INVESCO VARIABLE INVESTMENT FUNDS INC
497, 1997-11-05
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                     INVESCO VARIABLE INVESTMENT FUNDS, INC.

                   Supplement to Prospectus dated May 1, 1997

     The section of the above  Fund's  Prospectus  entitled  "Management--Health
Sciences  Fund" is amended to (1) delete the  section in its  entirety,  and (2)
substitute the following paragraph in its place:

          The Fund is managed by John Schroer,  a Chartered  Financial  Analyst,
     who is the  head of  INVESCO's  Health  Team.  Mr.  Schroer  has  been  the
     portfolio manager of the Fund since October 1997  (co-portfolio  manager of
     the Fund since  1994) and has  primary  responsibility  for the  day-to-day
     management  of the Fund's  portfolio  holdings.  Mr.  Schroer  also manages
     INVESCO  Strategic  Health  Sciences  Portfolio  and INVESCO  Global Health
     Sciences Fund and is a senior vice president of INVESCO Trust Company and a
     vice  president of INVESCO  Global Health  Sciences  Fund.  Mr. Schroer was
     previously an assistant  vice president with Trust Company of the West. Mr.
     Schroer   received   a   M.B.A.   and   B.S.   from   the   University   of
     Wisconsin-Madison.

The date of this Supplement is November 3, 1997.








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