EATON VANCE SPECIAL INVESTMENT TRUST
497, 2000-08-21
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                        EATON VANCE EMERGING MARKETS FUND
                   Supplement to Prospectus dated May 1, 2000


Jacob  Rees-Mogg  has  assumed  responsibility  for  managing  Emerging  Markets
Portfolio. Mr. Rees-Moog previously co-managed the Portfolio.



August 21, 2000                                                            EMPPS

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                 EATON VANCE INSTITUTIONAL EMERGING MARKETS FUND
                   Supplement to Prospectus dated May 1, 2000


Jacob  Rees-Mogg  has  assumed  responsibility  for  managing  Emerging  Markets
Portfolio. Mr. Rees-Moog previously co-managed the Portfolio.


August 21, 2000                                                           IEMPPS


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