STEIN ROE INVESTMENT TRUST
AW, 1999-06-08
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                            STEIN ROE
                           MUTUAL FUNDS
                          Sensible Risks.
                      Intelligent Investments. [service mark]


                           June 7, 1999

BY EDGAR

Attention: Filing Desk
Investment Management Division
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re:  Stein Roe Investment Trust
     File Nos. 33-11351, 811-4978

Gentlemen:

                    Request for Withdrawal

Pursuant to Rule 477 of the Securities Act of 1933, we would like
to withdraw post-effective amendment No. 58 to the registration
statement on Form N-1A of Stein Roe Investment Trust.  Please
withdraw accession number 0000809558-99-000003, form type 485APOS,
filed May 6, 1999.

Please call me at (312) 368-7845 if you have any questions.

Sincerely,

STEIN ROE INVESTMENT TRUST


HEIDI J. WALTER
Heidi J. Walter
Vice-President and Secretary

HJW/ndp

Stein Roe Mutual Funds  South Wacker Drive  Chicago, IL  60606-
4685  312.368.7700
Liberty Funds Distributor, Inc., Distributor




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