.20) 31.81 55.76
Year ended 3/31/2003 (.12) -- (.12) 20.58 (23.80)
Year ended 3/31/2002 (.41) -- (.41) 27.07 (3.53)
----------------------------------------------------------------------------------------------------------
CLASS F:
Year ended 3/31/2006 (.71) (1.32) (2.03) 44.05 30.22
Year ended 3/31/2005 (.51) -- (.51) 35.52 12.01
Year ended 3/31/2004 (.32) -- (.32) 32.18 57.02
Year ended 3/31/2003 (.26) -- (.26) 20.75 (23.21)
Year ended 3/31/2002 (.64) -- (.64) 27.23 (2.71)
----------------------------------------------------------------------------------------------------------
CLASS 529-A:
Year ended 3/31/2006 (.72) (1.32) (2.04) 44.00 30.21
Year ended 3/31/2005 (.51) -- (.51) 35.49 12.04
Year ended 3/31/2004 (.33) -- (.33) 32.15 57.00
Year ended 3/31/2003 (.27) -- (.27) 20.74 (23.22)
Period from 2/15/2002 to 3/31/2002 -- -- -- 27.23 4.88
----------------------------------------------------------------------------------------------------------
CLASS 529-B:
Year ended 3/31/2006 (.42) (1.32) (1.74) 43.42 29.10
Year ended 3/31/2005 (.27) -- (.27) 35.09 11.01
Year ended 3/31/2004 (.15) -- (.15) 31.86 55.61
Year ended 3/31/2003 (.19) -- (.19) 20.61 (23.91)
Period from 2/19/2002 to 3/31/2002 -- -- -- 27.21 6.77
----------------------------------------------------------------------------------------------------------
CLASS 529-C:
Year ended 3/31/2006 (.45) (1.32) (1.77) 43.38 29.11
Year ended 3/31/2005 (.28) -- (.28) 35.08 11.02
Year ended 3/31/2004 (.16) -- (.16) 31.86 55.66
Year ended 3/31/2003 (.19) -- (.19) 20.61 (23.88)
Period from 2/15/2002 to 3/31/2002 -- -- -- 27.20 4.77
----------------------------------------------------------------------------------------------------------
CLASS 529-E:
Year ended 3/31/2006 (.62) (1.32) (1.94) 43.75 29.77
Year ended 3/31/2005 (.42) -- (.42) 35.33 11.63
Year ended 3/31/2004 (.26) -- (.26) 32.04 56.45
Year ended 3/31/2003 (.25) -- (.25) 20.69 (23.48)
Period from 3/7/2002 to 3/31/2002 -- -- -- 27.23 (.36)
----------------------------------------------------------------------------------------------------------
CLASS 529-F:
Year ended 3/31/2006 (.75) (1.32) (2.07) 43.98 30.39
Year ended 3/31/2005 (.48) -- (.48) 35.45 11.89
Year ended 3/31/2004 (.33) -- (.33) 32.13 56.79
Period from 9/16/2002 to 3/31/2003 (.26) -- (.26) 20.74 (7.57)
----------------------------------------------------------------------------------------------------------

EuroPacific Growth Fund / Prospectus

<PAGE>

Ratio of Ratio of
expenses expenses Ratio of
to average to average net
net assets net assets income
Net assets, before after to
end of reim- reim- average
period bursements/ bursements/ net
(in millions) waivers waivers/4/ assets
----------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006 $50,209 .81 % .76 % 1.58 %
Year ended 3/31/2005 37,515 .83 .82 1.31
Year ended 3/31/2004 32,759 .87 .87 1.08
Year ended 3/31/2003 20,143 .90 .90 1.06
Year ended 3/31/2002 27,765 .88 .88 1.21
----------------------------------------------------------------------------------------
CLASS B:
Year ended 3/31/2006 1,394 1.55 1.51 .82
Year ended 3/31/2005 954 1.58 1.56 .55
Year ended 3/31/2004 737 1.62 1.62 .31
Year ended 3/31/2003 387 1.68 1.68 .28
Year ended 3/31/2002 422 1.65 1.65 .41
----------------------------------------------------------------------------------------
CLASS C:
Year ended 3/31/2006 2,697 1.64 1.60 .71
Year ended 3/31/2005 1,546 1.67 1.65 .44
Year ended 3/31/2004 939 1.70 1.70 .19
Year ended 3/31/2003 275 1.74 1.74 .19
Year ended 3/31/2002 178 1.77 1.77 .22
----------------------------------------------------------------------------------------
CLASS F:
Year ended 3/31/2006 6,686 .84 .80 1.50
Year ended 3/31/2005 3,901 .90 .89 1.20
Year ended 3/31/2004 2,449 .92 .92 .97
Year ended 3/31/2003 861 .94 .94 1.00
Year ended 3/31/2002 580 .95 .95 .98
----------------------------------------------------------------------------------------
CLASS 529-A:
Year ended 3/31/2006 387 .85 .80 1.47
Year ended 3/31/2005 197 .91 .89 1.18
Year ended 3/31/2004 104 .91 .91 .98
Year ended 3/31/2003 33 .94 .94 .98
Period from 2/15/2002 to 3/31/2002 4 .13 .13 .42
----------------------------------------------------------------------------------------
CLASS 529-B:
Year ended 3/31/2006 64 1.71 1.67 .64
Year ended 3/31/2005 39 1.80 1.79 .30
Year ended 3/31/2004 24 1.83 1.83 .06
Year ended 3/31/2003 8 1.86 1.86 .07
Period from 2/19/2002 to 3/31/2002 1 .20 .20 .29
----------------------------------------------------------------------------------------
CLASS 529-C:
Year ended 3/31/2006 164 1.70 1.66 .63
Year ended 3/31/2005 88 1.79 1.78 .31
Year ended 3/31/2004 50 1.82 1.82 .07
Year ended 3/31/2003 15 1.84 1.84 .08
Period from 2/15/2002 to 3/31/2002 1 .22 .22 .35
----------------------------------------------------------------------------------------
CLASS 529-E:
Year ended 3/31/2006 24 1.18 1.13 1.13
Year ended 3/31/2005 12 1.26 1.24 .84
Year ended 3/31/2004 7 1.28 1.28 .61
Year ended 3/31/2003 2 1.30 1.30 .66
Period from 3/7/2002 to 3/31/2002 --/5/ .09 .09 .23
----------------------------------------------------------------------------------------
CLASS 529-F:
Year ended 3/31/2006 23 .70 .66 1.63
Year ended 3/31/2005 12 1.01 .99 1.09
Year ended 3/31/2004 6 1.02 1.02 .82
Period from 9/16/2002 to 3/31/2003 1 1.05/6/ 1.05/6/ 1.31/6/
----------------------------------------------------------------------------------------

(The Financial Highlights table continues on the following page.)

EuroPacific Growth Fund / Prospectus
<PAGE>

YEAR ENDED MARCH 31
2006 2005 2004 2003 2002
------------------------------------------------------------------------------------

PORTFOLIO TURNOVER
RATE FOR ALL CLASSES 35% 30% 25% 29% 27%
OF SHARES

1 Based on operations for the periods shown (unless otherwise noted) and,
accordingly, may not be representative of a full year.
2 Based on average shares outstanding.
3 Total returns exclude all sales charges, including contingent deferred sales
charges.
4 The ratios in this column reflect the impact, if any, of certain
reimbursements/waivers from Capital Research and Management Company. See the
Annual Fund Operating Expenses table under "Fees and expenses of the fund" and
the audited financial statements in the fund's annual report for more
information.
5 Amount less than $1 million.
6 Annualized.

EuroPacific Growth Fund / Prospectus

<PAGE>

NOTES

35
EuroPacific Growth Fund / Prospectus
<PAGE>

[logo - American Funds (r)] The right choice for the long term/(R)/

FOR SHAREHOLDER American Funds Service Company
SERVICES 800/421-0180
FOR RETIREMENT PLAN Call your employer or plan
SERVICES administrator
FOR DEALER SERVICES American Funds Distributors
800/421-9900
FOR 529 PLANS American Funds Service Company
800 /421-0180, ext. 529
FOR 24 American FundsLine
-HOUR INFORMATION 800/325-3590
americanfunds.com

Telephone calls you have with the American Funds
organization may be monitored or recorded for quality
assurance, verification and/or recordkeeping purposes.
By speaking with us on the telephone, you are giving
your consent to such monitoring and recording.
-----------------------------------------------------------------------------------

MULTIPLE TRANSLATIONS This prospectus may be translated into other languages.
If there is any inconsistency or ambiguity as to the meaning of any word or
phrase in a translation, the English text will prevail.

ANNUAL/SEMI-ANNUAL REPORT TO SHAREHOLDERS The shareholder reports contain
additional information about the fund, including financial statements,
investment results, portfolio holdings, a discussion of market conditions and
the fund's investment strategies, and the independent registered public
accounting firm's report (in the annual report).
PROGRAM DESCRIPTIONS Program descriptions for 529 programs managed by the
American Funds organization contain additional information about the policies
and services related to 529 plan accounts.

STATEMENT OF ADDITIONAL INFORMATION (SAI) AND CODES OF ETHICS The current SAI,
as amended from time to time, contains more detailed information on all aspects
of the fund, including the fund's financial statements, and is incorporated by
reference into this prospectus. This means that the current SAI, for legal
purposes, is part of this prospectus. The codes of ethics describe the personal
investing policies adopted by the fund, the fund's investment adviser and its
affiliated companies.

The codes of ethics and current SAI are on file with the Securities and Exchange
Commission (SEC). These and other related materials about the fund are available
for review or to be copied at the SEC's Public Reference Room in Washington, DC
(202/942-8090) or on the EDGAR database on the SEC's website at sec.gov or,
after payment of a duplicating fee, via e-mail request to publicinfo@sec.gov or
by writing to the SEC's Public Reference Section, Washington, DC 20549-0102. The
current SAI and shareholder reports are also available, free of charge, on
americanfunds.com.

HOUSEHOLD MAILINGS Each year you are automatically sent an updated prospectus
and annual and semi-annual reports for the fund. You may also occasionally
receive proxy statements for the fund. In order to reduce the volume of mail you
receive, when possible, only one copy of these documents will be sent to
shareholders who are part of the same family and share the same household
address.

If you would like to opt out of household-based mailings or receive a
complimentary copy of the current SAI, codes of ethics, annual/semi-annual
report to shareholders or applicable program description, please call American
Funds Service Company at 800/421-0180 or write to the Secretary of the fund at
333 South Hope Street, Los Angeles, California 90071.

[logo - recycled bug]
Printed on recycled paper

Printed on recycled paper
MFGEPR-916-0606P Litho in USA Investment Company File No. 811-3734
CGD/RRD/8007
-------------------------------------------------------------------------------
THE CAPITAL GROUP COMPANIES
American Funds Capital Research and Management Capital International
Capital Guardian Capital Bank and Trust

<PAGE>

[logo - American Funds (r)] The right choice for the long term/(R)/

EuroPacific
Growth Fund/(R)/

PROSPECTUS
ADDENDUM

June 1, 2006

<PAGE>

Class R-5 shares of EuroPacific Growth Fund are available to certain clients of
the Personal Investment Management group of Capital Guardian Trust Company./SM//
/Accordingly, for these shareholders, the following information should be read
in conjunction with the prospectus for this fund.

Fees and expenses of the fund -- pages 5-6

These tables describe the fees and expenses that you may pay if you buy and hold
shares of the fund.

SHAREHOLDER FEES (PAID DIRECTLY FROM YOUR INVESTMENT)
CLASS R-5
-------------------------------------------------------------------------------

Maximum initial sales charge on purchases (as a percentage of none
offering price)
-------------------------------------------------------------------------------
Maximum sales charge on reinvested dividends none
-------------------------------------------------------------------------------
Maximum contingent deferred sales charge none
-------------------------------------------------------------------------------
Redemption or exchange fees none

ANNUAL FUND OPERATING EXPENSES (DEDUCTED FROM FUND ASSETS)
CLASS R-5
--------------------------------------------------------------

Management fees/1/ 0.43%
--------------------------------------------------------------
Distribution and/or service (12b-1) fees none
--------------------------------------------------------------
Other expenses/2/ 0.15
--------------------------------------------------------------
Total annual fund operating expenses/1/ 0.58

1 The fund's investment adviser began waiving 5% of its management fees on
September 1, 2004. Beginning April 1, 2005, this waiver increased to 10% and is
expected to continue at this level until further review. Total annual fund
operating expenses do not reflect any waiver. Information regarding the effect
of any waiver on total annual fund operating expenses can be found in the
Financial Highlights table in the prospectus and in the audited financial
statements in the fund's annual report.
2 A portion of the fund's expenses may be used to pay third parties (including
affiliates of the fund's investment adviser) that provide recordkeeping
services to retirement plans invested in the fund.

EXAMPLE

The example below is intended to help you compare the cost of investing in the
fund with the cost of investing in other mutual funds. The example assumes that
you invest $10,000 in the fund for the time periods indicated, that your
investment has a 5% return each year, that all dividends and capital gain
distributions are reinvested, and that the fund's operating expenses remain the
same as shown above. The example does not reflect the impact of any fee waivers
or expense reimbursements.

Although your actual costs may be higher or lower, based on these assumptions,
your cumulative estimated expenses would be:

1 YEAR 3 YEARS 5 YEARS 10 YEARS
-------------------------------------------------------------

Class R-5 $59 $186 $324 $726
-------------------------------------------------------------

<PAGE>

Purchase and exchange of shares -- pages 17-20

PURCHASE OF CLASS R-5 SHARES

Class R-5 shares of the fund are available to certain clients of the Personal
Investment Management group of Capital Guardian Trust Company. Please contact
Capital Guardian Trust Company if you wish to purchase Class R-5 shares of the
fund.

Sales charges -- pages 21-24

CLASS R-5 SHARES

Class R-5 shares are sold without any initial or contingent deferred sales
charge. In addition, no compensation is paid to investment dealers on sales of
Class R-5 shares.

<PAGE>

Financial highlights/1/ -- pages 32-34

The Financial Highlights table is intended to help you understand the fund's
results. Certain information reflects financial results for a single share. The
total returns in the table represent the rate that an investor would have earned
or lost on an investment in the fund (assuming reinvestment of all dividends and
capital gain distributions). This information has been audited by Deloitte &
Touche LLP, whose report, along with the fund's financial statements, is
included in the statement of additional information, which is available upon
request.

CLASS R-5:
Year ended 3/31/2006 $35.64 $.69 $10.02 $10.71
Year ended 3/31/2005 32.26 .50 3.47 3.97
Year ended 3/31/2004 20.78 .35 11.51 11.86
Period from 5/15/2002 to 3/31/2003 27.55 .26 (6.74) (6.48)

DIVIDENDS AND DISTRIBUTIONS

Dividends Total
(from net Distributions dividends Net asset
investment (from and value, end Total
income) capital gains) distributions of period return
-----------------------------------------------------------------------------------------------------

CLASS R-5:
Year ended 3/31/2006 $(.81) $(1.32) $(2.13) $44.22 30.56%
Year ended 3/31/2005 (.59) -- (.59) 35.64 12.38
Year ended 3/31/2004 (.38) -- (.38) 32.26 57.49
Period from 5/15/2002 to 3/31/2003 (.29) -- (.29) 20.78 (23.71)

Ratio of Ratio of
expenses expenses Ratio of
to average to average net
Net net assets net assets income
assets, before after to
end of reim- reim- average
period bursements/ bursements/ net
(in millions) waivers waivers/3/ assets
----------------------------------------------------------------------------------------

CLASS R-5:
Year ended 3/31/2006 $9,059 .58 % .53 % 1.74 %
Year ended 3/31/2005 4,507 .59 .58 1.51
Year ended 3/31/2004 2,473 .61 .61 1.27
Period from 5/15/2002 to 3/31/2003 782 .63/4/ .63/4/ 1.31/4/

YEAR ENDED MARCH 31
2006 2005 2004 2003 2002
------------------------------------------------------------------------------------

PORTFOLIO TURNOVER
RATE FOR ALL CLASSES 35% 30% 25% 29% 27%
OF SHARES

1 Based on operations for the periods shown (unless otherwise noted) and,
accordingly, may not be representative of a full year.
2 Based on average shares outstanding.
3 The ratios in this column reflect the impact, if any, of certain
reimbursements/waivers from Capital Research and Management Company. See the
Annual Fund Operating Expenses table under "Fees and expenses of the fund" and
the audited financial statements in the fund's annual report for more
information.
4 Annualized.

<PAGE>

EUROPACIFIC GROWTH FUND

Part B

Statement of Additional Information
June 1, 2006

This document is not a prospectus but should be read in conjunction with the
current prospectus or retirement plan prospectus of EuroPacific Growth Fund (the
"fund" or "EUPAC") dated June 1, 2006. You may obtain a prospectus from your
financial adviser or by writing to the fund at the following address:

EuroPacific Growth Fund
Attention: Secretary
333 South Hope Street
Los Angeles, California 90071
213/486-9200

Shareholders who purchase shares at net asset value through eligible retirement
plans should note that not all of the services or features described below may
be available to them. They should contact their employers for details.

TABLE OF CONTENTS

Item Page no.
---- --------

Certain investment limitations and guidelines . . . . . . . . . . . 2
Description of certain securities and investment techniques . . . . 2
Fundamental policies and investment restrictions. . . . . . . . . . 7
Management of the fund . . . . . . . . . . . . . . . . . . . . . . 10
Execution of portfolio transactions . . . . . . . . . . . . . . . . 29
Disclosure of portfolio holdings. . . . . . . . . . . . . . . . . . 30
Price of shares . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Taxes and distributions . . . . . . . . . . . . . . . . . . . . . . 33
Purchase and exchange of shares . . . . . . . . . . . . . . . . . . 38
Sales charges . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Sales charge reductions and waivers . . . . . . . . . . . . . . . . 44
Selling shares. . . . . . . . . . . . . . . . . . . . . . . . . . . 48
Shareholder account services and privileges . . . . . . . . . . . . 48
General information . . . . . . . . . . . . . . . . . . . . . . . . 51
Appendix. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
Financial statements

EuroPacific Growth Fund -- Page 1
<PAGE>

CERTAIN INVESTMENT LIMITATIONS AND GUIDELINES

The following limitations and guidelines are considered at the time of purchase,
under normal circumstances, and are based on a percentage of the fund's net
assets unless otherwise noted. This summary is not intended to reflect all of
the fund's investment limitations.

INVESTMENT OBJECTIVE

. Generally, the fund will invest at least 80% of its assets in securities of
issuers domiciled in Europe and the Pacific Basin. This policy is subject
to change only upon 60 days' notice to shareholders. Various factors will
be considered when determining whether a country is part of Europe,
including whether a country is part of the MSCI European indices. A country
will be considered part of the Pacific Basin if any of its borders touch
the Pacific Ocean.

. Although the United States is considered part of the Pacific Basin, the
fund will normally not purchase equity securities of issuers domiciled in
the United States. Cash and cash equivalents issued by U.S. issuers,
however, will be treated as Pacific Basin assets.

DEBT SECURITIES

. The fund may invest up to 5% of its assets in straight debt securities
(i.e., not convertible into equity) rated Baa or below by Moody's Investors
Service ("Moody's") and BBB or below by Standard & Poor's Corporation
("S&P") or in unrated securities that are determined to be of equivalent
quality by Capital Research and Management Company (the "investment
adviser").

* * * * * *

The fund may experience difficulty liquidating certain portfolio securities
during significant market declines or periods of heavy redemptions.

DESCRIPTION OF CERTAIN SECURITIES AND INVESTMENT TECHNIQUES

The descriptions below are intended to supplement the material in the prospectus
under "Investment objective, strategies and risks."

EQUITY SECURITIES -- Equity securities represent an ownership position in a
company. Equity securities held by the fund typically consist of common stocks.
The prices of equity securities fluctuate based on, among other things, events
specific to their issuers and market, economic and other conditions.

There may be little trading in the secondary market for particular equity
securities, which may adversely affect the fund's ability to value accurately or
dispose of such equity securities. Adverse publicity and investor perceptions,
whether or not based on fundamental analysis, may decrease the value and/or
liquidity of equity securities.

INVESTING IN VARIOUS COUNTRIES -- Investing outside the United States may
involve risks caused by, among other things, currency controls and fluctuating
currency values; different accounting, auditing, financial reporting and legal
standards and practices in some countries; changing local,

EuroPacific Growth Fund -- Page 2
<PAGE>

regional and global economic, political and social conditions; expropriation;
changes in tax policy; greater market volatility; differing securities market
structures; higher transaction costs; and various administrative difficulties,
such as delays in clearing and settling portfolio transactions or in receiving
payment of dividends.

The risks described above may be heightened in connection with investments in
developing countries. Although there is no universally accepted definition, the
investment adviser generally considers a developing country as a country that is
in the earlier stages of its industrialization cycle with a low per capita gross
domestic product ("GDP") and a low market capitalization to GDP ratio relative
to those in the United States and the European Union. Historically, the markets
of developing countries have been more volatile than the markets of developed
countries, reflecting the greater uncertainties of investing in less established
markets and economies. In particular, developing countries may have less stable
governments; may present the risks of nationalization of businesses,
restrictions on foreign ownership and prohibitions on the repatriation of
assets; and may have less protection of property rights than more developed
countries. The economies of developing countries may be reliant on only a few
industries, may be highly vulnerable to changes in local or global trade
conditions and may suffer from high and volatile debt burdens or inflation
rates. Local securities markets may trade a small number of securities and may
be unable to respond effectively to increases in trading volume, potentially
making prompt liquidation of holdings difficult or impossible at times.

Additional costs could be incurred in connection with the fund's investment
activities outside the United States. Brokerage commissions may be higher
outside the United States, and the fund will bear certain expenses in connection
with its currency transactions. Furthermore, increased custodian costs may be
associated with maintaining assets in certain jurisdictions.

CURRENCY TRANSACTIONS -- The fund may purchase and sell currencies to facilitate
securities transactions and enter into forward currency contracts to protect
against changes in currency exchange rates. A forward currency contract is an
obligation to purchase or sell a specific currency at a future date, which may
be any fixed number of days from the date of the contract agreed upon by the
parties, at a price set at the time of the contract. Forward currency contracts
entered into by the fund will involve the purchase or sale of one currency
against the U.S. dollar. While entering into forward currency transactions could
minimize the risk of loss due to a decline in the value of the hedged currency,
it could also limit any potential gain that may result from an increase in the
value of the currency. The fund will not generally attempt to protect against
all potential changes in exchange rates. The fund will segregate liquid assets
that will be marked to market daily to meet its forward contract commitments to
the extent required by the Securities and Exchange Commission.

Certain provisions of the Internal Revenue Code may affect the extent to which
the fund may enter into forward contracts. Such transactions also may affect the
character and timing of income, gain or loss recognized by the fund for U.S.
federal income tax purposes.

INVESTING IN SMALLER CAPITALIZATION STOCKS -- The fund may invest in the stocks
of smaller capitalization companies (typically companies with market
capitalizations of less than $3.5 billion at the time of purchase). The
investment adviser believes that the issuers of smaller capitalization stocks
often provide attractive investment opportunities. However, investing in smaller
capitalization stocks can involve greater risk than is customarily associated
with investing in stocks of larger, more established companies. For example,
smaller companies often have limited product lines, limited markets or financial
resources, may be dependent for management

EuroPacific Growth Fund -- Page 3
<PAGE>

on one or a few key persons and can be more susceptible to losses. Also, their
securities may be thinly traded (and therefore have to be sold at a discount
from current prices or sold in small lots over an extended period of time), may
be followed by fewer investment research analysts and may be subject to wider
price swings, thus creating a greater chance of loss than securities of larger
capitalization companies.

DEBT SECURITIES -- Debt securities are used by issuers to borrow money.
Generally, issuers pay investors periodic interest and repay the amount borrowed
either periodically during the life of the security and/or at maturity. Some
debt securities, such as zero coupon bonds, do not pay current interest, but are
purchased at a discount from their face values and accrue interest at the
applicable coupon rate over a specified time period. The market prices of debt
securities fluctuate depending on such factors as interest rates, credit quality
and maturity. In general, market prices of debt securities decline when interest
rates rise and increase when interest rates fall.

Lower rated debt securities, rated Ba or below by Moody's and/or BB or below by
S&P or unrated but determined to be of equivalent quality, are described by the
rating agencies as speculative and involve greater risk of default or price
changes due to changes in the issuer's creditworthiness than higher rated debt
securities, or they may already be in default. The market prices of these
securities may fluctuate more than higher quality securities and may decline
significantly in periods of general economic difficulty. It may be more
difficult to dispose of, and to determine the value of, lower rated debt
securities.

Certain additional risk factors relating to debt securities are discussed below:

SENSITIVITY TO INTEREST RATE AND ECONOMIC CHANGES -- Debt securities may be
sensitive to economic changes, political and corporate developments, and
interest rate changes. In addition, during an economic downturn or
substantial period of rising interest rates, issuers that are highly
leveraged may experience increased financial stress that would adversely
affect their ability to meet projected business goals, to obtain additional
financing and to service their principal and interest payment obligations.
Periods of economic change and uncertainty also can be expected to result
in increased volatility of market prices and yields of certain debt
securities.

PAYMENT EXPECTATIONS -- Debt securities may contain redemption or call
provisions. If an issuer exercises these provisions in a lower interest
rate market, the fund would have to replace the security with a lower
yielding security, resulting in decreased income to investors. If the
issuer of a debt security defaults on its obligations to pay interest or
principal or is the subject of bankruptcy proceedings, the fund may incur
losses or expenses in seeking recovery of amounts owed to it.
LIQUIDITY AND VALUATION -- There may be little trading in the secondary
market for particular debt securities, which may affect adversely the
fund's ability to value accurately or dispose of such debt securities.
Adverse publicity and investor perceptions, whether or not based on
fundamental analysis, may decrease the value and/or liquidity of debt
securities.

The investment adviser attempts to reduce the risks described above through
diversification of the fund's portfolio and by credit analysis of each issuer,
as well as by monitoring broad

EuroPacific Growth Fund -- Page 4
<PAGE>

economic trends and corporate and legislative developments, but there can be no
assurance that it will be successful in doing so.

SECURITIES WITH EQUITY AND DEBT CHARACTERISTICS -- The fund may invest in
securities that have a combination of equity and debt characteristics. These
securities may at times behave more like equity than debt and vice versa. Some
types of convertible bonds or preferred stocks automatically convert into common
stocks. The prices and yields of nonconvertible preferred stocks generally move
with changes in interest rates and the issuer's credit quality, similar to the
factors affecting debt securities. Certain of these securities will be treated
as debt for fund investment limit purposes.

Convertible bonds, convertible preferred stocks and other securities may
sometimes be converted, or may automatically convert, into common stocks or
other securities at a stated conversion ratio. These securities, prior to
conversion, may pay a fixed rate of interest or a dividend. Because convertible
securities have both debt and equity characteristics, their value varies in
response to many factors, including the value of the underlying assets, general
market and economic conditions, and convertible market valuations, as well as
changes in interest rates, credit spreads and the credit quality of the issuer.

WARRANTS AND RIGHTS -- The fund may purchase warrants, which may be issued
together with bonds or preferred stocks. Warrants generally entitle the holder
to buy a proportionate amount of common stock at a specified price, usually
higher than the current market price. Warrants may be issued with an expiration
date or in perpetuity. Rights are similar to warrants except that they normally
entitle the holder to purchase common stock at a lower price than the current
market price.

U.S. GOVERNMENT OBLIGATIONS -- U.S. government obligations are securities backed
by the full faith and credit of the U.S. government. U.S. government obligations
include the following types of securities:

U.S. TREASURY SECURITIES -- U.S. Treasury securities include direct
obligations of the U.S. Treasury, such as Treasury bills, notes and bonds.
For these securities, the payment of principal and interest is
unconditionally guaranteed by the U.S. government, and thus they are of the
highest possible credit quality. Such securities are subject to variations
in market value due to fluctuations in interest rates, but, if held to
maturity, will be paid in full.

FEDERAL AGENCY SECURITIES BACKED BY "FULL FAITH AND CREDIT" -- The
securities of certain U.S. government agencies and government-sponsored
entities are guaranteed as to the timely payment of principal and interest
by the full faith and credit of the U.S. government. Such agencies and
entities include the Government National Mortgage Association (Ginnie Mae),
the Veterans Administration (VA), the Federal Housing Administration (FHA),
the Export-Import Bank (Exim Bank), the Overseas Private Investment
Corporation (OPIC), the Commodity Credit Corporation (CCC) and the Small
Business Administration (SBA).
OTHER FEDERAL AGENCY OBLIGATIONS -- Additional federal agency securities are
neither direct obligations of, nor guaranteed by, the U.S. government. These
obligations include securities issued by certain U.S. government agencies and
government-sponsored entities. However, they generally involve some form of
federal sponsorship: some operate under a government charter; some are backed by
specific types of collateral; some are supported by the issuer's right to

EuroPacific Growth Fund -- Page 5
<PAGE>

borrow from the Treasury; and others are supported only by the credit of the
issuing government agency or entity. These agencies and entities include, but
are not limited to: Federal Home Loan Bank, Federal Home Loan Mortgage
Corporation (Freddie Mac), Federal National Mortgage Association (Fannie Mae),
Tennessee Valley Authority and Federal Farm Credit Bank System.

CASH AND CASH EQUIVALENTS -- These include (a) commercial paper (for example,
short-term notes with maturities typically up to 12 months in length issued by
corporations, governmental bodies or bank/corporation sponsored conduits
(asset-backed commercial paper)) (b) short-term bank obligations (for example,
certificates of deposit, bankers' acceptances (time drafts on a commercial bank
where the bank accepts an irrevocable obligation to pay at maturity)) or bank
notes, (c) savings association and savings bank obligations (for example, bank
notes and certificates of deposit issued by savings banks or savings
associations), (d) securities of the U.S. government, its agencies or
instrumentalities that mature, or may be redeemed, in one year or less, and (e)
corporate bonds and notes that mature, or that may be redeemed, in one year or
less.

FORWARD COMMITMENTS -- The fund may enter into commitments to purchase or sell
securities at a future date. When the fund agrees to purchase such securities,
it assumes the risk of any decline in value of the security from the date of the
agreement. When the fund agrees to sell such securities, it does not participate
in further gains or losses with respect to the securities beginning on the date
of the agreement. If the other party to such a transaction fails to deliver or
pay for the securities, the fund could miss a favorable price or yield
opportunity, or could experience a loss.

The fund will not use these transactions for the purpose of leveraging and will
segregate liquid assets that will be marked to market daily in an amount
sufficient to meet its payment obligations in these transactions. Although these
transactions will not be entered into for leveraging purposes, to the extent the
fund's aggregate commitments in connection with these transactions exceed its
segregated assets, the fund temporarily could be in a leveraged position
(because it may have an amount greater than its net assets subject to market
risk). Should market values of the fund's portfolio securities decline while the
fund is in a leveraged position, greater depreciation of its net assets would
likely occur than if it were not in such a position. The fund will not borrow
money to settle these transactions and, therefore, will liquidate other
portfolio securities in advance of settlement if necessary to generate
additional cash to meet its obligations.

REPURCHASE AGREEMENTS -- The fund may enter into repurchase agreements under
which the fund buys a security and obtains a simultaneous commitment from the
seller to repurchase the security at a specified time and price. Repurchase
agreements permit the fund to maintain liquidity and earn income over periods of
time as short as overnight. The seller must maintain with the fund's custodian
collateral equal to at least 100% of the repurchase price, including accrued
interest, as monitored daily by the investment adviser. The fund will only enter
into repurchase agreements involving securities in which it could otherwise
invest and with selected banks and securities dealers whose financial condition
is monitored by the investment adviser. If the seller under the repurchase
agreement defaults, the fund may incur a loss if the value of the collateral
securing the repurchase agreement has declined and may incur disposition costs
in connection with liquidating the collateral. If bankruptcy proceedings are
commenced with respect to the seller, realization of the collateral by the fund
may be delayed or limited.

EuroPacific Growth Fund -- Page 6
<PAGE>

REAL ESTATE INVESTMENT TRUSTS -- The fund may invest in securities issued by
real estate investment trusts (REITs), which primarily invest in real estate or
real estate-related loans. Equity REITs own real estate properties, while
mortgage REITs hold construction, development and/or long-term mortgage loans.
The values of REITs may be affected by changes in the value of the underlying
property of the trusts, the creditworthiness of the issuer, property taxes,
interest rates and tax and regulatory requirements, such as those relating to
the environment. Both types of REITs are dependent upon management skill and the
cash flows generated by their holdings, the real estate market in general and
the possibility of failing to qualify for any applicable pass-through tax
treatment or failing to maintain any applicable exemptive status afforded under
relevant laws.

RESTRICTED OR ILLIQUID SECURITIES -- The fund may purchase securities subject to
restrictions on resale. Restricted securities may only be sold pursuant to an
exemption from registration under the Securities Act of 1933 (the "1933 Act"),
or in a registered public offering. Where registration is required, the holder
of a registered security may be obligated to pay all or part of the registration
expense and a considerable period may elapse between the time it decides to seek
registration and the time it may be permitted to sell a security under an
effective registration statement. Difficulty in selling such securities may
result in a loss to the fund or cause it to incur additional administrative
costs.

Securities (including restricted securities) not actively traded will be
considered illiquid unless they have been specifically determined to be liquid
under procedures adopted by the fund's board of trustees, taking into account
factors such as the frequency and volume of trading, the commitment of dealers
to make markets and the availability of qualified investors, all of which can
change from time to time. The fund may incur certain additional costs in
disposing of illiquid securities.

* * * * * *

PORTFOLIO TURNOVER -- Portfolio changes will be made without regard to the
length of time particular investments may have been held. Short-term trading
profits are not the fund's objective, and changes in its investments are
generally accomplished gradually, though short-term transactions may
occasionally be made. High portfolio turnover involves correspondingly greater
transaction costs in the form of dealer spreads or brokerage commissions, and
may result in the realization of net capital gains, which are taxable when
distributed to shareholders.

A fund's portfolio turnover rate would equal 100% if each security in the fund's
portfolio were replaced once per year. The fund's portfolio turnover rates for
the fiscal years ended March 31, 2006 and 2005 were 35% and 30%, respectively.
See "Financial highlights" in the prospectus for the fund's annual portfolio
turnover rate for each of the last five fiscal years.

FUNDAMENTAL POLICIES AND INVESTMENT RESTRICTIONS
FUNDAMENTAL POLICIES -- The fund has adopted the following fundamental policies
and investment restrictions, which may not be changed without approval by
holders of a majority of its outstanding shares. Such majority is defined in the
Investment Company Act of 1940, as amended (the "1940 Act"), as the vote of the
lesser of (a) 67% or more of the outstanding voting securities present at a
shareholder meeting, if the holders of more than 50% of the outstanding voting
securities are present in person or by proxy, or (b) more than 50% of the
outstanding voting securities. All percentage limitations are considered at the
time securities are purchased

EuroPacific Growth Fund -- Page 7
<PAGE>

and are based on the fund's net assets unless otherwise indicated. None of the
following investment restrictions involving a maximum percentage of assets will
be considered violated unless the excess occurs immediately after, and is caused
by, an acquisition by the fund.

The fund may not:

1. Invest in securities of another issuer (other than the U.S. government or
its agencies or instrumentalities), if immediately after and as a result of such
investment more than 5% of the value of the total assets would be invested in
the securities of such other issuer (except with respect to 25% of the value of
the total assets, the fund may exceed the 5% limitation with regards to
investments in the securities of any one foreign government);

2. Invest in companies for the purpose of exercising control or management;

3. Invest more than 25% of the value of its total assets in the securities of
companies primarily engaged in any one industry;

4. Invest more than 5% of its total assets in the securities of other
investment companies; such investments shall be limited to 3% of the voting
stock of any investment company provided, however, that investment in the open
market of a closed-end investment company where no more than customary brokers'
commissions are involved and investment in connection with a merger,
consolidation, acquisition or reorganization shall not be prohibited by this
restriction;

5. Buy or sell real estate in the ordinary course of its business; however,
the fund may invest in securities secured by real estate or interests therein or
issued by companies, including real estate investment trusts and funds, which
invest in real estate or interests therein;

6. Buy or sell commodities or commodity contracts in the ordinary course of
its business, provided, however, that entering into foreign currency contracts
shall not be prohibited by this restriction;

7. Lend any security or make any other loan if, as a result, more than 15% of
its total assets would be lent to third parties, but this limitation does not
apply to purchases of debt securities or to repurchase agreements;

8. Sell securities short except to the extent that the fund contemporaneously
owns or has the right to acquire, at no additional cost, securities identical to
those sold short;

9. Purchase securities on margin;

10. Issue senior securities or borrow money, except as permitted by the 1940
Act, as amended or any rule thereunder, any Securities and Exchange Commission
("SEC") or SEC staff interpretations thereof or any exceptions therefrom which
may be granted by the SEC;

11. Mortgage, pledge or hypothecate its total assets to any extent;

12. Purchase or retain the securities of any issuer, if those individual
officers and trustees of the fund, its investment adviser or principal
underwriter, each owning beneficially more than 1/2 of 1% of the securities of
such issuer, together own more than 5% of the securities of such issuer;

EuroPacific Growth Fund -- Page 8
<PAGE>

13. Invest more than 5% of the value of its total assets in securities of
companies having, together with their predecessors, a record of less than three
years of continuous operation;

14. Invest in puts, calls, straddles or spreads, or combinations thereof; or

15. Purchase partnership interests in oil, gas, or mineral exploration,
drilling or mining ventures.

NONFUNDAMENTAL POLICIES -- The following nonfundamental policies may be changed
without shareholder approval:

1. As to 75% of the fund's total assets, investments in any one issuer will be
limited to no more than 10% of the voting securities of such issuer;

2. The fund does not currently intend to engage in an ongoing or regular
securities lending program;

3. The fund will only borrow for temporary or emergency purposes and not for
investment in securities; and

4. The fund may not invest more than 15% of the value of its net assets in
illiquid securities.

EuroPacific Growth Fund -- Page 9
<PAGE>

MANAGEMENT OF THE FUND

"NON-INTERESTED" TRUSTEES/1/

NUMBER OF
NAME, AGE AND PORTFOLIOS/3/
POSITION WITH FUND PRINCIPAL OCCUPATION(S) OVERSEEN OTHER DIRECTORSHIPS/4/ HELD
(YEAR FIRST ELECTED/2/) DURING PAST FIVE YEARS BY TRUSTEE BY TRUSTEE
------------------------------------------------------------------------------------------------------------------

Elisabeth Allison, 59 Partner, ANZI, Ltd. 3 Color Kinetics, Inc.
Trustee (1991) (transactional work
specializing in joint ventures
and strategic alliances);
Business negotiator, Harvard
Medical School
------------------------------------------------------------------------------------------------------------------
Vanessa C.L. Chang, 53 Director, El & El Investments 3 None
Trustee (2004) (real estate); former Chief
Executive Officer and
President, ResolveItNow.com
(insurance-related Internet
company); former Senior Vice
President, Secured Capital
Corporation (real estate
investment bank); former
Partner, KPMG LLP (independent
registered public accounting
firm)
------------------------------------------------------------------------------------------------------------------
Robert A. Fox, 69 Managing General Partner, Fox 7 Chemtura Corporation
Trustee (1984) Investments LP; Corporate
director; retired President
and CEO, Foster Farms (poultry
producer)
------------------------------------------------------------------------------------------------------------------
Jae H. Hyun, 57 Chairman of the Board, Tong 3 Tong Yang Investment Bank; Tong
Trustee (2004) Yang Major Corp. (holding Yang Magic Inc.; Tong Yang Major
company of Tong Yang Group Corp.; Tong Yang Systems Corp.
companies)
------------------------------------------------------------------------------------------------------------------
Koichi Itoh, 65 Executive Chairman of the 5 None
Trustee (1994) Board, Itoh Building Co., Ltd.
(building management); former
President, Autosplice KK
(electronics)
------------------------------------------------------------------------------------------------------------------
William H. Kling, 64 President, American Public 8 Irwin Financial Corporation
Trustee (1987) Media Group
------------------------------------------------------------------------------------------------------------------
John G. McDonald, 69 Professor of Finance, Graduate 8 iStar Financial, Inc.; Plum
Trustee (1984) School of Business, Stanford Creek Timber Co.; Scholastic
University Corporation; Varian, Inc.
------------------------------------------------------------------------------------------------------------------
William I. Miller, 50 Chairman of the Board and CEO, 3 Cummins, Inc.
Chairman of the Board Irwin Financial Corporation
(Independent and
Non-Executive) (1992)
------------------------------------------------------------------------------------------------------------------
Alessandro Ovi, 62 Publisher and Editor, 3 Assicurazioni Generali; Guala
Trustee (2002) Technology Review; President, Closures SpA; Korn & Ferry
----------------- Europe (Advisory Board); ST
TechRev.srl; former Special Microelectronics; Telecom Italia
Advisor to the President of Media
the European Commission;
former CEO, Tecnitel
(subsidiary of a
telecommunications company)

------------------------------------------------------------------------------------------------------------------
Kirk P. Pendleton, 66 Chairman of the Board and CEO, 6 None
Trustee (1996) Cairnwood, Inc. (venture
capital investment)
------------------------------------------------------------------------------------------------------------------
Rozanne L. Ridgway, 70 Director of companies; Chair 3 Boeing; 3M Corporation; Emerson
Trustee (2004) (non-executive), Electric; Manpower, Inc.; Sara
Baltic-American Enterprise Lee Corporation
Fund; former co-chair,
Atlantic Council of the United
States
------------------------------------------------------------------------------------------------------------------

EuroPacific Growth Fund -- Page 10
<PAGE>

"INTERESTED" TRUSTEES/5,6/

PRINCIPAL OCCUPATION(S)
DURING PAST FIVE YEARS
AND POSITIONS NUMBER OF
NAME, AGE AND HELD WITH AFFILIATED ENTITIES PORTFOLIOS/3/
POSITION WITH FUND OR THE PRINCIPAL UNDERWRITER OVERSEEN OTHER DIRECTORSHIPS/4/ HELD
(YEAR FIRST ELECTED/2/) OF THE FUND BY TRUSTEE BY TRUSTEE
-------------------------------------------------------------------------------------------------------------

Gina H. Despres, 64 Senior Vice President, Capital 4 None
Vice Chairman of the Board Research and Management
(1999) Company; Senior Vice
President, Capital Strategy
Research, Inc.*
-------------------------------------------------------------------------------------------------------------
Mark E. Denning, 48 Director, Capital Research and 1 None
President and Trustee Management Company; Senior
(1994) Vice President, Capital
Research Company*
-------------------------------------------------------------------------------------------------------------

EuroPacific Growth Fund -- Page 11
<PAGE>

OTHER OFFICERS/6/

NAME, AGE AND PRINCIPAL OCCUPATION(S) DURING PAST FIVE YEARS
POSITION WITH FUND AND POSITIONS HELD WITH AFFILIATED ENTITIES
(YEAR FIRST OR THE PRINCIPAL UNDERWRITER OF THE FUND
ELECTED/2/)
-------------------------------------------------------------------------------

Stephen E. Bepler, Senior Vice President, Capital Research Company*
63
Executive Vice
President (1984)
-------------------------------------------------------------------------------
Robert W. Lovelace, Senior Vice President, Capital Research and Management
43 Company; Chairman of the Board, Capital Research
Senior Vice Company*; Director, The Capital Group Companies, Inc.*
President (1996)
-------------------------------------------------------------------------------
Michael J. Downer, Vice President and Secretary, Capital Research and
51 Management Company; Secretary and Director, American
Vice President Funds Distributors, Inc.*; Director, Capital Bank and
(2004) Trust Company*
-------------------------------------------------------------------------------
Nicholas J. Grace, Senior Vice President, Capital Research Company*
40
Vice President
(2004)
-------------------------------------------------------------------------------
Alwyn W. Heong, 46 Senior Vice President and Director, Capital Research
Vice President Company*
(1998)
-------------------------------------------------------------------------------
Carl M. Kawaja, 41 Senior Vice President, Capital Research Company*;
Vice President Director, Capital International Asset Management*;
(2003) Director, Capital International, Inc.*
-------------------------------------------------------------------------------
Sung Lee, 39 Executive Vice President and Director, Capital Research
Vice President Company*
(2003)
-------------------------------------------------------------------------------
Vincent P. Corti, 49 Vice President - Fund Business Management Group,
Secretary (1984) Capital Research and Management Company
-------------------------------------------------------------------------------
R. Marcia Gould, 51 Vice President - Fund Business Management Group,
Treasurer (1993) Capital Research and Management Company
-------------------------------------------------------------------------------
Jennifer M. Vice President - Fund Business Management Group,
Buchheim, 32 Capital Research and Management Company
Assistant Treasurer
(2005)
-------------------------------------------------------------------------------

* Company affiliated with Capital Research and Management Company.
1 A "non-interested" trustee refers to a trustee who is not an "interested
person" within the meaning of the 1940 Act.
2 Trustees and officers of the fund serve until their resignation, removal or
retirement.
3 Fund managed by Capital Research and Management Company, including the
American Funds, American Funds Insurance Series,(R) which serves as the
underlying investment vehicle for certain variable insurance contracts, and
Endowments, whose shareholders are limited to certain nonprofit organizations.
4 This includes all directorships (other than those in the American Funds) that
are held by each trustee as a director of a public company or a registered
investment company.
5 "Interested persons," within the meaning of the 1940 Act, on the basis of
their affiliation with the fund's investment adviser, Capital Research and
Management Company, or affiliated entities (including the fund's principal
underwriter).
6 All of the officers listed, except Nicholas J. Grace and Sung Lee, are
officers and/or directors/trustees of one or more of the other funds for which
Capital Research and Management Company serves as investment adviser.

THE ADDRESS FOR ALL TRUSTEES AND OFFICERS OF THE FUND IS 333 SOUTH HOPE STREET,
55TH FLOOR, LOS ANGELES, CALIFORNIA 90071, ATTENTION: FUND SECRETARY.

EuroPacific Growth Fund -- Page 12
<PAGE>

FUND SHARES OWNED BY TRUSTEES AS OF DECEMBER 31, 2005

AGGREGATE DOLLAR RANGE/1/
OF SHARES
OWNED IN ALL FUNDS
IN THE AMERICAN FUNDS
DOLLAR RANGE/1/ OF FAMILY OVERSEEN
NAME FUND SHARES OWNED BY TRUSTEE
-------------------------------------------------------------------------------

"NON-INTERESTED" TRUSTEES
-------------------------------------------------------------------------------
Elisabeth Allison Over $100,000 Over $100,000
-------------------------------------------------------------------------------
Vanessa C.L. Chang $10,001 - $50,000 Over $100,000
-------------------------------------------------------------------------------
Robert A. Fox Over $100,000 Over $100,000
-------------------------------------------------------------------------------
Jae H. Hyun $10,001 - $50,000 Over $100,000
-------------------------------------------------------------------------------
Koichi Itoh Over $100,000 Over $100,000
-------------------------------------------------------------------------------
William H. Kling Over $100,000 Over $100,000
-------------------------------------------------------------------------------
John G. McDonald Over $100,000 Over $100,000
-------------------------------------------------------------------------------
William I. Miller Over $100,000 Over $100,000
-------------------------------------------------------------------------------
Alessandro Ovi $50,001 - $100,000 Over $100,000
-------------------------------------------------------------------------------
Kirk P. Pendleton Over $100,000 Over $100,000
-------------------------------------------------------------------------------
Rozanne L. Ridgway $10,001 - $50,000 Over $100,000
-------------------------------------------------------------------------------
"INTERESTED" TRUSTEES
-------------------------------------------------------------------------------
Mark E. Denning/2/ None None
-------------------------------------------------------------------------------
Gina H. Despres $1 - $10,000 Over $100,000
-------------------------------------------------------------------------------

1 Ownership disclosure is made using the following ranges: None; $1 - $10,000;
$10,001 - $50,000; $50,001 - $100,000; and Over $100,000. The amounts listed
for "interested" trustees include shares owned through The Capital Group
Companies, Inc. retirement plan and 401(k) plan.
2 Portfolio counselor resides outside the United States. As such, tax
considerations may adversely influence his or her ability to own shares of the
fund.

