EATON VANCE SPECIAL INVESTMENT TRUST
497, 2000-07-25
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                                   EATON VANCE
                                  INSTITUTIONAL
                            SHORT TERM TREASURY FUND

                            Supplement to Prospectus
                                dated May 1, 2000


The minimum amount for initial  investments set forth under "Purchasing  Shares"
is now $25,000.




Dated:  July 21, 2000                                                     ISTTP1


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