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SUPPLEMENT NO. 1 dated November 21, 2000
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TO PROSPECTUS dated August 1, 2000
FOR STATE STREET RESEARCH HIGH INCOME FUND
a SERIES OF STATE STREET RESEARCH INCOME TRUST
INVESTMENT MANAGEMENT
Under the above caption on page 10 of the Prospectus, the third paragraph
is revised in its entirety to read as follows:
"Kim M. Peters has been responsible for the fund's day-to-day portfolio
management since November 2000. Mr. Peters is a senior vice president of
the firm. He has worked as an investment professional since 1986, when he
joined the firm."
HI-2871-1100
[LOGO] STATE STREET RESEARCH Control Number: (exp0801)SSR-LD