TRUSTEE COMPENSATION -- No compensation is paid by the fund to any officer or
trustee who is a director, officer or employee of the investment adviser or its
affiliates. The fund typically pays each non-interested trustee an annual fee of
$20,000. If the aggregate annual fees paid to a non-interested trustee by all
funds advised by the investment adviser is less than $60,000, that
non-interested trustee would be eligible for a $60,000 alternative fee. This
alternative fee is paid by those funds for which the non-interested trustee
serves as a trustee on a pro-rata basis according to each fund's relative share
of the annual fees that it would typically pay. The alternative fee reflects the
significant time and labor commitment required for a trustee to oversee even one
fund. A non-interested trustee who is chairman of the board (an "independent
chair") also receives an additional annual fee of $25,000, paid in equal
portions by the fund and the funds whose boards and committees typically meet
jointly with those of the fund. The fund pays to its independent chair an
attendance fee (as described below) for each meeting of a committee of the board
of trustees attended as a non-voting ex-officio member.

EuroPacific Growth Fund -- Page 13
<PAGE>

In addition, the fund generally pays to non-interested trustees fees of (a)
$2,500 for each board of trustees meeting attended and (b) $1,500 for each
meeting attended as a member of a committee of the board of trustees.

Non-interested trustees also receive attendance fees of (a) $2,500 for each
director seminar or information session organized by the investment adviser, (b)
$1,500 for each joint audit committee meeting with all other audit committees of
funds advised by the investment adviser and (c) $500 for each meeting of the
board or committee chairs of other funds advised by the investment adviser. The
fund and the other funds served by each non-interested trustee each pay an equal
portion of these attendance fees.

The nominating committee of the board of trustees, a committee comprised
exclusively of non-interested trustees, reviews trustee compensation
periodically, and typically recommends adjustments every other year. In making
its recommendations, the nominating committee considers a number of factors,
including operational, regulatory and other developments affecting the
complexity of the board's oversight obligations, as well as comparative industry
data.

No pension or retirement benefits are accrued as part of fund expenses.
Non-interested trustees may elect, on a voluntary basis, to defer all or a
portion of their fees through a deferred compensation plan in effect for the
fund. The fund also reimburses certain expenses of the non-interested trustees.

EuroPacific Growth Fund -- Page 14
<PAGE>

TRUSTEE COMPENSATION PAID DURING THE FISCAL YEAR ENDED MARCH 31, 2006

TOTAL COMPENSATION (INCLUDING
VOLUNTARILY DEFERRED
AGGREGATE COMPENSATION COMPENSATION/1/)
(INCLUDING VOLUNTARILY FROM ALL FUNDS MANAGED BY
DEFERRED COMPENSATION/1/) CAPITAL RESEARCH AND MANAGEMENT
NAME FROM THE FUND COMPANY OR ITS AFFILIATES/2/
------------------------------------------------------------------------------------------------------------------------------------

Elisabeth Allison $40,333 $107,000
------------------------------------------------------------------------------------------------------------------------------------
Vanessa C.L. Chang 40,333 107,000
------------------------------------------------------------------------------------------------------------------------------------
Robert A. Fox/3/ 34,715 251,000
------------------------------------------------------------------------------------------------------------------------------------
Jae H. Hyun 32,500 85,500
------------------------------------------------------------------------------------------------------------------------------------
Koichi Itoh/3/ 35,500 130,834
------------------------------------------------------------------------------------------------------------------------------------
William H. Kling 31,667 177,833
------------------------------------------------------------------------------------------------------------------------------------
John G. McDonald/3/ 31,126 327,500
------------------------------------------------------------------------------------------------------------------------------------
William I. Miller/3/ 38,834 104,500
------------------------------------------------------------------------------------------------------------------------------------
Alessandro Ovi/3/ 36,166 96,500
------------------------------------------------------------------------------------------------------------------------------------
Kirk Pendleton/3/ 35,034 206,500
------------------------------------------------------------------------------------------------------------------------------------
Rozanne L. Ridgway/3/ 39,333 105,000
------------------------------------------------------------------------------------------------------------------------------------

1 Amounts may be deferred by eligible trustees under a nonqualified deferred
compensation plan adopted by the fund in 1993. Deferred amounts accumulate at
an earnings rate determined by the total return of one or more American Funds
as designated by the trustees. Compensation shown in this table for the fiscal
year ended March 31, 2006 does not include earnings on amounts deferred in
previous fiscal years. See footnote 3 to this table for more information.
2 Fund managed by Capital Research and Management Company, including the
American Funds, American Funds Insurance Series,(R) which serves as the
underlying investment vehicle for certain variable insurance contracts, and
Endowments, whose shareholders are limited to certain nonprofit organizations.
3 Since the deferred compensation plan's adoption, the total amount of deferred
compensation accrued by the fund (plus earnings thereon) through the 2006
fiscal year for participating trustees is as follows: Robert A. Fox ($712,416),
Koichi Itoh ($480,843), John G. McDonald ($427,557), William I. Miller
($294,647), Alessandro Ovi ($23,595), Kirk P. Pendleton ($474,252) and Rozanne
L. Ridgway ($51,763). Amounts deferred and accumulated earnings thereon are not
funded and are general unsecured liabilities of the fund until paid to the
trustees.

As of May 1, 2006, the officers and trustees of the fund and their families, as
a group, owned beneficially or of record less than 1% of the outstanding shares
of the fund.

FUND ORGANIZATION AND THE BOARD OF TRUSTEES -- The fund, an open-end,
diversified management investment company, was organized as a Massachusetts
business trust on May 17, 1983. Although the board of trustees has delegated
day-to-day oversight to the investment adviser, all fund operations are
supervised by the fund's board, which meets periodically and performs duties
required by applicable state and federal laws.

Massachusetts common law provides that a trustee of a Massachusetts business
trust owes a fiduciary duty to the trust and must carry out his or her
responsibilities as a trustee in accordance with that fiduciary duty. Generally,
a trustee will satisfy his or her duties if he or she acts in good faith and
uses ordinary prudence.

EuroPacific Growth Fund -- Page 15
<PAGE>

Members of the board who are not employed by the investment adviser or its
affiliates are paid certain fees for services rendered to the fund as described
above. They may elect to defer all or a portion of these fees through a deferred
compensation plan in effect for the fund.

The fund has several different classes of shares, including Class A, B, C, F,
529-A, 529-B, 529-C, 529-E, 529-F, R-1, R-2, R-3, R-4 and R-5 shares. Shares of
each class represent an interest in the same investment portfolio. Each class
has pro rata rights as to voting, redemption, dividends and liquidation, except
that each class bears different distribution expenses and may bear different
transfer agent fees and other expenses properly attributable to the particular
class as approved by the board of trustees and set forth in the fund's rule
18f-3 Plan. Each class' shareholders have exclusive voting rights with respect
to the respective class' rule 12b-1 plans adopted in connection with the
distribution of shares and on other matters in which the interests of one class
are different from interests in another class. Shares of all classes of the fund
vote together on matters that affect all classes in substantially the same
manner. Each class votes as a class on matters that affect that class alone.
Note that CollegeAmerica/(R)/ account owners invested in Class 529 shares are
not shareholders of the fund and, accordingly, do not have the rights of a
shareholder, such as the right to vote proxies relating to fund shares. As the
legal owner of the fund's Class 529 shares, the Virginia College Savings
Plan/SM/ will vote any proxies relating to such fund shares.

The fund does not hold annual meetings of shareholders. However, significant
matters that require shareholder approval, such as certain elections of board
members or a change in a fundamental investment policy, will be presented to
shareholders at a meeting called for such purpose. Shareholders have one vote
per share owned. At the request of the holders of at least 10% of the shares,
the fund will hold a meeting at which any member of the board could be removed
by a majority vote.

The fund's Declaration of Trust and by-laws as well as separate indemnification
agreements that the fund has entered into with non-interested trustees provide
in effect that, subject to certain conditions, the fund will indemnify its
officers and trustees against liabilities or expenses actually and reasonably
incurred by them relating to their service to the fund. However, trustees are
not protected from liability by reason of their willful misfeasance, bad faith,
gross negligence or reckless disregard of the duties involved in the conduct of
their office.

COMMITTEES OF THE BOARD OF TRUSTEES -- The fund has an audit committee comprised
of Elisabeth Allison, Vanessa C.L. Chang, Robert A. Fox, Kirk P. Pendleton and
Rozanne L. Ridgway, none of whom is an "interested person" of the fund within
the meaning of the 1940 Act. The committee provides oversight regarding the
fund's accounting and financial reporting policies and practices, its internal
controls and the internal controls of the fund's principal service providers.
The committee acts as a liaison between the fund's independent registered public
accounting firm and the full board of trustees. Six audit committee meetings
were held during the 2006 fiscal year.

The fund has a governance and contracts committee comprised of Elisabeth
Allison, Vanessa C.L. Chang, Robert A. Fox, Jae H. Hyun, Koichi Itoh, William H.
Kling, John G. McDonald, William I. Miller, Alessandro Ovi, Kirk P. Pendleton
and Rozanne L. Ridgway, none of whom is an "interested person" of the fund
within the meaning of the 1940 Act. The committee's principal function is to
request, review and consider the information deemed necessary to evaluate the
terms of certain agreements between the fund and its investment adviser or the
investment adviser's affiliates, such as the Investment Advisory and Service
Agreement, Principal

EuroPacific Growth Fund -- Page 16
<PAGE>

Underwriting Agreement, Administrative Services Agreement and Plans of
Distribution adopted pursuant to rule 12b-1 under the 1940 Act, that the fund
may enter into, renew or continue, and to make its recommendations to the full
board of trustees on these matters. One governance and contracts committee
meeting was held during the 2006 fiscal year.

The fund has a nominating committee comprised of Jae H. Hyun, Koichi Itoh,
William H. Kling, John G. McDonald and Alessandro Ovi, none of whom is an
"interested person" of the fund within the meaning of the 1940 Act. The
committee periodically reviews such issues as the board's composition,
responsibilities, committees, compensation and other relevant issues, and
recommends any appropriate changes to the full board of trustees. The committee
also evaluates, selects and nominates non-interested trustee candidates to the
full board of trustees. While the committee normally is able to identify from
its own and other resources an ample number of qualified candidates, it will
consider shareholder suggestions of persons to be considered as nominees to fill
future vacancies on the board. Such suggestions must be sent in writing to the
nominating committee of the fund, addressed to the fund's secretary, and must be
accompanied by complete biographical and occupational data on the prospective
nominee, along with a written consent of the prospective nominee for
consideration of his or her name by the committee. One nominating committee
meeting was held during the 2006 fiscal year.

PROXY VOTING PROCEDURES AND GUIDELINES -- The fund and its investment adviser
have adopted Proxy Voting Guidelines (the "Guidelines") with respect to voting
proxies of securities held by the fund, other American Funds, Endowments and
American Funds Insurance Series. Certain American Funds have established
separate proxy committees that vote proxies or delegate to a voting officer the
authority to vote on behalf of those funds. Proxies for all other funds are
voted by a committee of the investment adviser under authority delegated by
those funds' boards. Therefore, if more than one fund invests in the same
company, they may vote differently on the same proposal.

All U.S. proxies are voted. Non-U.S. proxies also are voted, provided there is
sufficient time and information available. After a proxy is received, the
investment adviser prepares a summary of the proposals in the proxy. A
discussion of any potential conflicts of interest is also included in the
summary. After reviewing the summary, one or more research analysts familiar
with the company and industry make a voting recommendation on the proxy
proposals. A second recommendation is made by a proxy coordinator (a senior
investment professional) based on the individual's knowledge of the Guidelines
and familiarity with proxy-related issues. The proxy summary and voting
recommendations are then sent to the appropriate proxy voting committee for the
final voting decision.

The analyst and proxy coordinator making voting recommendations are responsible
for noting any potential material conflicts of interest. One example might be
where a director of one or more American Funds is also a director of a company
whose proxy is being voted. In such instances, proxy committee members are
alerted to the potential conflict. The proxy committee may then elect to vote
the proxy or seek a third-party recommendation or vote of an ad hoc group of
committee members.

The Guidelines, which have been in effect in substantially their current form
for many years, provide an important framework for analysis and decision-making
by all funds. However, they are not exhaustive and do not address all potential
issues. The Guidelines provide a certain amount of flexibility so that all
relevant facts and circumstances can be considered in connection with every
vote. As a result, each proxy received is voted on a case-by-case basis
considering the

EuroPacific Growth Fund -- Page 17
<PAGE>

specific circumstances of each proposal. The voting process reflects the funds'
understanding of the company's business, its management and its relationship
with shareholders over time.

Information regarding how the fund voted proxies relating to portfolio
securities during the 12-month period ended June 30 of each year will be
available on or about September 1 of each year (a) without charge, upon request
by calling American Funds Service Company at 800/421-0180, (b) on the American
Funds website at www.americanfunds.com and (c) on the SEC's website at sec.gov.

The following summary sets forth the general positions of the American Funds,
Endowments, American Funds Insurance Series and the investment adviser on
various proposals. A copy of the full Guidelines is available upon request, free
of charge, by calling American Funds Service Company at 800/421-0180 or visiting
the American Funds website.

DIRECTOR MATTERS -- The election of a company's slate of nominees for
director is generally supported. Votes may be withheld for some or all of
the nominees if this is determined to be in the best interest of
shareholders. Separation of the chairman and CEO positions may also be
supported. Typically, proposals to declassify the board (elect all
directors annually) are supported based on the belief that this increases
the directors' sense of accountability to shareholders.

SHAREHOLDER RIGHTS -- Proposals to repeal an existing poison pill, to
provide for confidential voting and to provide for cumulative voting are
usually supported. Proposals to eliminate the right of shareholders to act
by written consent or to take away a shareholder's right to call a special
meeting are not typically supported.

COMPENSATION AND BENEFIT PLANS -- Option plans are complicated, and many
factors are considered in evaluating a plan. Each plan is evaluated based
on protecting shareholder interests and a knowledge of the company and its
management. Considerations include the pricing (or repricing) of options
awarded under the plan and the impact of dilution on existing shareholders
from past and future equity awards. Compensation packages should be
structured to attract, motivate and retain existing employees and qualified
directors; however, they should not be excessive.
ROUTINE MATTERS -- The ratification of auditors, procedural matters
relating to the annual meeting and changes to company name are examples of
items considered routine. Such items are generally voted in favor of
management's recommendations unless circumstances indicate otherwise.

PRINCIPAL FUND SHAREHOLDERS -- The following table identifies those investors
who own of record or are known by the fund to own beneficially 5% or more of any
class of its shares as of the opening of business on May 1, 2006. Unless
otherwise indicated, the ownership percentages below represent ownership of
record rather than beneficial ownership.

EuroPacific Growth Fund -- Page 18
<PAGE>

NAME AND ADDRESS OWNERSHIP PERCENTAGE
----------------------------------------------------------------------------

Edward D. Jones & Co. Class A 6.56%
201 Progress Parkway
Maryland Heights, MO 63043-3009
----------------------------------------------------------------------------
Citigroup Global Markets, Inc. Class B 9.76
333 W. 34th Street Class C 21.47
New York, NY 10001-2402 Class F 8.28
----------------------------------------------------------------------------
MLPF&S Class B 6.62
4800 Deer Lake Drive East, Floor 2 Class C 18.48
Jacksonville, FL 32246-6484 Class R-3 12.32
----------------------------------------------------------------------------
Charles Schwab & Co., Inc. Class F 16.34
101 Montgomery Street Class R-4 6.67
San Francisco, CA 94104-4122
----------------------------------------------------------------------------
Hartford Life Insurance Co. Class R-1 26.82
P.O. Box 2999
Hartford, CT 06104-2999
----------------------------------------------------------------------------
AST Trust Co. Class R-1 6.40
P.O. Box 52129
Phoenix, AZ 85072-2129
----------------------------------------------------------------------------
ING National Trust Class R-2 6.24
151 Farmington Avenue, #TN41
Hartford, CT 06156-0001
----------------------------------------------------------------------------
John Hancock Life Ins. Co, USA Class R-3 12.00
250 Bloor Street East, 7th Floor
Toronto, Ontario
Canada M4W 1E5
----------------------------------------------------------------------------
Delaware Charter Guarantee & Trust Class R-3 6.87
711 High Street
Des Moines, IA 50392-0001
----------------------------------------------------------------------------
Great-West Life & Annuity Ins. Co. Class R-3 6.10
8515 E. Orchard Road, #2T2
Greenwood Village, CO 80111-5002
----------------------------------------------------------------------------
Fidelity Investments Institutional Operations Co. Class R-4 7.63
100 Magellan Way KWIC Class R-5 8.56
Covington, KY 41015
----------------------------------------------------------------------------
Wells Fargo Bank, NA Class R-5 5.76
P.O. Box 1533
Minneapolis, MN 55480-1533
----------------------------------------------------------------------------
Patterson & Co. Class R-5 5.64
1525 West WT Harris Boulevard
Charlotte, NC 28288
----------------------------------------------------------------------------

EuroPacific Growth Fund -- Page 19
<PAGE>

INVESTMENT ADVISER -- Capital Research and Management Company, the investment
adviser, founded in 1931, maintains research facilities in the United States and
abroad (Los Angeles, San Francisco, New York, Washington, DC, London, Geneva,
Hong Kong, Singapore and Tokyo). These facilities are staffed with experienced
investment professionals. The investment adviser is located at 333 South Hope
Street, Los Angeles, CA 90071 and 135 South State College Boulevard, Brea, CA
92821. It is a wholly owned subsidiary of The Capital Group Companies, Inc., a
holding company for several investment management subsidiaries. The investment
adviser manages equity assets for the American Funds through two divisions.
These divisions generally function separately from each other with respect to
investment research activities and they make investment decisions for the funds
on a separate basis.

POTENTIAL CONFLICTS OF INTEREST -- The investment adviser has adopted policies
and procedures that address conflicts of interest that may arise between a
portfolio counselor's management of the fund and his or her management of other
funds and accounts. Potential areas of conflict could involve allocation of
investment opportunities and trades among funds and accounts, use of information
regarding the timing of fund trades, personal investing activities, portfolio
counselor compensation and proxy voting of portfolio securities. The investment
adviser has adopted policies and procedures that it believes are reasonably
designed to address these conflicts. However, there is no guarantee that such
policies and procedures will be effective or that the investment adviser will
anticipate all potential conflicts of interest.

COMPENSATION OF INVESTMENT PROFESSIONALS -- As described in the prospectus, the
investment adviser uses a system of multiple portfolio counselors in managing
fund assets. In addition, Capital Research and Management Company's investment
analysts may make investment decisions with respect to a portion of a fund's
portfolio within their research coverage. Portfolio counselors and investment
analysts may also manage assets in other mutual funds advised by Capital
Research and Management Company.

Portfolio counselors and investment analysts are paid competitive salaries by
Capital Research and Management Company. In addition, they may receive bonuses
based on their individual portfolio results. Investment professionals also may
participate in profit-sharing plans. The relative mix of compensation
represented by bonuses, salary and profit-sharing will vary depending on the
individual's portfolio results, contributions to the organization and other
factors. In order to encourage a long-term focus, bonuses based on investment
results are calculated by comparing pretax total returns to relevant benchmarks
over both the most recent year and a four-year rolling average, with the greater
weight placed on the four-year rolling average. For portfolio counselors,
benchmarks may include measures of the marketplaces in which the relevant fund
invests and measures of the results of comparable mutual funds. For investment
analysts, benchmarks may include relevant market measures and appropriate
industry or sector indexes reflecting their areas of expertise. Capital Research
and Management Company also separately compensates analysts for the quality of
their research efforts. The benchmarks against which EuroPacific Growth Fund
portfolio counselors are measured include: MSCI All Country World Index ex-USA
and Lipper International Funds Index.

PORTFOLIO COUNSELOR FUND HOLDINGS AND OTHER MANAGED ACCOUNTS -- As described
below, portfolio counselors may personally own shares of the fund. In addition,
portfolio counselors may manage a portion of other mutual funds or accounts
advised by Capital Research and Management Company or its affiliates.

EuroPacific Growth Fund -- Page 20
<PAGE>

THE FOLLOWING TABLE REFLECTS INFORMATION AS OF MARCH 31, 2006:

NUMBER NUMBER
OF OTHER OF OTHER NUMBER
REGISTERED POOLED OF OTHER
INVESTMENT INVESTMENT ACCOUNTS
COMPANIES (RICS) VEHICLES (PIVS) THAT
THAT THAT PORTFOLIO
PORTFOLIO PORTFOLIO COUNSELOR
DOLLAR RANGE COUNSELOR COUNSELOR MANAGES AND
OF FUND MANAGES AND MANAGES AND ASSETS OF
PORTFOLIO SHARES ASSETS OF RICS ASSETS OF PIVS OTHER ACCOUNTS
COUNSELOR OWNED/1/ IN BILLIONS/2/ IN BILLIONS/3/ IN BILLIONS/4/
-------------------------------------------------------------------------------------------

Mark E. Denning None/5/ 6 $221.2 2 $0.06 None
--------------------------------------------------------------------------------------------
Stephen E. Bepler $500,001 -- 2 $140.8 1 $0.05 None
$1,000,000
--------------------------------------------------------------------------------------------
Robert W. Over 3 $131.9 1 $0.42 None
Lovelace $1,000,000
--------------------------------------------------------------------------------------------
Nicholas J. Grace $10,001 -- 1 $ 76.3 None None
$50,000
--------------------------------------------------------------------------------------------
Alwyn W. Heong $500,001 -- 2 $ 84.6 None None
$1,000,000
--------------------------------------------------------------------------------------------
Carl M. Kawaja $500,001 -- 4 $194.7 1 $0.42 None
$1,000,000
--------------------------------------------------------------------------------------------
Sung Lee $100,001 -- 1 $ 76.3 None None
$500,000
--------------------------------------------------------------------------------------------
Timothy P. Dunn $100,001 -- 2 $189.4 None None
$500,000
--------------------------------------------------------------------------------------------

1 Ownership disclosure is made using the following ranges: None; $1 - $10,000;
$10,001 - $50,000; $50,001 - $100,000; $100,001 - $500,000; $500,001 -
$1,000,000; and Over $1,000,000. The amounts listed include shares owned
through The Capital Group Companies, Inc. retirement plan and 401(k) plan.
2 Indicates fund(s) where the portfolio counselor also has significant
responsibilities for the day to day management of the fund(s). Assets noted are
the total net assets of the registered investment companies and are not
indicative of the total assets managed by the individual, which is a
substantially lower amount.
3 Represents funds advised or sub-advised by Capital Research and Management
Company and sold outside the United States and/ or fixed-income assets in
institutional accounts managed by investment adviser subsidiaries of Capital
Group International, Inc., an affiliate of Capital Research and Management
Company. Assets noted are the total net assets of the fund or account and are
not indicative of the total assets managed by the individual, which is a
substantially lower amount.
4 Reflects other professionally managed accounts held at companies affiliated
with Capital Research and Management Company. Personal brokerage accounts of
portfolio counselors and their families are not reflected.
5 Portfolio counselor resides outside the United States. As such, tax
considerations may adversely influence his or her ability to own shares of the
fund.

INVESTMENT ADVISORY AND SERVICE AGREEMENT -- The Investment Advisory and Service
Agreement (the "Agreement") between the fund and the investment adviser will
continue in effect until December 31, 2006, unless sooner terminated, and may be
renewed from year to year thereafter, provided that any such renewal has been
specifically approved at least annually by (a) the board of trustees, or by the
vote of a majority (as defined in the 1940 Act) of the outstanding voting
securities of the fund, and (b) the vote of a majority of trustees who are not

EuroPacific Growth Fund -- Page 21
<PAGE>

parties to the Agreement or interested persons (as defined in the 1940 Act) of
any such party, cast in person at a meeting called for the purpose of voting on
such approval. The Agreement provides that the investment adviser has no
liability to the fund for its acts or omissions in the performance of its
obligations to the fund not involving willful misconduct, bad faith, gross
negligence or reckless disregard of its obligations under the Agreement. The
Agreement also provides that either party has the right to terminate it, without
penalty, upon 60 days' written notice to the other party, and that the Agreement
automatically terminates in the event of its assignment (as defined in the 1940
Act).

In addition to providing investment advisory services, the investment adviser
furnishes the services and pays the compensation and travel expenses of persons
to perform the fund's executive, administrative, clerical and bookkeeping
functions, and provides suitable office space, necessary small office equipment
and utilities, general purpose accounting forms, supplies and postage used at
the fund's offices. The fund pays all expenses not assumed by the investment
adviser, including, but not limited to, custodian, stock transfer and dividend
disbursing fees and expenses; shareholder recordkeeping and administrative
expenses; costs of the designing, printing and mailing of reports, prospectuses,
proxy statements and notices to its shareholders; taxes; expenses of the
issuance and redemption of fund shares (including stock certificates,
registration and qualification fees and expenses); expenses pursuant to the
fund's plans of distribution (described below); legal and auditing expenses;
compensation, fees and expenses paid to non-interested trustees; association
dues; costs of stationery and forms prepared exclusively for the fund; and costs
of assembling and storing shareholder account data.

As compensation for its services, the investment adviser receives a monthly fee
that is accrued daily, calculated at the annual rate of 0.69% on the first $500
million of the fund's average net assets, 0.59% of such net assets in excess of
$500 million but not exceeding $1.0 billion, 0.53% of such net assets in excess
of $1.0 billion but not exceeding $1.5 billion, 0.50% of such net assets in
excess of $1.5 billion but not exceeding $2.5 billion, 0.48% of such net assets
in excess of $2.5 billion but not exceeding $4.0 billion, 0.47% of such net
assets in excess of $4.0 billion but not exceeding $6.5 billion, 0.46% of such
net assets in excess of $6.5 billion but not exceeding $10.5 billion, 0.45% of
such net assets in excess of $10.5 billion but not exceeding $17 billion, 0.44%
of such net assets in excess of $17 billion but not exceeding $21 billion, 0.43%
of such net assets in excess of $21 billion but not exceeding $27 billion,
0.425% of such net assets in excess of $27 billion but not exceeding $34
billion, 0.42% of such net assets in excess of $34 billion but not exceeding $44
billion, 0.415% of such net assets in excess of $44 billion but not exceeding
$55 billion, 0.410% of such net assets in excess of $55 billion but not
exceeding $71 billion, and 0.405% of such net assets in excess of $71 billion.

The investment adviser has agreed that in the event the Class A expenses of the
fund (with the exclusion of interest, taxes, brokerage costs, distribution
expenses pursuant to a plan under rule 12b-1 and extraordinary expenses such as
litigation and acquisitions or other expenses excludable under applicable state
securities laws or regulations) for any fiscal year ending on a date on which
the Agreement is in effect, exceed the expense limitations, if any, applicable
to the fund pursuant to state securities laws or any related regulations, it
will reduce its fee by the extent of such excess and, if required pursuant to
any such laws or any regulations thereunder, will reimburse the fund in the
amount of such excess. To the extent the fund's management fee must be waived
due to Class A share expense ratios exceeding the above limit, management fees
will be reduced similarly for all classes of shares of the fund, or other Class
A fees will be waived in lieu of management fees.

EuroPacific Growth Fund -- Page 22
<PAGE>

For the fiscal years ended March 31, 2006 and 2005, the investment adviser was
entitled to receive from the fund management fees of $279,176,000 and
$204,588,000, respectively. After giving effect to the management fee waiver
described below, the fund paid the investment adviser management fees of
$251,258,000 (a reduction of $27,918,000) and $198,264,000 (a reduction of
$6,324,000) for the fiscal years ended March 31, 2006 and 2005, respectively.
For the fiscal year ended March 31, 2004, the fund paid the investment adviser
management fees of $144,962,000.

For the period from September 1, 2004 through March 31, 2005, the investment
adviser agreed to waive 5% of the management fees that it was otherwise entitled
to receive under the Agreement. Beginning April 1, 2005, this waiver increased
to 10% of the management fees that the investment adviser is otherwise entitled
to receive and is expected to continue at this level until further review. As a
result of this waiver, management fees will be reduced similarly for all classes
of shares of the fund.

ADMINISTRATIVE SERVICES AGREEMENT -- The Administrative Services Agreement (the
"Administrative Agreement") between the fund and the investment adviser relating
to the fund's Class C, F, R and 529 shares will continue in effect until
December 31, 2006, unless sooner terminated, and may be renewed from year to
year thereafter, provided that any such renewal has been specifically approved
at least annually by the vote of a majority of trustees who are not parties to
the Administrative Agreement or interested persons (as defined in the 1940 Act)
of any such party, cast in person at a meeting called for the purpose of voting
on such approval. The fund may terminate the Administrative Agreement at any
time by vote of a majority of non-interested trustees. The investment adviser
has the right to terminate the Administrative Agreement upon 60 days' written
notice to the fund. The Administrative Agreement automatically terminates in the
event of its assignment (as defined in the 1940 Act).

Under the Administrative Agreement, the investment adviser provides certain
transfer agent and administrative services for shareholders of the fund's Class
C and F shares, and all Class R and 529 shares. The investment adviser contracts
with third parties, including American Funds Service Company, the fund's
Transfer Agent, to provide these services. Services include, but are not limited
to, shareholder account maintenance, transaction processing, tax information
reporting and shareholder and fund communications. In addition, the investment
adviser monitors, coordinates and oversees the activities performed by third
parties providing such services. For Class R-1 and R-2 shares, the investment
adviser has agreed to pay a portion of the fees payable under the Administrative
Agreement that would otherwise have been paid by the fund. For the year ended
March 31, 2006, the total fees paid by the investment adviser were $630,000.

As compensation for its services, the investment adviser receives transfer agent
fees for transfer agent services provided to the fund's Class C, F, R and 529
shares. Transfer agent fees are paid monthly according to a fee schedule
contained in a Shareholder Services Agreement between the fund and American
Funds Service Company. The investment adviser also receives an administrative
services fee at the annual rate of up to 0.15% of the average daily net assets
for Class C, F, R (excluding Class R-5 shares) and 529 shares for administrative
services provided to these share classes. Administrative services fees are paid
monthly and accrued daily. The investment adviser uses a portion of this fee to
compensate third parties for administrative services provided to the fund. Of
the remainder, the investment adviser will not retain more than 0.05% of the
average daily net assets for each applicable share class. For Class R-5 shares,
the

EuroPacific Growth Fund -- Page 23
<PAGE>

administrative services fee is calculated at the annual rate of up to 0.10% of
the average daily net assets. This fee is subject to the same uses and
limitations described above.

During the 2006 fiscal year, administrative services fees, gross of any payments
made by the investment adviser, were:

ADMINISTRATIVE SERVICES FEE
--------------------------------------------------------------------------------

CLASS C $3,182,000
--------------------------------------------------------------------------------
CLASS F 5,867,000
--------------------------------------------------------------------------------
CLASS 529-A 267,000
--------------------------------------------------------------------------------
CLASS 529-B 65,000
--------------------------------------------------------------------------------
CLASS 529-C 148,000
--------------------------------------------------------------------------------
CLASS 529-E 17,000
--------------------------------------------------------------------------------
CLASS 529-F 16,000
--------------------------------------------------------------------------------
CLASS R-1 78,000
--------------------------------------------------------------------------------
CLASS R-2 2,782,000
--------------------------------------------------------------------------------
CLASS R-3 5,464,000
--------------------------------------------------------------------------------
CLASS R-4 5,641,000
--------------------------------------------------------------------------------
CLASS R-5 6,332,000
--------------------------------------------------------------------------------

PRINCIPAL UNDERWRITER AND PLANS OF DISTRIBUTION -- American Funds Distributors,
Inc. (the "Principal Underwriter") is the principal underwriter of the fund's
shares. The Principal Underwriter is located at 333 South Hope Street, Los
Angeles, CA 90071; 135 South State College Boulevard, Brea, CA 92821; 3500
Wiseman Boulevard, San Antonio, TX 78251; 8332 Woodfield Crossing Boulevard,
Indianapolis, IN 46240; and 5300 Robin Hood Road, Norfolk, VA 23513.

The Principal Underwriter receives revenues from sales of the fund's shares. For
Class A and 529-A shares, the Principal Underwriter receives commission revenue
consisting of that portion of the Class A and 529-A sales charge remaining after
the allowances by the Principal Underwriter to investment dealers. For Class B
and 529-B shares, the Principal Underwriter sells the rights to the 12b-1 fees
paid by the fund for distribution expenses to a third party and receives the
revenue remaining after compensating investment dealers for sales of Class B and
529-B shares. The fund also pays the Principal Underwriter for advancing the
immediate service fees paid to qualified dealers of Class B and 529-B shares.
For Class C and 529-C shares, the Principal Underwriter receives any contingent
deferred sales charges that apply during the first year after purchase. The fund
pays the Principal Underwriter for advancing the immediate service fees and
commissions paid to qualified dealers of Class C and 529-C shares. For Class
529-E shares, the fund pays the Principal Underwriter for advancing the
immediate service fees and commissions paid to qualified dealers. For Class F
and 529-F shares, the fund pays the Principal Underwriter for advancing the
immediate service fees paid to qualified dealers and advisers who sell Class F
and 529-F shares. For Class R-1, R-2, R-3 and R-4 shares, the fund pays the

EuroPacific Growth Fund -- Page 24
<PAGE>

Principal Underwriter for advancing the immediate service fees paid to qualified
dealers and advisers who sell Class R-1, R-2, R-3 and R-4 shares.

Commissions, revenue or service fees retained by the Principal Underwriter after
allowances or compensation to dealers were:

COMMISSIONS, ALLOWANCE OR

REVENUE COMPENSATION

FISCAL YEAR/PERIOD OR FEES RETAINED TO DEALERS
-----------------------------------------------------------------------------------------------------

CLASS A 2006 $13,754,000 $61,703,000
2005 8,978,000 40,142,000
2004 6,044,000 27,055,000
CLASS B 2006 806,000 6,365,000
2005 845,000 6,098,000
2004 702,000 5,754,000
-----------------------------------------------------------------------------------------------------
CLASS C 2006 0 7,683,000
2005 752,000 5,403,000
2004 0 4,909,000
-----------------------------------------------------------------------------------------------------
CLASS 529-A 2006 660,000 3,058,000
2005 456,000 2,117,000
2004 283,000 1,298,000
-----------------------------------------------------------------------------------------------------
CLASS 529-B 2006 56,000 324,000
2005 77,000 379,000
2004 68,000 398,000
-----------------------------------------------------------------------------------------------------
CLASS 529-C 2006 0 432,000
2005 0 310,000
2004 0 232,000
-----------------------------------------------------------------------------------------------------

The fund has adopted plans of distribution (the "Plans") pursuant to rule 12b-1
under the 1940 Act. The Principal Underwriter receives amounts payable pursuant
to the Plans (see below). As required by rule 12b-1 and the 1940 Act, the Plans
(together with the Principal Underwriting Agreement) have been approved by the
full board of trustees and separately by a majority of the

EuroPacific Growth Fund -- Page 25
<PAGE>

non-interested trustees of the fund and who have no direct or indirect financial
interest in the operation of the Plans or the Principal Underwriting Agreement.
Potential benefits of the Plans to the fund include quality shareholder
services; savings to the fund in transfer agency costs; and benefits to the
investment process from growth or stability of assets. The selection and
nomination of non-interested trustees are committed to the discretion of the
non-interested trustees during the existence of the Plans. The Plans may not be
amended to increase materially the amount spent for distribution without
shareholder approval. Plan expenses are reviewed quarterly and the Plans must be
renewed annually by the board of trustees.

Under the Plans, the fund may annually expend the following amounts to finance
any activity primarily intended to result in the sale of fund shares, provided
the fund's board of trustees has approved the category of expenses for which
payment is being made: (a) for Class A shares, up to 0.25% of the average daily
net assets attributable to Class A shares; (b) for Class 529-A shares, up to
0.50% of the average daily net assets attributable to Class 529-A shares; (c)
for Class B and 529-B shares, up to 1.00% of the average daily net assets
attributable to Class B and 529-B shares, respectively; (d) for Class C and
529-C shares, up to 1.00% of the average daily net assets attributable to Class
C and 529-C shares, respectively; (e) for Class 529-E shares, up to 0.75% of the
average daily net assets attributable to Class 529-E shares; (f) for Class F and
529-F shares, up to 0.50% of the average daily net assets attributable to Class
F and 529-F shares, respectively; (g) for Class R-1 shares, up to 1.00% of the
average daily net assets attributable to Class R-1 shares; (h) for Class R-2
shares, up to 1.00% of the average daily net assets attributable to Class R-2
shares; (i) for Class R-3 shares, up to 0.75% of the average daily net assets
attributable to Class R-3 shares; and (j) for Class R-4 shares, up to 0.50% of
the average daily net assets attributable to Class R-4 shares. The fund has not
adopted a Plan for Class R-5 shares; accordingly, no 12b-1 fees are paid from
Class R-5 share assets.

For Class A and 529-A shares: (a) up to 0.25% is reimbursed to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers, and (b) up to the amount allowable under the fund's Class
A and 529-A 12b-1 limit is reimbursed to the Principal Underwriter for paying
distribution-related expenses, including for Class A and 529-A shares dealer
commissions and wholesaler compensation paid on sales of shares of $1 million or
more purchased without a sales charge (including purchases by employer-sponsored
defined contribution-type retirement plans investing $1 million or more or with
100 or more eligible employees, and retirement plans, endowments and foundations
with $50 million or more in assets -- "no load purchases"). Commissions on no
load purchases of Class A and 529-A shares in excess of the Class A and 529-A
plan limitations not reimbursed to the Principal Underwriter during the most
recent fiscal quarter are recoverable for five quarters, provided that such
commissions do not exceed the annual expense limit. After five quarters, these
commissions are not recoverable. As of March 31, 2006, unreimbursed expenses
which remain subject to reimbursement under the Plan for Class A shares totaled
$13,749,000 or 0.03% of Class A net assets.

For Class B and 529-B shares: (a) up to 0.25% is paid to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers, and (b) 0.75% is paid to the Principal Underwriter for
distribution-related expenses, including the financing of commissions paid to
qualified dealers.

For Class C and 529-C shares: (a) up to 0.25% is paid to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers, and (b) up to 0.75%

EuroPacific Growth Fund -- Page 26
<PAGE>

is paid to the Principal Underwriter for paying distribution-related expenses,
including commissions paid to qualified dealers.

For Class 529-E shares: currently (a) up to 0.25% is paid to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers, and (b) up to 0.25% is paid to the Principal Underwriter
for paying distribution-related expenses, including commissions paid to
qualified dealers.

For Class F and 529-F shares: currently up to 0.25% is paid to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers or advisers.

For Class R-1 shares: (a) up to 0.25% is paid to the Principal Underwriter for
paying service-related expenses, including paying service fees to qualified
dealers, and (b) up to 0.75% is paid to the Principal Underwriter for
distribution-related expenses, including commissions paid to qualified dealers.

For Class R-2 shares: currently (a) up to 0.25% is paid to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers, and (b) up to 0.50% is paid to the Principal Underwriter
for paying distribution-related expenses, including commissions paid to
qualified dealers.

For Class R-3 shares: currently (a) up to 0.25% is paid to the Principal
Underwriter for paying service-related expenses, including paying service fees
to qualified dealers, and (b) up to 0.25% is paid to the Principal Underwriter
for paying distribution-related expenses, including commissions paid to
qualified dealers.

For Class R-4 shares: currently up to 0.25% is paid to the Principal Underwriter
for paying service-related expenses, including paying service fees to qualified
dealers or advisers.

As of the end of the 2006 fiscal year, total 12b-1 expenses, and the portion of
the expenses that remained unpaid, were:

12B-1 UNPAID LIABILITY
12B-1 EXPENSES OUTSTANDING
------------------------------------------------------------------------------------------------

CLASS A $104,956,000 $8,584,000
------------------------------------------------------------------------------------------------
CLASS B 11,134,000 1,151,000
------------------------------------------------------------------------------------------------
CLASS C 19,614,000 2,209,000
------------------------------------------------------------------------------------------------
CLASS F 12,411,000 1,371,000
------------------------------------------------------------------------------------------------
CLASS 529-A 461,000 51,000
------------------------------------------------------------------------------------------------
CLASS 529-B 488,000 53,000
------------------------------------------------------------------------------------------------
CLASS 529-C 1,177,000 134,000
------------------------------------------------------------------------------------------------
CLASS 529-E 82,000 10,000
------------------------------------------------------------------------------------------------
CLASS 529-F 3,000 0
------------------------------------------------------------------------------------------------
CLASS R-1 398,000 53,000
------------------------------------------------------------------------------------------------
CLASS R-2 3,881,000 451,000
------------------------------------------------------------------------------------------------
CLASS R-3 15,515,000 1,761,000
------------------------------------------------------------------------------------------------
CLASS R-4 9,021,000 1,096,000
------------------------------------------------------------------------------------------------

EuroPacific Growth Fund -- Page 27
<PAGE>

OTHER COMPENSATION TO DEALERS -- As of January 2006, the top dealers (or their
affiliates) that American Funds Distributors anticipates will receive additional
compensation (as described in the prospectus) include:

A. G. Edwards & Sons, Inc.
AIG Advisors Group:
Advantage Capital
AIG Financial Advisors
FSC
Royal Alliance
American General Securities Inc.
Ameritas Investment Corp.
AXA Advisors, LLC
Cadaret, Grant & Co., Inc.
Cambridge Investment Research, Inc.
Capital Analysts, Inc.
Commonwealth Financial Network
Cuna Brokerage Services, Inc.
Deutsche Bank Securities Inc.
Edward Jones
Ferris, Baker Watts, Inc.
Genworth Financial Securities Corp.
Hefren-Tillotson, Inc.
Hornor, Townsend & Kent, Inc.
ING Advisors Network Inc.:
Bancnorth Investment Group
Financial Network
ING Financial Advisors
ING Financial Partners
Multi - Financial
Primevest
InterSecurities, Inc./Transamerica Financial Advisors, Inc.
Investacorp, Inc.
Janney Montgomery Scott LLC
Jefferson Pilot Securities Corporation
JJB Hilliard, WL Lyons, Inc./PNC Bank
Legg Mason Wood Walker, Inc.
Lincoln Financial Advisors Corporation
McDonald Investments Inc./Society National Bank
Merrill Lynch, Pierce, Fenner & Smith Inc.
Metlife Enterprises

EuroPacific Growth Fund -- Page 28
<PAGE>

MML Investors Services, Inc.
Morgan Keegan & Company, Inc.
Morgan Stanley DW
NatCity Investment, Inc.
National Planning Holdings Inc.:
Invest
Investment Centers of America
National Planning Corp
SII Investments
NFP Securities, Inc.
Northwestern Mutual Investment Services, LLC.
Pacific Select Group, LLC.:
Associated Securities
Contemporary Financial
Mutual Service Corporation
United Planners
Waterstone
Park Avenue Securities LLC
Piper Jaffray & Co.
Princor Financial Services
ProEquities, Inc.
Raymond James Financial Services/Raymond James & Associates
RBC Dain Rauscher Inc.
Robert W. Baird & Co. Inc.
Securian Financial Services/C.R.I. Securities Inc.
Securities Service Network Inc.
Signator Investors, Inc.
Smith Barney
Stifel, Nicolaus & Company, Inc.
The O.N. Equity Sales Company
UBS Financial Services Inc.
US Bancorp Investments, Inc.
Wachovia Securities

EXECUTION OF PORTFOLIO TRANSACTIONS

As described in the prospectus, the investment adviser places orders with
broker-dealers for the fund's portfolio transactions. Portfolio transactions for
the fund may be executed as part of concurrent authorizations to purchase or
sell the same security for other funds served by the investment adviser, or for
trusts or other accounts served by affiliated companies of the investment
adviser. When such concurrent authorizations occur, the objective is to allocate
the executions in an equitable manner.

Brokerage commissions paid on portfolio transactions, including investment
dealer concessions on underwritings, if applicable, for the fiscal years ended
March 31, 2006, 2005 and 2004 amounted to $79,171,066, $54,644,000 and
$37,886,000, respectively. With respect to fixed-income securities, brokerage
commissions include explicit investment dealer concessions and may exclude other
transaction costs which may be reflected in the spread between the bid and asked
price. The increase in brokerage commissions paid since 2004 is attributable to
growth in

EuroPacific Growth Fund -- Page 29
<PAGE>

the sale of the fund's shares since 2004, which has led the fund to purchase
additional securities for its portfolio, thereby increasing brokerage
commissions paid.

The fund is required to disclose information regarding investments in the
securities of its "regular" broker-dealers (or parent companies of its regular
broker-dealers) that derive more than 15% of their revenue from broker-dealer,
underwriter or investment adviser activities. A regular broker-dealer is (a) one
of the 10 broker-dealers that received from the fund the largest amount of
brokerage commissions by participating, directly or indirectly, in the fund's
portfolio transactions during the fund's most recent fiscal year; (b) one of the
10 broker-dealers that engaged as principal in the largest dollar amount of
portfolio transactions of the fund during the fund's most recent fiscal year; or
(c) one of the 10 broker-dealers that sold the largest amount of securities of
the fund during the fund's most recent fiscal year.

At the end of the fund's most recent fiscal year, the fund's regular
broker-dealers included Credit Suisse Corp., Calyon, UBS AG and ABM AMRO Bank
NV. As of the fund's most recent fiscal year-end, the fund held equity
securities of Credit Suisse Group in the amount of $261,671,000, Credit Agricole
SA in the amount of $189,543,000, UBS AG in the amount of $593,334,000 and ABM
AMRO Holding NV in the amount of $397,723,000.

DISCLOSURE OF PORTFOLIO HOLDINGS

The fund's investment adviser, on behalf of the fund, has adopted policies and
procedures with respect to the disclosure of information about fund portfolio
securities. These policies and procedures have been reviewed by the fund's board
of trustees and compliance will be periodically assessed by the board in
connection with reporting from the fund's Chief Compliance Officer.

