TRANSAMERICA INVESTORS INC
497, 1997-02-12
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                           Transamerica Premier Funds

                                 Investor Shares

                        Supplement Dated February 1, 1997
               to Investor Shares Prospectus Dated April 29, 1996



The following information  supplements,  and should be read in conjunction with,
the Prospectus to which this supplement is attached.

Transamerica Investors, Inc. has suspended sales of the Transamerica Premier 
Short-Intermediate Government Fund.

Existing  shareholders  may  continue  to  purchase  shares of the  Transamerica
Premier Short-Intermediate Government Fund.

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