SCHEDULE 14A INFORMATION
                 Proxy Statement Pursuant to Section 14(a)
                    of the Securities Exchange Act of 1934
                             (Amendment No.   )

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Check the appropriate box:

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[ ]  Confidential, for Use of the Commission Only (as permitted by 
     Rule 14a-6(e)(2))

[ ]  Definitive Proxy Statement

[X]  Definitive Additional Materials

[ ]  Soliciting Material Pursuant to Section 240.14a-11(c) or Section 
     240.14a-12

                           Stein Roe Investment Trust
             (Name of Registrant as Specified In Its Charter)

            ______________________________________________
(Name of Person(s) Filing Proxy Statement if other than the Registrant)

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                            STEIN
                            ROE &
                           FARNHAM
                         -----------
                         Mutual Funds


    --Your Vote Counts.  Please Return Your Proxy Today.--

June 1996

Dear Shareholder:

We value our relationship with you and are committed to 
providing the best investment management and service 
possible.  In keeping with this philosophy. I'm writing to 
you today to draw your attention to important matters being 
voted on for your Stein Roe fund.  Recently, we sent you a 
proxy asking for your vote of approval for several proposals.  
Because our records indicate that you have not yet voted, 
we've enclosed another ballot for your convenience.

The trustees of your fund have unanimously recommend that you 
approve these proposals, which relate to an expansion of your 
fund's Board of Trustees, modifications to certain of your 
fund's investment policies, and new agreements for certain of 
the Stein Roe funds  These proposals neither change the 
services Stein Roe & Farnham already provides for your fund, 
nor do they increase fees.

No matter how may shares you own, your vote is important.  
Please mark, date, sign and mail your ballot today.

As always, I thank you for investing with us.

Sincerely,

TIMOTHY K. ARMOUR
Timothy K. Armour
President



Liberty Securities Corporation, Distribution.  Member SIPC. 
6/96  G596.22

               Stein Roe & Farnham Incorporated 
    P.O. Box 804058  Chicago, IL 60680-4058  800.338.2550
                        ------------
         Liberty Securities Corporation, Distributor