Under these policies and procedures, the fund's complete list of portfolio
holdings available for public disclosure, dated as of the end of each calendar
quarter, is permitted to be posted on the American Funds website no earlier than
the tenth day after such calendar quarter. In practice, the public portfolio
typically is posted on the website approximately 45 days after the end of the
calendar quarter. In addition, the fund's list of top 10 equity portfolio
holdings measured by percentage of net assets invested, dated as of the end of
each calendar month, is permitted to be posted on the American Funds website no
earlier than the tenth day after such month. Such portfolio holdings information
may then be disclosed to any person pursuant to an ongoing arrangement to
disclose portfolio holdings information to such person no earlier than one day
after the day on which the information is posted on the American Funds website.
Affiliates of the fund (including the fund's board members and officers, and
certain personnel of the fund's investment adviser and its affiliates) and
certain service providers (such as the fund's custodian and outside counsel) who
require portfolio holdings information for legitimate business and fund
oversight purposes may receive the information earlier.

Affiliated persons of the fund as described above who receive portfolio holdings
information are subject to restrictions and limitations on the use and handling
of such information pursuant to applicable codes of ethics, including
requirements to maintain the confidentiality of such information, preclear
securities trades and report securities transactions activity, as applicable.
Third party service providers of the fund receiving such information are subject
to confidentiality obligations. When portfolio holdings information is disclosed
other than through the American Funds website to persons not affiliated with the
fund (which, as described above, would typically occur no earlier than one day
after the day on which the information is posted on the American

EuroPacific Growth Fund -- Page 30
<PAGE>

Funds website), such persons may be bound by agreements (including
confidentiality agreements) that restrict and limit their use of the information
to legitimate business uses only. Neither the fund nor its investment adviser or
any affiliate thereof receives compensation or other consideration in connection
with the disclosure of information about portfolio securities.

Subject to board policies, the authority to disclose a fund's portfolio
holdings, and to establish policies with respect to such disclosure, resides
with the investment committee of the fund's investment adviser. In exercising
its authority, the investment committee determines whether disclosure of
information about the fund's portfolio securities is appropriate and in the best
interest of fund shareholders. The investment adviser has implemented policies
and procedures to address conflicts of interest that may arise from the
disclosure of fund holdings. For example, the investment adviser's code of
ethics specifically requires, among other things, the safeguarding of
information about fund holdings and contains prohibitions designed to prevent
the personal use of confidential, proprietary investment information in a way
that would conflict with fund transactions. In addition, the investment adviser
believes that its current policy of not selling portfolio holdings information
and not disclosing such information to unaffiliated third parties until such
holdings have been made public on the American Funds website (other than to
certain fund service providers for legitimate business and fund oversight
purposes) helps reduce potential conflicts of interest between fund shareholders
and the investment adviser and its affiliates.

PRICE OF SHARES

Shares are purchased at the offering price or sold at the net asset value price
next determined after the purchase or sell order is received and accepted by the
fund or the Transfer Agent; the offering or net asset value price is effective
for orders received prior to the time of determination of the net asset value
and, in the case of orders placed with dealers or their authorized designees,
accepted by the Principal Underwriter, the Transfer Agent, a dealer or any of
their designees. In the case of orders sent directly to the fund or the Transfer
Agent, an investment dealer MUST be indicated. The dealer is responsible for
promptly transmitting purchase and sell orders to the Principal Underwriter.

Orders received by the investment dealer or authorized designee, the Transfer
Agent or the fund after the time of the determination of the net asset value
will be entered at the next calculated offering price. Note that investment
dealers or other intermediaries may have their own rules about share
transactions and may have earlier cut-off times than those of the fund. For more
information about how to purchase through your intermediary, contact your
intermediary directly.

Prices that appear in the newspaper do not always indicate prices at which you
will be purchasing and redeeming shares of the fund, since such prices generally
reflect the previous day's closing price, while purchases and redemptions are
made at the next calculated price. The price you pay for shares, the offering
price, is based on the net asset value per share, which is calculated once daily
as of approximately 4:00 p.m. New York time, which is the normal close of
trading on the New York Stock Exchange, each day the Exchange is open. If, for
example, the Exchange closes at 1:00 p.m., the fund's share price would still be
determined as of 4:00 p.m. New York time. The New York Stock Exchange is
currently closed on weekends and on the following holidays: New Year's Day;
Martin Luther King, Jr. Day; Presidents' Day; Good Friday; Memorial Day;
Independence Day; Labor Day; Thanksgiving; and Christmas Day. Each share class
of the fund has a separately calculated net asset value (and share price).

EuroPacific Growth Fund -- Page 31
<PAGE>

All portfolio securities of funds managed by Capital Research and Management
Company (other than money market funds) are valued, and the net asset values per
share for each share class are determined, as follows:

1. Equity securities, including depositary receipts, are valued at the
official closing price of, or the last reported sale price on, the exchange or
market on which such securities are traded, as of the close of business on the
day the securities are being valued or, lacking any sales, at the last available
bid price. Prices for each security are taken from the principal exchange or
market in which the security trades. Fixed-income securities are valued at
prices obtained from an independent pricing service, when such prices are
available; however, in circumstances where the investment adviser deems it
appropriate to do so, such securities will be valued at the mean quoted bid and
asked prices (or bid prices, if asked prices are not available) or at prices for
securities of comparable maturity, quality and type. The pricing services base
bond prices on, among other things, an evaluation of the yield curve as of
approximately 3:00 p.m. New York time. The fund's investment adviser performs
certain checks on these prices prior to the fund's net asset value being
calculated.

Securities with both fixed-income and equity characteristics (e.g., convertible
bonds, preferred stocks, units comprised of more than one type of security,
etc.), or equity securities traded principally among fixed-income dealers, are
valued in the manner described above for either equity or fixed-income
securities, depending on which method is deemed most appropriate by the
investment adviser.

Securities with original maturities of one year or less having 60 days or less
to maturity are amortized to maturity based on their cost if acquired within 60
days of maturity, or if already held on the 60th day, based on the value
determined on the 61st day. Forward currency contracts are valued at the mean of
representative quoted bid and asked prices.

Assets or liabilities initially expressed in terms of non-U.S. currencies are
translated prior to the next determination of the net asset value of the fund's
shares into U.S. dollars at the prevailing market rates.

Securities and assets for which market quotations are not readily available or
are considered unreliable are valued at fair value as determined in good faith
under policies approved by the fund's board. Subject to board oversight, the
fund's board has delegated the obligation to make fair valuation determinations
to a valuation committee established by the fund's investment adviser. The board
receives regular reports describing fair-valued securities and the valuation
methods used.

The valuation committee has adopted guidelines and procedures (consistent with
SEC rules and guidance) to ensure that certain basic principles and factors are
considered when making all fair value determinations. As a general principle,
securities lacking readily available market quotations, or that have quotations
that are considered unreliable, are valued in good faith by the valuation
committee based upon what the fund might reasonably expect to receive upon their
current sale. The valuation committee considers all indications of value
available to it in determining the fair value to be assigned to a particular
security, including, without limitation, the type and cost of the security,
contractual or legal restrictions on resale of the security, relevant financial
or business developments of the issuer, actively traded similar or related
securities, conversion or exchange rights on the security, related corporate
actions, significant events occurring after the close of trading in the security
and changes in overall market conditions. The

EuroPacific Growth Fund -- Page 32
<PAGE>

valuation committee employs additional fair value procedures to address issues
related to investing substantial portions of applicable fund portfolios outside
the United States. Securities owned by these funds trade in markets that open
and close at different times, reflecting time zone differences. If significant
events occur after the close of a market (and before these fund's net asset
values are next determined) which affect the value of portfolio securities,
appropriate adjustments from closing market prices may be made to reflect these
events. Events of this type could include, for example, earthquakes and other
natural disasters or significant price changes in other markets (e.g., U.S.
stock markets). The fund follows standard industry practice by typically
reflecting changes in its holdings of portfolio securities on the first business
day following a portfolio trade.

2. Each class of shares represents interests in the same portfolio of
investments and is identical in all respects to each other class, except for
differences relating to distribution, service and other charges and expenses,
certain voting rights, differences relating to eligible investors, the
designation of each class of shares, conversion features and exchange
privileges. Expenses attributable to the fund, but not to a particular class of
shares, are borne by each class pro rata based on relative aggregate net assets
of the classes. Expenses directly attributable to a class of shares are borne by
that class of shares. Liabilities, including accruals of taxes and other expense
items attributable to particular share classes, are deducted from total assets
attributable to such share classes.

3. Net assets so obtained for each share class are then divided by the total
number of shares outstanding of that share class, and the result, rounded to the
nearer cent, is the net asset value per share for that share class.

TAXES AND DISTRIBUTIONS

FUND TAXATION -- The fund has elected to be treated as a regulated investment
company under Subchapter M of the Internal Revenue Code (the "Code"). A
regulated investment company qualifying under Subchapter M of the Code is
required to distribute to its shareholders at least 90% of its investment
company taxable income (including the excess of net short-term capital gain over
net long-term capital losses) and generally is not subject to federal income tax
to the extent that it distributes annually 100% of its investment company
taxable income and net realized capital gains in the manner required under the
Code. The fund intends to distribute annually all of its investment company
taxable income and net realized capital gains and therefore does not expect to
pay federal income tax, although in certain circumstances, the fund may
determine that it is in the interest of shareholders to distribute less than
that amount.

To be treated as a regulated investment company under Subchapter M of the Code,
the fund must also (a) derive at least 90% of its gross income from dividends,
interest, payments with respect to securities loans, net income from certain
publicly traded partnerships and gains from the sale or other disposition of
securities or foreign currencies, or other income (including, but not limited
to, gains from options, futures or forward contracts) derived with respect to
the business of investing in such securities or currencies, and (b) diversify
its holdings so that, at the end of each fiscal quarter, (i) at least 50% of the
market value of the fund's assets is represented by cash, U.S. government
securities and securities of other regulated investment companies, and other
securities (for purposes of this calculation, generally limited in respect of
any one issuer, to an amount not greater than 5% of the market value of the
fund's assets and 10% of the outstanding voting securities of such issuer) and
(ii) not more than 25% of the value of its assets is invested in the securities
of (other than U.S. government securities or the securities of other regulated

EuroPacific Growth Fund -- Page 33
<PAGE>

investment companies) any one issuer; two or more issuers which the fund
controls and which are determined to be engaged in the same or similar trades or
businesses; or the securities of certain publicly traded partnerships.

Under the Code, a nondeductible excise tax of 4% is imposed on the excess of a
regulated investment company's "required distribution" for the calendar year
ending within the regulated investment company's taxable year over the
"distributed amount" for such calendar year. The term "required distribution"
means the sum of (a) 98% of ordinary income (generally net investment income)
for the calendar year, (b) 98% of capital gain (both long-term and short-term)
for the one-year period ending on October 31 (as though the one-year period
ending on October 31 were the regulated investment company's taxable year) and
(c) the sum of any untaxed, undistributed net investment income and net capital
gains of the regulated investment company for prior periods. The term
"distributed amount" generally means the sum of (a) amounts actually distributed
by the fund from its current year's ordinary income and capital gain net income
and (b) any amount on which the fund pays income tax during the periods
described above. Although the fund intends to distribute its net investment
income and net capital gains so as to avoid excise tax liability, the fund may
determine that it is in the interest of shareholders to distribute a lesser
amount.

The following information may not apply to you if you hold fund shares in a
tax-deferred account, such as a retirement plan or education savings account.
Please see your tax adviser for more information.

DIVIDENDS AND CAPITAL GAIN DISTRIBUTIONS -- Dividends and capital gain
distributions on fund shares will be reinvested in shares of the fund of the
same class, unless shareholders indicate in writing that they wish to receive
them in cash or in shares of the same class of other American Funds, as provided
in the prospectus. Dividend and capital gain distributions by 529 share classes
will be automatically reinvested.

Distributions of investment company taxable income and net realized capital
gains to individual shareholders will be taxable whether received in shares or
in cash, unless such shareholders are exempt from taxation. Shareholders
electing to receive distributions in the form of additional shares will have a
cost basis for federal income tax purposes in each share so received equal to
the net asset value of that share on the reinvestment date. Dividends and
capital gain distributions by the fund to a tax-deferred retirement plan account
are not taxable currently.

DIVIDENDS -- The fund intends to follow the practice of distributing
substantially all of its investment company taxable income, which includes
any excess of net realized short-term gains over net realized long-term
capital losses. Investment company taxable income generally includes
dividends, interest, net short-term capital gains in excess of net
long-term capital losses, and certain foreign currency gains, if any, less
expenses and certain foreign currency losses. To the extent the fund
invests in stock of domestic and certain foreign corporations and meets the
applicable holding period requirement, it may receive "qualified
dividends". The fund will designate the amount of "qualified dividends" to
its shareholders in a notice sent within 60 days of the close of its fiscal
year and will report "qualified dividends" to shareholders on Form
1099-DIV.
Under the Code, gains or losses attributable to fluctuations in exchange
rates that occur between the time the fund accrues receivables or
liabilities denominated in a foreign currency and the time the fund
actually collects such receivables, or pays such liabilities,

EuroPacific Growth Fund -- Page 34
<PAGE>

generally are treated as ordinary income or ordinary loss. Similarly, on
disposition of debt securities denominated in a foreign currency and on
disposition of certain futures contracts, forward contracts and options,
gains or losses attributable to fluctuations in the value of foreign
currency between the date of acquisition of the security or contract and
the date of disposition are also treated as ordinary gain or loss. These
gains or losses, referred to under the Code as Section 988 gains or losses,
may increase or decrease the amount of the fund's investment company
taxable income to be distributed to its shareholders as ordinary income.

If the fund invests in stock of certain passive foreign investment
companies, the fund may be subject to U.S. federal income taxation on a
portion of any "excess distribution" with respect to, or gain from the
disposition of, such stock. The tax would be determined by allocating such
distribution or gain ratably to each day of the fund's holding period for
the stock. The distribution or gain so allocated to any taxable year of the
fund, other than the taxable year of the excess distribution or
disposition, would be taxed to the fund at the highest ordinary income rate
in effect for such year, and the tax would be further increased by an
interest charge to reflect the value of the tax deferral deemed to have
resulted from the ownership of the foreign company's stock. Any amount of
distribution or gain allocated to the taxable year of the distribution or
disposition would be included in the fund's investment company taxable
income and, accordingly, would not be taxable to the fund to the extent
distributed by the fund as a dividend to its shareholders.

To avoid such tax and interest, the fund intends to elect to treat these
securities as sold on the last day of its fiscal year and recognize any
gains for tax purposes at that time. Under this election, deductions for
losses are allowable only to the extent of any prior recognized gains, and
both gains and losses will be treated as ordinary income or loss. The fund
will be required to distribute any resulting income, even though it has not
sold the security and received cash to pay such distributions. Upon
disposition of these securities, any gain recognized is treated as ordinary
income and loss is treated as ordinary loss to the extent of any prior
recognized gain.

A portion of the difference between the issue price of zero coupon
securities and their face value (original issue discount) is considered to
be income to the fund each year, even though the fund will not receive cash
interest payments from these securities. This original issue discount
(imputed income) will comprise a part of the investment company taxable
income of the fund that must be distributed to shareholders in order to
maintain the qualification of the fund as a regulated investment company
and to avoid federal income taxation at the level of the fund.

In addition, some of the bonds may be purchased by the fund at a discount
that exceeds the original issue discount on such bonds, if any. This
additional discount represents market discount for federal income tax
purposes. The gain realized on the disposition of any bond having a market
discount may be treated as taxable ordinary income to the extent it does
not exceed the accrued market discount on such bond or a fund may elect to
include the market discount in income in tax years to which it is
attributable. Generally, accrued market discount may be figured under
either the ratable accrual method or constant interest method. If the fund
has paid a premium over the face amount of a bond, the fund has the option
of either amortizing the premium until bond maturity and reducing the
fund's basis in the bond by the amortized amount, or not amortizing and
treating the premium as part of the bond's basis. In the case of any debt
security having a fixed

EuroPacific Growth Fund -- Page 35
<PAGE>

maturity date of not more than one year from its date of issue, the gain
realized on disposition generally will be treated as a short-term capital
gain. In general, any gain realized on disposition of a security held less
than one year is treated as a short-term capital gain.

Dividend and interest income received by the fund from sources outside the
United States may be subject to withholding and other taxes imposed by such
foreign jurisdictions. Tax conventions between certain countries and the
United States, however, may reduce or eliminate these foreign taxes. Most
foreign countries do not impose taxes on capital gains with respect to
investments by foreign investors.

CAPITAL GAIN DISTRIBUTIONS -- The fund also intends to follow the practice
of distributing the entire excess of net realized long-term capital gains
over net realized short-term capital losses. Net capital gains for a fiscal
year are computed by taking into account any capital loss carry forward of
the fund.
If any net long-term capital gains in excess of net short-term capital
losses are retained by the fund for reinvestment, requiring federal income
taxes to be paid thereon by the fund, the fund intends to elect to treat
such capital gains as having been distributed to shareholders. As a result,
each shareholder will report such capital gains as long-term capital gains
taxable to individual shareholders at a maximum 15% capital gains rate,
will be able to claim a pro rata share of federal income taxes paid by the
fund on such gains as a credit against personal federal income tax
liability, and will be entitled to increase the adjusted tax basis on fund
shares by the difference between a pro rata share of the retained gains and
such shareholder's related tax credit.

SHAREHOLDER TAXATION -- In January of each year, individual shareholders holding
fund shares in taxable accounts will receive a statement of the federal income
tax status of all distributions. Shareholders of the fund also may be subject to
state and local taxes on distributions received from the fund.

DIVIDENDS -- Fund dividends are taxable to shareholders as ordinary income.
Under the 2003 Tax Act, all or a portion of a fund's dividend distribution
may be a "qualified dividend." If the fund meets the applicable holding
period requirement, it will distribute dividends derived from qualified
corporation dividends to shareholders as qualified dividends. Interest
income from bonds and money market instruments and nonqualified foreign
dividends will be distributed to shareholders as nonqualified fund
dividends. The fund will report on Form 1099-DIV the amount of each
shareholder's dividend that may be treated as a qualified dividend. If a
shareholder meets the requisite holding period requirement, qualified
dividends are taxable at a maximum rate of 15%.

CAPITAL GAINS -- Distributions of the excess of net long-term capital gains
over net short-term capital losses that the fund properly designates as
"capital gain dividends" generally will be taxable as long-term capital
gain. Regardless of the length of time the shares of the fund have been
held by a shareholder, a capital gain distribution by the fund is subject
to a maximum tax rate of 15%. Any loss realized upon the redemption of
shares held at the time of redemption for six months or less from the date
of their purchase will be treated as a long-term capital loss to the extent
of any amounts treated as distributions of long-term capital gains during
such six-month period.

EuroPacific Growth Fund -- Page 36
<PAGE>

Distributions by the fund result in a reduction in the net asset value of the
fund's shares. Investors should consider the tax implications of buying shares
just prior to a distribution. The price of shares purchased at that time
includes the amount of the forthcoming distribution. Those purchasing just prior
to a distribution will subsequently receive a partial return of their investment
capital upon payment of the distribution, which will be taxable to them.

The fund may make the election permitted under Section 853 of the Code so that
shareholders may (subject to limitations) be able to claim a credit or deduction
on their federal income tax returns for, and will be required to treat as part
of the amounts distributed to them, their pro rata portion of qualified taxes
paid by the fund to foreign countries (such taxes relate primarily to investment
income). The fund may make an election under Section 853 of the Code, provided
that more than 50% of the value of the total assets of the fund at the close of
the taxable year consists of securities of foreign corporations. The foreign tax
credit available to shareholders is subject to certain limitations imposed by
the Code.

Redemptions of shares, including exchanges for shares of other American Funds,
may result in federal, state and local tax consequences (gain or loss) to the
shareholder. However, conversion from one class to another class in the same
fund should not be a taxable event.

If a shareholder exchanges or otherwise disposes of shares of the fund within 90
days of having acquired such shares, and if, as a result of having acquired
those shares, the shareholder subsequently pays a reduced sales charge for
shares of the fund, or of a different fund, the sales charge previously incurred
in acquiring the fund's shares will not be taken into account (to the extent
such previous sales charges do not exceed the reduction in sales charges) for
the purposes of determining the amount of gain or loss on the exchange, but will
be treated as having been incurred in the acquisition of such other fund(s).

Any loss realized on a redemption or exchange of shares of the fund will be
disallowed to the extent substantially identical shares are reacquired within
the 61-day period beginning 30 days before and ending 30 days after the shares
are disposed of. Any loss disallowed under this rule will be added to the
shareholder's tax basis in the new shares purchased.

The fund will be required to report to the IRS all distributions of investment
company taxable income and capital gains as well as gross proceeds from the
redemption or exchange of fund shares, except in the case of certain exempt
shareholders. Under the backup withholding provisions of Section 3406 of the
Code, distributions of investment company taxable income and capital gains and
proceeds from the redemption or exchange of a regulated investment company may
be subject to backup withholding of federal income tax in the case of non-exempt
U.S. shareholders who fail to furnish the investment company with their taxpayer
identification numbers and with required certifications regarding their status
under the federal income tax law. Withholding may also be required if the fund
is notified by the IRS or a broker that the taxpayer identification number
furnished by the shareholder is incorrect or that the shareholder has previously
failed to report interest or dividend income. If the withholding provisions are
applicable, any such distributions and proceeds, whether taken in cash or
reinvested in additional shares, will be reduced by the amounts required to be
withheld.

The foregoing discussion of U.S. federal income tax law relates solely to the
application of that law to U.S. persons (i.e., U.S. citizens and residents and
U.S. corporations, partnerships, trusts and estates). Each shareholder who is
not a U.S. person should consider the U.S. and foreign tax consequences of
ownership of shares of the fund, including the possibility that such a

EuroPacific Growth Fund -- Page 37
<PAGE>

shareholder may be subject to a U.S. withholding tax at a rate of 30% (or a
lower rate under an applicable income tax treaty) on dividend income received by
the shareholder.

Shareholders should consult their tax advisers about the application of federal,
state and local tax law in light of their particular situation.

UNLESS OTHERWISE NOTED, ALL REFERENCES IN THE FOLLOWING PAGES TO CLASS A, B, C
OR F SHARES ALSO REFER TO THE CORRESPONDING CLASS 529-A, 529-B, 529-C OR 529-F
SHARES. CLASS 529 SHAREHOLDERS SHOULD ALSO REFER TO THE COLLEGEAMERICA PROGRAM
DESCRIPTION FOR INFORMATION ON POLICIES AND SERVICES SPECIFICALLY RELATING TO
COLLEGEAMERICA ACCOUNTS. SHAREHOLDERS HOLDING SHARES THROUGH AN ELIGIBLE
RETIREMENT PLAN SHOULD CONTACT THEIR PLAN'S ADMINISTRATOR OR RECORDKEEPER FOR
INFORMATION REGARDING PURCHASES, SALES AND EXCHANGES.

PURCHASE AND EXCHANGE OF SHARES

PURCHASES BY INDIVIDUALS -- As described in the prospectus, you may generally
open an account and purchase fund shares by contacting a financial adviser or
investment dealer authorized to sell the fund's shares. You may make investments
by any of the following means:

CONTACTING YOUR FINANCIAL ADVISER -- Deliver or mail a check to your
financial adviser.

BY MAIL -- for initial investments, you may mail a check, made payable to
the fund, directly to the address indicated on the account application.
Please indicate an investment dealer on the account application. You may
make additional investments by filling out the "Account Additions" form at
the bottom of a recent account statement and mailing the form, along with a
check made payable to the fund, using the envelope provided with your
account statement.
The amount of time it takes for us to receive regular U.S. postal mail may
vary and there is no assurance that we will receive such mail on the day
you expect. Mailing addresses for regular U.S. postal mail can be found in
the prospectus. To send investments or correspondence to us via overnight
mail or courier service, use any of the following addresses:

American Funds
8332 Woodfield Crossing Blvd.
Indianapolis, IN 46240-2482

American Funds
3500 Wiseman Blvd.
San Antonio, TX 78251-4321

American Funds
5300 Robin Hood Rd.
Norfolk, VA 23513-2407

BY TELEPHONE -- using the American FundsLine. Please see the "Shareholder
account services and privileges" section of this document for more
information regarding this service.

EuroPacific Growth Fund -- Page 38
<PAGE>

BY INTERNET -- using americanfunds.com. Please see the "Shareholder account
services and privileges" section of this document for more information
regarding this service.

BY WIRE -- If you are making a wire transfer, instruct your bank to wire
funds to:

Wells Fargo Bank
ABA Routing No. 121000248
Account No. 4600-076178

Your bank should include the following information when wiring funds:

For credit to the account of:
American Funds Service Company
(fund's name)

For further credit to:
(shareholder's fund account number)
(shareholder's name)

You may contact American Funds Service Company at 800/421-0180 if you have
questions about making wire transfers.
The Principal Underwriter will not knowingly sell shares of the fund directly or
indirectly to any person or entity, where, after the sale, such person or entity
would own beneficially directly or indirectly more than 4.5% of the outstanding
shares of the fund without the consent of a majority of the fund's board.

Class 529 shares may be purchased only through CollegeAmerica by investors
establishing qualified higher education savings accounts. Class 529-E shares may
be purchased only by investors participating in CollegeAmerica through an
eligible employer plan. The R share classes are generally available only to
employer-sponsored retirement plans. Class R-5 shares are also available to
clients of the Personal Investment Management group of Capital Guardian Trust
Company who do not have an intermediary associated with their accounts and
without regard to the $1 million purchase minimum. In addition, the American
Funds state tax-exempt funds are qualified for sale only in certain
jurisdictions, and tax-exempt funds in general should not serve as retirement
plan investments. The fund and the Principal Underwriter reserve the right to
reject any purchase order.

EuroPacific Growth Fund -- Page 39
<PAGE>

PURCHASE MINIMUMS AND MAXIMUMS -- All investments are subject to the purchase
minimums and maximums described in the prospectus. As noted in the prospectus,
purchase minimums may be waived or reduced in certain cases. The initial
purchase minimum of $25 may be waived for the following account types:

. Payroll deduction retirement plan accounts (such as, but not limited
to, 403(b), 401(k), SIMPLE IRA, SARSEP and deferred compensation plan
accounts); and

. Employer-sponsored CollegeAmerica accounts.

The following account types may be established without meeting the initial
purchase minimum:

. Retirement accounts that are funded with employer contributions; and

. Accounts that are funded with monies set by court decree.

The following account types may be established without meeting the initial
purchase minimum, but shareholders wishing to invest in two or more funds must
meet the normal initial purchase minimum of each fund:

. Accounts that are funded with (a) transfers of assets, (b) rollovers
from retirement plans, (c) rollovers from 529 college savings plans or
(d) required minimum distribution automatic exchanges; and

. American Funds money market fund accounts registered in the name of
clients of Capital Guardian Trust Company's Personal Investment
Management group.

Certain accounts held on the fund's books, known as omnibus accounts, contain
multiple underlying accounts that are invested in shares of the fund. These
underlying accounts are maintained by entities such as financial intermediaries
and are subject to the applicable initial purchase minimums as described in the
prospectus and statement of additional information. However, in the case where
the entity maintaining these accounts aggregates the accounts' purchase orders
for fund shares, such accounts are not required to meet the minimum amount for
subsequent purchases.

EXCHANGES -- You may only exchange shares into other American Funds within the
same share class. However, exchanges from Class A shares of The Cash Management
Trust of America may be made to Class B or C shares of other American Funds for
dollar cost averaging purposes. Exchange purchases are subject to the minimum
investment requirements of the fund purchased and no sales charge generally
applies. However, exchanges of shares from American Funds money market funds are
subject to applicable sales charges on the fund being purchased, unless the
money market fund shares were acquired by an exchange from a fund having a sales
charge, or by reinvestment or cross-reinvestment of dividends or capital gain
distributions. Exchanges of Class F shares generally may only be made through
fee-based programs of investment firms that have special agreements with the
fund's distributor and certain registered investment advisers.

You may exchange shares of other classes by contacting the Transfer Agent, by
contacting your investment dealer or financial adviser, by using American
FundsLine or americanfunds.com, or by telephoning 800/421-0180 toll-free, or
faxing (see "American Funds Service Company service areas" in the prospectus for
the appropriate fax numbers) the Transfer Agent. For more

EuroPacific Growth Fund -- Page 40
<PAGE>

information, see "Shareholder account services and privileges" below. THESE
TRANSACTIONS HAVE THE SAME TAX CONSEQUENCES AS ORDINARY SALES AND PURCHASES.

Shares held in employer-sponsored retirement plans may be exchanged into other
American Funds by contacting your plan administrator or recordkeeper. Exchange
redemptions and purchases are processed simultaneously at the share prices next
determined after the exchange order is received (see "Price of shares" above).

FREQUENT TRADING OF FUND SHARES -- As noted in the prospectus, certain
redemptions may trigger a purchase block lasting 30 calendar days under the
fund's "purchase blocking policy." Under this policy, systematic redemptions
will not trigger a purchase block and systematic purchases will not be
prevented. For purposes of this policy, systematic redemptions include, for
example, regular periodic automatic redemptions and statement of intention
escrow share redemptions. Systematic purchases include, for example, regular
periodic automatic purchases and automatic reinvestments of dividends and
capital gain distributions.

OTHER POTENTIALLY ABUSIVE ACTIVITY -- In addition to implementing purchase
blocks, American Funds Service Company will monitor for other types of activity
that could potentially be harmful to the American Funds - for example,
short-term trading activity in multiple funds. When identified, American Funds
Service Company will request that the shareholder discontinue the activity. If
the activity continues, American Funds Service Company will freeze the
shareholder account to prevent all activity other than redemptions of fund
shares.

MOVING BETWEEN SHARE CLASSES

AUTOMATIC CONVERSIONS -- As described more fully in the prospectus, Class
B, 529-B and C shares automatically convert to Class A, 529-A and F shares,
respectively, after a certain period from the purchase date.

MOVING FROM CLASS B TO CLASS A SHARES -- Under the right of reinvestment
policy as described in the prospectus, if you redeem Class B shares during
the contingent deferred sales charge period, you may reinvest the proceeds
in Class A shares without paying a Class A sales charge if you notify
American Funds Service Company and the reinvestment occurs within 90 days
after the date of redemption. If you redeem your Class B shares after the
contingent deferred sales charge period and with the redemption proceeds
you purchase Class A shares, you are still responsible for paying any
applicable Class A sales charges.

MOVING FROM CLASS C TO CLASS A SHARES -- If you redeem Class C shares and
with the redemption proceeds purchase Class A shares, you are still
responsible for paying any Class C contingent deferred sales charges and
applicable Class A sales charges.

MOVING FROM CLASS F TO CLASS A SHARES -- You can redeem Class F shares held
in a qualified fee-based program and with the redemption proceeds purchase
Class A shares without paying an initial Class A sales charge if all of the
following are met: (a) you are leaving or have left the fee-based program,
(b) you have held the Class F shares in the program for at least one year,
and (c) you notify American Funds Service Company and purchase the Class A
shares within 90 days after redeeming the Class F shares.

EuroPacific Growth Fund -- Page 41
<PAGE>

MOVING FROM CLASS A TO CLASS F SHARES -- If you are part of a qualified
fee-based program and you wish to redeem your Class A shares and with the
redemption proceeds purchase Class F shares for the program, any Class A
sales charges (including contingent deferred sales charges) that you paid
or are payable will not be credited back to your account.

SALES CHARGES
CLASS A PURCHASES

PURCHASES BY CERTAIN 403(B) PLANS

Individual 403(b) plans may be treated similarly to employer-sponsored
plans for Class A sales charge purposes (i.e., individual participant
accounts are eligible to be aggregated together) if: (a) the American Funds
are principal investment options; (b) the employer facilitates the
enrollment process by, for example, allowing for onsite group enrollment
meetings held during working hours; and (c) there is only one dealer firm
assigned to the plans.

OTHER PURCHASES

Pursuant to a determination of eligibility by a vice president or more
senior officer of the Capital Research and Management Company Fund
Administration Unit, or by his or her designee, Class A shares of the
American Funds stock, stock/bond and bond funds may be sold at net asset
value to:

(1) current or retired directors, trustees, officers and advisory board
members of, and certain lawyers who provide services to, the funds
managed by Capital Research and Management Company, current or retired
employees of Washington Management Corporation, current or retired
employees and partners of The Capital Group Companies, Inc. and its
affiliated companies, certain family members and employees of the
above persons, and trusts or plans primarily for such persons;
(2) currently registered representatives and assistants directly employed
by such representatives, retired registered representatives with
respect to accounts established while active, or full-time employees
(collectively, "Eligible Persons") (and their (a) spouses or
equivalents if recognized under local law, (b) parents and children,
including parents and children in step and adoptive relationships,
sons-in-law and daughters-in-law, and (c) parents-in-law, if the
Eligible Persons or the spouses, children or parents of the Eligible
Persons are listed in the account registration with the
parents-in-law) of dealers who have sales agreements with the
Principal Underwriter (or who clear transactions through such
dealers), plans for the dealers, and plans that include as
participants only the Eligible Persons, their spouses, parents and/or
children;

(3) currently registered investment advisers ("RIAs") and assistants
directly employed by such RIAs, retired RIAs with respect to accounts
established while active, or full-time employees (collectively,
"Eligible Persons") (and their (a) spouses or equivalents if
recognized under local law, (b) parents and children, including
parents and children in step and adoptive relationships, sons-in-law
and

EuroPacific Growth Fund -- Page 42
<PAGE>

daughters-in-law and (c) parents-in-law, if the Eligible Persons or
the spouses, children or parents of the Eligible Persons are listed in
the account registration with the parents-in-law) of RIA firms that
are authorized to sell shares of the funds, plans for the RIA firms,
and plans that include as participants only the Eligible Persons,
their spouses, parents and/or children;

(4) companies exchanging securities with the fund through a merger,
acquisition or exchange offer;

(5) insurance company separate accounts;

(6) accounts managed by subsidiaries of The Capital Group Companies, Inc.;

(7) The Capital Group Companies, Inc., its affiliated companies and
Washington Management Corporation;

(8) an individual or entity with a substantial business relationship with
The Capital Group Companies, Inc. or its affiliates, or an individual
or entity related or relating to such individual or entity;

(9) wholesalers and full-time employees directly supporting wholesalers
involved in the distribution of insurance company separate accounts
whose underlying investments are managed by any affiliate of The
Capital Group Companies, Inc.; and

(10) full-time employees of banks that have sales agreements with the
Principal Underwriter, who are solely dedicated to directly supporting
the sale of mutual funds.

Shares are offered at net asset value to these persons and organizations
due to anticipated economies in sales effort and expense. Once an account
is established under this net asset value privilege, additional investments
can be made at net asset value for the life of the account.
TRANSFERS TO COLLEGEAMERICA ACCOUNTS

A transfer from the Virginia Prepaid Education Program/SM/ or the Virginia
Education Savings Trust/SM/ to a CollegeAmerica account will be made with
no sales charge. No commission will be paid to the dealer on such a
transfer.

DEALER COMMISSIONS AND COMPENSATION -- Commissions (up to 1.00%) are paid to
dealers who initiate and are responsible for certain Class A share purchases not
subject to sales charges. These purchases consist of purchases of $1 million or
more, purchases by employer-sponsored defined contribution-type retirement plans
investing $1 million or more or with 100 or more eligible employees, and
purchases made at net asset value by certain retirement plans, endowments and
foundations with assets of $50 million or more. Commissions on such investments
(other than IRA rollover assets that roll over at no sales charge under the
fund's IRA rollover policy as described in the prospectus) are paid to dealers
at the following rates: 1.00% on amounts to $4 million, 0.50% on amounts over $4
million to $10 million and 0.25% on amounts over $10 million. Commissions are
based on cumulative investments and are not annually reset.

EuroPacific Growth Fund -- Page 43
<PAGE>

A dealer concession of up to 1% may be paid by the fund under its Class A plan
of distribution to reimburse the Principal Underwriter in connection with dealer
and wholesaler compensation paid by it with respect to investments made with no
initial sales charge.

SALES CHARGE REDUCTIONS AND WAIVERS

REDUCING YOUR CLASS A SALES CHARGE -- As described in the prospectus, there are
various ways to reduce your sales charge when purchasing Class A shares.
Additional information about Class A sales charge reductions is provided below.

STATEMENT OF INTENTION -- By establishing a statement of intention (the
"Statement"), you enter into a nonbinding commitment to purchase shares of
American Funds non-money market funds over a 13-month period and receive
the same sales charge as if all shares had been purchased at once.

When a shareholder elects to use a Statement, shares equal to 5% of the
dollar amount specified in the Statement will be held in escrow in the
shareholder's account out of the initial purchase (or subsequent purchases,
if necessary) by the Transfer Agent. All dividends and any capital gain
distributions on shares held in escrow will be credited to the
shareholder's account in shares (or paid in cash, if requested). If the
intended investment is not completed within the specified Statement period,
the purchaser will remit to the Principal Underwriter the difference
between the sales charge actually paid and the sales charge which would
have been paid if the total of such purchases had been made at a single
time. The dealer assigned to an account at the time of each purchase made
during the Statement period will receive an appropriate commission
adjustment. If the difference is not paid by the close of the Statement
period, the appropriate number of shares held in escrow will be redeemed to
pay such difference. If the proceeds from this redemption are inadequate,
the purchaser will be liable to the Principal Underwriter for the balance
still outstanding.

The Statement may be revised upward at any time during the Statement
period, and such a revision will be treated as a new Statement, except that
the Statement period during which the purchase must be made will remain
unchanged. Accordingly, upon your request, the sales charge paid on
investments made 90 days prior to the Statement revision will be adjusted
to reflect the revised Statement.
The market value of your existing holdings eligible to be aggregated (see
below) as of the day immediately before the start of the Statement period
may be credited toward satisfying the Statement.

The Statement will be considered completed if the shareholder dies within
the Statement period. Commissions to dealers will not be adjusted or paid
on the difference between the Statement amount and the amount actually
invested before the shareholder's death.

When the trustees of certain retirement plans purchase shares by payroll
deduction, the sales charge for the investments made during the Statement
period will be handled as follows: the total monthly investment will be
multiplied by 13 and then multiplied by 1.5. The market value of existing
American Funds investments (other than shares representing direct purchases
of money market funds) as of the day immediately before the start of the
Statement period, and any rollovers or transfers reasonably anticipated to
be

EuroPacific Growth Fund -- Page 44
<PAGE>

invested in non-money market American Funds during the Statement period,
are added to the figure determined above. The sum is the Statement amount
and applicable breakpoint level. On the first investment and all other
investments made pursuant to the Statement, a sales charge will be assessed
according to the sales charge breakpoint thus determined. There will be no
retroactive adjustments in sales charges on investments made during the
Statement period.

Shareholders purchasing shares at a reduced sales charge under a Statement
indicate their acceptance of these terms and those in the prospectus with
their first purchase.

AGGREGATION -- Qualifying investments for aggregation include those made by
you and your "immediate family" as defined in the prospectus, if all
parties are purchasing shares for their own accounts and/or:
. individual-type employee benefit plans, such as an IRA, individual
403(b) plan (see exception in "Purchases by certain 403(b) plans"
under "Sales charges") or single-participant Keogh-type plan;

. business accounts solely controlled by you or your immediate family
(for example, you own the entire business);
.
trust accounts established by you or your immediate family (for trusts
with only one primary beneficiary, upon the trustor's death the trust
account may be aggregated with such beneficiary's own accounts; for
trusts with multiple primary beneficiaries, upon the trustor's death
the trustees of the trust may instruct American Funds Service Company
to establish separate trust accounts for each primary beneficiary;
each primary beneficiary's separate trust account may then be
aggregated with such beneficiary's own accounts);

. endowments or foundations established and controlled by you or your
immediate family; or

.
CollegeAmerica accounts, which will be aggregated at the account owner
level (Class 529-E accounts may only be aggregated with an eligible
employer plan).

Individual purchases by a trustee(s) or other fiduciary(ies) may also be
aggregated if the investments are:

. for a single trust estate or fiduciary account, including employee
benefit plans other than the individual-type employee benefit plans
described above;

.
made for two or more employee benefit plans of a single employer or of
affiliated employers as defined in the 1940 Act, excluding the
individual-type employee benefit plans described above;

. for a diversified common trust fund or other diversified pooled
account not specifically formed for the purpose of accumulating fund
shares;

. for nonprofit, charitable or educational organizations, or any
endowments or foundations established and controlled by such
organizations, or any employer-sponsored retirement plans established
for the benefit of the employees of such organizations, their
endowments, or their foundations; or
. for individually established participant accounts of a 403(b) plan
that is treated similarly to an employer-sponsored plan for sales
charge purposes (see

EuroPacific Growth Fund -- Page 45
<PAGE>

"Purchases by certain 403(b) plans" under "Sales charges" above), or
made for two or more such 403(b) plans that are treated similarly to
employer-sponsored plans for sales charge purposes, in each case of a
single employer or affiliated employers as defined in the 1940 Act.

Purchases made for nominee or street name accounts (securities held in the
name of an investment dealer or another nominee such as a bank trust
department instead of the customer) may not be aggregated with those made
for other accounts and may not be aggregated with other nominee or street
name accounts unless otherwise qualified as described above.

CONCURRENT PURCHASES -- As described in the prospectus, you may reduce your
Class A sales charge by combining purchases of all classes of shares in the
American Funds, as well as individual holdings in Endowments, American
Legacy variable annuity contracts and variable life insurance policies.
Shares of money market funds purchased through an exchange, reinvestment or
cross-reinvestment from a fund having a sales charge also qualify. However,
direct purchases of American Funds money market funds are excluded.
RIGHTS OF ACCUMULATION -- Subject to the limitations described in the
aggregation policy, you may take into account your accumulated holdings in
all share classes of the American Funds, as well as your holdings in
Endowments, to determine your sales charge on investments in accounts
eligible to be aggregated. Subject to your investment dealer's or
recordkeeper's capabilities, your accumulated holdings will be calculated
as the higher of (a) the current value of your existing holdings (the
"market value") or (b) the amount you invested (including reinvested
dividends and capital gains, but excluding capital appreciation) less any
withdrawals (the "cost value"). Depending on the entity on whose books your
account is held, the value of your holdings in that account may not be
eligible for calculation at cost value. For example, the value of accounts
held in nominee or street name are not eligible for calculation at cost
value and instead will be calculated at market value for purposes of rights
of accumulation.

The value of all of your holdings in accounts established in calendar year
2005 or earlier will be assigned an initial cost value equal to the market
value of those holdings as of the last business day of 2005. Thereafter,
the cost value of such accounts will increase or decrease according to
actual investments or withdrawals. You must contact your financial adviser
or American Funds Service Company if you have additional information that
is relevant to the calculation of the value of your holdings.

When determining your American Funds Class A sales charge, if your
investment is not in an employer-sponsored retirement plan, you may also
take into account the market value (as of the end of the week prior to your
American Funds investment) of your individual holdings in various American
Legacy variable annuity contracts and variable life insurance policies. An
employer-sponsored retirement plan may also take into account the market
value of its investments in American Legacy Retirement Investment Plans.
Direct purchases of American Funds money market funds are excluded. If you
make a gift of American Funds Class A shares, upon your request, you may
purchase the shares at the sales charge discount allowed under rights of
accumulation of all of your American Funds and American Legacy accounts.

EuroPacific Growth Fund -- Page 46
<PAGE>

CDSC WAIVERS FOR CLASS A, B AND C SHARES -- As noted in the prospectus, a
contingent deferred sales charge ("CDSC") may be waived for redemptions due to
death or postpurchase disability of a shareholder (this generally excludes
accounts registered in the names of trusts and other entities). In the case of
joint tenant accounts, if one joint tenant dies, a surviving joint tenant, at
the time he or she notifies the Transfer Agent of the other joint tenant's death
and removes the decedent's name from the account, may redeem shares from the
account without incurring a CDSC. Redemptions made after the Transfer Agent is
notified of the death of a joint tenant will be subject to a CDSC.

In addition, a CDSC may be waived for the following types of transactions, if
together they do not exceed 12% of the value of an "account" (defined below)
annually (the "12% limit"):

. Required minimum distributions taken from retirement accounts upon the
shareholder's attainment of age 70-1/2 (required minimum distributions
that continue to be taken by the beneficiary(ies) after the account
owner is deceased also qualify for a waiver).

. Redemptions through a systematic withdrawal plan (SWP) (see "Automatic
withdrawals" under "Shareholder account services and privileges"
below). For each SWP payment, assets that are not subject to a CDSC,
such as appreciation on shares and shares acquired through
reinvestment of dividends and/or capital gain distributions, will be
redeemed first and will count toward the 12% limit. If there is an
insufficient amount of assets not subject to a CDSC to cover a
particular SWP payment, shares subject to the lowest CDSC will be
redeemed next until the 12% limit is reached. Any dividends and/or
capital gain distributions taken in cash by a shareholder who receives
payments through a SWP will also count toward the 12% limit. In the
case of a SWP, the 12% limit is calculated at the time a systematic
redemption is first made, and is recalculated at the time each
additional systematic redemption is made. Shareholders who establish a
SWP should be aware that the amount of a payment not subject to a CDSC
may vary over time depending on fluctuations in the value of their
accounts. This privilege may be revised or terminated at any time.

For purposes of this paragraph, "account" means:

. in the case of Class A shares, your investment in Class A shares of
all American Funds (investments representing direct purchases of
American Funds money market funds are excluded);

. in the case of Class B shares, your investment in Class B shares of
the particular fund from which you are making the redemption; and

. in the case of Class C shares, your investment in Class C shares of
the particular fund from which you are making the redemption.
CDSC waivers are allowed only in the cases listed here and in the prospectus.
For example, CDSC waivers will not be allowed on redemptions of Class 529-B and
529-C shares due to termination of CollegeAmerica; a determination by the
Internal Revenue Service that CollegeAmerica does not qualify as a qualified
tuition program under the Code; proposal or enactment of law that eliminates or
limits the tax-favored status of CollegeAmerica; or elimination of the fund by
the Virginia College Savings Plan as an option for additional investment within
CollegeAmerica.

EuroPacific Growth Fund -- Page 47
<PAGE>

SELLING SHARES
The methods for selling (redeeming) shares are described more fully in the
prospectus. If you wish to sell your shares by contacting American Funds Service
Company directly, any such request must be signed by the registered
shareholders. To contact American Funds Service Company via overnight mail or
courier service, see "Purchase and exchange of shares".

A signature guarantee may be required for certain redemptions. In such an event,
your signature may be guaranteed by a domestic stock exchange or the National
Association of Securities Dealers, Inc., bank, savings association or credit
union that is an eligible guarantor institution. The Transfer Agent reserves the
right to require a signature guarantee on any redemptions.

Additional documentation may be required for sales of shares held in corporate,
partnership or fiduciary accounts. You must include with your written request
any shares you wish to sell that are in certificate form.

If you sell Class A, B or C shares and request a specific dollar amount to be
sold, we will sell sufficient shares so that the sale proceeds, after deducting
any applicable CDSC, equals the dollar amount requested.

Redemption proceeds will not be mailed until sufficient time has passed to
provide reasonable assurance that checks or drafts (including certified or
cashier's checks) for shares purchased have cleared (which may take up to 15
calendar days from the purchase date). Except for delays relating to clearance
of checks for share purchases or in extraordinary circumstances (and as
permissible under the 1940 Act), sale proceeds will be paid on or before the
seventh day following receipt and acceptance of an order. Interest will not
accrue or be paid on amounts that represent uncashed distribution or redemption
checks.

