HANCOCK JOHN INVESTMENT TRUST III
497, 2000-01-14
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              Supplement to the Statement of Additional Information


The following "Waiver of Contingent Deferred Sales Charge" has been added:

*        Redemptions of Class A shares made after one year from the inception
         date of a retirement plan at JohnHancock for which John Hancock is the
         recordkeeper.





1/10/00




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