EATON VANCE INVESTMENT TRUST
497, 1996-11-04
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                         EV CLASSIC PENNSYLVANIA LIMITED
                            MATURITY MUNICIPALS FUND

                            Supplement to Prospectus
                              dated August 1, 1996

         Under  the  section   entitled   "Management   of  the  Funds  and  the
Portfolios," the following paragraph is added:

         William  H.  Ahern is now the  portfolio  manager  of the  Pennsylvania
         Portfolio.  He is a Vice  President  of  Eaton  Vance  and has  been an
         employee since 1989.

November 1, 1996                                                       C-LPAPS



                        EV MARATHON PENNSYLVANIA LIMITED
                            MATURITY MUNICIPALS FUND

                            Supplement to Prospectus
                              dated August 1, 1996

                  William  H.  Ahern  is  now  the  portfolio   manager  of  the
Pennsylvania Portfolio. For information concerning Mr. Ahern's qualifications,
see "Management of the Funds and the Portfolios" in the Prospectus.

November 1, 1996                                                       M-LPAPS





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