You may request that redemption proceeds of $1,000 or more from money market
funds be wired to your bank by writing American Funds Service Company. A
signature guarantee is required on all requests to wire funds.

SHAREHOLDER ACCOUNT SERVICES AND PRIVILEGES

The following services and privileges are generally available to all
shareholders. However, certain services and privileges may not be available for
Class 529 shareholders or if your account is held with an investment dealer or
through an employer-sponsored retirement plan.

AUTOMATIC INVESTMENT PLAN -- An automatic investment plan enables you to make
monthly or quarterly investments in the American Funds through automatic debits
from your bank account. To set up a plan, you must fill out an account
application and specify the amount that you would like to invest ($50 minimum
per fund; $25 minimum per fund in the case of employer-sponsored 529 accounts)
and the date on which you would like your investments to occur. The plan will
begin within 30 days after your account application is received. Your bank
account will be debited on the day or a few days before your investment is made,
depending on the bank's capabilities. The Transfer Agent will then invest your
money into the fund you specified on or around the date you specified. If the
date you specified falls on a weekend or holiday, your money will be invested on
the following business day. However, if the following business day falls in the
next month, your money will be invested on the business day immediately
preceding the weekend or holiday. If your bank account cannot be debited due to
insufficient funds, a stop-payment or the closing of

EuroPacific Growth Fund -- Page 48
<PAGE>

the account, the plan may be terminated and the related investment reversed. You
may change the amount of the investment or discontinue the plan at any time by
contacting the Transfer Agent.

AUTOMATIC REINVESTMENT -- Dividends and capital gain distributions are
reinvested in additional shares of the same class and fund at net asset value
unless you indicate otherwise on the account application. You also may elect to
have dividends and/or capital gain distributions paid in cash by informing the
fund, the Transfer Agent or your investment dealer. Dividends and capital gain
distributions paid to retirement plan shareholders or shareholders of the 529
share classes will be automatically reinvested.

If you have elected to receive dividends and/or capital gain distributions in
cash, and the postal or other delivery service is unable to deliver checks to
your address of record, or you do not respond to mailings from American Funds
Service Company with regard to uncashed distribution checks, your distribution
option will automatically be converted to having all dividends and other
distributions reinvested in additional shares.

CROSS-REINVESTMENT OF DIVIDENDS AND DISTRIBUTIONS -- For all share classes,
except the 529 classes of shares, you may cross-reinvest dividends and capital
gains (distributions) into other American Funds in the same share class at net
asset value, subject to the following conditions:

(1) the aggregate value of your account(s) in the fund(s) paying distributions
equals or exceeds $5,000 (this is waived if the value of the account in the fund
receiving the distributions equals or exceeds that fund's minimum initial
investment requirement);

(2) if the value of the account of the fund receiving distributions is below
the minimum initial investment requirement, distributions must be automatically
reinvested; and

(3) if you discontinue the cross-reinvestment of distributions, the value of
the account of the fund receiving distributions must equal or exceed the minimum
initial investment requirement. If you do not meet this requirement within 90
days of notification, the fund has the right to automatically redeem the
account.

AUTOMATIC EXCHANGES -- For all share classes, you may automatically exchange
shares of the same class in amounts of $50 or more among any of the American
Funds on any day (or preceding business day if the day falls on a nonbusiness
day) of each month you designate.

AUTOMATIC WITHDRAWALS -- For all share classes, except the R and 529 classes of
shares, you may automatically withdraw shares from any of the American Funds.
You can make automatic withdrawals of $50 or more as often as you wish if your
account is worth at least $10,000, or up to four times a year for an account
worth at least $5,000. You can designate the day of each period for withdrawals
and request that checks be sent to you or someone else. Withdrawals may also be
electronically deposited to your bank account. The Transfer Agent will withdraw
your money from the fund you specify on or around the date you specify. If the
date you specified falls on a weekend or holiday, the redemption will take place
on the previous business day. However, if the previous business day falls in the
preceding month, the redemption will take place on the following business day
after the weekend or holiday.

Withdrawal payments are not to be considered as dividends, yield or income.
Automatic investments may not be made into a shareholder account from which
there are automatic

EuroPacific Growth Fund -- Page 49
<PAGE>

withdrawals. Withdrawals of amounts exceeding reinvested dividends and
distributions and increases in share value would reduce the aggregate value of
the shareholder's account. The Transfer Agent arranges for the redemption by the
fund of sufficient shares, deposited by the shareholder with the Transfer Agent,
to provide the withdrawal payment specified.

ACCOUNT STATEMENTS -- Your account is opened in accordance with your
registration instructions. Transactions in the account, such as additional
investments, will be reflected on regular confirmation statements from the
Transfer Agent. Dividend and capital gain reinvestments, purchases through
automatic investment plans and certain retirement plans, as well as automatic
exchanges and withdrawals will be confirmed at least quarterly.

AMERICAN FUNDSLINE AND AMERICANFUNDS.COM -- You may check your share balance,
the price of your shares or your most recent account transaction; redeem shares
(up to $75,000 per American Funds shareholder each day) from nonretirement plan
accounts; or exchange shares around the clock with American FundsLine or using
americanfunds.com. To use American FundsLine, call 800/325-3590 from a
TouchTone(TM) telephone. Redemptions and exchanges through American FundsLine
and americanfunds.com are subject to the conditions noted above and in
"Telephone and Internet purchases, redemptions and exchanges" below. You will
need your fund number (see the list of the American Funds under "General
information -- fund numbers"), personal identification number (generally the
last four digits of your Social Security number or other tax identification
number associated with your account) and account number.

Generally, all shareholders are automatically eligible to use these services.
However, if you are not currently authorized to do so, you may complete an
American FundsLink Authorization Form. Once you establish this privilege, you,
your financial adviser or any person with your account information may use these
services.

TELEPHONE AND INTERNET PURCHASES, REDEMPTIONS AND EXCHANGES -- By using the
telephone (including American FundsLine) or the Internet (including
americanfunds.com), or fax purchase, redemption and/or exchange options, you
agree to hold the fund, the Transfer Agent, any of its affiliates or mutual
funds managed by such affiliates, and each of their respective directors,
trustees, officers, employees and agents harmless from any losses, expenses,
costs or liability (including attorney fees) that may be incurred in connection
with the exercise of these privileges. Generally, all shareholders are
automatically eligible to use these services. However, you may elect to opt out
of these services by writing the Transfer Agent (you may also reinstate them at
any time by writing the Transfer Agent). If the Transfer Agent does not employ
reasonable procedures to confirm that the instructions received from any person
with appropriate account information are genuine, it and/or the fund may be
liable for losses due to unauthorized or fraudulent instructions. In the event
that shareholders are unable to reach the fund by telephone because of technical
difficulties, market conditions or a natural disaster, redemption and exchange
requests may be made in writing only.

CHECKWRITING -- You may establish check writing privileges for Class A shares
(but not Class 529-A shares) of American Funds money market funds. This can be
done by using an account application. If you request check writing privileges,
you will be provided with checks that you may use to draw against your account.
These checks may be made payable to anyone you designate and must be signed by
the authorized number of registered shareholders exactly as indicated on your
account application.

EuroPacific Growth Fund -- Page 50
<PAGE>

REDEMPTION OF SHARES -- The fund's Declaration of Trust permits the fund to
direct the Transfer Agent to redeem the shares of any shareholder for their then
current net asset value per share if at such time the shareholder of record owns
shares having an aggregate net asset value of less than the minimum initial
investment amount required of new shareholders as set forth in the fund's
current registration statement under the 1940 Act, and subject to such further
terms and conditions as the board of trustees of the fund may from time to time
adopt.

SHARE CERTIFICATES -- Shares are credited to your account and certificates are
not issued unless you request them by contacting the Transfer Agent.
Certificates are not available for the 529 or R share classes.

GENERAL INFORMATION
CUSTODIAN OF ASSETS -- Securities and cash owned by the fund, including proceeds
from the sale of shares of the fund and of securities in the fund's portfolio,
are held by JPMorgan Chase Bank, 270 Park Avenue, New York, NY 10017-2070, as
Custodian. If the fund holds non-U.S. securities, the Custodian may hold these
securities pursuant to subcustodial arrangements in non-U.S. banks or non-U.S.
branches of U.S. banks.

TRANSFER AGENT -- American Funds Service Company, a wholly owned subsidiary of
the investment adviser, maintains the records of shareholder accounts, processes
purchases and redemptions of the fund's shares, acts as dividend and capital
gain distribution disbursing agent, and performs other related shareholder
service functions. The principal office of American Funds Service Company is
located at 135 South State College Boulevard, Brea, CA 92821-5823. American
Funds Service Company was paid a fee of $32,322,000 for Class A shares and
$794,000 for Class B shares for the 2006 fiscal year.

In the case of certain shareholder accounts, third parties who may be
unaffiliated with the investment adviser provide transfer agency and shareholder
services in place of American Funds Service Company. These services are rendered
under agreements with American Funds Service Company or its affiliates and the
third parties receive compensation according to such agreements. Compensation
for transfer agency and shareholder services, whether paid to American Funds
Service Company or such third parties, is ultimately paid from fund assets and
is reflected in the expenses of the fund as disclosed in the prospectus.

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM -- Deloitte & Touche LLP, 695 Town
Center Drive, Costa Mesa, California 92626, serves as the fund's independent
registered public accounting firm, providing audit services, preparation of tax
returns and review of certain documents to be filed with the Securities and
Exchange Commission. The financial statements included in this statement of
additional information from the annual report have been so included in reliance
on the report of Deloitte & Touche LLP, independent registered public accounting
firm, given on the authority of said firm as experts in accounting and auditing.
The selection of the fund's independent registered public accounting firm is
reviewed and determined annually by the board of trustees.

INDEPENDENT LEGAL COUNSEL -- Kirkpatrick & Lockhart Nicholson Graham LLP, Four
Embarcadero Center, 10th Floor, San Francisco, CA 94111, serves as counsel for
the fund and for non-interested trustees in their capacities as such. Counsel
does not provide legal services to the fund's investment adviser, but provides
an insignificant amount of legal services unrelated to the operations of the
fund to an investment adviser affiliate. A determination with respect to the

EuroPacific Growth Fund -- Page 51
<PAGE>

independence of the fund's "independent legal counsel" will be made at least
annually by the non-interested trustees of the fund, as prescribed by the 1940
Act and related rules.

PROSPECTUSES, REPORTS TO SHAREHOLDERS AND PROXY STATEMENTS -- The fund's fiscal
year ends on March 31. Shareholders are provided updated prospectuses annually
and at least semiannually with reports showing the fund's investment portfolio
or summary investment portfolio, financial statements and other information. The
fund's annual financial statements are audited by the fund's independent
registered public accounting firm, Deloitte & Touche LLP. In addition,
shareholders may also receive proxy statements for the fund. In an effort to
reduce the volume of mail shareholders receive from the fund when a household
owns more than one account, the Transfer Agent has taken steps to eliminate
duplicate mailings of prospectuses, shareholder reports and proxy statements. To
receive additional copies of a prospectus, report or proxy statement,
shareholders should contact the Transfer Agent.

CODES OF ETHICS -- The fund and Capital Research and Management Company and its
affiliated companies, including the fund's Principal Underwriter, have adopted
codes of ethics that allow for personal investments, including securities in
which the fund may invest from time to time. These codes include a ban on
acquisitions of securities pursuant to an initial public offering; restrictions
on acquisitions of private placement securities; preclearance and reporting
requirements; review of duplicate confirmation statements; annual
recertification of compliance with codes of ethics; blackout periods on personal
investing for certain investment personnel; ban on short-term trading profits
for investment personnel; limitations on service as a director of publicly
traded companies; and disclosure of personal securities transactions.

LEGAL PROCEEDINGS -- On February 16, 2005, the NASD filed an administrative
complaint against the Principal Underwriter. The complaint alleges violations of
certain NASD rules by the Principal Underwriter with respect to the selection of
broker-dealer firms that buy and sell securities for mutual fund investment
portfolios. The complaint seeks sanctions, restitution and disgorgement.

On March 24, 2005, the investment adviser and Principal Underwriter filed a
complaint against the Attorney General of the State of California in Los Angeles
County Superior Court. The complaint alleged that the Attorney General
threatened to take enforcement actions against the investment adviser and
Principal Underwriter that are without merit and preempted by federal law. On
the same day, following the filing of the investment adviser's and Principal
Underwriter's complaint, the Attorney General of the State of California filed a
complaint against the Principal Underwriter and investment adviser. Filed in Los
Angeles County Superior Court, the Attorney General's complaint alleged
violations of certain sections of the California Corporations Code with respect
to so-called "revenue sharing" disclosures in mutual fund prospectuses and
statements of additional information. On November 22, 2005, the Los Angeles
Superior Court dismissed the Attorney General's complaint. The Attorney General
is appealing the Superior Court's decision to California's Court of Appeal for
the Second Appellate District.

The investment adviser and Principal Underwriter believe that the likelihood
that these matters could have a material adverse effect on the fund or on the
ability of the investment adviser or Principal Underwriter to perform their
contracts with the fund is remote. The SEC is conducting a related investigation
as of the date of this statement of additional information. The investment
adviser and Principal Underwriter are cooperating fully. In addition, a class
action lawsuit has been filed in the U.S. District Court, Central District of
California, relating to these matters. Although the suit was dismissed in its
entirety, an amended complaint relating to management

EuroPacific Growth Fund -- Page 52
<PAGE>

fees has been filed. The investment adviser believes that this suit is without
merit and will defend itself vigorously. Further updates on these issues will be
available on the American Funds website (americanfunds.com) under "American
Funds regulatory matters."

OTHER INFORMATION -- The financial statements including the investment portfolio
and the report of the fund's independent registered public accounting firm
contained in the annual report are included in this statement of additional
information. The following information is not included in the annual report:

DETERMINATION OF NET ASSET VALUE, REDEMPTION PRICE AND MAXIMUM OFFERING PRICE
PER SHARE FOR CLASS A SHARES -- MARCH 31, 2006

Net asset value and redemption price per share
(Net assets divided by shares outstanding). . . . . . . . . $44.20
Maximum offering price per share
(100/94.25 of net asset value per share,
which takes into account the fund's current maximum
sales charge). . . . . . . . . . . . . . . . . . . . . . . . $46.90

EuroPacific Growth Fund -- Page 53
<PAGE>

FUND NUMBERS -- Here are the fund numbers for use with our automated telephone
line, American FundsLine/(R)/, or when making share transactions:

FUND NUMBERS
------------------------------------
FUND CLASS A CLASS B CLASS C CLASS F
-----------------------------------------------------------------------------------------------------

STOCK AND STOCK/BOND FUNDS
AMCAP Fund/(R)/ . . . . . . . . . . . . . . . . . . . . . . . 002 202 302 402
American Balanced Fund/(R)/ . . . . . . . . . . . . . . . . . 011 211 311 411
American Mutual Fund/(R)/ . . . . . . . . . . . . . . . . . . 003 203 303 403
Capital Income Builder/(R)/ . . . . . . . . . . . . . . . . . 012 212 312 412
Capital World Growth and Income Fund/SM/ . . . . . . . . . . . 033 233 333 433
EuroPacific Growth Fund/(R)/ . . . . . . . . . . . . . . . . . 016 216 316 416
Fundamental Investors/SM/ . . . . . . . . . . . . . . . . . . 010 210 310 410
The Growth Fund of America/(R)/ . . . . . . . . . . . . . . . 005 205 305 405
The Income Fund of America/(R)/ . . . . . . . . . . . . . . . 006 206 306 406
The Investment Company of America/(R)/ . . . . . . . . . . . . 004 204 304 404
The New Economy Fund/(R)/ . . . . . . . . . . . . . . . . . . 014 214 314 414
New Perspective Fund/(R)/ . . . . . . . . . . . . . . . . . . 007 207 307 407
New World Fund/SM/ . . . . . . . . . . . . . . . . . . . . . . 036 236 336 436
SMALLCAP World Fund/(R)/ . . . . . . . . . . . . . . . . . . . 035 235 335 435
Washington Mutual Investors Fund/SM/ . . . . . . . . . . . . . 001 201 301 401
BOND FUNDS
American High-Income Municipal Bond Fund/(R)/ . . . . . . . . 040 240 340 440
American High-Income Trust/SM/ . . . . . . . . . . . . . . . . 021 221 321 421
The Bond Fund of America/SM/ . . . . . . . . . . . . . . . . . 008 208 308 408
Capital World Bond Fund/(R)/ . . . . . . . . . . . . . . . . . 031 231 331 431
Intermediate Bond Fund of America/SM/ . . . . . . . . . . . . 023 223 323 423
Limited Term Tax-Exempt Bond Fund of America/SM/ . . . . . . . 043 243 343 443
The Tax-Exempt Bond Fund of America/(R)/ . . . . . . . . . . . 019 219 319 419
The Tax-Exempt Fund of California/(R)/* . . . . . . . . . . . 020 220 320 420
The Tax-Exempt Fund of Maryland/(R)/* . . . . . . . . . . . . 024 224 324 424
The Tax-Exempt Fund of Virginia/(R)/* . . . . . . . . . . . . 025 225 325 425
U.S. Government Securities Fund/SM/ . . . . . . . . . . . . . 022 222 322 422
MONEY MARKET FUNDS
The Cash Management Trust of America/(R)/ . . . . . . . . . . 009 209 309 409
The Tax-Exempt Money Fund of America/SM/ . . . . . . . . . . . 039 N/A N/A N/A
The U.S. Treasury Money Fund of America/SM/ . . . . . . . . . 049 N/A N/A N/A
___________

*Qualified for sale only in certain jurisdictions.

EuroPacific Growth Fund -- Page 54
<PAGE>

FUND NUMBERS
---------------------------------------------
CLASS CLASS CLASS CLASS CLASS
FUND 529-A 529-B 529-C 529-E 529-F
-------------------------------------------------------------------------------

STOCK AND STOCK/BOND FUNDS
AMCAP Fund . . . . . . . . . . 1002 1202 1302 1502 1402
American Balanced Fund . . . . 1011 1211 1311 1511 1411
American Mutual Fund . . . . . 1003 1203 1303 1503 1403
Capital Income Builder . . . . 1012 1212 1312 1512 1412
Capital World Growth and Income
Fund . . . . . . . . . . . . . 1033 1233 1333 1533 1433
EuroPacific Growth Fund . . . . 1016 1216 1316 1516 1416
Fundamental Investors . . . . . 1010 1210 1310 1510 1410
The Growth Fund of America . . 1005 1205 1305 1505 1405
The Income Fund of America . . 1006 1206 1306 1506 1406
The Investment Company of
America . . . . . . . . . . . . 1004 1204 1304 1504 1404
The New Economy Fund . . . . . 1014 1214 1314 1514 1414
New Perspective Fund . . . . . 1007 1207 1307 1507 1407
New World Fund . . . . . . . . 1036 1236 1336 1536 1436
SMALLCAP World Fund . . . . . . 1035 1235 1335 1535 1435
Washington Mutual Investors Fund
. . . . . . . . . . . . . . . 1001 1201 1301 1501 1401
BOND FUNDS
American High-Income Trust . . 1021 1221 1321 1521 1421
The Bond Fund of America . . . 1008 1208 1308 1508 1408
Capital World Bond Fund . . . . 1031 1231 1331 1531 1431
Intermediate Bond Fund of
America . . . . . . . . . . . . 1023 1223 1323 1523 1423
U.S. Government Securities Fund 1022 1222 1322 1522 1422
MONEY MARKET FUND
The Cash Management Trust of
America . . . . . . . . . . . . 1009 1209 1309 1509 1409

EuroPacific Growth Fund -- Page 55
<PAGE>

FUND NUMBERS
----------------------------------------
CLASS CLASS CLASS CLASS CLASS
FUND R-1 R-2 R-3 R-4 R-5
-------------------------------------------------------------------------------

STOCK AND STOCK/BOND FUNDS
AMCAP Fund . . . . . . . . . . . . . 2102 2202 2302 2402 2502
American Balanced Fund . . . . . . . 2111 2211 2311 2411 2511
American Mutual Fund . . . . . . . . 2103 2203 2303 2403 2503
Capital Income Builder . . . . . . . 2112 2212 2312 2412 2512
Capital World Growth and Income Fund 2133 2233 2333 2433 2533
EuroPacific Growth Fund . . . . . . 2116 2216 2316 2416 2516
Fundamental Investors . . . . . . . 2110 2210 2310 2410 2510
The Growth Fund of America . . . . . 2105 2205 2305 2405 2505
The Income Fund of America . . . . . 2106 2206 2306 2406 2506
The Investment Company of America . 2104 2204 2304 2404 2504
The New Economy Fund . . . . . . . . 2114 2214 2314 2414 2514
New Perspective Fund . . . . . . . . 2107 2207 2307 2407 2507
New World Fund . . . . . . . . . . . 2136 2236 2336 2436 2536
SMALLCAP World Fund . . . . . . . . 2135 2235 2335 2435 2535
Washington Mutual Investors Fund . . 2101 2201 2301 2401 2501
BOND FUNDS
American High-Income Municipal Bond
Fund . . . . . . . . . . . . . . . . N/A N/A N/A N/A 2540
American High-Income Trust . . . . . 2121 2221 2321 2421 2521
The Bond Fund of America . . . . . . 2108 2208 2308 2408 2508
Capital World Bond Fund . . . . . . 2131 2231 2331 2431 2531
Intermediate Bond Fund of America . 2123 2223 2323 2423 2523
Limited Term Tax-Exempt Bond Fund of
America. . . . . . . . . . . . . . . N/A N/A N/A N/A 2543
The Tax-Exempt Bond Fund of America N/A N/A N/A N/A 2519
The Tax-Exempt Fund of California* . N/A N/A N/A N/A 2520
The Tax-Exempt Fund of Maryland* . . N/A N/A N/A N/A 2524
The Tax-Exempt Fund of Virginia* . . N/A N/A N/A N/A 2525
U.S. Government Securities Fund . . 2122 2222 2322 2422 2522
MONEY MARKET FUNDS
The Cash Management Trust of America 2109 2209 2309 2409 2509
The Tax-Exempt Money Fund of America N/A N/A N/A N/A 2539
The U.S. Treasury Money Fund of
America . . . . . . . . . . . . . . 2149 2249 2349 2449 2549
___________

*Qualified for sale only in certain
jurisdictions.

EuroPacific Growth Fund -- Page 56
<PAGE>

APPENDIX

The following descriptions of debt security ratings are based on information
provided by Moody's Investors Service and Standard & Poor's Corporation.

DESCRIPTION OF BOND RATINGS

MOODY'S
LONG-TERM RATING DEFINITIONS

Aaa
Obligations rated Aaa are judged to be of the highest quality, with minimal
credit risk.

Aa
Obligations rated Aa are judged to be of high quality and are subject to very
low credit risk.

A
Obligations rated A are considered upper-medium grade and are subject to low
credit risk.

Baa
Obligations rated Baa are subject to moderate credit risk. They are considered
medium-grade and as such may possess certain speculative characteristics.

Ba
Obligations rated Ba are judged to have speculative elements and are subject to
substantial credit risk.

B
Obligations rated B are considered speculative and are subject to high credit
risk.

Caa
Obligations rated Caa are judged to be of poor standing and are subject to very
high credit risk.

Ca
Obligations rated Ca are highly speculative and are likely in, or very near,
default, with some prospect of recovery of principal and interest.

C
Obligations rated C are the lowest rated class of bonds and are typically in
default, with little prospect for recovery of principal or interest.

NOTE: Moody's appends numerical modifiers 1, 2, and 3 to each generic rating
classification from Aa through Caa. The modifier 1 indicates that the obligation
ranks in the higher end of its generic rating category; the modifier 2 indicates
a mid-range ranking; and the modifier 3 indicates a ranking in the lower end of
that generic rating category.

EuroPacific Growth Fund -- Page 57
<PAGE>

STANDARD & POOR'S
LONG-TERM ISSUE CREDIT RATINGS

AAA
An obligation rated AAA has the highest rating assigned by Standard & Poor's.
The obligor's capacity to meet its financial commitment on the obligation is
extremely strong.

AA
An obligation rated AA differs from the highest-rated obligations only in small
degree. The obligor's capacity to meet its financial commitment on the
obligation is very strong.

A
An obligation rated A is somewhat more susceptible to the adverse effects of
changes in circumstances and economic conditions than obligations in
higher-rated categories. However, the obligor's capacity to meet its financial
commitment on the obligation is still strong.

BBB
An obligation rated BBB exhibits adequate protection parameters. However,
adverse economic conditions or changing circumstances are more likely to lead to
a weakened capacity of the obligor to meet its financial commitment on the
obligation.

BB, B, CCC, CC, AND C
Obligations rated BB, B, CCC, CC, and C are regarded as having significant
speculative characteristics. BB indicates the least degree of speculation and C
the highest. While such obligations will likely have some quality and protective
characteristics, these may be outweighed by large uncertainties or major
exposures to adverse conditions.

BB
An obligation rated BB is less vulnerable to nonpayment than other speculative
issues. However, it faces major ongoing uncertainties or exposure to adverse
business, financial, or economic conditions which could lead to the obligor's
inadequate capacity to meet its financial commitment on the obligation.

B
An obligation rated B is more vulnerable to nonpayment than obligations rated
BB, but the obligor currently has the capacity to meet its financial commitment
on the obligation. Adverse business, financial, or economic conditions will
likely impair the obligor's capacity or willingness to meet its financial
commitment on the obligation.

CCC
An obligation rated CCC is currently vulnerable to nonpayment and is dependent
upon favorable business, financial, and economic conditions for the obligor to
meet its financial commitment on the obligation. In the event of adverse
business, financial, or economic conditions, the obligor is not likely to have
the capacity to meet its financial commitment on the obligation.

CC
An obligation rated CC is currently highly vulnerable to nonpayment.

EuroPacific Growth Fund -- Page 58
<PAGE>

C
The C rating may be used to cover a situation where a bankruptcy petition has
been filed or similar action has been taken, but payments on this obligation are
being continued.

D
An obligation rated D is in payment default. The D rating category is used when
payments on an obligation are not made on the date due even if the applicable
grace period has not expired, unless Standard & Poor's believes that such
payments will be made during such grace period. The D rating also will be used
upon the filing of a bankruptcy petition or the taking of a similar action if
payments on an obligation are jeopardized.

PLUS (+) OR MINUS (-)
The ratings from AA to CCC may be modified by the addition of a plus or minus
sign to show relative standing within the major rating categories.

EuroPacific Growth Fund -- Page 59

[Logo - American Funds®]

EuroPacific Growth Fund ^®

Investment portfolio

March 31, 2006

Common stocks — 91.07%	Shares			Market value (000)

FINANCIALS — 22.77%
Kookmin Bank		16,803,310		$	1,451,006
ING Groep NV		19,733,017			779,740
Allianz AG		4,311,335			720,006
Mitsubishi UFJ Financial Group, Inc.		43,978			672,446
Sun Hung Kai Properties Ltd.		62,729,000			637,040
BNP Paribas		5,959,356			553,669
BNP Paribas ¹		540,725			48,533
UBS AG		5,403,398			593,334
Shinhan Financial Group Co., Ltd.		12,200,900			546,253
Banco Santander Central Hispano, SA		35,864,805			523,834
UniCredito Italiano SpA (Italy)		61,795,000			447,313
UniCredito Italiano SpA (Germany)		10,000,000			71,878
Banco Itaú Holding Financeira SA, preferred nominative		15,056,000			445,485
Banco Bradesco SA, preferred nominative		11,967,800			428,860
ABN AMRO Holding NV		13,263,019			397,723
HSBC Holdings PLC (United Kingdom)		13,747,439			230,568
HSBC Holdings PLC (Hong Kong)		8,998,436			150,643
Mitsui Sumitomo Insurance Co., Ltd.		27,031,000			367,623
ORIX Corp.		1,057,000			329,078
ORIX Corp. (ADR)		189,600			29,445
Macquarie Bank Ltd.		7,444,164			344,553
Mitsui Trust Holdings, Inc.		21,427,000			313,251
Sompo Japan Insurance Inc.		21,399,000			310,296
Unibanco-União de Bancos Brasileiros SA, units (GDR)		4,166,500			307,946
DnB NOR ASA		22,555,000			303,871
Hongkong Land Holdings Ltd.		80,980,300			301,247
Mizuho Financial Group, Inc.		36,060			294,986
AXA		8,204,200			287,987
Erste Bank der oesterreichischen Sparkassen AG		3,091,800			179,921
Erste Bank der oesterreichischen Sparkassen AG ¹		1,738,686			102,549
Société Générale		1,798,000			270,458
Swire Pacific Ltd.		27,195,500			266,193
Credit Suisse Group		4,665,000			261,671
Royal Bank of Scotland Group PLC		7,911,244			257,533
Housing Development Finance Corp. Ltd.		8,542,500			256,736
QBE Insurance Group Ltd.		14,700,760			230,175
DEPFA BANK PLC		12,890,000			229,672
NIPPONKOA Insurance Co., Ltd.		24,280,000			221,515
Millea Holdings, Inc.		11,063			218,967
Hypo Real Estate Holding AG		3,188,540			218,633
Hana Financial Holdings		4,497,778			212,945
HBOS PLC		12,505,955			208,877
Sumitomo Mitsui Financial Group, Inc.		17,590			194,249
Crédit Agricole SA		4,870,000			189,543
Bank of Nova Scotia		4,600,000			184,536
Sampo OYJ		8,154,100			171,678
Sberbank (Savings Bank of the Russian Federation) (GDR)		1,107,500			163,910
Samsung Fire & Marine Insurance Co., Ltd.		1,200,950			158,833
FirstRand Ltd.		48,000,000			156,225
PartnerRe Holdings Ltd.		2,437,850			151,366
Lloyds TSB Group PLC		14,562,900			139,333
Takefuji Corp.		2,118,000			133,320
Mitsubishi Estate Co., Ltd.		5,550,000			131,537
Banco Bilbao Vizcaya Argentaria, SA		6,206,200			129,538
AIFUL Corp.		1,901,200			125,810
DBS Group Holdings Ltd.		12,450,000			125,555
Zurich Financial Services ¹		532,000			124,933
ICICI Bank Ltd.		6,982,300			92,467
ICICI Bank Ltd. (ADR)		1,111,300			30,761
PT Bank Mandiri (Persero) Tbk ²		606,602,500			113,252
Westfield Group		9,236,563			113,026
Promise Co., Ltd.		1,844,700			111,572
ForeningsSparbanken AB		3,938,500			111,216
Cathay Financial Holding Co., Ltd.		61,550,000			110,141
Westpac Banking Corp.		5,119,760			87,269
Woori Finance Holdings Co., Ltd. (Korea)		4,000,000			79,457
State Bank of India		3,200,000			69,676
China Construction Bank Corp. ¹		115,773,300			54,086
Fairfax Financial Holdings Ltd.		500,000			53,209
Chinatrust Financial Holding Co., Ltd.		70,063,513			49,826
Brookfield Asset Management Inc.		750,500			41,335
Malayan Banking Bhd.		13,150,300			39,285
Wharf (Holdings) Ltd.		7,800,000			28,649
Security Capital European Realty ^1,2,3		39,607			633
					18,490,685

CONSUMER DISCRETIONARY — 12.58%
Industria de Diseno Textil, SA		17,719,915			684,084
Toyota Motor Corp.		11,122,600			607,529
Mediaset SpA		49,429,411			582,358
Vivendi Universal		16,942,448			581,989
Continental AG		4,977,500			548,119
LG Electronics Inc.		5,805,850			470,874
Honda Motor Co., Ltd.		7,042,150			436,096
Swatch Group Ltd, non-registered shares		1,650,246			277,002
Swatch Group Ltd		4,367,061			152,032
Hyundai Motor Co.		4,906,120			412,546
Kingfisher PLC		93,422,191			388,871
SEGA SAMMY HOLDINGS INC.		9,170,000			372,346
Sony Corp.		7,070,000			327,315
Bridgestone Corp.		13,747,000			286,688
News Corp. Inc., Class A		15,109,826			250,974
News Corp. Inc., Class B		1,848,614			32,462
Porsche AG, nonvoting preferred		280,000			268,117
British Sky Broadcasting Group PLC		27,222,638			255,490
Compagnie Générale des Etablissements Michelin		3,798,000			238,694
Suzuki Motor Corp.		9,396,867			215,924
DSG International PLC		65,779,418			210,929
NOK Corp.		6,845,000			184,324
Esprit Holdings Ltd.		23,100,000			179,813
Carnival PLC		3,450,000			169,690
Fuji Heavy Industries Ltd.		25,777,000			151,526
Nikon Corp.		8,259,000			148,033
Cie. Financière Richemont AG, units		3,058,816			146,596
Rakuten, Inc.		154,400			140,340
Renault SA		1,198,700			127,496
Koninklijke Philips Electronics NV		3,750,000			126,771
Grupo Televisa, SA, ordinary participation certificates (ADR)		5,929,600			117,999
Volkswagen AG, nonvoting preferred		1,333,000			73,176
Volkswagen AG		423,965			32,020
HYUNDAI MOBIS		1,177,800			104,252
Yamada Denki Co., Ltd.		849,000			97,867
JCDecaux SA ¹		3,528,700			95,509
Reed Elsevier NV		6,648,100			95,328
Pearson PLC		6,324,272			87,713
Sekisui House, Ltd.		4,780,000			71,302
Reed Elsevier PLC		7,300,000			70,034
Daito Trust Construction Co., Ltd.		1,315,000			68,587
Premiere AG ¹		3,618,000			64,246
Li & Fung Ltd.		24,388,000			55,003
Daiwa House Industry Co., Ltd.		2,960,300			51,300
Marks and Spencer Group PLC		4,500,000			43,524
Agfa-Gevaert NV		1,900,000			36,203
Funai Electric Co., Ltd.		285,000			28,180
Publishing & Broadcasting Ltd.		2,270,000			28,102
NEXT PLC		385,000			11,041
Kesa Electricals PLC		709,926			3,850
Antena 3 Televisión, SA		64,652			1,668
TI Automotive Ltd. ^1,2		3,197,300			—
					10,211,932

INFORMATION TECHNOLOGY — 11.39%
Samsung Electronics Co., Ltd.		1,526,475			989,789
Samsung Electronics Co., Ltd., nonvoting preferred		48,800			24,988
Taiwan Semiconductor Manufacturing Co. Ltd.		443,816,406			879,088
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		10,800,200			108,650
Hon Hai Precision Industry Co., Ltd.		133,057,418			825,143
Hynix Semiconductor Inc. ¹		18,507,940			550,514
Rohm Co., Ltd.		4,623,700			489,000
Toshiba Corp.		78,028,000			453,374
Murata Manufacturing Co., Ltd.		6,377,500			431,776
Hoya Corp.		8,920,000			359,922
Nippon Electric Glass Co., Ltd.		13,969,000			347,682
Tokyo Electron Ltd.		4,545,700			313,550
High Tech Computer Corp.		11,400,000			312,329
AU Optronics Corp.		195,305,000			294,054
LG.Philips LCD Co., Ltd. ¹		6,343,360			285,960
Chi Mei Optoelectronics Corp.		187,659,598			264,884
Hirose Electric Co., Ltd.		1,830,000			257,276
Nintendo Co., Ltd.		1,600,200			239,242
Acer Inc.		102,306,000			188,439
Canon, Inc.		2,652,600			175,533
Mediatek Incorporation		14,673,324			169,994
SAP AG		760,000			164,903
Powerchip Semiconductor Corp.		278,750,000			163,404
Quanta Computer Inc.		70,346,000			115,681
TDK Corp.		1,525,000			114,906
Yahoo Japan Corp.		181,200			110,518
Advanced Semiconductor Engineering, Inc.		116,643,491			110,482
Compal Electronics, Inc.		102,759,000			105,099
Wipro Ltd.		8,000,000			100,665
Infosys Technologies Ltd.		1,480,000			99,201
SOFTBANK CORP.		2,224,600			65,196
ASML Holding NV ¹		2,500,000			51,060
ASML Holding NV (New York registered) ¹		213,000			4,339
Konica Minolta Holdings, Inc.		2,928,000			37,359
Ricoh Co., Ltd.		1,125,000			21,980
livedoor Co., Ltd. ¹		21,906,152			19,725
					9,245,705

HEALTH CARE — 7.96%
Roche Holding AG		14,394,700			2,142,482
Novo Nordisk A/S		14,772,550			919,533
AstraZeneca PLC (Sweden)		11,286,617			569,181
AstraZeneca PLC (United Kingdom)		5,725,000			288,551
Sanofi-Aventis		7,160,800			681,349
UCB NV		7,296,059			359,048
Smith & Nephew PLC		38,987,200			346,252
Chugai Pharmaceutical Co., Ltd.		16,132,400			292,581
Novartis AG		4,613,960			256,508
Merck KGaA		2,560,400			243,405
Shionogi & Co., Ltd.		7,420,000			121,713
Essilor		1,250,000			111,513
Gedeon Richter Ltd.		453,400			91,472
Elan Corp., PLC (ADR) ¹		3,000,000			43,320
					6,466,908

TELECOMMUNICATION SERVICES — 7.61%
América Móvil SA de CV, Series L (ADR)		33,648,000			1,152,780
América Móvil SA de CV, Series L		21,540,000			36,748
Koninklijke KPN NV		54,855,000			618,355
Vodafone Group PLC		285,094,779			597,071
Telekom Austria AG		19,619,056			462,526
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk ²		518,454,200			395,575
Tele Norte Leste Participações SA, ordinary nominative		762,130			16,892
Tele Norte Leste Participações SA, preferred nominative		16,764,775			279,568
Tele Norte Leste Participações SA, preferred nominative (ADR)		130,000			2,168
Teléfonos de México, SA de CV (ADR)		12,683,600			285,127
Teléfonos de México, SA de CV		8,400,000			9,490
Telefónica, SA		15,941,093			250,223
Portugal Telecom, SGPS, SA		15,795,000			191,643
China Mobile (Hong Kong) Ltd.		32,000,000			168,054
Singapore Telecommunications Ltd.		90,508,500			148,393
France Télécom, SA		6,573,000			147,870
China Unicom Ltd.		176,248,000			143,099
KT Corp.		2,335,060			93,850
KT Corp. (ADR)		2,172,880			46,282
Telenor ASA		12,500,000			134,534
Mobile Telesystems OJSC (ADR)		3,554,000			117,637
Bharti Tele-Ventures Ltd. ¹		12,507,000			116,058
BT Group PLC		30,000,000			115,751
Philippine Long Distance Telephone Co.		2,976,260			112,229
KDDI Corp.		20,000			106,864
Advanced Info Service PCL		42,980,000			101,240
SK Telecom Co., Ltd. (ADR)		4,255,575			100,389
BCE Inc.		3,145,196			75,807
China Netcom Group Corp. (Hong Kong) Ltd. (ADR)		1,592,800			56,401
Telecomunicações de Sao Paulo SA, preferred nominative		2,061,761			51,091
Telecom Italia SpA, nonvoting		15,605,000			41,575
					6,175,290

ENERGY — 6.83%
Petróleo Brasileiro SA - Petrobras, ordinary nominative (ADR)		9,263,000			802,824
Petróleo Brasileiro SA - Petrobras, preferred nominative (ADR)		1,068,850			85,348
Royal Dutch Shell PLC, Class B		9,583,091			311,789
Royal Dutch Shell PLC, Class B (ADR)		1,874,848			122,146
Royal Dutch Shell PLC, Class A		7,325,000			229,246
Royal Dutch Shell PLC, Class A (ADR)		1,000,000			62,260
Norsk Hydro ASA		3,375,000			467,834
Norsk Hydro ASA (ADR)		250,000			34,585
MOL Magyar Olaj- és Gázipari Rt.		4,846,200			497,649
Canadian Natural Resources, Ltd.		8,180,000			454,873
Petro-Canada		8,600,000			408,078
Oil & Natural Gas Corp. Ltd.		13,814,400			407,273
Reliance Industries Ltd.		20,420,718			365,144
SK Corp.		5,003,780			335,783
Nexen Inc.		4,308,231			237,357
TOTAL SA		701,100			185,002
Cameco Corp.		4,000,000			143,947
Husky Energy Inc.		1,900,000			115,016
ENI SpA		3,500,000			99,610
OAO NOVATEK (GDR) ³		1,197,600			46,108
OAO NOVATEK (GDR)		925,000			35,613
Repsol YPF, SA		2,172,800			61,733
PetroChina Co. Ltd.		36,000,000			37,580
					5,546,798

CONSUMER STAPLES — 6.03%
Nestlé SA		2,802,250			831,586
Seven & I Holdings Co., Ltd.		16,087,000			636,811
Koninklijke Ahold NV ¹		70,836,332			557,236
Groupe Danone		2,578,000			315,917
Diageo PLC		19,706,500			310,475
METRO AG		4,975,000			255,138
Tesco PLC		43,889,561			251,724
L’Oréal SA		2,400,000			211,487
Shinsegae Co., Ltd.		450,155			205,248
Unilever PLC		19,106,185			195,587
Unilever NV		2,722,800			189,107
Wal-Mart de México, SA de CV		64,835,718			171,126
Coca-Cola HBC SA		4,669,583			145,122
Woolworths Ltd.		8,410,292			113,327
Pernod Ricard Co.		540,000			103,482
Fomento Económico Mexicano, SA de CV (ADR)		935,600			85,757
Gallaher Group PLC		5,550,866			81,038
Foster’s Group Ltd.		19,950,000			75,807
Uni-Charm Corp.		1,538,900			75,559
Coca-Cola FEMSA, SA de CV		13,500,000			45,171
Koninklijke Numico NV ¹		840,000			37,173
					4,893,878

MATERIALS — 5.17%
Nitto Denko Corp.		6,179,900			524,441
Bayer AG		12,655,000			507,111
Cemex, SA de CV, ordinary participation certificates, units (ADR)		5,378,256			351,093
POSCO		1,315,000			339,036
Harmony Gold Mining Co. Ltd. ¹		18,181,600			295,876
Cía. Vale do Rio Doce, preferred nominative		3,700,000			159,957
Cía. Vale do Rio Doce, ordinary nominative (ADR)		2,000,000			97,060
AngloGold Ashanti Ltd.		4,275,000			228,186
Barrick Gold Corp.		4,080,000			111,139
Barrick Gold Corp. (Canada)		3,537,838			96,305
Kuraray Co., Ltd.		16,637,500			195,602
Siam Cement PCL		26,121,400			172,148
Lonmin PLC		3,450,000			159,676
Gold Fields Ltd.		6,107,500			133,570
BHP Billiton PLC		6,000,000			109,650
Ivanhoe Mines Ltd. ¹		10,160,000			96,629
UPM-Kymmene Corp.		4,000,000			94,544
BASF AG		1,170,500			91,794
JSR Corp.		3,000,000			89,195
Stora Enso Oyj		5,394,843			83,046
Holcim Ltd.		1,028,571			81,870
Kaneka Corp.		4,100,000			49,143
L’Air Liquide		224,000			46,645
Clariant Ltd. ¹		2,295,000			35,549
Yara International ASA		1,580,000			25,146
Rio Tinto PLC		375,000			19,044
LANXESS AG ¹		210,000			7,893
					4,201,348

INDUSTRIALS — 4.77%
Siemens AG		6,854,000			640,028
Asahi Glass Co., Ltd.		38,439,000			574,365
Mitsubishi Corp.		15,700,000			357,424
FANUC LTD		3,050,000			293,548
Nippon Express Co., Ltd.		47,489,900			269,481
Fraport AG		3,316,649			252,463
Sandvik AB		3,792,000			224,646
Mitsui & Co., Ltd.		12,449,000			179,988
Marubeni Corp.		30,000,000			156,983
Singapore Airlines Ltd.		17,788,000			154,075
Bombardier Inc. ¹		39,396,400			114,770
Capita Group PLC		14,197,623			113,384
Metso Oyj		2,500,000			96,513
Ryanair Holdings PLC (ADR) ¹		1,700,463			93,015
Macquarie Infrastructure Group		31,044,081			84,640
Bharat Heavy Electricals Ltd.		1,500,000			75,605
JS Group Corp.		2,390,000			51,365
MISC Berhad		18,871,600			48,690
Wesfarmers Ltd.		1,180,000			29,453
Qantas Airways Ltd.		9,309,391			23,583
Contax Participações SA		16,764,775			20,927
Contax Participações SA, ordinary nominative ¹		762,130			1,268
Contax Participações SA, preferred nominative (ADR)		130,000			162
Vedior NV		848,285			16,626
					3,873,002

UTILITIES — 2.93%
RAO Unified Energy System of Russia (GDR)		12,315,100			841,121
E.ON AG		3,948,000			434,560
Veolia Environnement		5,335,400			296,384
National Grid PLC		20,936,428			208,318
Gas Natural SDG, SA		6,510,000			188,511
Hong Kong and China Gas Co. Ltd.		50,000,000			120,821
RWE AG		1,230,000			107,075
Scottish Power PLC		10,070,000			101,860
Korea Electric Power Corp.		1,915,960			80,456
					2,379,106

MISCELLANEOUS — 3.03%
Other common stocks in initial period of acquisition					2,457,274


Total common stocks (cost: $51,199,754,000)					73,941,926



Warrants — 0.04%

FINANCIALS — 0.04%
ING Groep NV, warrants, expire 2008 ¹		1,730,000			33,342


Total warrants (cost: $46,430,000)					33,342



Convertible securities — 0.02%		Principal amount (000	)

FINANCIALS — 0.02%
Fairfax Financial Holdings Ltd. 5.00% convertible debentures 2023 ³	$	20,000			16,800


Total convertible securities (cost: $20,366,000)					16,800



		Principal amount			Market value
Short-term securities — 8.63%		(000	)		(000	)

Federal Home Loan Bank 4.373%-4.65% due 4/17-6/7/2006	$	490,900		$	487,415
Spintab AB (Swedmortgage) 4.43%-4.76% due 4/4-6/1/2006		296,200			295,223
Total Capital SA 4.40%-4.755% due 4/6-6/7/2006 ³		294,000			292,622
Stadshypotek Delaware Inc. 4.52%-4.64% due 4/24-5/8/2006 ³		142,900			142,436
Svenska Handelsbanken Inc. 4.425%-4.75% due 4/5-6/5/2006		130,200			129,748
Freddie Mac 4.52%-4.60% due 5/1-5/30/2006		227,700			226,269
Westpac Banking Corp. 4.695% due 5/24/2006 ³		100,000			99,314
Westpac Trust Securities NZ Ltd. 4.62%-4.88% due 5/8-6/30/2006 ³		125,000			123,866
Amsterdam Funding Corp. 4.58%-4.76% due 4/7-5/16/2006 ³		220,000			219,036
Royal Bank of Canada 4.705% due 5/15/2006		50,000			49,994
Old Line Funding, LLC 4.56%-4.68% due 4/10-5/12/2006 ³		146,580			146,147
Thunder Bay Funding, LLC 4.56% due 4/4/2006 ³		20,000			19,990
Dexia Delaware LLC 4.525%-4.645% due 4/7-5/10/2006		215,000			214,266
Allied Irish Banks N.A. Inc. 4.57%-4.865% due 4/28-6/30/2006 ³		200,000			198,902
Fannie Mae 4.57%-4.76% due 5/24-6/28/2006		199,600			197,637
Danske Corp. 4.575%-4.81% due 4/18-5/30/2006 ³		194,200			193,267
HSBC USA Inc. 4.44%-4.86% due 4/6-6/27/2006		190,000			189,243
Depfa Bank PLC 4.57%-4.895% due 4/4-6/26/2006		134,000			133,990
Depfa Bank PLC 4.525% due 4/5/2006 ³		50,000			49,976
Toyota Motor Credit Corp. 4.50%-4.68% due 4/6-5/11/2006		157,300			156,800
Toyota Credit de Puerto Rico Corp. 4.63% due 5/3/2006		20,000			19,920
Barton Capital LLC 4.50%-4.81% due 4/3-6/5/2006 ³		175,000			174,485
U.S. Treasury Bills 4.33%-4.385% due 4/27-5/4/2006		170,540			169,913
ING (U.S.) Funding LLC 4.54%-4.69% due 4/11-5/25/2006		169,600			168,980
Sheffield Receivables Corp. 4.58%-4.76% due 4/3-5/1/2006 ³		116,500			116,166
Barclays U.S. Funding Corp. 4.675% due 5/22/2006		50,000			49,662
BASF AG 4.51%-4.63% due 4/19-5/8/2006 ³		165,300			164,669
American Honda Finance Corp. 4.50%-4.54% due 4/11-4/25/2006		162,000			161,639
Nestlé Capital Corp. 4.51%-4.52% due 4/4-4/12/2006 ³		82,400			82,309
Alcon Capital Corp. 4.50% 4/7/2006 ³		50,000			49,956
Citigroup Funding Inc. 4.52%-4.81% due 4/4-6/14/2006		126,200			125,442
Toronto-Dominion Holdings USA Inc. 4.545%-4.55% due 4/21-4/24/2006 ³		125,000			124,671
BMW U.S. Capital Corp. 4.51%-4.71% due 4/12-5/22/2006 ³		125,000			124,603
Bank of Ireland 4.555%-4.68% due 4/18-5/23/2006 ³		124,000			123,554
HBOS Treasury Services PLC 4.62%-4.75% due 5/10-6/9/2006		116,500			115,675
IXIS Commercial Paper Corp. 4.58%-4.67% due 4/20-5/12/2006 ³		110,000			109,605
GlaxoSmithKline Finance PLC 4.53%-4.60% due 4/19-5/11/2006		110,000			109,588
Private Export Funding Corp. 4.53%-4.59% due 5/9-5/15/2006 ³		110,000			109,421
DaimlerChrysler Revolving Auto Conduit LLC II 4.58%-4.81% due 4/4-5/30/2006		104,304			103,622
UBS Finance (Delaware) LLC 4.58%-4.72% due 4/21-5/18/2006		103,600			103,223
Canadian Imperial Bank of Commerce 4.53% due 4/18/2006		50,000			49,997
Canadian Imperial Holdings Inc. 4.53% due 4/10/2006		50,000			49,943
KfW International Finance Inc. 4.53% due 4/26/2006 ³		95,000			94,705
ANZ National (International) Ltd. 4.67%-4.69% due 5/10-5/23/2006 ³		88,500			87,952
Shell International Finance BV 4.50%-4.51% due 4/3-4/11/2006		84,300			84,237
Swedish Export Credit Corp. 4.675%-4.81% due 4/21-6/27/2006		76,600			76,117
Calyon North America Inc. 4.50% due 4/3/2006		75,000			74,981
International Bank for Reconstruction and Development 4.42% due 4/7/2006		75,000			74,943
BNP Paribas Finance Inc. 4.654% due 5/12/2006		75,000			74,612
CBA (Delaware) Finance Inc. 4.63%-4.64% due 4/27-4/28/2006		74,200			73,938
Rabobank USA Financial Corp. 4.53% due 4/17/2006		50,000			49,898
Caisse d’Amortissement de la Dette Sociale 4.50% due 4/10/2006		49,800			49,743
Bank of America Corp. 4.685% due 5/24/2006		50,000			49,655
Scotiabank Inc. 4.88% due 6/30/2006 ³		50,000			49,400
Tennessee Valley Authority 4.445% due 4/13/2006		36,504			36,445
Canada Government 4.71% due 5/26/2006		30,000			29,786
Royal Bank of Scotland PLC 4.535% due 4/20/2006		27,200			27,137
Statoil ASA 4.56% due 4/6/2006		25,000			24,981
Bank of Montreal 4.51% due 4/13/2006		25,000			24,963
Siemens Capital Co. LLC 4.57% due 5/5/2006		25,000			24,894
National Australia Funding (Delaware) Inc. 4.68% due 4/10/2006 ³		17,300			17,278
British Columbia Hydro and Power Authority 4.57% due 4/10/2006		7,000			6,991


Total short-term securities (cost: $7,005,349,000)					7,005,840

Total investment securities (cost: $58,271,899,000)					80,997,908
Other assets less liabilities					198,222

Net assets				$	81,196,130

“Miscellaneous” securities include holdings in their initial period of acquisition that have not previously been publicly disclosed.

