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SUPPLEMENT TO THE PROSPECTUS OF
MORGAN STANLEY DEAN WITTER VARIABLE INVESTMENT SERIES
DATED MAY 1, 1998
The ninth paragraph under the heading "The Fund and its Management" appearing on
page 13 of the Prospectus is hereby amended as follows:
The CAPITAL APPRECIATION PORTFOLIO commenced operations on
January 21, 1997. The Investment Manager has undertaken to assume all
expenses of the CAPITAL APPRECIATION PORTFOLIO (except for any
brokerage fees) and waive the compensation provided for that
Portfolio in its Management Agreement with the Fund until such time
as the Portfolio has $50 million of net assets or until December 31,
1998, whichever occurs first.
September 2, 1998
