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ALLMERICA INVESTMENT TRUST (THE "TRUST")
SUPPLEMENT EFFECTIVE NOVEMBER 30, 1998
TO
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
DATED MAY 1, 1998
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Investment Restriction No. 9 on page 6 of the SAI under the section
entitled, "INVESTMENT RESTRICTIONS", is amended to read in its entirety as
follows:
9. The Fund may invest in the securities of one or more other
investment companies, subject to the provisions of the Investment Company Act of
1940, as amended, any other applicable laws or regulations and any applicable
exemptive orders issued by the Securities and Exchange Commission.
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The following information is included in the chart on page 19 of the
SAI under the section entitled, "MANAGEMENT OF ALLMERICA INVESTMENT TRUST":
<TABLE>
<CAPTION>
<S> <C> <C>
POSITION AND OFFICES PRESENT POSITION AND PRINCIPAL
NAME ADDRESS AND AGE WITH THE TRUST OCCUPATIONS DURING THE PAST 5 Years
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P. Kevin Condron (53) Trustee President and Chief Executive Officer,
The Granite Group The Granite Group, 1/1/98- present: President,
12 E. Worcester Street Central Supply Co., 1983-1997: Director,
Worcester, MA 01604 Peoples Heritage Financial Group: Director,
Family Bank
</TABLE>
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The name, "Price Waterhouse LLP", on page 29 of the SAI under the
section entitled, "INDEPENDENT ACCOUNTANTS" is changed to
"PricewaterhouseCoopers LLP".
