INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Portfolio
Supplement to above Portfolio's Prospectus
dated May 1, 1998
The section of the above Portfolio's Prospectus entitled "Management" is amended
to (1) delete the third sentence of the ninth paragraph, and (2) substitute the
following sentence in its place:
Certain Fund expenses are absorbed voluntarily by IFG pursuant to a
commitment to the Company to limit the Fund's annual expenses to no more
than 0.90% of the Fund's average net assets prior to July 6, 1998 and to no
more than 1.15% of the Fund's average net assets effective July 6, 1998.
The date of this Supplement is September 30, 1998.