INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF-Industrial Income Portfolio
INVESCO VIF-Utilities Portfolio
Supplement to Prospectus dated December 9, 1996
as Supplemented March 1, 1997
The Section of the INVESCO Variable Investment Funds, Inc. Prospectus entitled
"Management" is amended to (1) delete the second paragraph, and (2) substitute
the following paragraph in its place:
INVESCO is an indirect wholly owned subsidiary of AMVESCO PLC.
AMVESCO PLC is a publicly-traded holding company that, through its
subsidiaries, engages in the business of investment management on an
international basis. INVESCO PLC changed its name to AMVESCO PLC on March
3, 1997, as part of a merger between a direct subsidiary of INVESCO PLC
and A I M Management Group Inc., thus creating one of the largest
independent investment management businesses in the world. Subject to
obtaining shareholder approval at its regular Annual Shareholder Meeting,
the board of directors of AMVESCO PLC has concluded that the corporate
name should be changed to AMVESCAP PLC effective May 8, 1997. INVESCO and
INVESCO Trust Company will continue to operate under their existing names.
AMVESCO has approximately $165 billion in assets under management. INVESCO
was established in 1932 and, as of August 31, 1996, managed 14 mutual
funds, consisting of 39 separate portfolios, with combined assets of
approximately $12.8 billion on behalf of over 827,000 shareholders.
The date of this Supplement is March 31, 1997.