INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF-Industrial Income Portfolio
Supplement to Prospectus dated December 9, 1996
as Supplemented March 24, 1997
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 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.
