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Stein Roe Advisor Trust
Advisor Growth Stock Fund
Revised Supplement to Prospectus dated October 15, 1997
Liberty Financial Investments, Inc. (the "Distributor")as extended
the period for which the Distributor will pay financial service
firms 100% of the applicable initial sales charge attributable to
Class A share purchases and a commission equal to 4.50% on Class
B share purchases, through January 31, 1998.
This Revised Supplement is Dated Jan. 2, 1998
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