File No. 33-11351
Rule 497(e)
STEIN ROE INVESTMENT TRUST
Supplement to Feb. 1, 1999 Prospectus
_______________________________
STEIN ROE DISCIPLINED STOCK FUND (FORMERLY NAMED STEIN ROE SPECIAL
FUND)
Jeffrey C. Kinzel has been named co-portfolio manager of Stein Roe
Disciplined Stock Fund and SR&F Disciplined Stock Portfolio. Mr.
Kinzel has been associate portfolio manager of SR&F Growth &
Income Portfolio since its inception in 1997 and of Stein Roe
Growth & Income Fund since 1996. Since joining Stein Roe in 1991,
Mr. Kinzel has served as a senior equity analyst and core
portfolio team member for Stein Roe in addition to his portfolio
management responsibilities. He is a senior vice president of
Stein Roe. A certified financial analyst, he holds a bachelor's
degree from Northwestern University, a law degree from the
University of Michigan, and a master's degree in business
administration from the Wharton School of the University of
Pennsylvania.
STEIN ROE MIDCAP GROWTH FUND (FORMERLY NAMED STEIN ROE GROWTH
OPPORTUNITIES FUND) AND STEIN ROE CAPITAL OPPORTUNITIES FUND
Steve D. Hayward has been named the portfolio manager of Stein Roe
Midcap Growth Fund and co-portfolio manager of Stein Roe Capital
Opportunities Fund. Mr. Hayward joined Stein Roe as a portfolio
manager in November 1999. He served as vice president,
investments for M & I Investment Management from 1993 to 1999,
where he managed the Marshall Mid-Cap Fund and Marshall Small-Cap
Growth Fund. Mr. Hayward earned a B.A. degree from North Park
College and a M.B.A. degree in finance from Loyola University.
This Supplement is Dated November 30, 1999
<PAGE>
STEIN ROE INVESTMENT TRUST
Stein Roe Disciplined Stock Fund
(formerly named Stein Roe Special Fund)
Supplement to February 25, 1999 Defined Contribution
Plans Prospectus
_______________________________
Jeffrey C. Kinzel has been named co-portfolio manager of Stein Roe
Disciplined Stock Fund and SR&F Disciplined Stock Portfolio. Mr.
Kinzel has been associate portfolio manager of SR&F Growth &
Income Portfolio since its inception in 1997 and of Stein Roe
Growth & Income Fund since 1996. Since joining Stein Roe in 1991,
Mr. Kinzel has served as a senior equity analyst and core
portfolio team member for Stein Roe in addition to his portfolio
management responsibilities. He is a senior vice president of
Stein Roe. A certified financial analyst, he holds a bachelor's
degree from Northwestern University, a law degree from the
University of Michigan, and a master's degree in business
administration from the Wharton School of the University of
Pennsylvania.
This Supplement is Dated November 30, 1999
<PAGE>
STEIN ROE INVESTMENT TRUST
Stein Roe Midcap Growth Fund (formerly named
Stein Roe Growth Opportunities Fund)
Supplement to February 25, 1999 Defined Contribution
Plans Prospectus
_______________________________
Steve D. Hayward has been named the portfolio manager of Stein Roe
Midcap Growth Fund and co-portfolio manager of Stein Roe Capital
Opportunities Fund. Mr. Hayward joined Stein Roe as a portfolio
manager in November 1999. He served as vice president,
investments for M & I Investment Management from 1993 to 1999,
where he managed the Marshall Mid-Cap Fund and Marshall Small-Cap
Growth Fund. Mr. Hayward earned a B.A. degree from North Park
College and a M.B.A. degree in finance from Loyola University.
This Supplement is Dated November 30, 1999
<PAGE>
STEIN ROE INVESTMENT TRUST
Stein Roe Capital Opportunities Fund
Supplement to February 25, 1999 Defined Contribution
Plans Prospectus
_______________________________
Steve D. Hayward has been named co-portfolio manager of Stein Roe
Capital Opportunities Fund and portfolio manager of Stein Roe
Midcap Growth Fund. Mr. Hayward joined Stein Roe as a portfolio
manager in November 1999. He served as vice president,
investments for M & I Investment Management from 1993 to 1999,
where he managed the Marshall Mid-Cap Fund and Marshall Small-Cap
Growth Fund. Mr. Hayward earned a B.A. degree from North Park
College and a M.B.A. degree in finance from Loyola University.
This Supplement is Dated November 30, 1999
