WILLIAMSBURG INVESTMENT TRUST
497, 1996-08-01
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                                                        August 1, 1996






                     THE JAMESTOWN INTERNATIONAL EQUITY FUND
                  SUPPLEMENT TO PROSPECTUS DATED APRIL 1, 1996

         The section "How to Purchase Shares -- Bank Wire Orders" on page 9 of
the Prospectus has been replaced with the following:

BANK WIRE ORDERS. Investments can be made directly by bank wire. To establish a
new account or add to an existing account by wire, please call the Fund at
1-800-443-4249 before wiring funds to advise the Fund of the investment, the
dollar amount and the account registration. This will ensure prompt and accurate
handling of your investment. Please have your bank use the following wiring
instructions to purchase by wire:

         Star Bank, N.A.
         Cinti/Trust
         ABA# 042000013
         For Williamsburg Investment Trust #485777056
         For The Jamestown International Equity Fund
         FCC: (Shareholder name and account number or
          tax identification number)

It is important that the wire contain all the information and that the Fund
receives prior telephone notification to ensure proper credit. Once your wire is
sent you should, as soon as possible thereafter, complete and mail your Account
Application to the Fund as described under "Regular Mail Orders."

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