File No. 33-02633
Rule No. 497(e)
STEIN ROE INCOME TRUST
Bond Funds
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Stein Roe Limited Maturity Income Fund
Stein Roe Government Income Fund
Stein Roe Intermediate Bond Fund
Stein Roe Income Fund
Supplement to Prospectus dated November 1, 1995
Effective February 1, 1996, a new Special Redemption Privilege
will be available to shareholders of the Bond Funds. The Privilege
permits you to request a redemption from your Fund account by phone
and have the proceeds wired to your account at a commercial bank,
previously designated by you, that is a member of the Federal
Reserve System. The wire fee (currently $3.50 per transaction) will
be deducted from the amount wired. If you also establish the
Electronic Transfer Privilege, the bank account that you designate
for both Privileges must be the same. There is a $1,000 minimum and
a $100,000 maximum amount on each Telephone Redemption by Wire. The
Funds normally intend to pay proceeds of a Telephone Redemption by
Wire on the next business day.
The Date of this Supplement is February 1, 1996
