INVESCO GROWTH FUNDS INC
497, 1999-04-30
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                           INVESCO GROWTH FUNDS, INC.
                          INVESCO Blue Chip Growth Fund

                       Supplement to Prospectus dated January 1, 1999

The section of the Fund's  Prospectus  entitled "The Fund And Its Management" is
amended to (1) delete the fifth  paragraph,  and (2)  substitute  the  following
paragraph in its place:

      The following  individuals  are primarily  responsible  for the day-to-day
      management of the Fund's portfolio holdings:

The section of the Fund's  Prospectus  entitled "The Fund And Its Management" is
amended to (1) delete the seventh  paragraph  and (2)  substitute  the following
paragraph in its place:

     Douglas J. McEldowney,  a Chartered  Financial Analyst and Certified Public
     Accountant,  has been  co-portfolio  manager of the Fund since April  1999.
     Mr. McEldowney is also co-portfolio  manager of INVESCO VIF - Blue Chip 
     Growth Fund. Mr. McEldowney is a vice president of INVESCO Funds Group,  
     Inc. Mr. McEldowney was previously  senior vice president and portfolio 
     manager with Bank of America Investment  Management,  Inc. (1994 to 1999),
     investment  officer and portfolio manager with SunTrust Banks,  Inc. (1992 
     to 1994), vice president of mergers and acquisitions with CNL Group,  Inc.
     (1991 to 1992) and financial  consultant with Merrill Lynch & Company, Inc.
     (1984 to 1990). Mr. McEldowney  received a BBA in Finance from the  
     University  of Kentucky and an MBA in Finance from the Crummer Graduate 
     School at Rollins College.

The section of the Fund's  Prospectus  entitled "The Fund And Its Management" is
amended to add the following paragraph after the seventh paragraph:

     Trent May and Douglas McEldowney are two members of the INVESCO Growth Team
     which is led by Timothy J. Miller.

The date of this Supplement is April 30, 1999.





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