DEAN WITTER VARIABLE INVESTMENT SERIES
497, 1998-01-26
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                        SUPPLEMENT TO THE PROSPECTUS OF
                     DEAN WITTER VARIABLE INVESTMENT SERIES
                               Dated May 1, 1997
 
The sentences pertaining to the INCOME BUILDER PORTFOLIO in the subsection
entitled "Portfolio Management" under the subsection entitled "General Portfolio
Techniques" in the section of the Prospectus entitled "INVESTMENT OBJECTIVES AND
POLICIES" are hereby replaced by the following:
 
          Paul D. Vance and Peter M. Avelar, Senior Vice Presidents of
          InterCapital, have been the primary portfolio co-managers of
       the INCOME BUILDER PORTFOLIO since its inception and January 1998,
       respectively, and have been portfolio managers with InterCapital
       for over five years.
 
January 23, 1998


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