STEIN ROE INVESTMENT TRUST
497, 1999-09-30
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                                             File No. 33-11351
                                             Rule 497(e)


                  Stein Roe Asia Pacific Fund
             a series of Stein Roe Investment Trust

            Supplement to October 19, 1998 Prospectus
                    ________________________


Effective Sept. 30, 1999, John M. Mussey is no longer a co-
portfolio manager of Stein Roe Asia Pacific Fund.  Thomas R.
Tuttle, Christopher Legallet, and David Smith are the portfolio
managers of the Fund.

             This Supplement is Dated Sept. 30, 1999





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