INVESCO BOND FUNDS INC
497, 1999-09-30
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                            INVESCO BOND FUNDS, INC.
                           INVESCO Select Income Fund
                             INVESCO High Yield Fund
                     INVESCO U.S. Government Securities Fund
                                (January 1, 1999)
                           INVESCO Tax-Free Bond Fund
                               (November 1, 1998)

                        INVESCO INTERNATIONAL FUNDS, INC.
                              INVESCO European Fund
                      INVESCO International Blue Chip Fund
                           INVESCO Pacific Basin Fund
                                 (March 1, 1999)

                           INVESCO SECTOR FUNDS, INC.
                               INVESCO Energy Fund
                         INVESCO Financial Services Fund
                                INVESCO Gold Fund
                          INVESCO Health Sciences Fund
                              INVESCO Leisure Fund
                       INVESCO Technology Fund - Class II
                             INVESCO Utilities Fund
                                 (March 1, 1999)

                          INVESCO SPECIALTY FUNDS, INC.
                       INVESCO Latin American Growth Fund
                               INVESCO Realty Fund
                         INVESCO Telecommunications Fund
                               (December 1, 1998)

                            INVESCO STOCK FUNDS, INC.
                          INVESCO Blue Chip Growth Fund
                              INVESCO Dynamics Fund
                              INVESCO Endeavor Fund
                          INVESCO Growth & Income Fund
                        INVESCO Small Company Growth Fund
                      INVESCO S&P 500 Index Fund - Class II
                            INVESCO Value Equity Fund
                                (August 31, 1999)

                 Supplement to Prospectuses of the Above Funds
                   Dates of which are Indicated in Parenthesis


Effective  October  1, 1999,  investors  will have the  opportunity  to open new
accounts, exchange and redeem shares of any INVESCO Fund through the INVESCO Web
site. To utilize this service,  you will need a web browser (presently  Netscape
version 1.2 or higher,  or Internet  Explorer version 2.0 or higher) and utilize
the INVESCO Web site.  INVESCO will accept Internet  purchase  instructions only
for exchanges or if the purchase price is paid to INVESCO through  debiting your
bank account,  and any Internet cash  redemptions  will be paid only to the same
bank account  from which the payment to INVESCO  originated.  INVESCO  imposes a
limit of $25,000 on Internet purchase and redemption transactions. Other minimum
transaction  amounts are discussed in the  Prospectuses  for each Fund.  You may
also download an application  to open an account from the Web site,  complete it
by hand, and mail it to INVESCO, along with a check.

INVESCO employs reasonable  procedures to confirm that transactions entered into
over the Internet are genuine.  These procedures include the use of alphanumeric
passwords,  secure socket layering,  encryption and other precautions reasonably
designed to protect the integrity,  confidentiality  and security of shareholder
information.  In order to enter into a transaction  on the INVESCO Web site, you
will need an account  number,  your Social  Security  Number and an alphanumeric
password.  By entering into the user's agreement with INVESCO to open an account
through our Web site,  you lose certain  rights if someone  gives  fraudulent or
unauthorized  instructions  to INVESCO  that result in a loss to you. If INVESCO
follows these procedures,  neither INVESCO,  its affiliates nor any Fund will be
liable for any loss,  liability,  cost or  expense  for  following  instructions
communicated via the Internet that are reasonably believed to be genuine or that
follow INVESCO's security procedures.

The date of this Supplement is September 30, 1999.



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