May 10, 1996
DREYFUS VARIABLE INVESTMENT FUND
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE
FUND--TRANSFER AND DIVIDEND DISBURSING AGENT AND CUSTODIAN."
The Bank of New York, 90 Washington Street, New York, New York
10286, serves as the Fund's Custodian with respect to the International
Equity, International Value, Managed Assets and Money Market Portfolios.
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Fund's Custodian with respect to the Capital
Appreciation, Growth and Income, Quality Bond, Small Cap, Zero Coupon 2000,
Small Company Stock and Disciplined Stock Portfolios.
VIFs051096
May 10, 1996
DREYFUS VARIABLE INVESTMENT FUND
CAPITAL APPRECIATION PORTFOLIO
SUPPLEMENT TO PROSPECTUS
DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION CONTAINED IN
THE SECTION OF THE SERIES' PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND--
TRANSFER AND DIVIDEND DISBURSING AGENT AND CUSTODIAN."
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania 15258,
serves as the Series' Custodian.
112s050196
May 10, 1996
DREYFUS VARIABLE INVESTMENT FUND
QUALITY BOND PORTFOLIO
SUPPLEMENT TO PROSPECTUS
DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE SERIES' PROSPECTUS ENTITLED "MANAGEMENT OF
THE FUND--TRANSFER AND DIVIDEND DISBURSING AGENT AND CUSTODIAN."
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Series' Custodian.
120s050196
May 10, 1996
DREYFUS VARIABLE INVESTMENT FUND
SMALL CAP PORTFOLIO
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE SERIES' PROSPECTUS ENTITLED "MANAGEMENT OF
THE FUND--TRANSFER AND DIVIDEND DISBURSING AGENT AND CUSTODIAN."
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Series' Custodian.
121s051096
May 10, 1996
DREYFUS VARIABLE INVESTMENT FUND
GROWTH AND INCOME PORTFOLIO
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE SERIES' PROSPECTUS ENTITLED "MANAGEMENT OF
THE FUND--TRANSFER AND DIVIDEND DISBURSING AGENT AND CUSTODIAN."
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Series' Custodian.
108s051096
May 10, 1996
DREYFUS VARIABLE INVESTMENT FUND
ZERO COUPON 2000 PORTFOLIO
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1996
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE SERIES' PROSPECTUS ENTITLED "MANAGEMENT OF
THE FUND--TRANSFER AND DIVIDEND DISBURSING AGENT AND CUSTODIAN."
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Series' Custodian.
119s051096
DREYFUS VARIABLE INVESTMENT FUND
Supplement to Statement of Additional Information
dated May 1, 1996
The following information supersedes any contrary information
contained in the section of the Fund's Statement of Additional Information
entitled "Transfer and Dividend Disbursing Agent, Custodian, Counsel and
Independent Auditors."
The Bank of New York, 90 Washington Street, New York, New York 10286,
serves as the Fund's Custodian with respect to the International Equity,
International Value, Managed Assets and Money Market Portfolios.
Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Fund's Custodian with respect to the Capital
Appreciation, Growth and Income, Quality Bond, Small Cap, Zero Coupon
2000, Small Company Stock and Disciplined Stock Portfolios.
