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SUPPLEMENT TO THE PROSPECTUS OF
DEAN WITTER VARIABLE INVESTMENT SERIES
DATED MAY 1, 1997
The tenth paragraph under the heading "The Fund and its Management"
appearing on page 14 of the Prospectus is hereby amended to read as follows:
The INCOME BUILDER PORTFOLIO and the CAPITAL APPRECIATION
PORTFOLIO commenced operations on January 21, 1997. The
Investment Manager has undertaken to assume all expenses of each
of these Portfolios (except for any brokerage fees) and waive
the compensation provided for each of these Portfolios in its
Management Agreement with the Fund until such time as the
pertinent Portfolio has $50 million of net assets or until July
31, 1998, whichever occurs first.
July 21, 1997