¹ Security did not produce income during the last 12 months.

² Valued under fair value procedures adopted by authority of the board of trustees.

³ Purchased in a private placement transaction; resale may be limited to qualified institutional buyers; resale to the public may require registration.

The total value of all such restricted securities was $2,977,871,000, which represented 3.67% of the net assets of the fund.

ADR = American Depositary Receipts

GDR = Global Depositary Receipts

See Notes to Financial Statements

MFGEFP-916-0506-S4549

Financial statements

Statement of assets and liabilities
at March 31, 2006	(dollars and shares in thousands, except per-share amounts )

Assets:

Investment securities at market (cost: $58,271,899)				$	80,997,908
Cash denominated in non-U.S. currencies
(cost: $38,245)					38,181
Cash					20,405
Receivables for:
Sales of investments		$	311,254
Sales of fund's shares			459,557
Dividends and interest			199,246		970,057
					82,026,551
Liabilities:
Payables for:
Purchases of investments			522,603
Repurchases of fund's shares			229,194
Investment advisory services			25,984
Services provided by affiliates			23,017
Deferred trustees' compensation			2,460
Other fees and expenses			27,163		830,421
Net assets at March 31, 2006				$	81,196,130

Net assets consist of:
Capital paid in on shares of beneficial interest				$	55,619,863
Distributions in excess of net investment income					(202,944	)
Undistributed net realized gain					3,079,039
Net unrealized appreciation					22,700,172
Net assets at March 31, 2006				$	81,196,130

Shares of beneficial interest issued and outstanding - unlimited shares authorized (1,842,105 total shares outstanding)
		Net assets	Shares outstanding		Net asset value per share(*	)

Class A	$	50,209,018	1,135,892	$	44.20
Class B		1,393,719	31,884		43.71
Class C		2,696,874	62,217		43.35
Class F		6,685,530	151,765		44.05
Class 529-A		386,618	8,788		44.00
Class 529-B		64,398	1,483		43.42
Class 529-C		164,097	3,782		43.38
Class 529-E		23,919	547		43.75
Class 529-F		23,233	528		43.98
Class R-1		65,702	1,518		43.29
Class R-2		735,283	16,958		43.36
Class R-3		4,336,420	99,376		43.64
Class R-4		5,352,243	122,512		43.69
Class R-5		9,059,076	204,855		44.22
(*) Maximum offering price and redemption price per share were equal to the net asset value per share for all share classes, except for Class A and 529-A, for which the maximum offering prices per share were $46.90 and $46.68, respectively.

See Notes to Financial Statements

Statement of operations
for the year ended March 31, 2006		(dollars in thousands				)
Investment income:
Income:
Dividends (net of non-U.S. taxes of $141,426)	$	1,285,694

Interest (net of non-U.S. taxes of $5)		207,777		$	1,493,471

Fees and expenses:(*)
Investment advisory services		279,176
Distribution services		179,141
Transfer agent services		33,116
Administrative services		30,330
Reports to shareholders		1,290
Registration statement and prospectus		3,054
Postage, stationery and supplies		3,281
Trustees' compensation		792
Auditing and legal		222
Custodian		18,716
State and local taxes		843
Other		384
Total fees and expenses before reimbursements/waivers		550,345
Less reimbursement/waiver of fees and expenses:
Investment advisory services		27,918
Administrative services		630
Total fees and expenses after reimbursements/waivers					521,797
Net investment income					971,674

Net realized gain and unrealized
appreciation on investments
and non-U.S. currency:
Net realized gain (loss) on:
Investments		4,899,166
Non-U.S. currency transactions		(29,647	)		4,869,519
Net unrealized appreciation (depreciation) on:
Investments		11,586,333
Non-U.S. currency translations		(2,435	)		11,583,898
Net realized gain and
unrealized appreciation
on investments and non-U.S. currency					16,453,417
Net increase in net assets resulting
from operations				$	17,425,091

(*) Additional information related to class-specific fees and expenses is included in the Notes to Financial Statements.



Statements of changes in net assets		(dollars in thousands )

		Year ended March 31
		2006			2005
Operations:
Net investment income	$	971,674		$	578,352
Net realized gain on investments and
non-U.S. currency transactions		4,869,519			2,670,830
Net unrealized appreciation
on investments and non-U.S. currency translations		11,583,898			2,265,511
Net increase in net assets
resulting from operations		17,425,091			5,514,693

Dividends and distributions paid to
shareholders:
Dividends from net investment income and non-U.S. currency gains		(1,165,183	)		(716,189	)
Distributions from net realized gain
on investments		(2,179,508	)		-
Total dividends and distributions paid
to shareholders		(3,344,691	)		(716,189	)

Capital share transactions		12,951,237			7,477,962

Total increase in net assets		27,031,637			12,276,466

Net assets:
Beginning of year		54,164,493			41,888,027
End of year (including
distributions in excess of
net investment income: $(202,944) and $(45,469),
respectively)	$	81,196,130		$	54,164,493

See Notes to Financial Statements

Notes to financial statements

1.	Organization and significant accounting policies

Organization - EuroPacific Growth Fund (the "fund") is registered under the Investment Company Act of 1940 as an open-end, diversified management investment company. The fund seeks long-term capital appreciation by investing primarily in the securities of companies based in Europe and the Pacific Basin.

The fund offers 14 share classes consisting of four retail share classes, five CollegeAmerica® savings plan share classes and five retirement plan share classes. The CollegeAmerica savings plan share classes (529-A, 529-B, 529-C, 529-E and 529-F) can be utilized to save for college education. The five retirement plan share classes (R-1, R-2, R-3, R-4 and R-5) are sold without any sales charges and do not carry any conversion rights. The fund’s share classes are described below:

Share class	Initial sales charge	Contingent deferred sales charge upon redemption	Conversion feature
Class A and 529-A	Up to 5.75%	None (except 1% for certain redemptions within one year of purchase without an initial sales charge)	None
Class B and 529-B	None	Declines from 5% to 0% for redemptions within six years of purchase	Class B and 529-B convert to Class A and 529-A, respectively, after eight years
Class C	None	1% for redemptions within one year of purchase	Class C converts to Class F after 10 years
Class 529-C	None	1% for redemptions within one year of purchase	None
Class 529-E	None	None	None
Class F and 529-F	None	None	None
Class R-1, R-2, R-3, R-4 and R-5	None	None	None

Holders of all share classes have equal pro rata rights to assets, dividends and liquidation proceeds. Each share class has identical voting rights, except for the exclusive right to vote on matters affecting only its class. Share classes have different fees and expenses ("class-specific fees and expenses"), primarily due to different arrangements for distribution, administrative and shareholder services. Differences in class-specific fees and expenses will result in differences in net investment income and, therefore, the payment of different per-share dividends by each class.

Significant accounting policies - The financial statements have been prepared to comply with accounting principles generally accepted in the United States of America. These principles require management to make estimates and assumptions that affect reported amounts and disclosures. Actual results could differ from those estimates. The following is a summary of the significant accounting policies followed by the fund:

Security valuation - Equity securities are valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market in which the security trades. Fixed-income securities, including short-term securities purchased with more than 60 days left to maturity, are valued at prices obtained from an independent pricing service when such prices are available. However, where the investment adviser deems it appropriate, such securities will be valued at the mean quoted bid and asked prices (or bid prices, if asked prices are not available) or at prices for securities of comparable maturity, quality and type. Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are valued in the manner described above for either equity or fixed-income securities, depending on which method is deemed most appropriate by the investment adviser. Short-term securities purchased within 60 days to maturity are valued at amortized cost, which approximates market value. The value of short-term securities originally purchased with maturities greater than 60 days is determined based on an amortized value to par when they reach 60 days or less remaining to maturity. The ability of the issuers of the debt securities held by the fund to meet their obligations may be affected by economic developments in a specific industry, state or region. Forward currency contracts are valued at the mean of representative quoted bid and asked prices. Securities and other assets for which representative market quotations are not readily available are fair valued as determined in good faith under procedures adopted by authority of the fund's board of trustees. Various factors may be reviewed in order to make a good faith determination of a security’s fair value. These factors include, but are not limited to, the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; and changes in overall market conditions. If events occur that materially affect the value of securities (particularly non-U.S. securities) between the close of trading in those securities and the close of regular trading on the New York Stock Exchange, the securities are fair valued.

Security transactions and related investment income - Security transactions are recorded by the fund as of the date the trades are executed with brokers. Realized gains and losses from security transactions are determined based on the specific identified cost of the securities. In the event a security is purchased with a delayed payment date, the fund will segregate liquid assets sufficient to meet its payment obligations. Dividend income is recognized on the ex-dividend date and interest income is recognized on an accrual basis. Market discounts, premiums and original issue discounts on fixed-income securities are amortized daily over the expected life of the security.

Class allocations - Income, fees and expenses (other than class-specific fees and expenses) and realized and unrealized gains and losses are allocated daily among the various share classes based on their relative net assets. Class-specific fees and expenses, such as distribution, administrative and shareholder services, are charged directly to the respective share class.

Dividends and distributions to shareholders - Dividends and distributions paid to shareholders are recorded on the ex-dividend date.

Non-U.S. currency translation - Assets and liabilities, including investment securities, denominated in non-U.S. currencies are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investment securities and income and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions. In the accompanying financial statements, the effects of changes in non-U.S. exchange rates on investment securities are included with the net realized gain or loss and net unrealized appreciation or depreciation on investments. The realized gain or loss and unrealized appreciation or depreciation resulting from all other transactions denominated in non-U.S. currencies are disclosed separately.

Forward currency contracts - The fund may enter into forward currency contracts, which represent agreements to exchange non-U.S. currencies on specific future dates at predetermined rates. The fund enters into these contracts to manage its exposure to changes in non-U.S. exchange rates arising from investments denominated in non-U.S. currencies. Upon entering into these contracts, risks may arise from the potential inability of counterparties to meet the terms of their contracts and from possible movements in non-U.S. exchange rates. Due to these risks, the fund could incur losses up to the entire contract amount, which may exceed the net unrealized value shown on the accompanying financial statements. On a daily basis, the fund values forward currency contracts based on the applicable exchange rates and records unrealized gains or losses. The fund records realized gains or losses at the time the forward contract is closed or offset by another contract with the same broker for the same settlement date and currency.

2.	Non-U.S. investments

Investment risk - The risks of investing in securities of non-U.S. issuers may include, but are not limited to, investment and repatriation restrictions; revaluation of currencies; adverse political, social and economic developments; government involvement in the private sector; limited and less reliable investor information; lack of liquidity; certain local tax law considerations; and limited regulation of the securities markets.

Taxation - Dividend and interest income is recorded net of non-U.S. taxes paid. Gains realized by the fund on the sale of securities in certain countries are subject to non-U.S. taxes. The fund records a liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities. For the year ended March 31, 2006, non-U.S. taxes paid on realized gains were $24,719,000. As of March 31, 2006, non-U.S. taxes provided on unrealized gains were $24,556,000.

3. Federal income taxation and distributions

The fund complies with the requirements under Subchapter M of the Internal Revenue Code applicable to mutual funds and intends to distribute substantially all of its net taxable income and net capital gains each year. The fund is not subject to income taxes to the extent such distributions are made.

Distributions - Distributions paid to shareholders are based on net investment income and net realized gains determined on a tax basis, which may differ from net investment income and net realized gains for financial reporting purposes. These differences are due primarily to differing treatment for items such as non-U.S. currency gains and losses; short-term capital gains and losses; capital losses related to sales of certain securities within 30 days of purchase; unrealized appreciation of certain inve stments in non-U.S. securities; deferred expenses; and non-U.S. taxes on capital gains. The fiscal year in which amounts are distributed may differ from the year in which the net investment income and net realized gains are recorded by the fund for financial reporting purposes. The fund may also designate a portion of the amount paid to redeeming shareholders as a distribution for tax purposes. As of March 31, 2006, the cost of investment securities for federal income tax purposes was $58,964,431,000.

During the year ended March 31, 2006, the fund reclassified $36,141,000 from undistributed net realized gains to undistributed net investment income; and reclassified $107,000 from undistributed net investment income and $238,786,000 from undistributed net realized gains to capital paid in on shares of beneficial interest to align financial reporting with tax reporting.

As of March 31, 2006, the components of distributable earnings on a tax basis were as follows (dollars in thousands):

Undistributed net investment income and non-U.S. currency gains	$ 497,121
Loss deferrals related to non-U.S. currency that were realized during the period November 1, 2005, through March 31, 2006		(10,673	)
Undistributed short-term capital gains		1,161,715
Undistributed long-term capital gains		1,922,922
Gross unrealized appreciation on investment securities		22,812,119
Gross unrealized depreciation on investment securities		(778,642	)
Net unrealized appreciation on investment securities		22,033,477

Undistributed net investment income and non-U.S. currency gains above include non-U.S. currency losses of $3,693,000 that were realized during the period November 1, 2004, through March 31, 2005. During the year ended March 31, 2006, the fund realized, on a tax basis, a net capital gain of $4,834,998,000.

The tax character of distributions paid to shareholders was as follows (dollars in thousands):

	Year ended March 31, 2006						Year ended March 31, 2005
		Ordinary income		Long-term capital gains		Total distributions paid		Ordinary income		Long-term capital gains		Total distributions paid
Share class
Class A	$	759,044	$	1,397,736	$	2,156,780	$	522,903	$	-	$	522,903
Class B		13,272		38,144		51,416		7,662		-		7,662
Class C		24,151		69,543		93,694		12,061		-		12,061
Class F		93,903		173,956		267,859		49,621		-		49,621
Class 529-A		5,281		9,692		14,973		2,348		-		2,348
Class 529-B		546		1,718		2,264		270		-		270
Class 529-C		1,435		4,253		5,688		603		-		603
Class 529-E		274		589		863		119		-		119
Class 529-F		327		577		904		132		-		132
Class R-1		599		1,547		2,146		240		-		240
Class R-2		6,864		18,799		25,663		2,902		-		2,902
Class R-3		50,412		106,965		157,377		23,867		-		23,867
Class R-4		70,568		130,147		200,715		31,595		-		31,595
Class R-5		138,507		225,842		364,349		61,866		-		61,866
Total	$	1,165,183	$	2,179,508	$	3,344,691	$	716,189	$	-	$	716,189

4. Fees and transactions with related parties

Capital Research and Management Company ("CRMC"), the fund’s investment adviser, is the parent company of American Funds Service Company ("AFS"), the fund’s transfer agent, and American Funds Distributors, Inc. ("AFD"), the principal underwriter of the fund’s shares .

Investment advisory services -The Investment Advisory and Service Agreement with CRMC provides for monthly fees accrued daily. These fees are based on a declining series of annual rates beginning with 0.690% on the first $500 million of daily net assets and decreasing to 0.405% on such assets in excess of $71 billion. CRMC is currently waiving 10% of investment advisory services fees. During the year ended March 31, 2006, total investment advisory services fees waived by CRMC were $27,918,000. As a result, the fee shown on the accompanying financial statements of $279,176,000, which was equivalent to an annualized rate of 0.435%, was reduced to $251,258,000, or 0.391% of average daily net assets.

Class-specific fees and expenses - Expenses that are specific to individual share classes are accrued directly to the respective share class. The principal class-specific fees and expenses are described below:

Distribution services - The fund has adopted plans of distribution for all share classes, except Class R-5. Under the plans, the board of trustees approves certain categories of expenses that are used to finance activities primarily intended to sell fund shares and service existing accounts. The plans provide for payments, based on an annualized percentage of average daily net assets, ranging from 0.25% to 1.00% as noted below. In some cases, the board of trustees has limited the amounts that may be paid to less than the maximum allowed by the plans. All share classes may use up to 0.25% of average daily net assets to pay service fees, or to compensate AFD for paying service fees, to firms that have entered into agreements with AFD to provide certain shareholder services. The remaining amounts available to be paid under each plan are paid to dealers to compensate them for their sales activities.

For Class A and 529-A, the board of trustees has also approved the reimbursement of dealer and wholesaler commissions paid by AFD for certain shares sold without a sales charge. These classes reimburse AFD for amounts billed within the prior 15 months but only to the extent that the overall annual expense limit of 0.25% is not exceeded. As of March 31, 2006, unreimbursed expenses subject to reimbursement totaled $13,749,000 for Class A. There were no unreimbursed expenses subject to reimbursement for Class 529-A.

Share class	Currently approved limits	Plan limits
Class A	0.25%	0.25%
Class 529-A	0.25	0.50
Class B and 529-B	1.00	1.00
Class C, 529-C and R-1	1.00	1.00
Class R-2	0.75	1.00
Class 529-E and R-3	0.50	0.75
Class F, 529-F and R-4	0.25	0.50

Transfer agent services - The fund has a transfer agent agreement with AFS for Class A and B. Under this agreement, these share classes compensate AFS for transfer agent services including shareholder recordkeeping, communications and transaction processing. AFS is also compensated for certain transfer agent services provided to all other share classes from the administrative services fees paid to CRMC described on the following page.

Administrative services - The fund has an administrative services agreement with CRMC to provide transfer agent and other related shareholder services for all share classes other than Class A and B. Each relevant share class pays CRMC annual fees up to 0.15% (0.10% for Class R-5) based on its respective average daily net assets. Each relevant share class also pays AFS additional amounts for certain transfer agent services. CRMC and AFS may use these fees to compensate third parties for performing these services. CRMC has agreed to pay AFS on the fund's behalf for a portion of the transfer agent services fees for some of the retirement plan share classes. For the year ended March 31, 2006, the total administrative services fees paid by CRMC were $1,000 and $629,000 for Class R-1 and R-2, respectively. Administrative services fees are presented gross of any payments made by CRMC. Each 529 share class is subject to an additional annual administrative services fee of 0.10% of its respective average daily net assets; this fee is payable to the Commonwealth of Virginia for the maintenance of the CollegeAmerica plan. Although these amounts are included with administrative services fees on the accompanying financial statements, the Commonwealth of Virginia is not considered a related party.

Expenses under the agreements described above for the year ended March 31, 2006, were as follows (dollars in thousands):

Share class	Distribution services	Transfer agent services	Administrative services
Share class	Distribution services	Transfer agent services	CRMC administrative services	Transfer agent services	Commonwealth of Virginia administrative services
Class A	$104,956	$32,322	Not applicable	Not applicable	Not applicable
Class B	11,134	794	Not applicable	Not applicable	Not applicable
Class C	19,614	Included in administrative services	$2,830	$352	Not applicable
Class F	12,411		5,310	557	Not applicable
Class 529-A	461		238	29	$272
Class 529-B	488		43	22	49
Class 529-C	1,177		104	44	118
Class 529-E	82		15	2	16
Class 529-F	3		14	2	16
Class R-1	398		57	21	Not applicable
Class R-2	3,881		771	2,011	Not applicable
Class R-3	15,515		4,530	934	Not applicable
Class R-4	9,021		5,526	115	Not applicable
Class R-5	Not applicable		6,281	51	Not applicable
Total	$179,141	$33,116	$25,719	$4,140	$471

Deferred trustees’ compensation - Since the adoption of the deferred compensation plan in 1993, trustees who are unaffiliated with CRMC may elect to defer the cash payment of part or all of their compensation. These deferred amounts, which remain as liabilities of the fund, are treated as if invested in shares of the fund or other American Funds. These amounts represent general, unsecured liabilities of the fund and vary according to the total returns of the selected funds. Trustees’ compensation of $792,000, shown on the accompanying financial statements, includes $363,000 in current fees (either paid in cash or deferred) and a net increase of $429,000 in the value of the deferred amounts.

Affiliated officers and trustees - Officers and certain trustees of the fund are or may be considered to be affiliated with CRMC, AFS and AFD. No affiliated officers or trustees received any compensation directly from the fund.

5. Capital share transactions

Capital share transactions in the fund were as follows (dollars and shares in thousands):

Share class		*Sales( )**			Reinvestments of dividends and distributions			*Repurchases( )**					Net increase
		Amount	Shares		Amount	Shares		Amount		Shares			Amount	Shares
Year ended March 31, 2006
Class A	$	8,534,230	212,260	$	2,043,046	49,977	$	(7,057,998	)	(179,258	)	$	3,519,278	82,979
Class B		251,424	6,302		49,103	1,213		(103,791	)	(2,660	)		196,736	4,855
Class C		862,304	21,782		90,002	2,240		(231,111	)	(5,932	)		721,195	18,090
Class F		2,239,413	56,190		234,046	5,745		(792,274	)	(19,984	)		1,681,185	41,951
Class 529-A		124,997	3,132		14,973	368		(10,656	)	(266	)		129,314	3,234
Class 529-B		13,939	354		2,264	56		(1,558	)	(40	)		14,645	370
Class 529-C		51,016	1,300		5,688	141		(6,419	)	(163	)		50,285	1,278
Class 529-E		8,384	211		863	21		(708	)	(17	)		8,539	215
Class 529-F		7,844	195		904	22		(847	)	(21	)		7,901	196
Class R-1		39,340	988		2,142	53		(13,441	)	(350	)		28,041	691
Class R-2		336,231	8,570		25,635	638		(115,279	)	(2,947	)		246,587	6,261
Class R-3		2,149,181	54,390		157,301	3,895		(965,574	)	(24,801	)		1,340,908	33,484
Class R-4		2,523,838	63,546		200,459	4,961		(856,006	)	(21,686	)		1,868,291	46,821
Class R-5		3,672,179	91,973		354,930	8,684		(888,777	)	(22,271	)		3,138,332	78,386
Total net increase
(decrease)	$	20,814,320	521,193	$	3,181,356	78,014	$	(11,044,439	)	(280,396	)	$	12,951,237	318,811

Year ended March 31, 2005
Class A	$	6,368,083	191,318	$	487,060	14,175	$	(5,554,993	)	(168,189	)	$	1,300,150	37,304
Class B		193,292	5,893		7,274	213		(69,186	)	(2,113	)		131,380	3,993
Class C		582,150	17,757		11,548	341		(115,140	)	(3,500	)		478,558	14,598
Class F		1,528,316	46,074		43,192	1,261		(451,133	)	(13,620	)		1,120,375	33,715
Class 529-A		80,293	2,409		2,348	69		(5,367	)	(161	)		77,274	2,317
Class 529-B		11,969	367		270	8		(719	)	(22	)		11,520	353
Class 529-C		33,743	1,025		603	18		(3,273	)	(99	)		31,073	944
Class 529-E		4,422	133		119	3		(335	)	(10	)		4,206	126
Class 529-F		5,238	159		132	4		(862	)	(27	)		4,508	136
Class R-1		22,982	695		240	7		(3,933	)	(122	)		19,289	580
Class R-2		229,096	6,970		2,900	86		(59,582	)	(1,829	)		172,414	5,227
Class R-3		1,409,987	42,745		23,844	701		(347,312	)	(10,487	)		1,086,519	32,959
Class R-4		1,692,744	51,340		31,296	921		(367,006	)	(11,172	)		1,357,034	41,089
Class R-5		2,246,312	66,636		60,479	1,760		(623,129	)	(18,573	)		1,683,662	49,823
Total net increase
(decrease)	$	14,408,627	433,521	$	671,305	19,567	$	(7,601,970	)	(229,924	)	$	7,477,962	223,164


(*) Includes exchanges between share classes of the fund.

6. Investment transactions

The fund made purchases and sales of investment securities, excluding short-term securities, of $28,613,334,000 and $21,015,456,000, respectively, during the year ended March 31, 2006.

Financial highlights (1)

			Income (loss) from investment operations(2)									Dividends and distributions

		Net asset value, beginning of period		Net investment income		Net gains (losses) on securities (both realized and unrealized	)		Total from investment operations			Dividends (from net investment income	)		Distributions (from capital gains	)		Total dividends and distributions			Net asset value, end of period	Total return (3	)		Net assets, end of period (in millions	)			Ratio of expenses to average net assets before reimbursements/ waivers				Ratio of expenses to average net assets after reimbursements/ waivers		(4	)	Ratio of net income to average net assets
Class A:
Year ended 3/31/2006	$	35.63	$	.62	$	9.99		$	10.61		$	(.72	)	$	(1.32	)	$	(2.04	)	$	44.20	30.25	%	$	50,209				.81	%			.76	%			1.58	%
Year ended 3/31/2005		32.26		.43		3.45			3.88			(.51	)		-			(.51	)		35.63	12.08			37,515				.83				.82				1.31
Year ended 3/31/2004		20.78		.29		11.50			11.79			(.31	)		-			(.31	)		32.26	57.11			32,759				.87				.87				1.08
Year ended 3/31/2003		27.23		.25		(6.46	)		(6.21	)		(.24	)		-			(.24	)		20.78	(23.16	)		20,143				.90				.90				1.06
Year ended 3/31/2002		28.72		.33		(1.16	)		(.83	)		(.66	)		-			(.66	)		27.23	(2.63	)		27,765				.88				.88				1.21
Class B:
Year ended 3/31/2006		35.29		.32		9.88			10.20			(.46	)		(1.32	)		(1.78	)		43.71	29.32			1,394				1.55				1.51				.82
Year ended 3/31/2005		32.00		.18		3.41			3.59			(.30	)		-			(.30	)		35.29	11.24			954				1.58				1.56				.55
Year ended 3/31/2004		20.65		.08		11.41			11.49			(.14	)		-			(.14	)		32.00	55.95			737				1.62				1.62				.31
Year ended 3/31/2003		27.09		.07		(6.43	)		(6.36	)		(.08	)		-			(.08	)		20.65	(23.79	)		387				1.68				1.68				.28
Year ended 3/31/2002		28.56		.11		(1.14	)		(1.03	)		(.44	)		-			(.44	)		27.09	(3.34	)		422				1.65				1.65				.41
Class C:
Year ended 3/31/2006		35.04		.27		9.82			10.09			(.46	)		(1.32	)		(1.78	)		43.35	29.21			2,697				1.64				1.60				.71
Year ended 3/31/2005		31.81		.14		3.40			3.54			(.31	)		-			(.31	)		35.04	11.16			1,546				1.67				1.65				.44
Year ended 3/31/2004		20.58		.06		11.37			11.43			(.20	)		-			(.20	)		31.81	55.76			939				1.70				1.70				.19
Year ended 3/31/2003		27.07		.05		(6.42	)		(6.37	)		(.12	)		-			(.12	)		20.58	(23.80	)		275				1.74				1.74				.19
Year ended 3/31/2002		28.56		.06		(1.14	)		(1.08	)		(.41	)		-			(.41	)		27.07	(3.53	)		178				1.77				1.77				.22
Class F:
Year ended 3/31/2006		35.52		.59		9.97			10.56			(.71	)		(1.32	)		(2.03	)		44.05	30.22			6,686				.84				.80				1.50
Year ended 3/31/2005		32.18		.40		3.45			3.85			(.51	)		-			(.51	)		35.52	12.01			3,901				.90				.89				1.20
Year ended 3/31/2004		20.75		.27		11.48			11.75			(.32	)		-			(.32	)		32.18	57.02			2,449				.92				.92				.97
Year ended 3/31/2003		27.23		.24		(6.46	)		(6.22	)		(.26	)		-			(.26	)		20.75	(23.21	)		861				.94				.94				1.00
Year ended 3/31/2002		28.72		.26		(1.11	)		(.85	)		(.64	)		-			(.64	)		27.23	(2.71	)		580				.95				.95				.98
Class 529-A:
Year ended 3/31/2006		35.49		.58		9.97			10.55			(.72	)		(1.32	)		(2.04	)		44.00	30.21			387				.85				.80				1.47
Year ended 3/31/2005		32.15		.39		3.46			3.85			(.51	)		-			(.51	)		35.49	12.04			197				.91				.89				1.18
Year ended 3/31/2004		20.74		.27		11.47			11.74			(.33	)		-			(.33	)		32.15	57.00			104				.91				.91				.98
Year ended 3/31/2003		27.23		.23		(6.45	)		(6.22	)		(.27	)		-			(.27	)		20.74	(23.22	)		33				.94				.94				.98
Period from 2/15/2002 to 3/31/2002		26.02		.11		1.10			1.21			-			-			-			27.23	4.88			4				.13				.13				.42
Class 529-B:
Year ended 3/31/2006		35.09		.25		9.82			10.07			(.42	)		(1.32	)		(1.74	)		43.42	29.10			64				1.71				1.67				.64
Year ended 3/31/2005		31.86		.10		3.40			3.50			(.27	)		-			(.27	)		35.09	11.01			39				1.80				1.79				.30
Year ended 3/31/2004		20.61		.02		11.38			11.40			(.15	)		-			(.15	)		31.86	55.61			24				1.83				1.83				.06
Year ended 3/31/2003		27.21		.02		(6.43	)		(6.41	)		(.19	)		-			(.19	)		20.61	(23.91	)		8				1.86				1.86				.07
Period from 2/19/2002 to 3/31/2002		25.54		.08		1.59			1.67			-			-			-			27.21	6.77			1				.20				.20				.29
Class 529-C:
Year ended 3/31/2006		35.08		.24		9.83			10.07			(.45	)		(1.32	)		(1.77	)		43.38	29.11			164				1.70				1.66				.63
Year ended 3/31/2005		31.86		.10		3.40			3.50			(.28	)		-			(.28	)		35.08	11.02			88				1.79				1.78				.31
Year ended 3/31/2004		20.61		.02		11.39			11.41			(.16	)		-			(.16	)		31.86	55.66			50				1.82				1.82				.07
Year ended 3/31/2003		27.20		.02		(6.42	)		(6.40	)		(.19	)		-			(.19	)		20.61	(23.88	)		15				1.84				1.84				.08
Period from 2/15/2002 to 3/31/2002		26.02		.09		1.09			1.18			-			-			-			27.20	4.77			1				.22				.22				.35
Class 529-E:
Year ended 3/31/2006		35.33		.45		9.91			10.36			(.62	)		(1.32	)		(1.94	)		43.75	29.77			24				1.18				1.13				1.13
Year ended 3/31/2005		32.04		.28		3.43			3.71			(.42	)		-			(.42	)		35.33	11.63			12				1.26				1.24				.84
Year ended 3/31/2004		20.69		.17		11.44			11.61			(.26	)		-			(.26	)		32.04	56.45			7				1.28				1.28				.61
Year ended 3/31/2003		27.23		.15		(6.44	)		(6.29	)		(.25	)		-			(.25	)		20.69	(23.48	)		2				1.30				1.30				.66
Period from 3/7/2002 to 3/31/2002		27.39		.06		(.22	)		(.16	)		-			-			-			27.23	(.36	)		-		(5	)	.09				.09				.23
Class 529-F:
Year ended 3/31/2006		35.45		.64		9.96			10.60			(.75	)		(1.32	)		(2.07	)		43.98	30.39			23				.70				.66				1.63
Year ended 3/31/2005		32.13		.36		3.44			3.80			(.48	)		-			(.48	)		35.45	11.89			12				1.01				.99				1.09
Year ended 3/31/2004		20.74		.24		11.48			11.72			(.33	)		-			(.33	)		32.13	56.79			6				1.02				1.02				.82
Period from 9/16/2002 to 3/31/2003		22.67		.16		(1.83	)		(1.67	)		(.26	)		-			(.26	)		20.74	(7.57	)		1				1.05		(6	)	1.05		(6	)	1.31		(6	)
Class R-1:
Year ended 3/31/2006	$	35.04	$	.26	$	9.82		$	10.08		$	(.51	)	$	(1.32	)	$	(1.83	)	$	43.29	29.16	%	$	66				1.65	%			1.61	%			.66	%
Year ended 3/31/2005		31.89		.11		3.43			3.54			(.39	)		-			(.39	)		35.04	11.18			29				1.72				1.68				.34
Year ended 3/31/2004		20.67		.04		11.41			11.45			(.23	)		-			(.23	)		31.89	55.72			8				1.82				1.71				.15
Period from 6/17/2002 to 3/31/2003		26.26		.06		(5.41	)		(5.35	)		(.24	)		-			(.24	)		20.67	(20.56	)		1				2.84		(6	)	1.73		(6	)	.32		(6	)
Class R-2:
Year ended 3/31/2006		35.07		.26		9.83			10.09			(.48	)		(1.32	)		(1.80	)		43.36	29.20			735				1.76				1.60				.68
Year ended 3/31/2005		31.86		.14		3.41			3.55			(.34	)		-			(.34	)		35.07	11.17			375				1.90				1.64				.42
Year ended 3/31/2004		20.64		.05		11.40			11.45			(.23	)		-			(.23	)		31.86	55.78			174				2.08				1.67				.17
Period from 5/31/2002 to 3/31/2003		27.34		.10		(6.55	)		(6.45	)		(.25	)		-			(.25	)		20.64	(23.80	)		29				2.33		(6	)	1.70		(6	)	.53		(6	)
Class R-3:
Year ended 3/31/2006		35.23		.46		9.89			10.35			(.62	)		(1.32	)		(1.94	)		43.64	29.85			4,336				1.15				1.11				1.18
Year ended 3/31/2005		31.96		.30		3.42			3.72			(.45	)		-			(.45	)		35.23	11.68			2,321				1.18				1.16				.89
Year ended 3/31/2004		20.68		.15		11.45			11.60			(.32	)		-			(.32	)		31.96	56.46			1,052				1.29				1.29				.51
Period from 5/21/2002 to 3/31/2003		27.64		.17		(6.86	)		(6.69	)		(.27	)		-			(.27	)		20.68	(24.40	)		63				1.35		(6	)	1.31		(6	)	.87		(6	)
Class R-4:
Year ended 3/31/2006		35.25		.57		9.91			10.48			(.72	)		(1.32	)		(2.04	)		43.69	30.20			5,352				.87				.83				1.45
Year ended 3/31/2005		31.95		.39		3.44			3.83			(.53	)		-			(.53	)		35.25	12.04			2,668				.90				.88				1.17
Year ended 3/31/2004		20.63		.27		11.41			11.68			(.36	)		-			(.36	)		31.95	57.00			1,106				.92				.92				.92
Period from 6/7/2002 to 3/31/2003		26.69		.22		(6.00	)		(5.78	)		(.28	)		-			(.28	)		20.63	(21.87	)		76				.96		(6	)	.96		(6	)	1.27		(6	)
Class R-5:
Year ended 3/31/2006		35.64		.69		10.02			10.71			(.81	)		(1.32	)		(2.13	)		44.22	30.56			9,059				.58				.53				1.74
Year ended 3/31/2005		32.26		.50		3.47			3.97			(.59	)		-			(.59	)		35.64	12.38			4,507				.59				.58				1.51
Year ended 3/31/2004		20.78		.35		11.51			11.86			(.38	)		-			(.38	)		32.26	57.49			2,473				.61				.61				1.27
Period from 5/15/2002 to 3/31/2003		27.55		.26		(6.74	)		(6.48	)		(.29	)		-			(.29	)		20.78	(23.71	)		782				.63		(6	)	.63		(6	)	1.31		(6	)

	Year ended March 31
	2006		2005		2004		2003		2002

Portfolio turnover rate for all classes of shares	35	%	30	%	25	%	29	%	27	%

(1) Based on operations for the periods shown (unless otherwise noted) and, accordingly, may not be representative of a full year.

(2) Based on average shares outstanding.

(3) Total returns exclude all sales charges, including contingent deferred sales charges.

(4) The ratios in this column reflect the impact, if any, of certain reimbursements/waivers from CRMC.

During some of the periods shown, CRMC reduced fees for investment advisory services for all

share classes. In addition, during the start-up period for the retirement plan share classes (except Class R-5),

CRMC agreed to pay a portion of the fees related to transfer agent services.

(5) Amount less than $1 million.

(6) Annualized.

See Notes to Financial Statements

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Trustees of EuroPacific Growth Fund:

We have audited the accompanying statement of assets and liabilities of EuroPacific Growth Fund (the “Fund”), including the investment portfolio, as of March 31, 2006, and the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, and the financial highlights for each of the four years in the period then ended. These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. The financial highlights for the period ended March 31, 2002, were audited by other auditors whose report, dated April 30, 2002, expressed an unqualified opinion on those financial highlights.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. The Fund is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of March 31, 2006, by correspondence with the custodian and brokers; where replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of EuroPacific Growth Fund as of March 31, 2006, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the four years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

DELOITTE & TOUCHE LLP

Costa Mesa, California

May 11, 2006

Tax information

unaudited

We are required to advise you within 60 days of the fund’s fiscal year-end regarding the federal tax status of certain distributions received by shareholders during such fiscal year. The information below is provided for the fund’s fiscal year ended March 31, 2006.

During the fiscal year ended, the fund paid a long-term capital gain distribution of $2,179,508,000.

The amount of foreign taxes passed through to shareholders for the fiscal year was $162,423,000. Foreign source income earned by the fund for the fiscal year was $1,593,921,000.

Individual shareholders are eligible for reduced tax rates on qualified dividend income. The fund designates $1,450,550,000 of the dividends received as qualified dividend income.

Corporate shareholders may exclude up to 70% of qualifying dividends. The fund designates $2,425,000 of dividends received as qualified dividend income.

For state tax purposes, certain states may exempt from income taxation that portion of the income dividends paid by the fund that were derived from direct U.S. government obligations. The fund designates $8,422,000 as interest derived on direct U.S. government obligations.

Individual shareholders should refer to their Form 1099-DIV or other tax information, which will be mailed in January 2007, to determine the calendar year amounts to be included on their 2006 tax returns. Shareholders should consult their tax advisers .

<PAGE>






[logo - American Funds (r)]                      The right choice for the long term/(R)/




EuroPacific
Growth Fund/(R)/


RETIREMENT PLAN PROSPECTUS




 June 1, 2006











TABLE OF CONTENTS

 1    Risk/Return summary
 4    Fees and expenses of the fund
 6    Investment objective, strategies and risks
 9    Management and organization
13    Purchase, exchange and sale of shares
16    Sales charges
18    Sales charge reductions
20    Rollovers from retirement plans to IRAs
21    Plans of distribution
22    Other compensation to dealers
23    Distributions and taxes
24    Financial highlights





 THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED OR DISAPPROVED OF
 THESE SECURITIES. FURTHER, IT HAS NOT DETERMINED THAT THIS PROSPECTUS IS
 ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
 OFFENSE.



<PAGE>

Risk/Return summary

The fund seeks to make your investment grow over time by investing primarily in
stocks of issuers located in Europe and the Pacific Basin.

The fund is designed for investors seeking capital appreciation and
diversification through investments in stocks of issuers based outside the
United States.  Investors in the fund should have a long-term perspective and be
able to tolerate potentially wide price fluctuations.
Your investment in the fund is subject to risks, including the possibility that
the value of the fund's portfolio holdings will fluctuate in response to events
specific to the companies in which the fund invests, as well as economic,
political or social events in the United States or abroad, and currency
fluctuations.

Your investment in the fund is not a bank deposit and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other government
agency, entity or person.
YOU MAY LOSE MONEY BY INVESTING IN THE FUND. THE LIKELIHOOD OF LOSS MAY BE
GREATER IF YOU INVEST FOR A SHORTER PERIOD OF TIME.


                                     1
                                           EuroPacific Growth Fund / Prospectus
<PAGE>




HISTORICAL INVESTMENT RESULTS
The bar chart below shows how the fund's investment results have varied from
year to year, and the Investment Results table on page 3 shows how the fund's
average annual total returns for various periods compare with different broad
measures of market performance. This information provides some indication of the
risks of investing in the fund. All fund results reflect the reinvestment of
dividends and capital gain distributions, if any. Unless otherwise noted, fund
results reflect any fee waivers and/or expense reimbursements in effect during
the period presented. Past results are not predictive of future results.

[begin - bar chart]


CALENDAR YEAR TOTAL RETURNS FOR CLASS A SHARES
(Results do not include a sales charge; if a sales charge were included,
 results would be lower.)

1996            18.64
1997             9.19
1998            15.54
1999            56.97
2000           -17.84
2001           -12.18
2002           -13.61
2003            32.91
2004            19.69
2005            21.12


[end - bar chart]



Highest/Lowest quarterly results during this time period were:




HIGHEST                                                        29.09%  (quarter ended December 31, 1999)
LOWEST                                                        -17.58%  (quarter ended September 30, 2002)


The fund's total return for the three months ended March 31, 2006, was 7.54%.



                                     2
EuroPacific Growth Fund / Prospectus


<PAGE>


Unlike the bar chart on the previous page, the Investment Results table below
reflects, as required by Securities and Exchange Commission rules, the fund's
investment results with the following maximum initial sales charge imposed:

 . Class A share results reflect the maximum initial sales charge of 5.75%. This
   charge is reduced for purchases of $25,000 or more and eliminated for
   purchases of $1 million or more.

 . Class R shares are sold without any initial sales charge.

Results would be higher if calculated without a sales charge.
Unlike the Investment Results table below, the Additional Investment Results
table on page 7 reflects the fund's results calculated without a sales charge.





 INVESTMENT RESULTS (WITH A MAXIMUM SALES CHARGE)


 AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2005:
                                  1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
--------------------------------------------------------------------------

 CLASS A -- FIRST SOLD 4/16/84    14.16%   6.62%    10.28%      13.44%




                                  1 YEAR   LIFETIME/1/
-------------------------------------------------------

 CLASS R-1 -- FIRST SOLD 6/17/02  20.09%     15.30%
 CLASS R-2 -- FIRST SOLD 5/31/02  20.11      13.78
 CLASS R-3 -- FIRST SOLD 5/21/02  20.73      13.81
 CLASS R-4 -- FIRST SOLD 6/7/02   21.05      15.34
 CLASS R-5 -- FIRST SOLD 5/15/02  21.38      14.56




                                       1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
-------------------------------------------------------------------------------

 INDEXES
 MSCI EAFE Index/(R)/2/                14.02%   4.94%    6.18%       11.16%
 Lipper International Funds            14.65    4.18     7.37        11.16
Average/3/
 MSCI All Country World Index          17.11    6.66     6.70          N/A
ex-USA/4/




1 Lifetime results for each share class are measured from the date the share
 class was first sold. Lifetime results for the index(es) shown are measured
 from the date Class A shares were first sold. In prior years, each index may
 have included different funds or securities from those that constitute the
 current year's index.
2 MSCI EAFE (Europe, Australasia, Far East) Index is a free float-adjusted
 market capitalization index that is designed to measure developed market equity
 performance, excluding the United States and Canada. This index is unmanaged
 and includes reinvested dividends and/or distributions, but does not reflect
 sales charges, commissions, expenses or taxes.
3 Lipper International Funds Average is comprised of funds that invest assets in
 securities with primary trading markets outside the United States. The results
 of the underlying funds in the average include the reinvestment of dividends
 and capital gain distributions, as well as brokerage commissions paid by the
 funds for portfolio transactions, but do not reflect sales charges or taxes.

