INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF-Industrial Income Portfolio
INVESCO VIF-Health Sciences Portfolio
INVESCO VIF-Small Company Growth Portfolio
INVESCO VIF-Total Return Portfolio
INVESCO VIF-Technology Portfolio
INVESCO VIF-High Yield Portfolio
INVESCO VIF-Utilities Portfolio
INVESCO VIF-Dynamics Portfolio
Supplement to Prospectus dated December 9, 1996
A. The Section of the INVESCO Variable Investment Funds, Inc.
Prospectus entitled "Management" is amended to delete the
first paragraph in its entirety.
B. The Section of the INVESCO Variable Investment Funds, Inc.
Prospectus entitled "Management" is amended to (1) delete the
third 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, INVESCO Trust Company and
INVESCO Capital Management, Inc. 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.
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INVESCO VARIABLE INVESTMENT FUNDS, INC.
Supplement to Statement of Additional Information
dated December 9, 1996
The Section of the INVESCO Variable Investment Funds, Inc. Statement of
Additional Information entitled "Management" is amended to (1) delete the fourth
and fifth paragraphs and (2) substitute the following new paragraphs in their
place:
INVESCO is an indirect wholly owned subsidiary of AMVESCO PLC, 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 with approximately $165 billion in assets under
management. 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 was established in 1932 and as of August
31, 1996, managed 14 mutual funds, consisting of 39 separate portfolios,
on behalf of over 827,000 shareholders. AMVESCO PLC's other North American
subsidiaries include the following:
--INVESCO Capital Management, Inc. of Atlanta, Georgia,
manages institutional investment portfolios, consisting
primarily of discretionary employee benefit plans for
corporations and state and local governments, and endowment
funds. INVESCO Capital Management, Inc. is the sole
shareholder of INVESCO Services, Inc., a registered broker-
dealer whose primary business is the distribution of shares
of two registered investment companies.
--INVESCO Management & Research, Inc. of Boston,
Massachusetts, primarily manages pension and endowment
accounts.
--PRIMCO Capital Management, Inc. of Louisville,
Kentucky, specializes in managing stable return investments,
principally on behalf of Section 401(k) retirement plans.
--INVESCO Realty Advisors of Dallas, Texas, is
responsible for providing advisory services in the U.S. real
estate markets for AMVESCO PLC's clients worldwide. Clients
include corporate pension plans and public pension funds as
well as endowment and foundation accounts.
<PAGE>
--A I M Advisors, Inc. of Houston, Texas provides investment
advisory and administrative services for retail and institutional mutual
funds.
--A I M Capital Management, Inc. of Houston, Texas provides
investment advisory services to individuals, corporations, pension plans
and other private investment advisory accounts and also serves as a sub-
advisor to certain retail and institutional mutual funds, one Canadian
mutual fund and one portfolio of an open-end registered investment company
that is offered to separate accounts of variable insurance companies.
--A I M Distributors, Inc. and Fund Management Company of Houston,
Texas are registered broker-dealers that act as the principal underwriters
for retail and institutional mutual funds.
The corporate headquarters of AMVESCO PLC are located at 11
Devonshire Square, London, EC2M 4YR, England.
This supplement is dated March 31, 1997.
