<PAGE> 1
Rules 424(b)(3) and 424(c)
File No. 333-15413
INTERNATIONAL ALLIANCE SERVICES, INC.
PROSPECTUS SUPPLEMENT
TO PROSPECTUS DATED JANUARY 22, 1997
International Alliance Services, Inc. (the "Company") has prepared this
Prospectus Supplement in order to reflect certain transfers and sales of Common
Stock by certain Selling Stockholders of the Company, the table of Selling
Stockholders in the Selling Stockholders Section of the Prospectus is hereby
supplemented as follows:
<TABLE>
<CAPTION>
SHARES TO BE
SHARES OFFERED OWNERSHIP
BENEFICIALLY FOR THE SELLING AFTER
OWNED PRIOR TO STOCKHOLDER'S THE
SELLING STOCKHOLDER THE OFERING ACCOUNT OFFERING
- ------------------------------------- ----------------- ----------------- ---------------------------
Number Percent
of of
Shares Class
---------- ---------
<S> <C> <C> <C> <C>
Alliance Global ENV. Fund Inc. 300,000(1)(2) 300,000(1) - 0 - *
Berkley Technology Investments Ltd. 1,370,000(3) 85,000(3) 1,205,000 3.2%
Lant & Co. 300,000 300,000 - 0 - *
Sophia Management Ltd.(4) 5,825,000 2,244,000 3,581,000 9.5%
</TABLE>
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(1) Includes 300,000 shares issuable upon exercise of outstanding warrants.
(2) These shares are beneficially owned by Alliance Capital Management L.P.,
which is not affiliated with Alliance Holding Corporation.
(3) Includes 85,000 shares issuable upon exercise of outstanding warrants.
(4) Mssrs. Joseph E. LoConti, Craig L. Stout, Edward F. Feighan and Gregory
J. Skoda, each of whom is an officer of the Company, are managers of
Sophia Management Ltd.
The date of this Prospectus Supplement is August 18, 1997.
