INVESCO MONEY MARKET FUNDS INC
497, 1998-01-05
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                        INVESCO Money Market Funds, Inc.

              Supplement to Statement of Additional Information
                              dated October 1, 1997

The section of the above Company's Statement of Additional  Information entitled
"The  Funds and Their  Management--Sub-Advisory  Agreement"  is  amended  to (1)
delete the third  paragraph,  and (2)  substitute the following new paragraph in
its place:

          The Sub-Agreement provides that as compensation for its 
     services, INVESCO Trust shall receive from IFG, at the end 
     of each month, a fee calculated at the following annual rates:
     prior to January 1, 1998, 0.15% of each Fund's average net 
     assets; and, effective January 1, 1998, 0.1667% of the first 
     $300 million of each Fund's average net assets, 0.1333% of 
     the next $200 million of each Fund's average net assets and 
     0.10% of each Fund's average net assets in excess of $500
     million.

The date of this Supplement is December 31, 1997.





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