HANCOCK JOHN INVESTMENT TRUST III
497, 1999-05-10
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             Supplement to the John Hancock Growth Funds Prospectus
                              dated March 1, 1999



On page 8, the "Portfolio  Management"  section for the John Hancock Growth Fund
has been changed as follows:


         PORTFOLIO MANAGERS

         David L. Eisenberg, CFA

         Senior vice president of adviser
         Joined team in 1999 
         Joined adviser in 1997 
         Began career in 1981


         Geoffrey R. Plume, CFA

         Second vice president of adviser 
         Joined team in 1998 
         Joined adviser in 1996 
         Began career in 1987


May 5, 1999

GR0PS  5/99



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