INVESCO VARIABLE INVESTMENT FUNDS INC
497, 1998-11-12
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                INVESCO VARIABLE INVESTMENT FUNDS, INC.
                   INVESCO VIF - Technology Portfolio
              Supplement to Prospectuses dated May 1, 1998
                            And July 6, 1998


The section of the above Fund's Prospectus entitled "Management" is amended
to (1) delete the fifth,  sixth and seventh  paragraphs  and (2)  substitute the
following paragraphs in their place:

The Fund is managed by members of INVESCO's Sector Team, which is co-led by
Daniel B.  Leonard and John  Schroer.  The  following  individual  is  primarily
responsible for the day-to-day management of the Fund's holdings:

     Daniel  B.  Leonard  has been  portfolio  manager  of the  Portfolio  since
     November 1998,  co-portfolio manager of the Portfolio from 1996 to 1998 and
     portfolio  manager of the  Portfolio  from 1993 to 1996.  Mr.  Leonard also
     manages INVESCO Strategic Gold Portfolio and INVESCO  Strategic  Technology
     Fund and co-manages  INVESCO Strategic  Financial Services  Portfolio.  Mr.
     Leonard is also a senior vice  president of INVESCO  Funds Group,  Inc. Mr.
     Leonard was previously a senior portfolio  manager (1977- 1983;  1985-1991)
     and senior vice  president  (1975-1983;  1985-1991) of INVESCO Funds Group,
     Inc. and a vice president (1977-1983) of INVESCO Trust Company. Mr. Leonard
     received a B.A. from Washington & Lee University.

The date of this Supplement is November 2, 1998.







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