4 MSCI All Country World Index ex-USA is a free float-adjusted market
 capitalization index that is designed to measure equity market performance in
 the global developed and emerging markets, excluding the United States. The
 index consists of 48 developed and emerging market country indexes. This index
 is unmanaged and includes reinvested dividends and/or distributions, but does
 not reflect sales charges, commissions, expenses or taxes. This index was not
 in existence as of the date the fund began investment operations; therefore,
 lifetime results are not available.


                                     3


                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Fees and expenses of the fund

These tables describe the fees and expenses that you may pay if you buy and hold
shares of the fund.



 SHAREHOLDER FEES (PAID DIRECTLY FROM YOUR INVESTMENT)
                                               CLASS A    ALL R SHARE CLASSES
------------------------------------------------------------------------------

 Maximum initial sales charge on purchases      5.75%/*/         none
 (as a percentage of offering price)
------------------------------------------------------------------------------
 Maximum sales charge on reinvested dividends    none            none
------------------------------------------------------------------------------
 Maximum contingent deferred sales charge        none            none
------------------------------------------------------------------------------
 Redemption or exchange fees                     none            none




* The initial sales charge is reduced for purchases of $25,000 or more and
 eliminated for purchases of $1 million or more.





 ANNUAL FUND OPERATING EXPENSES (DEDUCTED FROM FUND ASSETS)
                                            CLASS  CLASS  CLASS  CLASS   CLASS
                                   CLASS A   R-1    R-2    R-3    R-4     R-5
-------------------------------------------------------------------------------

 Management fees/1/                 0.43%   0.43%  0.43%  0.43%  0.43%   0.43%
-------------------------------------------------------------------------------
 Distribution and/or service        0.25    0.99   0.75   0.50   0.24    none
 (12b-1) fees/2/
-------------------------------------------------------------------------------
 Other expenses                     0.13    0.23   0.58   0.22   0.20    0.15
-------------------------------------------------------------------------------
 Total annual fund operating        0.81    1.65   1.76   1.15   0.87    0.58
 expenses/1/
-------------------------------------------------------------------------------




1 The fund's investment adviser began waiving 5% of its management fees on
 September 1, 2004. Beginning April 1, 2005, this waiver increased to 10% and is
 expected to continue at this level until further review. In addition, the
 investment adviser paid a portion of the fund's transfer agent fees for certain
 R share classes. Total annual fund operating expenses do not reflect any waiver
 or reimbursement. Information regarding the effect of any waiver/reimbursement
 on total annual fund operating expenses can be found in the Financial
 Highlights table in this prospectus and in the audited financial statements in
 the fund's annual report.
2 Class A, R-1, R-2, R-3 and R-4 12b-1 fees may not exceed .25%, 1.00%, 1.00%,
 .75% and .50%, respectively, of the class' average net assets annually.


                                     4
EuroPacific Growth Fund / Prospectus


<PAGE>

OTHER EXPENSES
The "Other expenses" items in the table above include custodial, legal, transfer
agent and subtransfer agent/recordkeeping payments, as well as various other
expenses. Subtransfer agent/recordkeeping payments may be made to third parties
(including affiliates of the fund's investment adviser) that provide
recordkeeping and other administrative services to retirement plans invested in
the fund in lieu of the transfer agent providing such services. The amount paid
for subtransfer agent/recordkeeping services will vary depending on the share
class selected and the entity receiving the payments. The table below shows the
maximum payments to affiliated and unaffiliated entities of the fund's
investment adviser providing services to retirement plans.





                PAYMENTS TO AFFILIATED       PAYMENTS TO UNAFFILIATED ENTITIES
                       ENTITIES
-------------------------------------------------------------------------------

 Class A          .05% of assets or                  .05% of assets or
            $12 per participant position*      $12 per participant position*
-------------------------------------------------------------------------------
 Class R-1          .10% of assets                     .10% of assets
-------------------------------------------------------------------------------
 Class R-2   $27 per participant position              .25% of assets
                 plus .15% of assets
-------------------------------------------------------------------------------
 Class R-3   $12 per participant position              .15% of assets
                 plus .10% of assets
 Class R-4          .10% of assets                     .10% of assets
-------------------------------------------------------------------------------
 Class R-5          .05% of assets                     .05% of assets
-------------------------------------------------------------------------------




* Payment amount depends on the date upon which services commenced.

EXAMPLES

The examples below are intended to help you compare the cost of investing in the
fund with the cost of investing in other mutual funds. The examples assume that
you invest $10,000 in the fund for the time periods indicated, that your
investment has a 5% return each year, that all dividends and capital gain
distributions are reinvested, and that the fund's operating expenses remain the
same as shown above. The examples do not reflect the impact of any fee waivers
or expense reimbursements.

Although your actual costs may be higher or lower, based on these assumptions,
your cumulative estimated expenses would be:






                                1 YEAR  3 YEARS  5 YEARS   10 YEARS
--------------------------------------------------------------------

 Class A*                        $653    $819     $999      $1,519
--------------------------------------------------------------------
 Class R-1                        168     520      897       1,955
--------------------------------------------------------------------
 Class R-2                        179     554      954       2,073
--------------------------------------------------------------------
 Class R-3                        117     365      633       1,398
--------------------------------------------------------------------
 Class R-4                         89     278      482       1,073
--------------------------------------------------------------------
 Class R-5                         59     186      324         726
--------------------------------------------------------------------




* Reflects the maximum initial sales charge in the first year.


                                     5
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Investment objective, strategies and risks

The fund's investment objective is to provide you with long-term growth of
capital.  Normally, the fund will invest at least 80% of its assets in
securities of issuers located in Europe and the Pacific Basin. This policy is
subject to change only upon 60 days' notice to shareholders. Various factors
will be considered when determining whether a country is part of Europe,
including whether a country is part of the MSCI European indexes. A country will
be considered part of the Pacific Basin if any of its borders touch the Pacific
Ocean.

The prices of securities held by the fund may decline in response to certain
events, including those directly involving the companies whose securities are
owned by the fund; conditions affecting the general economy; overall market
changes; local, regional or global political, social or economic instability;
and currency and interest rate fluctuations. The growth-oriented, equity-type
securities generally purchased by the fund may involve large price swings and
potential for loss.
Investments in securities issued by entities based outside the United States may
also be affected by currency controls; different accounting, auditing, financial
reporting, and legal standards and practices in some countries; expropriation;
changes in tax policy; greater market volatility; differing securities market
structures; higher transaction costs; and various administrative difficulties,
such as delays in clearing and settling portfolio transactions or in receiving
payment of dividends. These risks may be heightened in connection with
investments in developing countries.

The fund may also hold cash, money market instruments and fixed-income
securities. The percentage of the fund invested in such holdings varies and
depends on various factors, including market conditions and purchases and
redemptions of fund shares. A larger percentage of such holdings could moderate
the fund's investment results in a period of rising market prices; conversely,
it could reduce the magnitude of the fund's loss in the event of falling market
prices and provide liquidity to make additional investments or to meet
redemptions.

The fund relies on the professional judgment of its investment adviser to make
decisions about the fund's portfolio investments. The basic investment
philosophy of the investment adviser is to seek to invest in attractively valued
companies that, in its opinion, represent above-average long-term investment
opportunities. The investment adviser believes that an important way to
accomplish this is through fundamental analysis, which may include meeting with
company executives and employees, suppliers, customers and competitors.
Securities may be sold when the investment adviser believes that they no longer
represent relatively attractive investment opportunities.


                                     6
EuroPacific Growth Fund / Prospectus


<PAGE>




ADDITIONAL INVESTMENT RESULTS
Unlike the Investment Results table on page 3, the table below reflects the
fund's results calculated without a sales charge.




 ADDITIONAL INVESTMENT RESULTS (WITHOUT A SALES CHARGE)


 AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2005:
                                  1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
--------------------------------------------------------------------------

 CLASS A -- FIRST SOLD 4/16/84    21.12%   7.89%    10.93%      13.75%




                                  1 YEAR   LIFETIME/1/
-------------------------------------------------------

 CLASS R-1 -- FIRST SOLD 6/17/02  20.09%     15.30%
 CLASS R-2 -- FIRST SOLD 5/31/02  20.11      13.78
 CLASS R-3 -- FIRST SOLD 5/21/02  20.73      13.81
 CLASS R-4 -- FIRST SOLD 6/7/02   21.05      15.34
 CLASS R-5 -- FIRST SOLD 5/15/02  21.38      14.56




                                       1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
-------------------------------------------------------------------------------

 INDEXES
 MSCI EAFE Index/2/                    14.02%   4.94%    6.18%       11.16%
 Lipper International Funds            14.65    4.18     7.37        11.16
Average/3/
 MSCI All Country World Index          17.11    6.66     6.70          N/A
ex-USA/4/




1 Lifetime results for each share class are measured from the date the share
 class was first sold. Lifetime results for the index(es) shown are measured
 from the date Class A shares were first sold. In prior years, each index may
 have included different funds or securities from those that constitute the
 current year's index.
2 MSCI EAFE (Europe, Australasia, Far East) Index is a free float-adjusted
 market capitalization index that is designed to measure developed market equity
 performance, excluding the United States and Canada. This index is unmanaged
 and includes reinvested dividends and/or distributions, but does not reflect
 sales charges, commissions, expenses or taxes.
3 Lipper International Funds Average is comprised of funds that invest assets in
 securities with primary trading markets outside the United States. The results
 of the underlying funds in the average include the reinvestment of dividends
 and capital gain distributions, as well as brokerage commissions paid by the
 funds for portfolio transactions, but do not reflect sales charges or taxes.

4 MSCI All Country World Index ex-USA is a free float-adjusted market
 capitalization index that is designed to measure equity market performance in
 the global developed and emerging markets, excluding the United States. The
 index consists of 48 developed and emerging market country indexes. This index
 is unmanaged and includes reinvested dividends and/or distributions, but does
 not reflect sales charges, commissions, expenses or taxes. This index was not
 in existence as of the date the fund began investment operations; therefore,
 lifetime results are not available.


                                     7


                                           EuroPacific Growth Fund / Prospectus
<PAGE>


INDUSTRY SECTOR DIVERSIFICATION AS OF MARCH 31, 2006 (PERCENT OF NET ASSETS)

[begin - pie chart]

Financials                        22.77%
Consumer discretionary            12.58%
Information technology            11.39%
Health care                        7.96%
Telecommunications services        7.61%
Other industries                  28.76%
Short-term securities &
other assets less liabilities      8.87%
Convertible securities & warrants  0.06%


[end - pie chart]





                               PERCENT OF
 PERCENT INVESTED BY COUNTRY   NET ASSETS
--------------------------------------------------------------------------

 Europe
 Euro zone*                       22.9%
--------------------------------------------------------------------------
 United Kingdom                    8.1
--------------------------------------------------------------------------
 Switzerland                       6.1
--------------------------------------------------------------------------
 Russia                            1.5
--------------------------------------------------------------------------
 Denmark                           1.2
--------------------------------------------------------------------------
 Norway                            1.2
--------------------------------------------------------------------------
 Hungary                           0.7
--------------------------------------------------------------------------
 Other Europe                      0.4
--------------------------------------------------------------------------
 Pacific Basin
 Japan                            17.7%
--------------------------------------------------------------------------
 South Korea                       8.0
--------------------------------------------------------------------------
 Taiwan                            4.8
--------------------------------------------------------------------------
 Mexico                            2.7
--------------------------------------------------------------------------
 Canada                            2.7
--------------------------------------------------------------------------
 Hong Kong                         2.0
--------------------------------------------------------------------------
 Australia                         1.4
--------------------------------------------------------------------------
 Indonesia                         0.7
--------------------------------------------------------------------------
 China                             0.6
--------------------------------------------------------------------------
 Singapore                         0.6
--------------------------------------------------------------------------
 Other Pacific Basin               1.1
--------------------------------------------------------------------------
 Other
 Brazil                            3.4
--------------------------------------------------------------------------
 India                             2.1
--------------------------------------------------------------------------
 South Africa                      1.2
--------------------------------------------------------------------------
Short-term securities &
other assets less liabilities      8.9
 Total                           100.0%





* Countries using the euro as a common currency are: Austria, Belgium, Finland,
 France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal and
 Spain.

Because the fund is actively managed, its holdings will change over time.
For updated information on the fund's portfolio holdings, please visit us at
americanfunds.com.


                                     8
EuroPacific Growth Fund / Prospectus


<PAGE>

Management and organization




INVESTMENT ADVISER
Capital Research and Management Company, an experienced investment management
organization founded in 1931, serves as investment adviser to the fund and other
funds, including the American Funds. Capital Research and Management Company is
a wholly owned subsidiary of The Capital Group Companies, Inc. and is located at
333 South Hope Street, Los Angeles, California 90071, and 135 South State
College Boulevard, Brea, California 92821. Capital Research and Management
Company manages the investment portfolio and business affairs of the fund. The
total management fee paid by the fund, as a percentage of average net assets,
for the previous fiscal year appears in the Annual Fund Operating Expenses table
under "Fees and expenses of the fund." A discussion regarding the basis for the
approval of the fund's investment advisory and service agreement by the fund's
board of trustees is contained in the fund's annual report to shareholders for
the fiscal year ended March 31, 2006.




EXECUTION OF PORTFOLIO TRANSACTIONS
The investment adviser places orders with broker-dealers for the fund's
portfolio transactions. The investment adviser strives to obtain best execution
for the fund's portfolio transactions, taking into account a variety of factors
to produce the most favorable total price reasonably attainable under the
circumstances. These factors include the size and type of transaction, the cost
and quality of executions, and the broker-dealer's ability to offer liquidity
and anonymity. For example, with respect to equity transactions, the fund does
not consider the investment adviser as having an obligation to obtain the lowest
available commission rate to the exclusion of price, service and qualitative
considerations. Subject to the considerations outlined above, the investment
adviser may place orders for the fund's portfolio transactions with
broker-dealers who have sold shares of funds managed by the investment adviser,
or who have provided investment research, statistical or other related services
to the investment adviser. In placing orders for the fund's portfolio
transactions, the investment adviser does not commit to any specific amount of
business with any particular broker-dealer. Subject to best execution, the
investment adviser may consider investment research, statistical or other
related services provided to the adviser in placing orders for the fund's
portfolio transactions. However, when the investment adviser places orders for
the fund's portfolio transactions, it does not give any consideration to whether
a broker-dealer has sold shares of the funds managed by the investment adviser.



                                     9
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

PORTFOLIO HOLDINGS
Portfolio holdings information for the fund is available on the American Funds
website at americanfunds.com. To reach this information, access the lower
portion of the fund's details page on the website. A list of the fund's top 10
equity holdings updated as of each month-end is generally posted to this page
within 14 days after the end of the applicable month. A link to the fund's
complete list of publicly disclosed portfolio holdings updated as of each
calendar quarter-end is generally posted to this page within 45 days after the
end of the applicable quarter. Both lists remain available on the website until
new information for the next month or quarter is posted. Portfolio holdings
information for the fund is also contained in reports filed with the Securities
and Exchange Commission.

A description of the fund's policies and procedures regarding disclosure of
information about its portfolio holdings is available in the statement of
additional information.

MULTIPLE PORTFOLIO COUNSELOR SYSTEM
Capital Research and Management Company uses a system of multiple portfolio
counselors in managing mutual fund assets. Under this approach, the portfolio of
a fund is divided into segments managed by individual counselors. Counselors
decide how their respective segments will be invested. In addition, Capital
Research and Management Company's investment analysts may make investment
decisions with respect to a portion of a fund's portfolio. Investment decisions
are subject to a fund's objective(s), policies and restrictions and the
oversight of Capital Research and Management Company's investment committee.


                                     10


EuroPacific Growth Fund / Prospectus


<PAGE>

The primary individual portfolio counselors for EuroPacific Growth Fund are:


                                                PRIMARY TITLE WITH           PORTFOLIO
                               PORTFOLIO        INVESTMENT ADVISER           COUNSELOR'S
 PORTFOLIO COUNSELOR/          COUNSELOR        (OR AFFILIATE)               ROLE IN
 FUND TITLE                    EXPERIENCE       AND INVESTMENT               MANAGEMENT
 (IF APPLICABLE)              IN THIS FUND      EXPERIENCE                   OF THE FUND
---------------------------------------------------------------------------------------------------

 MARK E. DENNING                15 years        Director, Capital Research   Serves as an equity
 President and Trustee      (plus 3 years of    and Management Company       portfolio counselor
                            prior experience
                                 as an          Investment professional
                           investment analyst   for 24 years, all with
                             for the fund)      Capital Research and
                                                Management Company or
                                                affiliate
 ---------------------------------------------------------------------------------------------------
 STEPHEN E. BEPLER              22 years        Senior Vice President,       Serves as an equity
 Executive Vice President  (since the fund's    Capital Research Company     portfolio counselor
                               inception)
                                                Investment professional
                                                for 40 years in total; 34
                                                years with Capital
                                                Research and Management
                                                Company or affiliate
---------------------------------------------------------------------------------------------------
 ROBERT W. LOVELACE             12 years        Senior Vice President,       Serves as an equity
 Senior Vice President      (plus 7 years of    Capital Research and         portfolio counselor
                            prior experience    Management Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 21 years, all with
                                                Capital Research and
                                                Management Company or
                                                affiliate
---------------------------------------------------------------------------------------------------
 NICHOLAS J. GRACE              4 years         Senior Vice President,       Serves as an equity
 Vice President             (plus 8 years of    Capital Research Company     portfolio counselor
                            prior experience
                                 as an          Investment professional
                           investment analyst   for 16 years in total; 12
                             for the fund)      years with Capital
                                                Research and Management
                                                Company or affiliate

---------------------------------------------------------------------------------------------------
 ALWYN W. HEONG                 10 years        Senior Vice President and    Serves as an equity
 Vice President             (plus 3 years of    Director, Capital Research   portfolio counselor
                            prior experience    Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 18 years in total; 14
                                                years with Capital
                                                Research and Management
                                                Company or affiliate

---------------------------------------------------------------------------------------------------
 CARL M. KAWAJA                 5 years         Senior Vice President,       Serves as an equity
 Vice President             (plus 8 years of    Capital Research Company     portfolio counselor
                            prior experience
                                 as an          Investment professional
                           investment analyst   for 18 years in total; 15
                             for the fund)      years with Capital
                                                Research and Management
                                                Company or affiliate

--------------------------------------------------------------------------------------------------
 SUNG LEE                       4 years         Executive Vice President     Serves as an equity
 Vice President             (plus 6 years of    and Director, Capital        portfolio counselor
                            prior experience    Research Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 12 years, all with
                                                Capital Research and
                                                Management Company or
                                                affiliate
---------------------------------------------------------------------------------------------------
 TIMOTHY P. DUNN                5 years         Vice President, Capital      Serves as an equity
                            (plus 4 years of    Research and Management      portfolio counselor
                            prior experience    Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 20 years in total; 16
                                                years with Capital
                                                Research and Management
                                                Company or affiliate
---------------------------------------------------------------------------------------------------






                                     11
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Information regarding the portfolio counselors' compensation, their ownership of
securities in the fund and other accounts they manage can be found in the
statement of additional information.

CERTAIN PRIVILEGES AND/OR SERVICES DESCRIBED ON THE FOLLOWING PAGES OF THIS
PROSPECTUS AND IN THE STATEMENT OF ADDITIONAL INFORMATION MAY NOT BE AVAILABLE
TO YOU DEPENDING ON YOUR INVESTMENT DEALER OR RETIREMENT PLAN RECORDKEEPER.



PLEASE SEE YOUR FINANCIAL ADVISER, INVESTMENT DEALER OR PLAN RECORDKEEPER FOR
MORE INFORMATION.


                                     12
EuroPacific Growth Fund / Prospectus


<PAGE>

Purchase, exchange and sale of shares
AMERICAN FUNDS SERVICE COMPANY, THE FUND'S TRANSFER AGENT, ON BEHALF OF THE FUND
AND AMERICAN FUNDS DISTRIBUTORS, THE FUND'S DISTRIBUTOR, IS REQUIRED BY LAW TO
OBTAIN CERTAIN PERSONAL INFORMATION FROM YOU OR ANY OTHER PERSON(S) ACTING ON
YOUR BEHALF IN ORDER TO VERIFY YOUR OR SUCH PERSON'S IDENTITY. IF YOU DO NOT
PROVIDE THE INFORMATION, THE TRANSFER AGENT MAY NOT BE ABLE TO OPEN YOUR
ACCOUNT. IF THE TRANSFER AGENT IS UNABLE TO VERIFY YOUR IDENTITY OR THAT OF ANY
OTHER PERSON(S) AUTHORIZED TO ACT ON YOUR BEHALF, OR BELIEVES IT HAS IDENTIFIED
POTENTIALLY CRIMINAL ACTIVITY, THE FUND AND AMERICAN FUNDS DISTRIBUTORS RESERVE
THE RIGHT TO CLOSE YOUR ACCOUNT OR TAKE SUCH OTHER ACTION THEY DEEM REASONABLE
OR REQUIRED BY LAW.

PURCHASES AND EXCHANGES

Eligible retirement plans generally may open an account and purchase Class A or
R shares by contacting any investment dealer (who may impose transaction charges
in addition to those described in this prospectus) authorized to sell the fund's
shares. Some or all R share classes may not be available through certain
investment dealers. Additional shares may be purchased through a plan's
administrator or recordkeeper.

Class A shares are generally not available for retirement plans using the
PlanPremier/(R)/ or Recordkeeper Direct/(R)/ recordkeeping programs.
Class R shares generally are available only to 401(k) plans, 457 plans,
employer-sponsored 403(b) plans, profit-sharing and money purchase pension
plans, defined benefit plans and nonqualified deferred compensation plans. Class
R shares also are generally available only to retirement plans where plan level
or omnibus accounts are held on the books of the fund. In addition, Class R-5
shares generally are available only to retirement plans with $1 million or more
in plan assets. Class R shares generally are not available to retail
nonretirement accounts, Traditional and Roth Individual Retirement Accounts
(IRAs), Coverdell Education Savings Accounts, SEPs, SARSEPs, SIMPLE IRAs,
individual 403(b) plans and 529 college savings plans.

Shares of the fund offered through this prospectus generally may be exchanged
into shares of the same class of other American Funds. Exchanges of Class A
shares from American Funds money market funds purchased without a sales charge
generally will be subject to the appropriate sales charge.


                                     13
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

FREQUENT TRADING OF FUND SHARES
The fund and American Funds Distributors reserve the right to reject any
purchase order for any reason. The fund is not designed to serve as a vehicle
for frequent trading in response to short-term fluctuations in the securities
markets. Accordingly, purchases, including those that are part of exchange
activity, that the fund or American Funds Distributors has determined could
involve actual or potential harm to the fund may be rejected. Frequent trading
of fund shares may lead to increased costs to the fund and less efficient
management of the fund's portfolio, resulting in dilution of the value of the
shares held by long-term shareholders.

The fund's board of trustees has adopted policies and procedures with respect to
frequent purchases and redemptions of fund shares. Under the fund's "purchase
blocking policy," any shareholder redeeming shares (including redemptions that
are part of an exchange transaction) having a value of $5,000 or more from the
fund will be precluded from investing in the fund (including investments that
are part of an exchange transaction) for 30 calendar days after the redemption
transaction. This prohibition will not apply to redemptions by shareholders
whose shares are held on the books of third-party intermediaries that have not
adopted procedures to implement this policy. American Funds Service Company will
work with intermediaries to develop such procedures or other procedures that
American Funds Service Company determines are reasonably designed to achieve the
objective of the purchase blocking policy. At the time the intermediaries adopt
these procedures, shareholders whose accounts are on the books of such
intermediaries will be subject to this purchase blocking policy or another
frequent trading policy that achieves the objective of the purchase blocking
policy. There is no guarantee that all instances of frequent trading in fund
shares will be prevented.

Under the fund's purchase blocking policy, certain purchases will not be
prevented and certain redemptions will not trigger a purchase block, such as:
systematic redemptions and purchases where the entity maintaining the
shareholder account is able to identify the transaction as a systematic
redemption or purchase; purchases and redemptions of shares having a value of
less than $5,000; retirement plan contributions, loans and distributions
(including hardship withdrawals) identified as such on the retirement plan
recordkeeper's system; and purchase transactions involving transfers of assets,
rollovers, Roth IRA conversions and IRA recharacterizations, where the entity
maintaining the shareholder account is able to identify the transaction as one
of these types of transactions. The statement of additional information contains
more information about how American Funds Service Company may address other
potentially abusive trading activity in the American Funds.


                                     14
EuroPacific Growth Fund / Prospectus


<PAGE>

SALES

Please contact your plan administrator or recordkeeper in order to sell shares
from your retirement plan.
If you notify American Funds Service Company, you may reinvest proceeds from a
redemption, dividend payment or capital gain distribution without a sales charge
in the same fund or other American Funds within 90 days after the date of the
redemption or distribution. Proceeds will be reinvested in the same share class
from which the original redemption or distribution was made. Redemption proceeds
of Class A shares representing direct purchases in American Funds money market
funds that are reinvested in non-money market American Funds will be subject to
a sales charge. Proceeds will be reinvested at the next calculated net asset
value after your request is received and accepted by American Funds Service
Company. You may not reinvest proceeds in the American Funds as described in
this paragraph if such proceeds are subject to a purchase block as described
under "Frequent trading of fund shares." This paragraph does not apply to
rollover investments as described under "Rollovers from retirement plans to
IRAs."




VALUING SHARES
The net asset value of each share class of the fund is the value of a single
share. The fund calculates the net asset value each day the New York Stock
Exchange is open for trading as of approximately 4:00 p.m. New York time, the
normal close of regular trading. Assets are valued primarily on the basis of
market quotations. However, the fund has adopted procedures for making "fair
value" determinations if market quotations are not readily available or are not
considered reliable. For example, if events occur between the close of markets
outside the United States and the close of regular trading on the New York Stock
Exchange that, in the opinion of the investment adviser, materially affect the
value of the fund's securities that principally trade in those international
markets, the securities will be valued in accordance with fair value procedures.
Use of these procedures is intended to result in more appropriate net asset
values. In addition, such use will reduce, if not eliminate, potential arbitrage
opportunities otherwise available to short-term investors.

Because the fund may hold securities that are primarily listed on foreign
exchanges that trade on weekends or days when the fund does not price its
shares, the value of securities held in the fund may change on days when you
will not be able to purchase or redeem fund shares.

Your shares will be purchased at the net asset value (plus any applicable sales
charge in the case of Class A shares) or sold at the net asset value next
determined after American Funds Service Company receives and accepts your
request.


                                     15
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Sales charges

CLASS A SHARES

The initial sales charge you pay each time you buy Class A shares differs
depending upon the amount you invest and may be reduced or eliminated for larger
purchases as indicated below. The "offering price," the price you pay to buy
shares, includes any applicable sales charge, which will be deducted directly
from your investment. Shares acquired through reinvestment of dividends or
capital gain distributions are not subject to an initial sales charge.





                              SALES CHARGE AS A
                                         PERCENTAGE OF:
                                                                 DEALER
                                                   NET         COMMISSION
                                       OFFERING   AMOUNT     AS A PERCENTAGE
 INVESTMENT                             PRICE    INVESTED   OF OFFERING PRICE
------------------------------------------------------------------------------

 Less than $25,000                      5.75%     6.10%           5.00%
------------------------------------------------------------------------------
 $25,000 but less than $50,000          5.00      5.26            4.25
------------------------------------------------------------------------------
 $50,000 but less than $100,000         4.50      4.71            3.75
------------------------------------------------------------------------------
 $100,000 but less than $250,000        3.50      3.63            2.75
------------------------------------------------------------------------------
 $250,000 but less than $500,000        2.50      2.56            2.00
------------------------------------------------------------------------------
 $500,000 but less than $750,000        2.00      2.04            1.60
------------------------------------------------------------------------------
 $750,000 but less than $1 million      1.50      1.52            1.20
------------------------------------------------------------------------------
 $1 million or more and certain other   none      none          see below
 investments described below
------------------------------------------------------------------------------




The sales charge, expressed as a percentage of the offering price or the net
amount invested, may be higher or lower than the percentages described in the
table above due to rounding. This is because the dollar amount of the sales
charge is determined by subtracting the net asset value of the shares purchased
from the offering price, which is calculated to two decimal places using
standard rounding criteria. The impact of rounding will vary with the size of
the investment and the net asset value of the shares.

CLASS A PURCHASES NOT SUBJECT TO SALES CHARGES

The following investments are not subject to any initial or contingent deferred
sales charge if American Funds Service Company is properly notified of the
nature of the investment:

. investments made by accounts that are part of certain qualified fee-based
  programs and that purchased Class A shares before March 15, 2001; and

. certain rollover investments from retirement plans to IRAs (see "Rollovers
  from retirement plans to IRAs" below for more information).


                                     16
EuroPacific Growth Fund / Prospectus


<PAGE>

The distributor may pay dealers up to 1% on investments made in Class A shares
with no initial sales charge. The fund may reimburse the distributor for these
payments through its plans of distribution (see "Plans of distribution" below).

Certain other investors may qualify to purchase shares without a sales charge,
such as employees of investment dealers and registered investment advisers
authorized to sell American Funds, and employees of The Capital Group Companies.
Please see the statement of additional information for more information.

 EMPLOYER-SPONSORED RETIREMENT PLANS

 Employer-sponsored retirement plans not currently invested in Class A shares
 and wishing to invest without a sales charge are not eligible to purchase Class
 A shares. Such plans may invest only in Class R shares.

 Provided that the plan's recordkeeper can properly apply a sales charge on the
 plan's investments, an employer-sponsored retirement plan not currently
 invested in Class A shares and wishing to invest less than $1 million may
 invest in Class A shares, but the purchase of these shares will be subject to
 the applicable sales charge. An employer-sponsored retirement plan that
 purchases Class A shares with a sales charge will be eligible to purchase
 additional Class A shares in accordance with the sales charge table above. If
 the recordkeeper cannot properly apply a sales charge on the plan's
 investments, then the plan may invest only in Class R shares.
 Employer-sponsored retirement plans not currently invested in Class A shares,
 or that are currently investing in Class A shares with a sales charge, are not
 eligible to establish a statement of intention that qualifies them to purchase
 Class A shares without a sales charge. More information about statements of
 intention can be found under "Sales charge reductions."

 Employer-sponsored retirement plans that invested in Class A shares without any
 sales charge on or before March 31, 2004, and that continue to meet the
 eligibility requirements in effect as of that date for purchasing Class A
 shares at net asset value, may continue to purchase Class A shares without any
 initial or contingent deferred sales charge.

CLASS R SHARES
Class R shares are sold without any initial or contingent deferred sales charge.
The distributor will pay dealers annually an asset-based compensation of up to
1.00% for sales of Class R-1 shares, up to .75% for Class R-2 shares, up to .50%
for Class R-3 shares and up to .25% for Class R-4 shares. No dealer compensation
is paid on sales of Class R-5 shares. The fund may reimburse the distributor for
these payments through its plans of distribution (see "Plans of distribution"
below).


                                     17
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Sales charge reductions

TO RECEIVE A REDUCTION IN YOUR CLASS A INITIAL SALES CHARGE, YOU MUST LET YOUR
FINANCIAL ADVISER OR AMERICAN FUNDS SERVICE COMPANY KNOW AT THE TIME YOU
PURCHASE SHARES THAT YOU QUALIFY FOR SUCH A REDUCTION. IF YOU DO NOT LET YOUR
ADVISER OR AMERICAN FUNDS SERVICE COMPANY KNOW THAT YOU ARE ELIGIBLE FOR A
REDUCTION, YOU MAY NOT RECEIVE A SALES CHARGE DISCOUNT TO WHICH YOU ARE
OTHERWISE ENTITLED. In order to determine your eligibility to receive a sales
charge discount, it may be necessary for you to provide your adviser or American
Funds Service Company with information and records (including account
statements) of all relevant accounts invested in the American Funds.
IN ADDITION TO THE INFORMATION BELOW, YOU MAY OBTAIN MORE INFORMATION ABOUT
SALES CHARGE REDUCTIONS THROUGH A LINK ON THE HOME PAGE OF THE AMERICAN FUNDS
WEBSITE AT AMERICANFUNDS.COM, FROM THE STATEMENT OF ADDITIONAL INFORMATION OR
FROM YOUR FINANCIAL ADVISER.

REDUCING YOUR CLASS A INITIAL SALES CHARGE

Consistent with the policies described in this prospectus, two or more
retirement plans of an employer or employer's affiliates may combine all of
their American Funds investments to reduce their Class A sales charge. However,
for this purpose, investments representing direct purchases of American Funds
money market funds are excluded.

 CONCURRENT PURCHASES

 Simultaneous purchases of any class of shares of two or more American Funds may
 be combined to qualify for a reduced Class A sales charge.

 RIGHTS OF ACCUMULATION
 You may take into account your accumulated holdings in all share classes of the
 American Funds to determine the initial sales charge you pay on each purchase
 of Class A shares. Subject to your investment dealer's or recordkeeper's
 capabilities, your accumulated holdings will be calculated as the higher of (a)
 the current value of your existing holdings or (b) the amount you invested
 (excluding capital appreciation) less any withdrawals. Please see the statement
 of additional information for details. You should retain any records necessary
 to substantiate the historical amounts you have invested. The current value of
 existing investments in an American Legacy/(R)/ Retirement Investment Plan may
 also be taken into account to determine your Class A sales charge.


                                     18
EuroPacific Growth Fund / Prospectus


<PAGE>

 STATEMENT OF INTENTION
 You may reduce your Class A sales charge by establishing a statement of
 intention. A statement of intention allows all American Funds non-money market
 fund purchases of all share classes intended to be made over a 13-month period
 to be combined in order to determine the applicable sales charge; however,
 investments made under a right of reinvestment, appreciation of your
 investment, and reinvested dividends and capital gains do not apply toward
 these combined purchases. At the request of a plan, purchases made during the
 previous 90 days may be included. A portion of the account may be held in
 escrow to cover additional Class A sales charges that may be due if total
 investments over the 13-month period do not qualify for the applicable sales
 charge reduction. Employer-sponsored retirement plans may be restricted from
 establishing statements of intention. See "Sales charges" above for more
 information.

RIGHT OF REINVESTMENT
Please see the "Sales" section of "Purchase, exchange and sale of shares" above
for information on how to reinvest proceeds from a redemption, dividend payment
or capital gain distribution without a sales charge.


                                     19
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Rollovers from retirement plans to IRAs
Assets from retirement plans may be invested in Class A, B, C or F shares
through an IRA rollover. More information on Class B, C and F shares can be
found in the fund's prospectus for nonretirement plan shareholders. Rollovers
invested in Class A shares from retirement plans will be subject to applicable
sales charges. The following rollovers to Class A shares will be made without a
sales charge:

. rollovers to IRAs from 403(b) plans with Capital Bank and Trust Company as
  custodian; and
. rollovers to IRAs that are attributable to American Funds investments, if they
  meet all of the following three requirements:

 -- the retirement plan from which assets are being rolled over is part of an
    American Funds proprietary retirement plan program (such as PlanPremier,
    Recordkeeper Direct or Recordkeeper Connect/(R)/) or is a plan whose
    participant subaccounts are serviced by American Funds Service Company;

 -- the plan's assets were invested in American Funds at the time of
    distribution; and

 -- the plan's assets are rolled over to an American Funds IRA with Capital Bank
    and Trust Company as custodian.
IRA rollover assets that roll over without a sales charge as described above
will not be subject to a contingent deferred sales charge and investment dealers
will be compensated solely with an annual service fee that begins to accrue
immediately. IRA rollover assets that are not attributable to American Funds
investments, as well as future contributions to the IRA, will be subject to
sales charges and the terms and conditions generally applicable to Class A share
investments as described in the prospectus and statement of additional
information if invested in Class A shares.

TRANSFERS TO IRAS

Transfers to IRAs that are attributable to American Funds investments held in
SIMPLE IRAs, SEPs or SARSEPs will not be subject to a sales charge if invested
in Class A shares.


                                     20
EuroPacific Growth Fund / Prospectus


<PAGE>

Plans of distribution
The fund has plans of distribution or "12b-1 plans" under which it may finance
activities primarily intended to sell shares, provided the categories of
expenses are approved in advance by the fund's board of trustees. The plans
provide for payments, based on annualized percentages of average daily net
assets, of up to .25% for Class A shares, up to 1.00% for Class R-1 and R-2
shares, up to .75% for Class R-3 shares and up to .50% for Class R-4 shares. For
all share classes, up to .25% of these expenses may be used to pay service fees
to qualified dealers for providing certain shareholder services. The amount
remaining for each share class may be used for distribution expenses.

The 12b-1 fees paid by the fund, as a percentage of average net assets, for the
previous fiscal year are indicated in the Annual Fund Operating Expenses table
under "Fees and expenses of the fund." Since these fees are paid out of the
fund's assets or income on an ongoing basis, over time they will increase the
cost and reduce the return of your investment.


                                     21
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Other compensation to dealers
American Funds Distributors, at its expense, currently provides additional
compensation to investment dealers. These payments may be made, at the
discretion of American Funds Distributors, to the top 75 dealers who have sold
shares of the American Funds. The level of payments made to a qualifying dealer
in any given year will vary and in no case would exceed the sum of (a) .10% of
the previous year's American Funds sales by that dealer and (b) .02% of American
Funds assets attributable to that dealer. For calendar year 2005, aggregate
payments made by American Funds Distributors to dealers were less than .02% of
the assets of the American Funds. Aggregate payments may also change from year
to year. A number of factors will be considered in determining payments,
including the qualifying dealer's sales, assets and redemption rates, and the
quality of the dealer's relationship with American Funds Distributors. American
Funds Distributors makes these payments to help defray the costs incurred by
qualifying dealers in connection with efforts to educate financial advisers
about the American Funds so that they can make recommendations and provide
services that are suitable and meet shareholder needs. American Funds
Distributors will, on an annual basis, determine the advisability of continuing
these payments. American Funds Distributors may also pay expenses associated
with meetings conducted by dealers outside the top 75 firms to facilitate
educating financial advisers and shareholders about the American Funds.


                                     22
EuroPacific Growth Fund / Prospectus


<PAGE>

Distributions and taxes




DIVIDENDS AND DISTRIBUTIONS

The fund intends to distribute dividends to you, usually in December.

Capital gains, if any, are usually distributed in December. When a dividend or
capital gain is distributed, the net asset value per share is reduced by the
amount of the payment.

All dividends and capital gain distributions paid to retirement plan
shareholders will be automatically reinvested.




TAXES ON DIVIDENDS AND DISTRIBUTIONS

Dividends and capital gains distributed by the fund to tax-deferred retirement
plan accounts are not taxable currently.

TAXES ON TRANSACTIONS
Exchanges within a tax-deferred retirement plan account will not result in a
capital gain or loss for federal or state income tax purposes. With limited
exceptions, distributions from a retirement plan account are taxable as ordinary
income.

PLEASE SEE YOUR TAX ADVISER FOR MORE INFORMATION.


                                     23
                                           EuroPacific Growth Fund / Prospectus
<PAGE>



Financial highlights/1/

The Financial Highlights table is intended to help you understand the fund's
results for the past five fiscal years. Certain information reflects financial
results for a single share of a particular class. The total returns in the table
represent the rate that an investor would have earned or lost on an investment
in the fund (assuming reinvestment of all dividends and capital gain
distributions). This information has been audited by Deloitte & Touche LLP,
whose report, along with the fund's financial statements, is included in the
statement of additional information, which is available upon request.




                                                 INCOME (LOSS) FROM INVESTMENT OPERATIONS/2/
                                                                     Net
                                                                    gains
                                                                   (losses)
                                                                on securities
                                     Net asset                      (both
                                      value,         Net           realized       Total from
                                     beginning   investment          and          investment
                                     of period     income        unrealized)      operations
------------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006                  $35.63        $.62           $ 9.99           $10.61
Year ended 3/31/2005                   32.26         .43             3.45             3.88
Year ended 3/31/2004                   20.78         .29            11.50            11.79
Year ended 3/31/2003                   27.23         .25            (6.46)           (6.21)
Year ended 3/31/2002                   28.72         .33            (1.16)            (.83)
------------------------------------------------------------------------------------------------
CLASS R-1:
Year ended 3/31/2006                   35.04         .26             9.82            10.08
Year ended 3/31/2005                   31.89         .11             3.43             3.54
Year ended 3/31/2004                   20.67         .04            11.41            11.45
Period from 6/17/2002 to 3/31/2003     26.26         .06            (5.41)           (5.35)
------------------------------------------------------------------------------------------------
CLASS R-2:
Year ended 3/31/2006                   35.07         .26             9.83            10.09
Year ended 3/31/2005                   31.86         .14             3.41             3.55
Year ended 3/31/2004                   20.64         .05            11.40            11.45
Period from 5/31/2002 to 3/31/2003     27.34         .10            (6.55)           (6.45)
------------------------------------------------------------------------------------------------
CLASS R-3:
Year ended 3/31/2006                   35.23         .46             9.89            10.35
Year ended 3/31/2005                   31.96         .30             3.42             3.72
Year ended 3/31/2004                   20.68         .15            11.45            11.60
Period from 5/21/2002 to 3/31/2003     27.64         .17            (6.86)           (6.69)
------------------------------------------------------------------------------------------------
CLASS R-4:
Year ended 3/31/2006                   35.25         .57             9.91            10.48
Year ended 3/31/2005                   31.95         .39             3.44             3.83
Year ended 3/31/2004                   20.63         .27            11.41            11.68
Period from 6/7/2002 to 3/31/2003      26.69         .22            (6.00)           (5.78)
------------------------------------------------------------------------------------------------
CLASS R-5:
Year ended 3/31/2006                   35.64         .69            10.02            10.71
Year ended 3/31/2005                   32.26         .50             3.47             3.97
Year ended 3/31/2004                   20.78         .35            11.51            11.86
Period from 5/15/2002 to 3/31/2003     27.55         .26            (6.74)           (6.48)






                                            DIVIDENDS AND DISTRIBUTIONS



                                     Dividends                       Total      Net asset
                                     (from net   Distributions     dividends     value,
                                     investment      (from            and        end of      Total
                                      income)    capital gains)  distributions   period    return/3/
------------------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006                   $(.72)       $(1.32)         $(2.04)      $44.20      30.25%
Year ended 3/31/2005                    (.51)           --            (.51)       35.63      12.08
Year ended 3/31/2004                    (.31)           --            (.31)       32.26      57.11
Year ended 3/31/2003                    (.24)           --            (.24)       20.78     (23.16)
Year ended 3/31/2002                    (.66)           --            (.66)       27.23      (2.63)
------------------------------------------------------------------------------------------------------
CLASS R-1:
Year ended 3/31/2006                    (.51)        (1.32)          (1.83)       43.29      29.16
Year ended 3/31/2005                    (.39)           --            (.39)       35.04      11.18
Year ended 3/31/2004                    (.23)           --            (.23)       31.89      55.72
Period from 6/17/2002 to 3/31/2003      (.24)           --            (.24)       20.67     (20.56)
------------------------------------------------------------------------------------------------------
CLASS R-2:
Year ended 3/31/2006                    (.48)        (1.32)          (1.80)       43.36      29.20
Year ended 3/31/2005                    (.34)           --            (.34)       35.07      11.17
Year ended 3/31/2004                    (.23)           --            (.23)       31.86      55.78
Period from 5/31/2002 to 3/31/2003      (.25)           --            (.25)       20.64     (23.80)
------------------------------------------------------------------------------------------------------
CLASS R-3:
Year ended 3/31/2006                    (.62)        (1.32)          (1.94)       43.64      29.85
Year ended 3/31/2005                    (.45)           --            (.45)       35.23      11.68
Year ended 3/31/2004                    (.32)           --            (.32)       31.96      56.46
Period from 5/21/2002 to 3/31/2003      (.27)           --            (.27)       20.68     (24.40)
------------------------------------------------------------------------------------------------------
CLASS R-4:
Year ended 3/31/2006                    (.72)        (1.32)          (2.04)       43.69      30.20
Year ended 3/31/2005                    (.53)           --            (.53)       35.25      12.04
Year ended 3/31/2004                    (.36)           --            (.36)       31.95      57.00
Period from 6/7/2002 to 3/31/2003       (.28)           --            (.28)       20.63     (21.87)
------------------------------------------------------------------------------------------------------
CLASS R-5:
Year ended 3/31/2006                    (.81)        (1.32)          (2.13)       44.22      30.56
Year ended 3/31/2005                    (.59)           --            (.59)       35.64      12.38
Year ended 3/31/2004                    (.38)           --            (.38)       32.26      57.49
Period from 5/15/2002 to 3/31/2003      (.29)           --            (.29)       20.78     (23.71)


                                                     Ratio of     Ratio of
                                                     expenses     expenses
                                                    to average   to average
                                                    net assets   net assets     Ratio of
                                      Net assets,     before        after         net
                                        end of         reim-        reim-      income to
                                        period      bursements/  bursements/    average
                                     (in millions)    waivers    waivers/4/    net assets
------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006                    $50,209        .81 %        .76 %        1.58 %
Year ended 3/31/2005                     37,515        .83          .82          1.31
Year ended 3/31/2004                     32,759        .87          .87          1.08
Year ended 3/31/2003                     20,143        .90          .90          1.06
Year ended 3/31/2002                     27,765        .88          .88          1.21
------------------------------------------------------------------------------------------
CLASS R-1:
Year ended 3/31/2006                         66       1.65         1.61           .66
Year ended 3/31/2005                         29       1.72         1.68           .34
Year ended 3/31/2004                          8       1.82         1.71           .15
Period from 6/17/2002 to 3/31/2003            1       2.84/5/      1.73/5/        .32/5/
------------------------------------------------------------------------------------------
CLASS R-2:
Year ended 3/31/2006                        735       1.76         1.60           .68
Year ended 3/31/2005                        375       1.90         1.64           .42
Year ended 3/31/2004                        174       2.08         1.67           .17
 Period from 5/31/2002 to 3/31/2003          29       2.33/5/      1.70/5/        .53/5/
------------------------------------------------------------------------------------------
CLASS R-3:
Year ended 3/31/2006                      4,336       1.15         1.11          1.18
Year ended 3/31/2005                      2,321       1.18         1.16           .89
Year ended 3/31/2004                      1,052       1.29         1.29           .51
Period from 5/21/2002 to 3/31/2003           63       1.35/5/      1.31/5/        .87/5/
------------------------------------------------------------------------------------------
CLASS R-4:
Year ended 3/31/2006                      5,352        .87          .83          1.45
Year ended 3/31/2005                      2,668        .90          .88          1.17
Year ended 3/31/2004                      1,106        .92          .92           .92
Period from 6/7/2002 to 3/31/2003            76        .96/5/       .96/5/       1.27/5/
------------------------------------------------------------------------------------------
CLASS R-5:
Year ended 3/31/2006                      9,059        .58          .53          1.74
Year ended 3/31/2005                      4,507        .59          .58          1.51
Year ended 3/31/2004                      2,473        .61          .61          1.27
Period from 5/15/2002 to 3/31/2003          782        .63/5/       .63/5/       1.31/5/





                                     24
EuroPacific Growth Fund / Prospectus


<PAGE>





                                           YEAR ENDED MARCH 31
                           2006        2005        2004        2003         2002
------------------------------------------------------------------------------------

 PORTFOLIO TURNOVER
RATE FOR ALL CLASSES       35%         30%         25%         29%          27%
OF SHARES




1 Based on operations for the periods shown (unless otherwise noted) and,
 accordingly, may not be representative of a full year.
2 Based on average shares outstanding.
3 Total returns exclude all sales charges.
4 The ratios in this column reflect the impact, if any, of certain
 reimbursements/waivers from Capital Research and Management Company. See the
 Annual Fund Operating Expenses table under "Fees and expenses of the fund" and
 the audited financial statements in the fund's annual report for more
 information.
5 Annualized.


