STEINROE VARIABLE INVESTMENT TRUST
SUPPLEMENT DATED OCTOBER 7, 1998
TO
PROSPECTUS DATED MAY 1, 1998
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This supplement pertains to the Special Venture Fund,
Variable Series.
Effective October 7, 1998, the portfolio managers for Stein
Roe Special Venture Fund, Variable Series are William M. Garrison
and Steven M. Salopek. Mr. Garrison is a vice president of the
Adviser, which he joined in 1989. He has been an associate
portfolio manager of the Stein Roe Balanced Fund since 1995 and
has been an equity research analyst with the Adviser since 1993.
Mr. Salopek is also a vice president of the Adviser, which he
joined in 1996 as an analyst. Prior to joining the Adviser, Mr.
Salopek was an analyst with Banc One Investment Advisors from 1990
to 1996.
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