INVESCO TREASURERS SERIES TRUST
497, 1997-10-08
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                       INVESCO Treasurer's Series Trust
                  Supplement to Prospectus dated May 1, 1997

The  distributor  for the Trust has changed  from INVESCO  Funds Group,  Inc. to
INVESCO  Distributors,   Inc.  effective  September  30,  1997.  Therefore,  the
reference  to the  "Distributor"  on the cover and back pages of the  Prospectus
should be changed to INVESCO  Distributors,  Inc. This change in no way affected
the manner in which distribution services are provided to the Trust.

The section of the Trust's Prospectus  entitled "Summary -- Primary  Underwriter
and Distributor" is amended to read as follows:

      Principal Underwriter and Distributor:
            INVESCO Distributors, Inc. serves as the principal underwriter of 
      the Trust and distributor of shares of the Funds.  Currently, the 
      Distributor also furnishes underwriting and distribution services to 14 
      other mutual funds consisting of 45 funds.

The section of the  Trust's  Prospectus  entitled  "The  Distributor"  is hereby
amended to read as follows:

      Prior to September 30, 1997,  INVESCO Funds Group,  Inc. ("IFG") served as
      the Trust's principal  underwriter and distributor of shares of the Funds.
      As of September 30, 1997, INVESCO Distributors,  Inc. (the "Distributor"),
      a Delaware  corporation,  serves as the Trust's principal  underwriter and
      distributor  of shares of the Funds.  The  Distributor  is a  wholly-owned
      subsidiary of IFG, an indirect,  wholly-owned  subsidiary of AMVESCAP PLC.
      The Distributor  provides  underwriting  and  distribution  services to 14
      other mutual funds  consisting of 45 funds. IFG acts as agent upon receipt
      of orders from investors. The Distributor's principal office is located at
      7800 East Union Avenue, Denver, Colorado 80237.

This supplement supersedes the supplement dated June 23, 1997.

The date of this supplement is September 29, 1997.


<PAGE>


                       INVESCO Treasurer's Series Trust
              Supplement to Statement of Additional Information
                              dated May 1, 1997

The  distributor  for the Trust has changed  from INVESCO  Funds Group,  Inc. to
INVESCO  Distributors,   Inc.  effective  September  30,  1997.  Therefore,  the
reference to the  "Distributor" on the cover page of the Statement of Additional
Information  should be changed to INVESCO  Distributors,  Inc. This change in no
way  affected  the manner in which  distribution  services  are  provided to the
Trust.

The section of the Trust's  Statement of  Additional  Information  entitled "The
Distributor" is amended to read as follows:

                               The Distributor

            Prior to September  30, 1997,  INVESCO  Funds  Group,  Inc.  ("IFG")
      served as the Trust's  principal  underwriter and distributor of shares of
      the Funds.  As of September  30, 1997,  INVESCO  Distributors,  Inc.  (the
      "Distributor"),  a Delaware  corporation,  serves as the Trust's principal
      underwriter and  distributor of shares of the Funds.  The Distributor is a
      wholly-owned  subsidiary  of IFG, an indirect  wholly-owned  subsidiary of
      AMVESCAP PLC. The  Distributor's  principal office is located at 7800 East
      Union Avenue, Denver, Colorado 80237.

This supplement supersedes the supplement dated June 23, 1997.

The date of this supplement is September 29, 1997.




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