                                     25
                                             EuroPacific Growth Fund / Prospectus

<PAGE>

NOTES


                                     26
EuroPacific Growth Fund / Prospectus


<PAGE>



NOTES


                                     27
                                           EuroPacific Growth Fund / Prospectus
<PAGE>





[logo - American Funds (r)]                The right choice for the long term/(R)/





          FOR SHAREHOLDER          American Funds Service Company
          SERVICES                 800/421-0180
          FOR RETIREMENT PLAN      Call your employer or plan
          SERVICES                 administrator
          FOR DEALER SERVICES      American Funds Distributors
                                   800/421-9900
                                   americanfunds.com
          FOR 24                   For Class R share information,
          -HOUR INFORMATION        visit AmericanFundsRetirement.com


          Telephone calls you have with the American Funds
          organization may be monitored or recorded for quality
          assurance, verification and/or recordkeeping purposes.
          By speaking with us on the telephone, you are giving
          your consent to such monitoring and recording.
-----------------------------------------------------------------------------------



MULTIPLE TRANSLATIONS  This prospectus may be translated into other languages.
If there is any inconsistency or ambiguity as to the meaning of any word or
phrase in a translation, the English text will prevail.

ANNUAL/SEMI-ANNUAL REPORT TO SHAREHOLDERS  The shareholder reports contain
additional information about the fund, including financial statements,
investment results, portfolio holdings, a discussion of market conditions and
the fund's investment strategies, and the independent registered public
accounting firm's report (in the annual report).



STATEMENT OF ADDITIONAL INFORMATION (SAI) AND CODES OF ETHICS The current SAI,
as amended from time to time, contains more detailed information on all aspects
of the fund, including the fund's financial statements, and is incorporated by
reference into this prospectus. This means that the current SAI, for legal
purposes, is part of this prospectus. The codes of ethics describe the personal
investing policies adopted by the fund, the fund's investment adviser and its
affiliated companies.

The codes of ethics and current SAI are on file with the Securities and Exchange
Commission (SEC). These and other related materials about the fund are available
for review or to be copied at the SEC's Public Reference Room in Washington, DC
(202/942-8090) or on the EDGAR database on the SEC's website at sec.gov or,
after payment of a duplicating fee, via e-mail request to publicinfo@sec.gov or
by writing to the SEC's Public Reference Section, Washington, DC 20549-0102. The
current SAI and shareholder reports are also available, free of charge, on
americanfunds.com.

HOUSEHOLD MAILINGS Each year you are automatically sent an updated prospectus
and annual and semi-annual reports for the fund. You may also occasionally
receive proxy statements for the fund. In order to reduce the volume of mail you
receive, when possible, only one copy of these documents will be sent to
shareholders who are part of the same family and share the same household
address.

If you would like to opt out of household-based mailings or receive a
complimentary copy of the current SAI, codes of ethics or annual/semi-annual
report to shareholders, please call American Funds Service Company at
800/421-0180 or write to the Secretary of the fund at 333 South Hope Street, Los
Angeles, California 90071.


[logo - recycled bug]
Printed on recycled paper





Printed on recycled paper
RPGEPR-916-0606P Litho in USA              Investment Company File No. 811-3734
CGD/RRD/8031
-------------------------------------------------------------------------------
THE CAPITAL GROUP COMPANIES
American Funds        Capital Research and Management       Capital International
         Capital Guardian                    Capital Bank and Trust



<PAGE>
THE FUND PROVIDES SPANISH TRANSLATION IN CONNECTION WITH THE
PUBLIC OFFERING AND SALE OF ITS SHARES. THE FOLLOWING IS A FAIR
AND ACCURATE ENGLISH TRANSLATION OF A SPANISH LANGUAGE PROSPECTUS
FOR THE FUND.


/s/ VINCENT P. CORTI
    VINCENT P. CORTI
    SECRETARY
<PAGE>








[logo - American Funds (r)]                      The right choice for the long term/(R)/




EuroPacific
Growth Fund/(R)/


RETIREMENT PLAN PROSPECTUS




 June 1, 2006











TABLE OF CONTENTS

 1    Risk/Return summary
 4    Fees and expenses of the fund
 6    Investment objective, strategies and risks
 9    Management and organization
13    Purchase, exchange and sale of shares
16    Sales charges
18    Sales charge reductions
20    Rollovers from retirement plans to IRAs
21    Plans of distribution
22    Other compensation to dealers
23    Distributions and taxes
24    Financial highlights





 THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED OR DISAPPROVED OF
 THESE SECURITIES. FURTHER, IT HAS NOT DETERMINED THAT THIS PROSPECTUS IS
 ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
 OFFENSE.



<PAGE>

Risk/Return summary

The fund seeks to make your investment grow over time by investing primarily in
stocks of issuers located in Europe and the Pacific Basin.

The fund is designed for investors seeking capital appreciation and
diversification through investments in stocks of issuers based outside the
United States.  Investors in the fund should have a long-term perspective and be
able to tolerate potentially wide price fluctuations.
Your investment in the fund is subject to risks, including the possibility that
the value of the fund's portfolio holdings will fluctuate in response to events
specific to the companies in which the fund invests, as well as economic,
political or social events in the United States or abroad, and currency
fluctuations.

Your investment in the fund is not a bank deposit and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other government
agency, entity or person.
YOU MAY LOSE MONEY BY INVESTING IN THE FUND. THE LIKELIHOOD OF LOSS MAY BE
GREATER IF YOU INVEST FOR A SHORTER PERIOD OF TIME.


                                     1
                                           EuroPacific Growth Fund / Prospectus
<PAGE>




HISTORICAL INVESTMENT RESULTS
The bar chart below shows how the fund's investment results have varied from
year to year, and the Investment Results table on page 3 shows how the fund's
average annual total returns for various periods compare with different broad
measures of market performance. This information provides some indication of the
risks of investing in the fund. All fund results reflect the reinvestment of
dividends and capital gain distributions, if any. Unless otherwise noted, fund
results reflect any fee waivers and/or expense reimbursements in effect during
the period presented. Past results are not predictive of future results.

[begin - bar chart]


CALENDAR YEAR TOTAL RETURNS FOR CLASS A SHARES
(Results do not include a sales charge; if a sales charge were included,
 results would be lower.)

1996            18.64
1997             9.19
1998            15.54
1999            56.97
2000           -17.84
2001           -12.18
2002           -13.61
2003            32.91
2004            19.69
2005            21.12


[end - bar chart]



Highest/Lowest quarterly results during this time period were:




HIGHEST                                                        29.09%  (quarter ended December 31, 1999)
LOWEST                                                        -17.58%  (quarter ended September 30, 2002)


The fund's total return for the three months ended March 31, 2006, was 7.54%.



                                     2
EuroPacific Growth Fund / Prospectus


<PAGE>


Unlike the bar chart on the previous page, the Investment Results table below
reflects, as required by Securities and Exchange Commission rules, the fund's
investment results with the following maximum initial sales charge imposed:

 . Class A share results reflect the maximum initial sales charge of 5.75%. This
   charge is reduced for purchases of $25,000 or more and eliminated for
   purchases of $1 million or more.

 . Class R shares are sold without any initial sales charge.

Results would be higher if calculated without a sales charge.
Unlike the Investment Results table below, the Additional Investment Results
table on page 7 reflects the fund's results calculated without a sales charge.





 INVESTMENT RESULTS (WITH A MAXIMUM SALES CHARGE)


 AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2005:
                                  1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
--------------------------------------------------------------------------

 CLASS A -- FIRST SOLD 4/16/84    14.16%   6.62%    10.28%      13.44%




                                  1 YEAR   LIFETIME/1/
-------------------------------------------------------

 CLASS R-1 -- FIRST SOLD 6/17/02  20.09%     15.30%
 CLASS R-2 -- FIRST SOLD 5/31/02  20.11      13.78
 CLASS R-3 -- FIRST SOLD 5/21/02  20.73      13.81
 CLASS R-4 -- FIRST SOLD 6/7/02   21.05      15.34
 CLASS R-5 -- FIRST SOLD 5/15/02  21.38      14.56




                                       1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
-------------------------------------------------------------------------------

 INDEXES
 MSCI EAFE Index/(R)/2/                14.02%   4.94%    6.18%       11.16%
 Lipper International Funds            14.65    4.18     7.37        11.16
Average/3/
 MSCI All Country World Index          17.11    6.66     6.70          N/A
ex-USA/4/




1 Lifetime results for each share class are measured from the date the share
 class was first sold. Lifetime results for the index(es) shown are measured
 from the date Class A shares were first sold. In prior years, each index may
 have included different funds or securities from those that constitute the
 current year's index.
2 MSCI EAFE (Europe, Australasia, Far East) Index is a free float-adjusted
 market capitalization index that is designed to measure developed market equity
 performance, excluding the United States and Canada. This index is unmanaged
 and includes reinvested dividends and/or distributions, but does not reflect
 sales charges, commissions, expenses or taxes.
3 Lipper International Funds Average is comprised of funds that invest assets in
 securities with primary trading markets outside the United States. The results
 of the underlying funds in the average include the reinvestment of dividends
 and capital gain distributions, as well as brokerage commissions paid by the
 funds for portfolio transactions, but do not reflect sales charges or taxes.

4 MSCI All Country World Index ex-USA is a free float-adjusted market
 capitalization index that is designed to measure equity market performance in
 the global developed and emerging markets, excluding the United States. The
 index consists of 48 developed and emerging market country indexes. This index
 is unmanaged and includes reinvested dividends and/or distributions, but does
 not reflect sales charges, commissions, expenses or taxes. This index was not
 in existence as of the date the fund began investment operations; therefore,
 lifetime results are not available.


                                     3


                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Fees and expenses of the fund

These tables describe the fees and expenses that you may pay if you buy and hold
shares of the fund.



 SHAREHOLDER FEES (PAID DIRECTLY FROM YOUR INVESTMENT)
                                               CLASS A    ALL R SHARE CLASSES
------------------------------------------------------------------------------

 Maximum initial sales charge on purchases      5.75%/*/         none
 (as a percentage of offering price)
------------------------------------------------------------------------------
 Maximum sales charge on reinvested dividends    none            none
------------------------------------------------------------------------------
 Maximum contingent deferred sales charge        none            none
------------------------------------------------------------------------------
 Redemption or exchange fees                     none            none




* The initial sales charge is reduced for purchases of $25,000 or more and
 eliminated for purchases of $1 million or more.





 ANNUAL FUND OPERATING EXPENSES (DEDUCTED FROM FUND ASSETS)
                                            CLASS  CLASS  CLASS  CLASS   CLASS
                                   CLASS A   R-1    R-2    R-3    R-4     R-5
-------------------------------------------------------------------------------

 Management fees/1/                 0.43%   0.43%  0.43%  0.43%  0.43%   0.43%
-------------------------------------------------------------------------------
 Distribution and/or service        0.25    0.99   0.75   0.50   0.24    none
 (12b-1) fees/2/
-------------------------------------------------------------------------------
 Other expenses                     0.13    0.23   0.58   0.22   0.20    0.15
-------------------------------------------------------------------------------
 Total annual fund operating        0.81    1.65   1.76   1.15   0.87    0.58
 expenses/1/
-------------------------------------------------------------------------------




1 The fund's investment adviser began waiving 5% of its management fees on
 September 1, 2004. Beginning April 1, 2005, this waiver increased to 10% and is
 expected to continue at this level until further review. In addition, the
 investment adviser paid a portion of the fund's transfer agent fees for certain
 R share classes. Total annual fund operating expenses do not reflect any waiver
 or reimbursement. Information regarding the effect of any waiver/reimbursement
 on total annual fund operating expenses can be found in the Financial
 Highlights table in this prospectus and in the audited financial statements in
 the fund's annual report.
2 Class A, R-1, R-2, R-3 and R-4 12b-1 fees may not exceed .25%, 1.00%, 1.00%,
 .75% and .50%, respectively, of the class' average net assets annually.


                                     4
EuroPacific Growth Fund / Prospectus


<PAGE>

OTHER EXPENSES
The "Other expenses" items in the table above include custodial, legal, transfer
agent and subtransfer agent/recordkeeping payments, as well as various other
expenses. Subtransfer agent/recordkeeping payments may be made to third parties
(including affiliates of the fund's investment adviser) that provide
recordkeeping and other administrative services to retirement plans invested in
the fund in lieu of the transfer agent providing such services. The amount paid
for subtransfer agent/recordkeeping services will vary depending on the share
class selected and the entity receiving the payments. The table below shows the
maximum payments to affiliated and unaffiliated entities of the fund's
investment adviser providing services to retirement plans.





                PAYMENTS TO AFFILIATED       PAYMENTS TO UNAFFILIATED ENTITIES
                       ENTITIES
-------------------------------------------------------------------------------

 Class A          .05% of assets or                  .05% of assets or
            $12 per participant position*      $12 per participant position*
-------------------------------------------------------------------------------
 Class R-1          .10% of assets                     .10% of assets
-------------------------------------------------------------------------------
 Class R-2   $27 per participant position              .25% of assets
                 plus .15% of assets
-------------------------------------------------------------------------------
 Class R-3   $12 per participant position              .15% of assets
                 plus .10% of assets
 Class R-4          .10% of assets                     .10% of assets
-------------------------------------------------------------------------------
 Class R-5          .05% of assets                     .05% of assets
-------------------------------------------------------------------------------




* Payment amount depends on the date upon which services commenced.

EXAMPLES

The examples below are intended to help you compare the cost of investing in the
fund with the cost of investing in other mutual funds. The examples assume that
you invest $10,000 in the fund for the time periods indicated, that your
investment has a 5% return each year, that all dividends and capital gain
distributions are reinvested, and that the fund's operating expenses remain the
same as shown above. The examples do not reflect the impact of any fee waivers
or expense reimbursements.

Although your actual costs may be higher or lower, based on these assumptions,
your cumulative estimated expenses would be:






                                1 YEAR  3 YEARS  5 YEARS   10 YEARS
--------------------------------------------------------------------

 Class A*                        $653    $819     $999      $1,519
--------------------------------------------------------------------
 Class R-1                        168     520      897       1,955
--------------------------------------------------------------------
 Class R-2                        179     554      954       2,073
--------------------------------------------------------------------
 Class R-3                        117     365      633       1,398
--------------------------------------------------------------------
 Class R-4                         89     278      482       1,073
--------------------------------------------------------------------
 Class R-5                         59     186      324         726
--------------------------------------------------------------------




* Reflects the maximum initial sales charge in the first year.


                                     5
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Investment objective, strategies and risks

The fund's investment objective is to provide you with long-term growth of
capital.  Normally, the fund will invest at least 80% of its assets in
securities of issuers located in Europe and the Pacific Basin. This policy is
subject to change only upon 60 days' notice to shareholders. Various factors
will be considered when determining whether a country is part of Europe,
including whether a country is part of the MSCI European indexes. A country will
be considered part of the Pacific Basin if any of its borders touch the Pacific
Ocean.

The prices of securities held by the fund may decline in response to certain
events, including those directly involving the companies whose securities are
owned by the fund; conditions affecting the general economy; overall market
changes; local, regional or global political, social or economic instability;
and currency and interest rate fluctuations. The growth-oriented, equity-type
securities generally purchased by the fund may involve large price swings and
potential for loss.
Investments in securities issued by entities based outside the United States may
also be affected by currency controls; different accounting, auditing, financial
reporting, and legal standards and practices in some countries; expropriation;
changes in tax policy; greater market volatility; differing securities market
structures; higher transaction costs; and various administrative difficulties,
such as delays in clearing and settling portfolio transactions or in receiving
payment of dividends. These risks may be heightened in connection with
investments in developing countries.

The fund may also hold cash, money market instruments and fixed-income
securities. The percentage of the fund invested in such holdings varies and
depends on various factors, including market conditions and purchases and
redemptions of fund shares. A larger percentage of such holdings could moderate
the fund's investment results in a period of rising market prices; conversely,
it could reduce the magnitude of the fund's loss in the event of falling market
prices and provide liquidity to make additional investments or to meet
redemptions.

The fund relies on the professional judgment of its investment adviser to make
decisions about the fund's portfolio investments. The basic investment
philosophy of the investment adviser is to seek to invest in attractively valued
companies that, in its opinion, represent above-average long-term investment
opportunities. The investment adviser believes that an important way to
accomplish this is through fundamental analysis, which may include meeting with
company executives and employees, suppliers, customers and competitors.
Securities may be sold when the investment adviser believes that they no longer
represent relatively attractive investment opportunities.


                                     6
EuroPacific Growth Fund / Prospectus


<PAGE>




ADDITIONAL INVESTMENT RESULTS
Unlike the Investment Results table on page 3, the table below reflects the
fund's results calculated without a sales charge.




 ADDITIONAL INVESTMENT RESULTS (WITHOUT A SALES CHARGE)


 AVERAGE ANNUAL TOTAL RETURNS FOR PERIODS ENDED DECEMBER 31, 2005:
                                  1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
--------------------------------------------------------------------------

 CLASS A -- FIRST SOLD 4/16/84    21.12%   7.89%    10.93%      13.75%




                                  1 YEAR   LIFETIME/1/
-------------------------------------------------------

 CLASS R-1 -- FIRST SOLD 6/17/02  20.09%     15.30%
 CLASS R-2 -- FIRST SOLD 5/31/02  20.11      13.78
 CLASS R-3 -- FIRST SOLD 5/21/02  20.73      13.81
 CLASS R-4 -- FIRST SOLD 6/7/02   21.05      15.34
 CLASS R-5 -- FIRST SOLD 5/15/02  21.38      14.56




                                       1 YEAR  5 YEARS  10 YEARS   LIFETIME/1/
-------------------------------------------------------------------------------

 INDEXES
 MSCI EAFE Index/2/                    14.02%   4.94%    6.18%       11.16%
 Lipper International Funds            14.65    4.18     7.37        11.16
Average/3/
 MSCI All Country World Index          17.11    6.66     6.70          N/A
ex-USA/4/




1 Lifetime results for each share class are measured from the date the share
 class was first sold. Lifetime results for the index(es) shown are measured
 from the date Class A shares were first sold. In prior years, each index may
 have included different funds or securities from those that constitute the
 current year's index.
2 MSCI EAFE (Europe, Australasia, Far East) Index is a free float-adjusted
 market capitalization index that is designed to measure developed market equity
 performance, excluding the United States and Canada. This index is unmanaged
 and includes reinvested dividends and/or distributions, but does not reflect
 sales charges, commissions, expenses or taxes.
3 Lipper International Funds Average is comprised of funds that invest assets in
 securities with primary trading markets outside the United States. The results
 of the underlying funds in the average include the reinvestment of dividends
 and capital gain distributions, as well as brokerage commissions paid by the
 funds for portfolio transactions, but do not reflect sales charges or taxes.

4 MSCI All Country World Index ex-USA is a free float-adjusted market
 capitalization index that is designed to measure equity market performance in
 the global developed and emerging markets, excluding the United States. The
 index consists of 48 developed and emerging market country indexes. This index
 is unmanaged and includes reinvested dividends and/or distributions, but does
 not reflect sales charges, commissions, expenses or taxes. This index was not
 in existence as of the date the fund began investment operations; therefore,
 lifetime results are not available.


                                     7


                                           EuroPacific Growth Fund / Prospectus
<PAGE>


INDUSTRY SECTOR DIVERSIFICATION AS OF MARCH 31, 2006 (PERCENT OF NET ASSETS)

[begin - pie chart]

Financials                        22.77%
Consumer discretionary            12.58%
Information technology            11.39%
Health care                        7.96%
Telecommunications services        7.61%
Other industries                  28.76%
Short-term securities &
other assets less liabilities      8.87%
Convertible securities & warrants  0.06%


[end - pie chart]





                               PERCENT OF
 PERCENT INVESTED BY COUNTRY   NET ASSETS
--------------------------------------------------------------------------

 Europe
 Euro zone*                       22.9%
--------------------------------------------------------------------------
 United Kingdom                    8.1
--------------------------------------------------------------------------
 Switzerland                       6.1
--------------------------------------------------------------------------
 Russia                            1.5
--------------------------------------------------------------------------
 Denmark                           1.2
--------------------------------------------------------------------------
 Norway                            1.2
--------------------------------------------------------------------------
 Hungary                           0.7
--------------------------------------------------------------------------
 Other Europe                      0.4
--------------------------------------------------------------------------
 Pacific Basin
 Japan                            17.7%
--------------------------------------------------------------------------
 South Korea                       8.0
--------------------------------------------------------------------------
 Taiwan                            4.8
--------------------------------------------------------------------------
 Mexico                            2.7
--------------------------------------------------------------------------
 Canada                            2.7
--------------------------------------------------------------------------
 Hong Kong                         2.0
--------------------------------------------------------------------------
 Australia                         1.4
--------------------------------------------------------------------------
 Indonesia                         0.7
--------------------------------------------------------------------------
 China                             0.6
--------------------------------------------------------------------------
 Singapore                         0.6
--------------------------------------------------------------------------
 Other Pacific Basin               1.1
--------------------------------------------------------------------------
 Other
 Brazil                            3.4
--------------------------------------------------------------------------
 India                             2.1
--------------------------------------------------------------------------
 South Africa                      1.2
--------------------------------------------------------------------------
Short-term securities &
other assets less liabilities      8.9
 Total                           100.0%





* Countries using the euro as a common currency are: Austria, Belgium, Finland,
 France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal and
 Spain.

Because the fund is actively managed, its holdings will change over time.
For updated information on the fund's portfolio holdings, please visit us at
americanfunds.com.


                                     8
EuroPacific Growth Fund / Prospectus


<PAGE>

Management and organization




INVESTMENT ADVISER
Capital Research and Management Company, an experienced investment management
organization founded in 1931, serves as investment adviser to the fund and other
funds, including the American Funds. Capital Research and Management Company is
a wholly owned subsidiary of The Capital Group Companies, Inc. and is located at
333 South Hope Street, Los Angeles, California 90071, and 135 South State
College Boulevard, Brea, California 92821. Capital Research and Management
Company manages the investment portfolio and business affairs of the fund. The
total management fee paid by the fund, as a percentage of average net assets,
for the previous fiscal year appears in the Annual Fund Operating Expenses table
under "Fees and expenses of the fund." A discussion regarding the basis for the
approval of the fund's investment advisory and service agreement by the fund's
board of trustees is contained in the fund's annual report to shareholders for
the fiscal year ended March 31, 2006.




EXECUTION OF PORTFOLIO TRANSACTIONS
The investment adviser places orders with broker-dealers for the fund's
portfolio transactions. The investment adviser strives to obtain best execution
for the fund's portfolio transactions, taking into account a variety of factors
to produce the most favorable total price reasonably attainable under the
circumstances. These factors include the size and type of transaction, the cost
and quality of executions, and the broker-dealer's ability to offer liquidity
and anonymity. For example, with respect to equity transactions, the fund does
not consider the investment adviser as having an obligation to obtain the lowest
available commission rate to the exclusion of price, service and qualitative
considerations. Subject to the considerations outlined above, the investment
adviser may place orders for the fund's portfolio transactions with
broker-dealers who have sold shares of funds managed by the investment adviser,
or who have provided investment research, statistical or other related services
to the investment adviser. In placing orders for the fund's portfolio
transactions, the investment adviser does not commit to any specific amount of
business with any particular broker-dealer. Subject to best execution, the
investment adviser may consider investment research, statistical or other
related services provided to the adviser in placing orders for the fund's
portfolio transactions. However, when the investment adviser places orders for
the fund's portfolio transactions, it does not give any consideration to whether
a broker-dealer has sold shares of the funds managed by the investment adviser.



                                     9
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

PORTFOLIO HOLDINGS
Portfolio holdings information for the fund is available on the American Funds
website at americanfunds.com. To reach this information, access the lower
portion of the fund's details page on the website. A list of the fund's top 10
equity holdings updated as of each month-end is generally posted to this page
within 14 days after the end of the applicable month. A link to the fund's
complete list of publicly disclosed portfolio holdings updated as of each
calendar quarter-end is generally posted to this page within 45 days after the
end of the applicable quarter. Both lists remain available on the website until
new information for the next month or quarter is posted. Portfolio holdings
information for the fund is also contained in reports filed with the Securities
and Exchange Commission.

A description of the fund's policies and procedures regarding disclosure of
information about its portfolio holdings is available in the statement of
additional information.

MULTIPLE PORTFOLIO COUNSELOR SYSTEM
Capital Research and Management Company uses a system of multiple portfolio
counselors in managing mutual fund assets. Under this approach, the portfolio of
a fund is divided into segments managed by individual counselors. Counselors
decide how their respective segments will be invested. In addition, Capital
Research and Management Company's investment analysts may make investment
decisions with respect to a portion of a fund's portfolio. Investment decisions
are subject to a fund's objective(s), policies and restrictions and the
oversight of Capital Research and Management Company's investment committee.


                                     10


EuroPacific Growth Fund / Prospectus


<PAGE>

The primary individual portfolio counselors for EuroPacific Growth Fund are:


                                                PRIMARY TITLE WITH           PORTFOLIO
                               PORTFOLIO        INVESTMENT ADVISER           COUNSELOR'S
 PORTFOLIO COUNSELOR/          COUNSELOR        (OR AFFILIATE)               ROLE IN
 FUND TITLE                    EXPERIENCE       AND INVESTMENT               MANAGEMENT
 (IF APPLICABLE)              IN THIS FUND      EXPERIENCE                   OF THE FUND
---------------------------------------------------------------------------------------------------

 MARK E. DENNING                15 years        Director, Capital Research   Serves as an equity
 President and Trustee      (plus 3 years of    and Management Company       portfolio counselor
                            prior experience
                                 as an          Investment professional
                           investment analyst   for 24 years, all with
                             for the fund)      Capital Research and
                                                Management Company or
                                                affiliate
 ---------------------------------------------------------------------------------------------------
 STEPHEN E. BEPLER              22 years        Senior Vice President,       Serves as an equity
 Executive Vice President  (since the fund's    Capital Research Company     portfolio counselor
                               inception)
                                                Investment professional
                                                for 40 years in total; 34
                                                years with Capital
                                                Research and Management
                                                Company or affiliate
---------------------------------------------------------------------------------------------------
 ROBERT W. LOVELACE             12 years        Senior Vice President,       Serves as an equity
 Senior Vice President      (plus 7 years of    Capital Research and         portfolio counselor
                            prior experience    Management Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 21 years, all with
                                                Capital Research and
                                                Management Company or
                                                affiliate
---------------------------------------------------------------------------------------------------
 NICHOLAS J. GRACE              4 years         Senior Vice President,       Serves as an equity
 Vice President             (plus 8 years of    Capital Research Company     portfolio counselor
                            prior experience
                                 as an          Investment professional
                           investment analyst   for 16 years in total; 12
                             for the fund)      years with Capital
                                                Research and Management
                                                Company or affiliate

---------------------------------------------------------------------------------------------------
 ALWYN W. HEONG                 10 years        Senior Vice President and    Serves as an equity
 Vice President             (plus 3 years of    Director, Capital Research   portfolio counselor
                            prior experience    Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 18 years in total; 14
                                                years with Capital
                                                Research and Management
                                                Company or affiliate

---------------------------------------------------------------------------------------------------
 CARL M. KAWAJA                 5 years         Senior Vice President,       Serves as an equity
 Vice President             (plus 8 years of    Capital Research Company     portfolio counselor
                            prior experience
                                 as an          Investment professional
                           investment analyst   for 18 years in total; 15
                             for the fund)      years with Capital
                                                Research and Management
                                                Company or affiliate

--------------------------------------------------------------------------------------------------
 SUNG LEE                       4 years         Executive Vice President     Serves as an equity
 Vice President             (plus 6 years of    and Director, Capital        portfolio counselor
                            prior experience    Research Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 12 years, all with
                                                Capital Research and
                                                Management Company or
                                                affiliate
---------------------------------------------------------------------------------------------------
 TIMOTHY P. DUNN                5 years         Vice President, Capital      Serves as an equity
                            (plus 4 years of    Research and Management      portfolio counselor
                            prior experience    Company
                                 as an
                           investment analyst   Investment professional
                             for the fund)      for 20 years in total; 16
                                                years with Capital
                                                Research and Management
                                                Company or affiliate
---------------------------------------------------------------------------------------------------






                                     11
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Information regarding the portfolio counselors' compensation, their ownership of
securities in the fund and other accounts they manage can be found in the
statement of additional information.

CERTAIN PRIVILEGES AND/OR SERVICES DESCRIBED ON THE FOLLOWING PAGES OF THIS
PROSPECTUS AND IN THE STATEMENT OF ADDITIONAL INFORMATION MAY NOT BE AVAILABLE
TO YOU DEPENDING ON YOUR INVESTMENT DEALER OR RETIREMENT PLAN RECORDKEEPER.



PLEASE SEE YOUR FINANCIAL ADVISER, INVESTMENT DEALER OR PLAN RECORDKEEPER FOR
MORE INFORMATION.


                                     12
EuroPacific Growth Fund / Prospectus


<PAGE>

Purchase, exchange and sale of shares
AMERICAN FUNDS SERVICE COMPANY, THE FUND'S TRANSFER AGENT, ON BEHALF OF THE FUND
AND AMERICAN FUNDS DISTRIBUTORS, THE FUND'S DISTRIBUTOR, IS REQUIRED BY LAW TO
OBTAIN CERTAIN PERSONAL INFORMATION FROM YOU OR ANY OTHER PERSON(S) ACTING ON
YOUR BEHALF IN ORDER TO VERIFY YOUR OR SUCH PERSON'S IDENTITY. IF YOU DO NOT
PROVIDE THE INFORMATION, THE TRANSFER AGENT MAY NOT BE ABLE TO OPEN YOUR
ACCOUNT. IF THE TRANSFER AGENT IS UNABLE TO VERIFY YOUR IDENTITY OR THAT OF ANY
OTHER PERSON(S) AUTHORIZED TO ACT ON YOUR BEHALF, OR BELIEVES IT HAS IDENTIFIED
POTENTIALLY CRIMINAL ACTIVITY, THE FUND AND AMERICAN FUNDS DISTRIBUTORS RESERVE
THE RIGHT TO CLOSE YOUR ACCOUNT OR TAKE SUCH OTHER ACTION THEY DEEM REASONABLE
OR REQUIRED BY LAW.

PURCHASES AND EXCHANGES

Eligible retirement plans generally may open an account and purchase Class A or
R shares by contacting any investment dealer (who may impose transaction charges
in addition to those described in this prospectus) authorized to sell the fund's
shares. Some or all R share classes may not be available through certain
investment dealers. Additional shares may be purchased through a plan's
administrator or recordkeeper.

Class A shares are generally not available for retirement plans using the
PlanPremier/(R)/ or Recordkeeper Direct/(R)/ recordkeeping programs.
Class R shares generally are available only to 401(k) plans, 457 plans,
employer-sponsored 403(b) plans, profit-sharing and money purchase pension
plans, defined benefit plans and nonqualified deferred compensation plans. Class
R shares also are generally available only to retirement plans where plan level
or omnibus accounts are held on the books of the fund. In addition, Class R-5
shares generally are available only to retirement plans with $1 million or more
in plan assets. Class R shares generally are not available to retail
nonretirement accounts, Traditional and Roth Individual Retirement Accounts
(IRAs), Coverdell Education Savings Accounts, SEPs, SARSEPs, SIMPLE IRAs,
individual 403(b) plans and 529 college savings plans.

Shares of the fund offered through this prospectus generally may be exchanged
into shares of the same class of other American Funds. Exchanges of Class A
shares from American Funds money market funds purchased without a sales charge
generally will be subject to the appropriate sales charge.


                                     13
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

FREQUENT TRADING OF FUND SHARES
The fund and American Funds Distributors reserve the right to reject any
purchase order for any reason. The fund is not designed to serve as a vehicle
for frequent trading in response to short-term fluctuations in the securities
markets. Accordingly, purchases, including those that are part of exchange
activity, that the fund or American Funds Distributors has determined could
involve actual or potential harm to the fund may be rejected. Frequent trading
of fund shares may lead to increased costs to the fund and less efficient
management of the fund's portfolio, resulting in dilution of the value of the
shares held by long-term shareholders.

The fund's board of trustees has adopted policies and procedures with respect to
frequent purchases and redemptions of fund shares. Under the fund's "purchase
blocking policy," any shareholder redeeming shares (including redemptions that
are part of an exchange transaction) having a value of $5,000 or more from the
fund will be precluded from investing in the fund (including investments that
are part of an exchange transaction) for 30 calendar days after the redemption
transaction. This prohibition will not apply to redemptions by shareholders
whose shares are held on the books of third-party intermediaries that have not
adopted procedures to implement this policy. American Funds Service Company will
work with intermediaries to develop such procedures or other procedures that
American Funds Service Company determines are reasonably designed to achieve the
objective of the purchase blocking policy. At the time the intermediaries adopt
these procedures, shareholders whose accounts are on the books of such
intermediaries will be subject to this purchase blocking policy or another
frequent trading policy that achieves the objective of the purchase blocking
policy. There is no guarantee that all instances of frequent trading in fund
shares will be prevented.

Under the fund's purchase blocking policy, certain purchases will not be
prevented and certain redemptions will not trigger a purchase block, such as:
systematic redemptions and purchases where the entity maintaining the
shareholder account is able to identify the transaction as a systematic
redemption or purchase; purchases and redemptions of shares having a value of
less than $5,000; retirement plan contributions, loans and distributions
(including hardship withdrawals) identified as such on the retirement plan
recordkeeper's system; and purchase transactions involving transfers of assets,
rollovers, Roth IRA conversions and IRA recharacterizations, where the entity
maintaining the shareholder account is able to identify the transaction as one
of these types of transactions. The statement of additional information contains
more information about how American Funds Service Company may address other
potentially abusive trading activity in the American Funds.


                                     14
EuroPacific Growth Fund / Prospectus


<PAGE>

SALES

Please contact your plan administrator or recordkeeper in order to sell shares
from your retirement plan.
If you notify American Funds Service Company, you may reinvest proceeds from a
redemption, dividend payment or capital gain distribution without a sales charge
in the same fund or other American Funds within 90 days after the date of the
redemption or distribution. Proceeds will be reinvested in the same share class
from which the original redemption or distribution was made. Redemption proceeds
of Class A shares representing direct purchases in American Funds money market
funds that are reinvested in non-money market American Funds will be subject to
a sales charge. Proceeds will be reinvested at the next calculated net asset
value after your request is received and accepted by American Funds Service
Company. You may not reinvest proceeds in the American Funds as described in
this paragraph if such proceeds are subject to a purchase block as described
under "Frequent trading of fund shares." This paragraph does not apply to
rollover investments as described under "Rollovers from retirement plans to
IRAs."




VALUING SHARES
The net asset value of each share class of the fund is the value of a single
share. The fund calculates the net asset value each day the New York Stock
Exchange is open for trading as of approximately 4:00 p.m. New York time, the
normal close of regular trading. Assets are valued primarily on the basis of
market quotations. However, the fund has adopted procedures for making "fair
value" determinations if market quotations are not readily available or are not
considered reliable. For example, if events occur between the close of markets
outside the United States and the close of regular trading on the New York Stock
Exchange that, in the opinion of the investment adviser, materially affect the
value of the fund's securities that principally trade in those international
markets, the securities will be valued in accordance with fair value procedures.
Use of these procedures is intended to result in more appropriate net asset
values. In addition, such use will reduce, if not eliminate, potential arbitrage
opportunities otherwise available to short-term investors.

Because the fund may hold securities that are primarily listed on foreign
exchanges that trade on weekends or days when the fund does not price its
shares, the value of securities held in the fund may change on days when you
will not be able to purchase or redeem fund shares.

Your shares will be purchased at the net asset value (plus any applicable sales
charge in the case of Class A shares) or sold at the net asset value next
determined after American Funds Service Company receives and accepts your
request.


                                     15
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Sales charges

CLASS A SHARES

The initial sales charge you pay each time you buy Class A shares differs
depending upon the amount you invest and may be reduced or eliminated for larger
purchases as indicated below. The "offering price," the price you pay to buy
shares, includes any applicable sales charge, which will be deducted directly
from your investment. Shares acquired through reinvestment of dividends or
capital gain distributions are not subject to an initial sales charge.





                              SALES CHARGE AS A
                                         PERCENTAGE OF:
                                                                 DEALER
                                                   NET         COMMISSION
                                       OFFERING   AMOUNT     AS A PERCENTAGE
 INVESTMENT                             PRICE    INVESTED   OF OFFERING PRICE
------------------------------------------------------------------------------

 Less than $25,000                      5.75%     6.10%           5.00%
------------------------------------------------------------------------------
 $25,000 but less than $50,000          5.00      5.26            4.25
------------------------------------------------------------------------------
 $50,000 but less than $100,000         4.50      4.71            3.75
------------------------------------------------------------------------------
 $100,000 but less than $250,000        3.50      3.63            2.75
------------------------------------------------------------------------------
 $250,000 but less than $500,000        2.50      2.56            2.00
------------------------------------------------------------------------------
 $500,000 but less than $750,000        2.00      2.04            1.60
------------------------------------------------------------------------------
 $750,000 but less than $1 million      1.50      1.52            1.20
------------------------------------------------------------------------------
 $1 million or more and certain other   none      none          see below
 investments described below
------------------------------------------------------------------------------




The sales charge, expressed as a percentage of the offering price or the net
amount invested, may be higher or lower than the percentages described in the
table above due to rounding. This is because the dollar amount of the sales
charge is determined by subtracting the net asset value of the shares purchased
from the offering price, which is calculated to two decimal places using
standard rounding criteria. The impact of rounding will vary with the size of
the investment and the net asset value of the shares.

CLASS A PURCHASES NOT SUBJECT TO SALES CHARGES

The following investments are not subject to any initial or contingent deferred
sales charge if American Funds Service Company is properly notified of the
nature of the investment:

. investments made by accounts that are part of certain qualified fee-based
  programs and that purchased Class A shares before March 15, 2001; and

. certain rollover investments from retirement plans to IRAs (see "Rollovers
  from retirement plans to IRAs" below for more information).


                                     16
EuroPacific Growth Fund / Prospectus


<PAGE>

The distributor may pay dealers up to 1% on investments made in Class A shares
with no initial sales charge. The fund may reimburse the distributor for these
payments through its plans of distribution (see "Plans of distribution" below).

Certain other investors may qualify to purchase shares without a sales charge,
such as employees of investment dealers and registered investment advisers
authorized to sell American Funds, and employees of The Capital Group Companies.
Please see the statement of additional information for more information.

 EMPLOYER-SPONSORED RETIREMENT PLANS

 Employer-sponsored retirement plans not currently invested in Class A shares
 and wishing to invest without a sales charge are not eligible to purchase Class
 A shares. Such plans may invest only in Class R shares.

 Provided that the plan's recordkeeper can properly apply a sales charge on the
 plan's investments, an employer-sponsored retirement plan not currently
 invested in Class A shares and wishing to invest less than $1 million may
 invest in Class A shares, but the purchase of these shares will be subject to
 the applicable sales charge. An employer-sponsored retirement plan that
 purchases Class A shares with a sales charge will be eligible to purchase
 additional Class A shares in accordance with the sales charge table above. If
 the recordkeeper cannot properly apply a sales charge on the plan's
 investments, then the plan may invest only in Class R shares.
 Employer-sponsored retirement plans not currently invested in Class A shares,
 or that are currently investing in Class A shares with a sales charge, are not
 eligible to establish a statement of intention that qualifies them to purchase
 Class A shares without a sales charge. More information about statements of
 intention can be found under "Sales charge reductions."

 Employer-sponsored retirement plans that invested in Class A shares without any
 sales charge on or before March 31, 2004, and that continue to meet the
 eligibility requirements in effect as of that date for purchasing Class A
 shares at net asset value, may continue to purchase Class A shares without any
 initial or contingent deferred sales charge.

CLASS R SHARES
Class R shares are sold without any initial or contingent deferred sales charge.
The distributor will pay dealers annually an asset-based compensation of up to
1.00% for sales of Class R-1 shares, up to .75% for Class R-2 shares, up to .50%
for Class R-3 shares and up to .25% for Class R-4 shares. No dealer compensation
is paid on sales of Class R-5 shares. The fund may reimburse the distributor for
these payments through its plans of distribution (see "Plans of distribution"
below).


                                     17
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Sales charge reductions

TO RECEIVE A REDUCTION IN YOUR CLASS A INITIAL SALES CHARGE, YOU MUST LET YOUR
FINANCIAL ADVISER OR AMERICAN FUNDS SERVICE COMPANY KNOW AT THE TIME YOU
PURCHASE SHARES THAT YOU QUALIFY FOR SUCH A REDUCTION. IF YOU DO NOT LET YOUR
ADVISER OR AMERICAN FUNDS SERVICE COMPANY KNOW THAT YOU ARE ELIGIBLE FOR A
REDUCTION, YOU MAY NOT RECEIVE A SALES CHARGE DISCOUNT TO WHICH YOU ARE
OTHERWISE ENTITLED. In order to determine your eligibility to receive a sales
charge discount, it may be necessary for you to provide your adviser or American
Funds Service Company with information and records (including account
statements) of all relevant accounts invested in the American Funds.
IN ADDITION TO THE INFORMATION BELOW, YOU MAY OBTAIN MORE INFORMATION ABOUT
SALES CHARGE REDUCTIONS THROUGH A LINK ON THE HOME PAGE OF THE AMERICAN FUNDS
WEBSITE AT AMERICANFUNDS.COM, FROM THE STATEMENT OF ADDITIONAL INFORMATION OR
FROM YOUR FINANCIAL ADVISER.

REDUCING YOUR CLASS A INITIAL SALES CHARGE

Consistent with the policies described in this prospectus, two or more
retirement plans of an employer or employer's affiliates may combine all of
their American Funds investments to reduce their Class A sales charge. However,
for this purpose, investments representing direct purchases of American Funds
money market funds are excluded.

 CONCURRENT PURCHASES

 Simultaneous purchases of any class of shares of two or more American Funds may
 be combined to qualify for a reduced Class A sales charge.

 RIGHTS OF ACCUMULATION
 You may take into account your accumulated holdings in all share classes of the
 American Funds to determine the initial sales charge you pay on each purchase
 of Class A shares. Subject to your investment dealer's or recordkeeper's
 capabilities, your accumulated holdings will be calculated as the higher of (a)
 the current value of your existing holdings or (b) the amount you invested
 (excluding capital appreciation) less any withdrawals. Please see the statement
 of additional information for details. You should retain any records necessary
 to substantiate the historical amounts you have invested. The current value of
 existing investments in an American Legacy/(R)/ Retirement Investment Plan may
 also be taken into account to determine your Class A sales charge.


                                     18
EuroPacific Growth Fund / Prospectus


<PAGE>

 STATEMENT OF INTENTION
 You may reduce your Class A sales charge by establishing a statement of
 intention. A statement of intention allows all American Funds non-money market
 fund purchases of all share classes intended to be made over a 13-month period
 to be combined in order to determine the applicable sales charge; however,
 investments made under a right of reinvestment, appreciation of your
 investment, and reinvested dividends and capital gains do not apply toward
 these combined purchases. At the request of a plan, purchases made during the
 previous 90 days may be included. A portion of the account may be held in
 escrow to cover additional Class A sales charges that may be due if total
 investments over the 13-month period do not qualify for the applicable sales
 charge reduction. Employer-sponsored retirement plans may be restricted from
 establishing statements of intention. See "Sales charges" above for more
 information.

RIGHT OF REINVESTMENT
Please see the "Sales" section of "Purchase, exchange and sale of shares" above
for information on how to reinvest proceeds from a redemption, dividend payment
or capital gain distribution without a sales charge.


                                     19
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Rollovers from retirement plans to IRAs
Assets from retirement plans may be invested in Class A, B, C or F shares
through an IRA rollover. More information on Class B, C and F shares can be
found in the fund's prospectus for nonretirement plan shareholders. Rollovers
invested in Class A shares from retirement plans will be subject to applicable
sales charges. The following rollovers to Class A shares will be made without a
sales charge:

. rollovers to IRAs from 403(b) plans with Capital Bank and Trust Company as
  custodian; and
. rollovers to IRAs that are attributable to American Funds investments, if they
  meet all of the following three requirements:

 -- the retirement plan from which assets are being rolled over is part of an
    American Funds proprietary retirement plan program (such as PlanPremier,
    Recordkeeper Direct or Recordkeeper Connect/(R)/) or is a plan whose
    participant subaccounts are serviced by American Funds Service Company;

 -- the plan's assets were invested in American Funds at the time of
    distribution; and

 -- the plan's assets are rolled over to an American Funds IRA with Capital Bank
    and Trust Company as custodian.
IRA rollover assets that roll over without a sales charge as described above
will not be subject to a contingent deferred sales charge and investment dealers
will be compensated solely with an annual service fee that begins to accrue
immediately. IRA rollover assets that are not attributable to American Funds
investments, as well as future contributions to the IRA, will be subject to
sales charges and the terms and conditions generally applicable to Class A share
investments as described in the prospectus and statement of additional
information if invested in Class A shares.

TRANSFERS TO IRAS

Transfers to IRAs that are attributable to American Funds investments held in
SIMPLE IRAs, SEPs or SARSEPs will not be subject to a sales charge if invested
in Class A shares.


                                     20
EuroPacific Growth Fund / Prospectus


<PAGE>

Plans of distribution
The fund has plans of distribution or "12b-1 plans" under which it may finance
activities primarily intended to sell shares, provided the categories of
expenses are approved in advance by the fund's board of trustees. The plans
provide for payments, based on annualized percentages of average daily net
assets, of up to .25% for Class A shares, up to 1.00% for Class R-1 and R-2
shares, up to .75% for Class R-3 shares and up to .50% for Class R-4 shares. For
all share classes, up to .25% of these expenses may be used to pay service fees
to qualified dealers for providing certain shareholder services. The amount
remaining for each share class may be used for distribution expenses.

The 12b-1 fees paid by the fund, as a percentage of average net assets, for the
previous fiscal year are indicated in the Annual Fund Operating Expenses table
under "Fees and expenses of the fund." Since these fees are paid out of the
fund's assets or income on an ongoing basis, over time they will increase the
cost and reduce the return of your investment.


