INVESCO SPECIALTY FUNDS INC
497, 1998-01-15
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                        INVESCO SPECIALTY FUNDS, INC.
                     INVESCO Worldwide Capital Goods Fund

               Supplement to Prospectus dated December 1, 1997


The  section  of the  above  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:

      Worldwide Capital Goods Fund: John Segner has been the portfolio manager
      of the Fund since January 1998.  Mr. Segner also manages INVESCO Energy
      Portfolio. Mr. Segner is also a vice president of INVESCO Trust Company.
      Mr. Segner was previously the managing director and principal with The 
      Mitchell Group, Inc. (1990-1997), manager of marketing development 
      (1988-1990) and manager of financial analysis (1986-1988) with First 
      Tennessee National Corporation, and a financial analyst with Amerada Hess
      Corporation (1985-1986).  Mr. Segner received an M.B.A. in Finance from 
      the University of Texas-Austin and a B.S. in Civil Engineering from the 
      University of Alabama.

The date of this Supplement is January 1, 1998.





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