INVESCO SPECIALTY FUNDS, INC.
INVESCO Asian Growth Fund
Supplement to Prospectus dated December 1, 1997
The section of the above Fund's Prospectus entitled "The Fund And Its
Management" is amended to (1) delete the sixth, seventh and eighth paragraphs
and (2) substitute the following new paragraphs in their place:
The following individual serves as lead portfolio manager for the Fund and,
as a member of the INVESCO Asia Regional Strategies Team headed by William
Barron, is primarily responsible for determining, in accordance with the
Regional Strategies Team, the country-by-country allocation of the
portfolio's assets. For portfolio construction, the lead portfolio manager
relies on stock recommendations of the country specialists as per the
'Buylist' or model portfolio, based on the ongoing implementation and risk
control policies applicable to the portfolio:
Sam Lau
Portfolio manager of the Fund since 1998; portfolio manager for INVESCO
Asia Limited since 1994; formerly (1988-1990), investment analyst for W.I.
Carr and (1990-1994) asset manager for Barings and Morgan Guaranty Trust;
began investment career in 1988; B.S. in Computer Science and Mathematics
from the University of Illinois and M.B.A. from the Chinese University of
Hong Kong.
The date of this Supplement is July 1, 1998.
