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SHORT-TERM INVESTMENTS CO.
LIQUID ASSETS PORTFOLIO
(INSTITUTIONAL CLASS)
(PRIVATE INVESTMENT CLASS)
(CASH MANAGEMENT CLASS)
Supplement dated October 1, 1998
to the Statement of Additional Information dated December 17, 1997
The following information should be inserted within the discussion
under the heading "MANAGEMENT--Directors and Officers":
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"PREMA MATHAI-DAVIS (48) Director Chief Executive Officer, YWCA of
350 Fifth Avenue, Suite 301 the U.S.A.; Commissioner, New
New York, NY 10118 York City Department for
the Aging; and Member of the
Board of Directors, Metropolitan
Transportation Authority of New
York State.
EDWARD K. DUNN, JR. (63) Director Chairman of the Board of
2 Hopkins Plaza, 20th Floor Directors, Mercantile Mortgage
Baltimore, MD 21201 Corp; Formerly, Vice Chairman of
the Board of Directors and
President, Mercantile - Safe
Deposit & Trust Co.; and
President, Mercantile
Bankshares.
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Mr. Kroeger resigned as a Director of the Company on June 11, 1998 and on that
date became a consultant to the Company."
