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Allmerica Investment Trust
(Supplement Effective July 1, 1999 to Prospectus dated May 1, 1999)
Effective as of the date hereof, the name of the Sub-Adviser of the Select
Emerging Markets Fund (the "Fund") has been changed from Schroder Capital
Management International Inc. to Schroder Investment Management North America
Inc. (the "Sub-Adviser"). There has been no change in the ownership or control
of the Sub-Adviser, the portfolio managers of the Fund or the Fund's investment
policies.
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The section of the chart entitled, "Name and Title of Portfolio Manager(s)",
relating to the Select Emerging Markets Fund under the section of the Prospectus
entitled, "Management of the Funds", is amended as follows:
John A. Troiano, Director, Chief Executive and Chairman of Emerging Markets
Committee
Mark Bridgeman, First Vice President
Heather F. Crighton, Director and Senior Vice President