                                     21
                                           EuroPacific Growth Fund / Prospectus
<PAGE>

Other compensation to dealers
American Funds Distributors, at its expense, currently provides additional
compensation to investment dealers. These payments may be made, at the
discretion of American Funds Distributors, to the top 75 dealers who have sold
shares of the American Funds. The level of payments made to a qualifying dealer
in any given year will vary and in no case would exceed the sum of (a) .10% of
the previous year's American Funds sales by that dealer and (b) .02% of American
Funds assets attributable to that dealer. For calendar year 2005, aggregate
payments made by American Funds Distributors to dealers were less than .02% of
the assets of the American Funds. Aggregate payments may also change from year
to year. A number of factors will be considered in determining payments,
including the qualifying dealer's sales, assets and redemption rates, and the
quality of the dealer's relationship with American Funds Distributors. American
Funds Distributors makes these payments to help defray the costs incurred by
qualifying dealers in connection with efforts to educate financial advisers
about the American Funds so that they can make recommendations and provide
services that are suitable and meet shareholder needs. American Funds
Distributors will, on an annual basis, determine the advisability of continuing
these payments. American Funds Distributors may also pay expenses associated
with meetings conducted by dealers outside the top 75 firms to facilitate
educating financial advisers and shareholders about the American Funds.


                                     22
EuroPacific Growth Fund / Prospectus


<PAGE>

Distributions and taxes




DIVIDENDS AND DISTRIBUTIONS

The fund intends to distribute dividends to you, usually in December.

Capital gains, if any, are usually distributed in December. When a dividend or
capital gain is distributed, the net asset value per share is reduced by the
amount of the payment.

All dividends and capital gain distributions paid to retirement plan
shareholders will be automatically reinvested.




TAXES ON DIVIDENDS AND DISTRIBUTIONS

Dividends and capital gains distributed by the fund to tax-deferred retirement
plan accounts are not taxable currently.

TAXES ON TRANSACTIONS
Exchanges within a tax-deferred retirement plan account will not result in a
capital gain or loss for federal or state income tax purposes. With limited
exceptions, distributions from a retirement plan account are taxable as ordinary
income.

PLEASE SEE YOUR TAX ADVISER FOR MORE INFORMATION.


                                     23
                                           EuroPacific Growth Fund / Prospectus
<PAGE>



Financial highlights/1/

The Financial Highlights table is intended to help you understand the fund's
results for the past five fiscal years. Certain information reflects financial
results for a single share of a particular class. The total returns in the table
represent the rate that an investor would have earned or lost on an investment
in the fund (assuming reinvestment of all dividends and capital gain
distributions). This information has been audited by Deloitte & Touche LLP,
whose report, along with the fund's financial statements, is included in the
statement of additional information, which is available upon request.




                                                 INCOME (LOSS) FROM INVESTMENT OPERATIONS/2/
                                                                     Net
                                                                    gains
                                                                   (losses)
                                                                on securities
                                     Net asset                      (both
                                      value,         Net           realized       Total from
                                     beginning   investment          and          investment
                                     of period     income        unrealized)      operations
------------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006                  $35.63        $.62           $ 9.99           $10.61
Year ended 3/31/2005                   32.26         .43             3.45             3.88
Year ended 3/31/2004                   20.78         .29            11.50            11.79
Year ended 3/31/2003                   27.23         .25            (6.46)           (6.21)
Year ended 3/31/2002                   28.72         .33            (1.16)            (.83)
------------------------------------------------------------------------------------------------
CLASS R-1:
Year ended 3/31/2006                   35.04         .26             9.82            10.08
Year ended 3/31/2005                   31.89         .11             3.43             3.54
Year ended 3/31/2004                   20.67         .04            11.41            11.45
Period from 6/17/2002 to 3/31/2003     26.26         .06            (5.41)           (5.35)
------------------------------------------------------------------------------------------------
CLASS R-2:
Year ended 3/31/2006                   35.07         .26             9.83            10.09
Year ended 3/31/2005                   31.86         .14             3.41             3.55
Year ended 3/31/2004                   20.64         .05            11.40            11.45
Period from 5/31/2002 to 3/31/2003     27.34         .10            (6.55)           (6.45)
------------------------------------------------------------------------------------------------
CLASS R-3:
Year ended 3/31/2006                   35.23         .46             9.89            10.35
Year ended 3/31/2005                   31.96         .30             3.42             3.72
Year ended 3/31/2004                   20.68         .15            11.45            11.60
Period from 5/21/2002 to 3/31/2003     27.64         .17            (6.86)           (6.69)
------------------------------------------------------------------------------------------------
CLASS R-4:
Year ended 3/31/2006                   35.25         .57             9.91            10.48
Year ended 3/31/2005                   31.95         .39             3.44             3.83
Year ended 3/31/2004                   20.63         .27            11.41            11.68
Period from 6/7/2002 to 3/31/2003      26.69         .22            (6.00)           (5.78)
------------------------------------------------------------------------------------------------
CLASS R-5:
Year ended 3/31/2006                   35.64         .69            10.02            10.71
Year ended 3/31/2005                   32.26         .50             3.47             3.97
Year ended 3/31/2004                   20.78         .35            11.51            11.86
Period from 5/15/2002 to 3/31/2003     27.55         .26            (6.74)           (6.48)






                                            DIVIDENDS AND DISTRIBUTIONS



                                     Dividends                       Total      Net asset
                                     (from net   Distributions     dividends     value,
                                     investment      (from            and        end of      Total
                                      income)    capital gains)  distributions   period    return/3/
------------------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006                   $(.72)       $(1.32)         $(2.04)      $44.20      30.25%
Year ended 3/31/2005                    (.51)           --            (.51)       35.63      12.08
Year ended 3/31/2004                    (.31)           --            (.31)       32.26      57.11
Year ended 3/31/2003                    (.24)           --            (.24)       20.78     (23.16)
Year ended 3/31/2002                    (.66)           --            (.66)       27.23      (2.63)
------------------------------------------------------------------------------------------------------
CLASS R-1:
Year ended 3/31/2006                    (.51)        (1.32)          (1.83)       43.29      29.16
Year ended 3/31/2005                    (.39)           --            (.39)       35.04      11.18
Year ended 3/31/2004                    (.23)           --            (.23)       31.89      55.72
Period from 6/17/2002 to 3/31/2003      (.24)           --            (.24)       20.67     (20.56)
------------------------------------------------------------------------------------------------------
CLASS R-2:
Year ended 3/31/2006                    (.48)        (1.32)          (1.80)       43.36      29.20
Year ended 3/31/2005                    (.34)           --            (.34)       35.07      11.17
Year ended 3/31/2004                    (.23)           --            (.23)       31.86      55.78
Period from 5/31/2002 to 3/31/2003      (.25)           --            (.25)       20.64     (23.80)
------------------------------------------------------------------------------------------------------
CLASS R-3:
Year ended 3/31/2006                    (.62)        (1.32)          (1.94)       43.64      29.85
Year ended 3/31/2005                    (.45)           --            (.45)       35.23      11.68
Year ended 3/31/2004                    (.32)           --            (.32)       31.96      56.46
Period from 5/21/2002 to 3/31/2003      (.27)           --            (.27)       20.68     (24.40)
------------------------------------------------------------------------------------------------------
CLASS R-4:
Year ended 3/31/2006                    (.72)        (1.32)          (2.04)       43.69      30.20
Year ended 3/31/2005                    (.53)           --            (.53)       35.25      12.04
Year ended 3/31/2004                    (.36)           --            (.36)       31.95      57.00
Period from 6/7/2002 to 3/31/2003       (.28)           --            (.28)       20.63     (21.87)
------------------------------------------------------------------------------------------------------
CLASS R-5:
Year ended 3/31/2006                    (.81)        (1.32)          (2.13)       44.22      30.56
Year ended 3/31/2005                    (.59)           --            (.59)       35.64      12.38
Year ended 3/31/2004                    (.38)           --            (.38)       32.26      57.49
Period from 5/15/2002 to 3/31/2003      (.29)           --            (.29)       20.78     (23.71)


                                                     Ratio of     Ratio of
                                                     expenses     expenses
                                                    to average   to average
                                                    net assets   net assets     Ratio of
                                      Net assets,     before        after         net
                                        end of         reim-        reim-      income to
                                        period      bursements/  bursements/    average
                                     (in millions)    waivers    waivers/4/    net assets
------------------------------------------------------------------------------------------

CLASS A:
Year ended 3/31/2006                    $50,209        .81 %        .76 %        1.58 %
Year ended 3/31/2005                     37,515        .83          .82          1.31
Year ended 3/31/2004                     32,759        .87          .87          1.08
Year ended 3/31/2003                     20,143        .90          .90          1.06
Year ended 3/31/2002                     27,765        .88          .88          1.21
------------------------------------------------------------------------------------------
CLASS R-1:
Year ended 3/31/2006                         66       1.65         1.61           .66
Year ended 3/31/2005                         29       1.72         1.68           .34
Year ended 3/31/2004                          8       1.82         1.71           .15
Period from 6/17/2002 to 3/31/2003            1       2.84/5/      1.73/5/        .32/5/
------------------------------------------------------------------------------------------
CLASS R-2:
Year ended 3/31/2006                        735       1.76         1.60           .68
Year ended 3/31/2005                        375       1.90         1.64           .42
Year ended 3/31/2004                        174       2.08         1.67           .17
 Period from 5/31/2002 to 3/31/2003          29       2.33/5/      1.70/5/        .53/5/
------------------------------------------------------------------------------------------
CLASS R-3:
Year ended 3/31/2006                      4,336       1.15         1.11          1.18
Year ended 3/31/2005                      2,321       1.18         1.16           .89
Year ended 3/31/2004                      1,052       1.29         1.29           .51
Period from 5/21/2002 to 3/31/2003           63       1.35/5/      1.31/5/        .87/5/
------------------------------------------------------------------------------------------
CLASS R-4:
Year ended 3/31/2006                      5,352        .87          .83          1.45
Year ended 3/31/2005                      2,668        .90          .88          1.17
Year ended 3/31/2004                      1,106        .92          .92           .92
Period from 6/7/2002 to 3/31/2003            76        .96/5/       .96/5/       1.27/5/
------------------------------------------------------------------------------------------
CLASS R-5:
Year ended 3/31/2006                      9,059        .58          .53          1.74
Year ended 3/31/2005                      4,507        .59          .58          1.51
Year ended 3/31/2004                      2,473        .61          .61          1.27
Period from 5/15/2002 to 3/31/2003          782        .63/5/       .63/5/       1.31/5/





                                     24
EuroPacific Growth Fund / Prospectus


<PAGE>





                                           YEAR ENDED MARCH 31
                           2006        2005        2004        2003         2002
------------------------------------------------------------------------------------

 PORTFOLIO TURNOVER
RATE FOR ALL CLASSES       35%         30%         25%         29%          27%
OF SHARES




1 Based on operations for the periods shown (unless otherwise noted) and,
 accordingly, may not be representative of a full year.
2 Based on average shares outstanding.
3 Total returns exclude all sales charges.
4 The ratios in this column reflect the impact, if any, of certain
 reimbursements/waivers from Capital Research and Management Company. See the
 Annual Fund Operating Expenses table under "Fees and expenses of the fund" and
 the audited financial statements in the fund's annual report for more
 information.
5 Annualized.


                                     25
                                             EuroPacific Growth Fund / Prospectus

<PAGE>

NOTES


                                     26
EuroPacific Growth Fund / Prospectus


<PAGE>



NOTES


                                     27
                                           EuroPacific Growth Fund / Prospectus
<PAGE>





[logo - American Funds (r)]                The right choice for the long term/(R)/





          FOR SHAREHOLDER          American Funds Service Company
          SERVICES                 800/421-0180
          FOR RETIREMENT PLAN      Call your employer or plan
          SERVICES                 administrator
          FOR DEALER SERVICES      American Funds Distributors
                                   800/421-9900
                                   americanfunds.com
          FOR 24                   For Class R share information,
          -HOUR INFORMATION        visit AmericanFundsRetirement.com


          Telephone calls you have with the American Funds
          organization may be monitored or recorded for quality
          assurance, verification and/or recordkeeping purposes.
          By speaking with us on the telephone, you are giving
          your consent to such monitoring and recording.
-----------------------------------------------------------------------------------



MULTIPLE TRANSLATIONS  This prospectus may be translated into other languages.
If there is any inconsistency or ambiguity as to the meaning of any word or
phrase in a translation, the English text will prevail.

ANNUAL/SEMI-ANNUAL REPORT TO SHAREHOLDERS  The shareholder reports contain
additional information about the fund, including financial statements,
investment results, portfolio holdings, a discussion of market conditions and
the fund's investment strategies, and the independent registered public
accounting firm's report (in the annual report).



STATEMENT OF ADDITIONAL INFORMATION (SAI) AND CODES OF ETHICS The current SAI,
as amended from time to time, contains more detailed information on all aspects
of the fund, including the fund's financial statements, and is incorporated by
reference into this prospectus. This means that the current SAI, for legal
purposes, is part of this prospectus. The codes of ethics describe the personal
investing policies adopted by the fund, the fund's investment adviser and its
affiliated companies.

The codes of ethics and current SAI are on file with the Securities and Exchange
Commission (SEC). These and other related materials about the fund are available
for review or to be copied at the SEC's Public Reference Room in Washington, DC
(202/942-8090) or on the EDGAR database on the SEC's website at sec.gov or,
after payment of a duplicating fee, via e-mail request to publicinfo@sec.gov or
by writing to the SEC's Public Reference Section, Washington, DC 20549-0102. The
current SAI and shareholder reports are also available, free of charge, on
americanfunds.com.

HOUSEHOLD MAILINGS Each year you are automatically sent an updated prospectus
and annual and semi-annual reports for the fund. You may also occasionally
receive proxy statements for the fund. In order to reduce the volume of mail you
receive, when possible, only one copy of these documents will be sent to
shareholders who are part of the same family and share the same household
address.

If you would like to opt out of household-based mailings or receive a
complimentary copy of the current SAI, codes of ethics or annual/semi-annual
report to shareholders, please call American Funds Service Company at
800/421-0180 or write to the Secretary of the fund at 333 South Hope Street, Los
Angeles, California 90071.


[logo - recycled bug]
Printed on recycled paper





Printed on recycled paper
RPGEPR-916-0606P Litho in USA              Investment Company File No. 811-3734
CGD/RRD/8031
-------------------------------------------------------------------------------
THE CAPITAL GROUP COMPANIES
American Funds        Capital Research and Management       Capital International
         Capital Guardian                    Capital Bank and Trust


<PAGE>

EuroPacific Growth Fund

Part C

Other Information

Item 23. Exhibits for Registration Statement (1940 Act No. 811-3734 and 1933 Act. No. 2-83847

(a)

Declaration of Trust and Restatement of Declaration of Trust - previously filed (see Post-Effective Amendment No. 17 filed 5/29/97); Establishment and Designation of Additional Classes of Shares - previously filed (see P/E Amendment No. 23 filed 3/14/01; and No. 25 filed 2/14/02)

(b)	By-laws as amended 3/9/06

(c)	Form of Share Certificate - previously filed (see P/E Amendment No. 23 filed 3/14/01)

(d)	Amended Investment Advisory and Service Agreement as of 3/10/05 - previously filed (see P/E Amendment No. 30 filed 5/27/05

(e-1)

Form of Amended and Restated Principal Underwriting Agreement and Selling Group Agreements - previously filed (see P/E Amendment No. 25 filed 2/14/02, and No. 26 filed 5/14/02)

(e-2)

Form of Institutional Selling Group Agreement

(f)	Bonus or Profit Sharing Contracts - Deferred Compensation Plan amended 1/1/04 - previously filed (see P/E Amendment No. 29 filed 5/27/04)

(g-1)

Form of Global Custody Agreement - previously filed (see P/E Amendment No. 26 filed 5/14/02)

(g-2)

Form of JPMorgan Chase Supplemental Agreement

(h-1) Other material contracts - Form of Amended and Restated Administrative Services Agreement - previously filed (see P/E Amendment No. 25 filed 2/14/02)

(h-2)

Amended Shareholder Services Agreement as of 4/1/03 - previously filed (see P/E Amendment No. 28 filed 5/29/03)

(h-3)

Form of Indemnification Agreement as of 7/1/04 - previously filed (see P/E Amendment No. 30 filed 5/27/05)

(i)

Legal opinion - previously filed (see P/E Amendment No. 26 filed 5/14/02)

(j) Consent of Independent Registered Public Accounting Firm

(k) Omitted financial statements - none

(l) Initial capital agreements - none

EuroPacific Growth Fund - Page C-

(m)	Forms of Plans of Distribution - Class A Plan of Distribution - previously filed (see P/E Amendment No. 17 filed 5/29/97; Class 529-A - previously filed (see P/E Amendment No. 25 filed 2/15/02); Classes B, C, F, 529-B, 529-C, 529-E, 529-F, R-1, R-2, R-3 and R-4, dated 10/1/05

(n)	Form of Amended and Restated Multiple Class Plan - previously filed (see P/E Amendment No. 25 filed 2/14/02)

(o) Reserved

(p)

Code of Ethics for The Capital Group Companies dated November 2004 and Code of Ethics for the Registrant dated December 2004

Item 24. Persons Controlled by or Under Common Control with the Fund

None

Item 25. Indemnification

The Registrant is a joint-insured under Investment Adviser/Mutual Fund Errors and Omissions Policies, which insure its officers and trustees against certain liabilities. However, in no event will Registrant maintain insurance to indemnify any such person for any act for which Registrant itself is not permitted to indemnify the individual.

Article III of the Registrant's Declaration of Trust and Article VI of the Registrant’s By-Laws (attached as an exhibit hereto) as well as the indemnification agreements (a form of which is attached as an exhibit hereto) that the Registrant has entered into with each of its trustees who is not an “interested person” of the Registrant (as defined under the Investment Company Act of 1940), provide in effect that the Registrant will indemnify its officers and trustees against any liability or expenses actually and reasonably incurred by such person in any proceeding arising out of or in connection with his or her service to the Registrant, to the fullest extent permitted by applicable law, subject to certain conditions. In accordance with Section 17(h) and 17(i) of the Investment Company Act of 1940 and their respective terms, these provisions do not protect any person against any liability to the Registrant or its shareholders to which such person would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence, or reckless disregard of the duties involved in the conduct of his or her office.

Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to trustees, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a trustee, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such trustee, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

Registrant will comply with the indemnification requirements contained in the Investment Company Act of 1940, as amended, and Release Nos. 7221 (June 9, 1972) and 11330 (September 4, 1980)

Item 26. Business and Other Connections of the Investment Adviser

None

Item 27. Principal Underwriters

(a) American Funds Distributors, Inc. is the Principal Underwriter of shares of: AMCAP Fund, Inc., American Balanced Fund, Inc., The American Funds Income Series, The American Funds Tax-Exempt Series I, The American Funds Tax-Exempt Series II, American High-Income Municipal Bond Fund, Inc., American High-Income Trust, American Mutual Fund, Inc., The Bond Fund of America, Inc., Capital Income Builder, Inc., Capital World Bond Fund, Inc., Capital World Growth and Income Fund, Inc., The Cash Management Trust of America, Fundamental Investors, Inc., The Growth Fund of America, Inc., The Income Fund of America, Inc., The Investment Company of America, Intermediate Bond Fund of America, Limited Term Tax-Exempt Bond Fund of America, The New Economy Fund, New Perspective Fund, Inc., New World Fund, Inc., SMALLCAP World Fund, Inc., The Tax-Exempt Bond Fund of America, Inc., The Tax-Exempt Money Fund of America, U.S. Treasury Money Fund of America and Washington Mutual Investors Fund, Inc.

(b)

	(1) Name and Principal Business Address	(2) Positions and Offices with Underwriter	(3) Positions and Offices with Registrant

	David L. Abzug	Vice President	None
	P.O. Box 2248
	Agoura Hills, CA 91376

	William C. Anderson	Regional Vice President	None
	7780 Boylston Court
	Dublin, OH 43016

	Robert B. Aprison	Senior Vice President	None
	2983 Bryn Wood Drive
	Madison, WI 53711

	Shakeel A. Barkat	Regional Vice President	None
	982 Wayson Way
	Davidsonville, MD 21035

	T. Patrick Bardsley	Regional Vice President	None
	36 East Woodward Blvd.
	Tulsa, OK 74114

	Steven L. Barnes	Senior Vice President	None
	7490 Clubhouse Road
	Suite 100
	Boulder, CO 80301

	Thomas M. Bartow	Vice President	None
	20 Cerchio Alto
	Henderson, NV 89011

B	Carl R. Bauer	Vice President	None

	Michelle A. Bergeron	Senior Vice President	None
	4160 Gateswalk Drive
	Smyrna, GA 30080

	J. Walter Best, Jr.	Vice President	None
	7003 Chadwick Drive, Suite 355
	Brentwood, TN 37027

	John A. Blanchard	Senior Vice President	None
	576 Somerset Lane
	Northfield, IL 60093

	Ian B. Bodell	Senior Vice President	None
	7003 Chadwick Drive, Suite 355
	Brentwood, TN 37027

	Dana Boyd	Regional Vice President	None
	4444 Riverside Drive, Suite 110
	Burbank, CA 91505-4048

	Bill Brady	Regional Vice President	None
	646 Somerset Drive
	Indianapolis, IN 46260

	Mick L. Brethower	Senior Vice President	None
	601 E. Whitestone Blvd.
	Building 6, Suite 115
	Cedar Park, TX 78613

	C. Alan Brown	Vice President	None
	7424 Somerset Avenue
	St. Louis, MO 63105

L	Sheryl M. Burford	Assistant Vice President	None

B	J. Peter Burns	Vice President	None

	Steven Calabria	Regional Vice President	None
	161 Bay Avenue
	Huntington Bay, NY 11743

S	Kathleen D. Campbell	Assistant Vice President	None



	Matthew C. Carlisle	Vice President	None
	100 Oakmont Lane, #409
	Belleair, FL 33756

	Damian F. Carroll	Vice President	None
	40 Ten Acre Road
	New Britain, CT 06052

	James D. Carter	Regional Vice President	None
	560 Valley Hill Lane
	Knoxville, TN 37922

	Brian C. Casey	Senior Vice President	None
	8002 Greentree Road
	Bethesda, MD 20817

	Victor C. Cassato	Senior Vice President	None
	999 Green Oaks Drive
	Greenwood Village, CO 80121

	Christopher J. Cassin	Senior Vice President	None
	120 E. Ogden Ave., Suite 106
	Hinsdale, IL 60521

L	Denise M. Cassin	Director, Senior Vice President	None

L	David D. Charlton	Senior Vice President	None

	Thomas M. Charon	Regional Vice President	None
	N27 W23960 Paul Road
	Suite 204
	Pewaukee, WI 53072

L	Wellington Choi	Assistant Vice President	None

	Paul A. Cieslik	Regional Vice President	None
	90 Northington Drive
	Avon, CT 06001

L	Larry P. Clemmensen	Director	None

L	Kevin G. Clifford	Director, President and Co-Chief Executive Officer	None

H	Cheri Coleman	Vice President	None

	Ruth M. Collier	Senior Vice President	None
	106 Central Park South, #10K
	New York, NY 10019


S	David Coolbaugh	Vice President	None

	Carlo O. Cordasco	Regional Vice President	None
	4036 Ambassador Circle
	Williamsburg, VA 23188

B	Josie Cortez	Assistant Vice President	None

	Thomas E. Cournoyer	Vice President	None
	2333 Granada Blvd.
	Coral Gables, FL 33134

L	Michael D. Cravotta	Assistant Vice President	None

	Joseph G. Cronin	Vice President	None
	1281 Fiore Drive
	Lake Forest, IL 60045

	William F. Daugherty	Vice President	None
	1213 Redwood Hills Circle
	Carlisle, PA 17013

	Guy E. Decker	Vice President	None
	2990 Topaz Lane
	Carmel, IN 46032

	Daniel J. Delianedis	Senior Vice President	None
	Edina Executive Plaza
	5200 Willson Road, Suite 150
	Edina, MN 55424

L	James W. DeLouise	Assistant Vice President	None

	James A. DePerno, Jr.	Vice President	None
	1 Nehercrest Lane
	Orchard Park, NY 14127

L	Bruce L. DePriester	Director, Senior Vice President, Treasurer and Controller	None

	Lori A. Deuberry	Regional Vice President	None
	130 Aurora Street
	Hudson, OH 44236

L	Dianne M. Dexter	Assistant Vice President	None

	Thomas J. Dickson	Vice President	None
	108 Wilmington Court
	Southlake, TX 76092

	Michael A. DiLella	Senior Vice President	None
	22 Turner’s Lake Drive
	Mahwah, NJ 07430

	G. Michael Dill	Director, Senior Vice President	None
	505 E. Main Street
	Jenks, OK 74037

N	Dean M. Dolan	Vice President	None


L	Hedy B. Donahue	Assistant Vice President	None

L	Michael J. Downer	Director, Secretary	None

	Michael J. Dullaghan	Regional Vice President	None
	5040 Plantation Grove Lane
	Roanoke, VA 24012

I	Lloyd G. Edwards	Senior Vice President	None

	Timothy L. Ellis	Senior Vice President	None
	1700 Lelia Drive, Suite 105
	Jackson, MS 39216

	Kristopher A. Feldmeyer	Regional Vice President	None
	787 Jackson Road
	Greenwood, IN 46142

L	Lorna Fitzgerald	Vice President	None

	William F. Flannery	Regional Vice President	None
	29 Overlook Road
	Hopkinton, MA 01748

	John R. Fodor	Senior Vice President	None
	15 Latisquama Road
	Southborough, MA 01772

L	Charles L. Freadhoff	Vice President	None

	Daniel B. Frick	Vice President	None
	845 Western Avenue
	Glen Ellyn, IL 60137

L	Linda S. Gardner	Vice President	None

	Keith R. George	Regional Vice President	None
	3835 East Turtle Hatch Road
	Springfield, MO 65809

L	J. Christopher Gies	Senior Vice President	None

B	Lori A. Giacomini	Assistant Vice President	None

B	Evelyn K. Glassford	Vice President	None

	Jack E. Goldin	Regional Vice President	None
	3424 Belmont Terrace
	Davie, FL 33328

L	Earl C. Gottschalk	Vice President	None

	Jeffrey J. Greiner	Senior Vice President	None
	8250-A Estates Parkway
	Plain City, OH 43064

	Eric M. Grey	Regional Vice President	None
	601 Fisher Road
	N. Dartmouth, MA 02747

B	Mariellen Hamann	Vice President	None

	Derek S. Hansen	Vice President	None
	13033 Ridgedale Drive, #147
	Minnetonka, MN 55305

	David E. Harper	Senior Vice President	None
	5400 Russell Cave Road
	Lexington, KY 40511

	Calvin L. Harrelson, III	Regional Vice President	None
	2048 Kings Manor Drive
	Weddington, NC 28104

	Robert J. Hartig, Jr.	Vice President	None
	13563 Marjac Way
	McCordsville, IN 46055

L	Linda M. Hines	Vice President	None

	Steven J. Hipsley	Regional Vice President	None
	44 Tyler Drive
	Saratoga Springs, NY 12866

L	Russell K. Holliday	Vice President	None

L	Kevin B. Hughes	Vice President	None




	Ronald R. Hulsey	Senior Vice President	None
	6202 Llano
	Dallas, TX 75214

	Marc Ialeggio	Regional Vice President	None
	13 Prince Royal Passage
	Corte Madera, CA 94925

	Robert S. Irish	Senior Vice President	None
	1225 Vista Del Mar Drive
	Delray Beach, FL 33483

B	Damien M. Jordan	Senior Vice President	None

L	Marc J. Kaplan	Assistant Vice President	None

	John P. Keating	Vice President	None
	1576 Sandy Springs Dr.
	Orange Park, FL 32003

	Brian G. Kelly	Regional Vice President	None
	76 Daybreak Road
	Southport, CT 06890

	Andrew J. Kilbride	Regional Vice President	None
	3080 Tuscany Court
	Ann Arbor, MI 48103

N	Dorothy Klock	Vice President	None

	Dianne L. Koske	Assistant Vice President	None
	6 Black Oak Court
	Poquoson, VA 23662

B	Elizabeth K. Koster	Vice President	None

	Christopher F. Lanzafame	Regional Vice President	None
	19365 Lovall Valley Court
	Sonoma, CA 95476

	Patricia D. Lathrop	Regional Vice President	None
	822 Monterey Blvd., NE
	St. Petersburg, FL 33704

	R. Andrew LeBlanc	Vice President	None
	78 Eton Road
	Garden City, NY 11530




	T. Blake Liberty	Vice President	None
	5506 East Mineral Lane
	Littleton, CO 80122

	Mark J. Lien	Vice President	None
	1103 Tulip Tree Lane
	West Des Moines, IA 50266

L	Lorin E. Liesy	Vice President	None

I	Kelle Lindenberg	Assistant Vice President	None

	Louis K. Linquata	Vice President	None
	5214 Cass Street
	Omaha, NE 68132

	Brendan T. Mahoney	Vice President	None
	1 Union Avenue, Suite One
	Sudbury, MA 01776

	Nathan G. Mains	Regional Vice President	None
	31873 Snowshoe Road
	Evergreen, CO 80439

	Stephen A. Malbasa	Director, Senior Vice President	None
	13405 Lake Shore Blvd.
	Cleveland, OH 44110

	Steven M. Markel	Senior Vice President	None
	5241 South Race Street
	Greenwood Village, CO 80121

L	Paul R. Mayeda	Assistant Vice President	None

L	Eleanor P. Maynard	Vice President	None

L	Christopher McCarthy	Vice President	None

	James R. McCrary	Vice President	None
	28812 Crestridge
	Rancho Palos Verdes, CA 90275

L	Will McKenna	Assistant Vice President	None

S	John V. McLaughlin	Senior Vice President	None

	Terry W. McNabb	Senior Vice President	None
	2002 Barrett Station Road
	St. Louis, MO 63131


L	Katharine McRoskey	Assistant Vice President	None

	Scott M. Meade	Vice President	None
	370 Central Road
	Rye Beach, NH 03870

	Charles L. Mitsakos	Regional Vice President	None
	3017 11 ^th Avenue West
	Seattle, WA 98119

	Monty L. Moncrief	Regional Vice President	None
	55 Chandler Creek Court
	The Woodlands, TX 77381

	David H. Morrison	Regional Vice President	None
	7021 North Stratton Court
	Peoria, IL 61615

	Andrew J. Moscardini	Regional Vice President	None
	832 Coldwater Creek Circle
	Niceville, FL 32578

	William E. Noe	Senior Vice President	None
	3600 Knollwood Road
	Nashville, TN 37215

L	Heidi J. Novaes	Vice President	None

	Peter A. Nyhus	Senior Vice President	None
	15345 Wilderness Ridge Rd, NW
	Prior Lake, MN 55372

G1	Luis Freitas de Oliveira	Director	None

	Eric P. Olson	Senior Vice President	None
	27 Main Street, Suite 200
	Topsfield, MA 01983

	Jeffrey A. Olson	Regional Vice President	None
	2708 88 ^th St. Court, NW
	Gig Harbor, WA 98332

	Thomas A. O’Neil	Regional Vice President	None
	4 Hillcrest Avenue
	Eastborough, KS 67208

	Michael W. Pak	Regional Vice President	None
	13929 SE 92 ^nd Street
	Newcastle, WA 98059


	W. Burke Patterson, Jr.	Regional Vice President	None
	1643 Richland Avenue
	Baton Rouge, LA 70808

	Gary A. Peace	Vice President	None
	291 Kaanapali Drive
	Napa, CA 94558

	Samuel W. Perry	Regional Vice President	None
	4340 East Indian School Road
	Suite 21
	Phoenix, AZ 85018

	Raleigh G. Peters	Regional Vice President	None
	1439 Byrd Drive
	Berwyn, PA 19312

	David K. Petzke	Vice President	None
	4016 Saint Lucia Street
	Boulder, CO 80301

	Fredric Phillips	Senior Vice President	None
	175 Highland Avenue, 4th Floor
	Needham, MA 02494

	John Pinto	Regional Vice President	None
	226 Country Club Drive
	Lansdale, PA 19446

	Carl S. Platou	Senior Vice President	None
	7455 80th Place, S.E.
	Mercer Island, WA 98040

	Charles R. Porcher	Regional Vice President	None
	One Glenlake Pkwy., Suite 700
	Atlanta, GA 30328

S	Richard P. Prior	Vice President	None

	Mike Quinn	Regional Vice President	None
	1035 Vintage Club Drive
	Duluth, GA 30097

S	John W. Rankin	Regional Vice President	None
	1725 Centennial Club Drive
	Conway, AR 72034

	Jennifer D. Rasner	Regional Vice President	None
	11940 Baypoint Drive
	Burnsville, MN 55337

	James P. Rayburn	Regional Vice President	None
	3108 Roxbury Road
	Homewood, AL 35209

	Mark S. Reischmann	Regional Vice President	None
	4125 Hermitage Drive
	Colorado Springs, CO 80906

	Steven J. Reitman	Senior Vice President	None
	212 The Lane
	Hinsdale, IL 60521

	Brian A. Roberts	Vice President	None
	209-A 60 ^th Street
	Virginia Beach, VA 23451

L	James F. Rothenberg	Director	None

	Romolo D. Rottura	Vice President	None
	233 Glenhaven Court
	Swedesboro, NJ 08085

	Douglas F. Rowe	Vice President	None
	414 Logan Ranch Road
	Georgetown, TX 78628

	William M. Ryan	Regional Vice President	None
	1408 Cortland Drive
	Manasquan, NJ 08736

L	Dean B. Rydquist	Director, Senior Vice President, Chief Compliance Officer	None

	Richard A. Sabec, Jr.	Regional Vice President	None
	6868 Meadow Glen Drive
	Westerville, OH 43082

	Richard R. Samson	Senior Vice President	None
	4604 Glencoe Avenue, #4
	Marina del Rey, CA 90292

	Paul V. Santoro	Vice President	None
	28 State Street, Suite 1100
	Boston, MA 02109

	Mark A. Seaman	Vice President	None
	645 Baltimore Annapolis Blvd., Ste. 220
	Severna Park, MD 21146

	Joseph D. Scarpitti	Senior Vice President	None
	31465 St. Andrews
	Westlake, OH 44145

	Shane D. Schofield	Vice President	None
	201 McIver Street
	Greenville, SC 29601

S	Sherrie L. Senft	Vice President	None

	James J. Sewell III	Regional Vice President	None
	415 East Holyoke Place
	Claremont, CA 91711

	Arthur M. Sgroi	Regional Vice President	None
	76 Fields End Drive
	Glenmont, NY 12077

L	R. Michael Shanahan	Director	None

L	Michael J. Sheldon	Vice President	None

	Frederic J. Shipp	Regional Vice President	None
	1352 Sanjo Farms Drive
	Chesapeake, VA 23320

	Daniel S. Shore	Vice President	None
	3734 North Greenview Avenue
	Chicago, IL 60613

	Brad Short	Vice President	None
	1601 Seal Way
	Seal Beach, CA 90740

	David W. Short	Chairman of the Board and	None
	1000 RIDC Plaza, Suite 212	Co-Chief Executive Officer
	Pittsburgh, PA 15238

	Nathan W. Simmons	Regional Vice President	None
	496 Dogwood Trail
	Quincy, FL 32352

	William P. Simon, Jr.	Senior Vice President	None
	237 Lancaster Avenue, Suite 207
	Devon, PA 19333

L	Connie F. Sjursen	Vice President	None

	Jerry L. Slater	Senior Vice President	None
	1820 38 ^th Ave. E
	Seattle, WA 98112

LW	John H. Smet	Director	None

	Rodney G. Smith	Senior Vice President	None
	15851 Dallas Parkway, Suite 500
	Addison, TX 75001-6016

	J. Eric Snively	Regional Vice President	None
	2548 Violet Street
	Glenview, IL 60025

	Anthony L. Soave	Vice President	None
	3780 Foxglove Court NE
	Grand Rapids, MI 49525

L	Therese L. Soullier	Vice President	None

	Nicholas D. Spadaccini	Senior Vice President	None
	855 Markley Woods Way
	Cincinnati, OH 45230

L	Kristen J. Spazafumo	Vice President	None

	Mark D. Steburg	Regional Vice President	None
	12508 160 ^th Avenue Southeast
	Renton, WA 98059

	Michael P. Stern	Regional Vice President	None
	213 Aptos Place
	Danville, CA 94526

	Brad Stillwagon	Vice President	None
	2438 Broadmeade Road
	Louisville, KY 40205

	Thomas A. Stout	Vice President	None
	1004 Ditchley Road
	Virginia Beach, VA 23451




	Craig R. Strauser	Senior Vice President	None
	175 Berwick
	Lake Oswego, OR 97034

L	Libby J. Syth	Vice President	None

L	Drew W. Taylor	Assistant Vice President	None

L	Larry I. Thatt	Assistant Vice President	None

	Gary J. Thoma	Regional Vice President	None
	401 Desnoyer
	Kaukauna, WI 54130

	Cynthia M. Thompson	Regional Vice President	None
	4 Franklin Way
	Ladera Ranch, CA 92694

L	James P. Toomey	Vice President	None

I	Christopher E. Trede	Vice President	None

	George F. Truesdail	Senior Vice President	None
	400 Abbotsford Court
	Charlotte, NC 28270

	Scott W. Ursin-Smith	Senior Vice President	None
	103 E. Blithedale Avenue, Suite 1
	Mill Valley, CA 94941

S	Cindy Vaquiax	Assistant Vice President	None

	J. David Viale	Vice President	None
	39 Old Course Drive
	Newport Beach, CA 92660

D	Bradley J. Vogt	Director	None

	Gerald J. Voss	Regional Vice President	None
	1009 Ridge Road
	Sioux Falls, SD 57105

L	A. Jordan Wallens	Regional Vice President	None
	1501 Maple Avenue, #602
	Evanston, IL 60201

	Thomas E. Warren	Vice President	None
	119 Faubel St.
	Sarasota, FL 34242


L	J. Kelly Webb	Senior Vice President	None

	Gregory J. Weimer	Director,	None
	206 Hardwood Drive	Senior Vice President
	Venetia, PA 15367

B	Timothy W. Weiss	Director	None

SF	Gregory W. Wendt	Director	None

	George J. Wenzel	Vice President	None
	261 Barden Road
	Bloomfield Hills, MI 48304

	Brian E. Whalen	Regional Vice President	None
	4072 Yellow Ginger Glen
	Norcross, GA 30092

L	N. Dexter Williams, Jr.	Senior Vice President	None

L	Alan J. Wilson	Director	None

	Andrew L. Wilson	Vice President	None
	11163 Rich Meadow Drive
	Great Falls, VA 22066

	Steven C. Wilson	Regional Vice President	None
	7529 Summit Ridge Road
	Middleton, WI 53562

	Timothy J. Wilson	Vice President	None
	501 Valley Brook Road, Suite 204
	McMurray, PA 15317

B	Laura L. Wimberly	Vice President	None

	Marshall D. Wingo	Director, Senior Vice President	None
	Promenade Two, 25 ^th Floor
	1230 Peachtree Street, N.E.
	Atlanta, GA 30309

	Kurt A. Wuestenberg	Vice President	None
	975 Arboretum Drive
	Saline, MI 48176

	William R. Yost	Senior Vice President	None
	9463 Olympia Drive
	Eden Prairie, MN 55347



	Jason P. Young	Regional Vice President	None
	11141 Whitetail Lane
	Olathe, KS 66061

	Jonathan A. Young	Regional Vice President	None
	2145 Hickory Forrest
	Chesapeake, VA 23322

	Scott D. Zambon	Regional Vice President	None
	2178 Pieper Lane
	Tustin, CA 92782

__________

L	Business Address, 333 South Hope Street, Los Angeles, CA 90071
LW	Business Address, 11100 Santa Monica Blvd., 15th Floor, Los Angeles, CA 90025
B	Business Address, 135 South State College Boulevard, Brea, CA 92821
S	Business Address, 3500 Wiseman Boulevard, San Antonio, TX 78251
SF	Business Address, One Market, Steuart Tower, Suite 1800, San Francisco, CA 94105-1016
H	Business Address, 5300 Robin Hood Road, Norfolk, VA 23513
I	Business Address, 8332 Woodfield Crossing Blvd., Indianapolis, IN 46240
N	Business Address, 630 Fifth Avenue, 36 ^th Floor, New York, NY10111
D	Business Address, 3000 K Street N.W., Suite 230, Washington, DC 20007-5140
G1	Business Address, 3 Place des Bergues, 1201 Geneva, Switzerland

Item 28. Location of Accounts and Records

Accounts, books and other records required by Rules 31a-1 and 31a-2 under the Investment Company Act of 1940, as amended, are maintained and held in the offices of the Registrant’s investment adviser, Capital Research and Management Company, 333 South Hope Street, Los Angeles, California 90071, and/or 135 South State College Boulevard, Brea, California 92821.

Registrant's records covering shareholder accounts are maintained and kept by its transfer agent, American Funds Service Company, 135 South State College Boulevard, Brea, California 92821; 8332 Woodfield Crossing Boulevard, Indianapolis, Indiana 46240; 10001 North 92 ^nd Street, Suite 100, Scottsdale, Arizona 85258; 3500 Wiseman Boulevard, San Antonio, Texas 78251; and 5300 Robin Hood Road, Norfolk, Virginia 23513.

Registrant's records covering portfolio transactions are maintained and kept by its custodian, JPMorgan Chase Bank, 270 Park Avenue, New York, New York 10017-2070.

EuroPacific Growth Fund - Page C-

Item 29. Management Services

None

Item 30. Undertakings

n/a

EuroPacific Growth Fund - Page C-

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Los Angeles, and State of California, on the 25th day of May, 2006.

EUROPACIFIC GROWTH FUND

By: /s/ Gina H. Despres

(Gina H. Despres, Vice Chairman)

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below on May 25, 2006, by the following persons in the capacities indicated.

	Signature	Title
(1)	Principal Executive Officer:
	/s/ Mark E. Denning	President and Trustee
	(Mark E. Denning)

(2)	Principal Financial Officer and Principal Accounting Officer:
	/s/ R. Marcia Gould	Treasurer
	(R. Marcia Gould)

(3)	Trustees:
	Elisabeth Allison*	Trustee
	Vanessa C.L. Chang*	Trustee
	/s/ Mark E. Denning	President and Trustee
	(Mark E. Denning)
	/s/ Gina H. Despres	Vice Chairman
	(Gina H. Despres)	Trustee
	Robert A. Fox*	Trustee
	Jae H. Hyun*	Trustee
	Koichi Itoh*	Trustee
	William H. Kling*	Trustee
	John G. McDonald*	Trustee
	William I. Miller*	Chairman of the Board (Independent and Non-Executive)
	Alessandro Ovi*	Trustee
	Kirk P. Pendleton*	Trustee
	Rozanne L. Ridgway*	Trustee
	*By: /s/ Vincent P. Corti
	(Vincent P. Corti, pursuant to a power of attorney filed herewith)

Counsel represents that this amendment does not contain disclosures that would make the amendment ineligible for effectiveness under the provisions of rule 485(b).

/s/ Herbert Y. Poon

(Herbert Y. Poon)

EuroPacific Growth Fund - Page C-

POWER OF ATTORNEY

I, Elisabeth Allison, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, Form N-8A or any successor thereto, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statements on Form N-1A or any successor thereto, and Registration Statements on Form N-14, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Belmont, MA , this 5 ^th day of July, 2005.

(City, State)

/s/ Elisabeth Allison

Elisabeth Allison, Board member

POWER OF ATTORNEY

I, Vanessa C. L. Chang, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

EXECUTED at Los Angeles, CA , this 26 ^th day of July, 2005.

(City, State)

/s/ Vanessa C. L. Chang

Vanessa C. L. Chang, Board membe

POWER OF ATTORNEY

I, Robert A. Fox, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- American Balanced Fund, Inc.

- EuroPacific Growth Fund

- Fundamental Investors, Inc.

- The Growth Fund of America, Inc.

- The Income Fund of America, Inc.

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

Sheryl F. Johnson

EXECUTED at Reno, NV , this 20 ^th day of July, 2005.

(City, State)

/s/ Robert A. Fox

Robert A. Fox, Board member

POWER OF ATTORNEY

I, Jae H. Hyun, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

EXECUTED at Seoul, Korea , this 5 ^th day of July, 2005.

(City, State)

/s/ Jae H. Hyun

Jae H. Hyun, Board member

POWER OF ATTORNEY

I, Koichi Itoh, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- Capital Income Builder, Inc.

- Capital World Growth and Income Fund, Inc.

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

Sheryl F. Johnson

Jeffrey P. Regal

EXECUTED at Tokyo, Japan , this 6 ^th day of November, 2005.

(City, State)

/s/ Koichi Itoh

Koichi Itoh, Board member

POWER OF ATTORNEY

I, William H. Kling, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- AMCAP Fund, Inc.

- American Mutual Fund, Inc.

- EuroPacific Growth Fund

- The New Economy Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

- SMALLCAP World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Kimberly S. Verdick

Steven I. Koszalka

R. Marcia Gould

David A. Pritchett

EXECUTED at St. Paul, MN , this 11th day of April , 2006.

(City, State)

/s/ William H. Kling

William H. Kling, Board member

POWER OF ATTORNEY

I, John G. McDonald, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- American Balanced Fund, Inc.

- EuroPacific Growth Fund

- Fundamental Investors, Inc.

- The Growth Fund of America, Inc.

- The Income Fund of America, Inc.

- The Investment Company of America

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

Sheryl F. Johnson

EXECUTED at Stanford, CA , this 5 ^th day of July, 2005.

(City, State)

/s/ John G. McDonald

John G. McDonald, Board member

POWER OF ATTORNEY

I, William I. Miller, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

EXECUTED at Columbus, IN , this 11 ^th day of July, 2005.

(City, State)

/s/ William I. Miller

William I. Miller, Board member

POWER OF ATTORNEY

I, Alessandro Ovi, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

EXECUTED at Rome, Italy , this 7 ^th day of July, 2005.

(City, State)

/s/ Alessandro Ovi

Alessandro Ovi, Board member

POWER OF ATTORNEY

I, Kirk P. Pendleton, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- AMCAP Fund, Inc.

- American Funds Insurance Series

- American Mutual Fund, Inc.

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

Sheryl F. Johnson

David A. Pritchett

EXECUTED at Bryn Athyn, PA , this 27 ^th day of July, 2005.

(City, State)

/s/ Kirk P. Pendleton

Kirk P. Pendleton, Board member

POWER OF ATTORNEY

I, Rozanne L. Ridgway, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

- EuroPacific Growth Fund

- New Perspective Fund, Inc.

- New World Fund, Inc.

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti

Chad L. Norton

Patrick F. Quan

Julie F. Williams

Rodney S. Kiemele

Steven I. Koszalka

R. Marcia Gould

EXECUTED at Arlington, VA , this 5 ^th day of July, 2005.

(City, State)

/s/ Rozanne L. Ridgway

Rozanne L. Ridgway, Board member