File No. 33-11351
                                               Rule No. 497(e)


                    STEINROE INVESTMENT TRUST
                   SteinRoe International Fund

          Supplement to Prospectus dated February 1, 1995

     Bruno Bertocci and David P. Harris are co-portfolio managers 
of SteinRoe International Fund.  Effective January 1, 1996, in 
addition to being officers of Stein Roe & Farnham Incorporated, 
the Fund's investment adviser, they are also employees of Colonial 
Management Associates, Inc.  Stein Roe & Farnham and Colonial 
Management Associates are subsidiaries of Liberty Financial 
Companies, Inc.


            The Date of this Supplement is January 2, 1996



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