INVESCO SPECIALTY FUNDS, INC.
INVESCO Worldwide Communications Fund
Supplement to Prospectus
dated December 1, 1996
The section of the Fund's Prospectus entitled "The Funds and Their Management"
is amended to (1) delete the seventh paragraph and (2) substitute the following
new paragraph in its place:
Communications Fund
Brian B. Hayward
Portfolio manager of the Fund since July 1997; portfolio manager of INVESCO
Trust Company. Mr. Hayward also manages the INVESCO Strategic Portfolios, Inc. -
Utilities Portfolio and the INVESCO VIF - Utilities Portfolio of INVESCO
Variable Investment Funds, Inc. Previously, he was a senior equity analyst for
Mississippi Valley Advisors in St. Louis, Missouri. Mr. Hayward earned a B.A. in
Mathematics and his M.A. in Economics from the University of Missouri. He began
his investment career in 1985. He is a Chartered Financial Analyst.
The date of this supplement is July 1, 1997.
