24F-2NT/A

                  U.S SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                                FORM 24F-2
                     Annual Notice of Securities Sold
                          Pursuant to Rule 24f-2

          Read instructions at end of Form before Preparing Form.
                           Please print or type.

1.   Name and address of issuer:

     Harris Associates Investment Trust
     Two North LaSalle Street Suite 500
     Chicago, Illinois 60602-3790

2.   Name of each series or class of funds for which this notice
     is filed:

     The Oakmark Fund
     The Oakmark International Fund

3.   Investment Company Act File Number: 811-06279
     Securities Act File Number: 33-38953

4.   Last day of fiscal year for which this notice is filed: 

     October 31, 1995

5.   Check box if this notice is being filed more than 180 days
     after the close of the issuer's fiscal year for purposes of
     reporting securities sold after the close of the fiscal year
     but before termination of the issuer's 24f-2 declaration:[ ]

     not applicable

6.   Date of termination of issuer's declaration under rule 24f-
     2(a)(1), if applicable (see instruction A.6): not applicable

7.   Number and amount of securities of the same class or series
     which had been registered under the Securities Act of 1933
     other than pursuant to rule 24f-2 in a prior fiscal year,
     but which remained unsold at the beginning of the fiscal
     year:  not applicable

8.   Number and amount of securities registered during the fiscal
     year other than pursuant to rule 24f-2: not applicable

9.   Number and aggregate sale price of securities sold during
     the fiscal year:
                         Shares              Dollars        
Oakmark Fund             58,825,852.325      $1,490,848,212.39
Oakmark International    30,534,240.872         393,910,862.21



10.  Number and aggregate sale price of securities sold during
     the fiscal year in reliance upon registration pursuant to
     rule 24f-2:
     
     All shares in item 9 were sold in reliance upon registration
     under Rule 24f-2.

11.  Number and aggregate sale price of securities issued during
     the fiscal year in connection with dividend reinvestment
     plans, if applicable (see Instruction B.7):

     Item 9 includes dividend reinvestment plans.

12.  Calculation of registration fee:

(i)  Aggregate sale price of securities 
     sold during the fiscal year in
     reliance on rule 24f-2 (from Item 10):  $1,884,759,074.60

(ii) Aggregate price of shares issued in
     connection with dividend reinvestment
     plans (from Item 11, if applicable):    + not applicable

(iii)Aggregate price of share redeemed or
     repurchased during the fiscal year
     (if applicable):                        -1,384,492,087.72

(iv) Aggregate price of shares redeemed or 
     repurchased and previously applied
     as a reduction to filing fees pursuant
     to rule 24e-2 (if applicable):          + not applicable

(v)  Net aggregate price of securities sold
     and issued during the fiscal year in
     reliance on rule 24f-2 [line (i) plus
     line (ii), less line (iii), plus line
     (iv)] (if applicable):                     500,266,986.88

(vi) Multiplier prescribed by Section 6(b) 
     of the Securities Act of 1933 or other
     applicable law or regulation (see
     instruction C.6):                       x .002

(vii)Fee due [line (i) or line (v)
      multiplied by line (vi)]:              $      100,053.40   
                              

Instruction:   Issuers should complete lines (ii), (iii), (iv)
and (v) only if the form is being filed within 60 days after the
close of the issuer's fiscal year.  See Instruction C.3.






13.  Check box if fees are being remitted to the Commission's
     lockbox depository as described in section 3a of the
     Commission's Rules of Informal and Other Procedures (17 CFR
     202-3a).   [  ]

     Date of mailing or wire transfer of filing fees to the
     Commission's Lockbox depository:   November 16, 1995
     



                                SIGNATURES

This report has been signed below by the following persons on
behalf of the issuer and in the capacities and on the date
indicated.

By (Signature and Title)*     /s/Donald Terao        
                              Donald Terao, Treasurer

Date:     November 16, 1995

*Please print the name and title of the signing officer below the
signature

EX-5

                             BELL BOYD & LLOYD
                        THREE FIRST NATIONAL PLAZA
                    70 WEST MADISON STREET, SUITE 3300
                       CHICAGO, ILLINOIS 60602-4207

                             November 16, 1995

Harris Associates Investment Trust
Two North La Salle Street
Chicago, Illinois 60602-3703

Ladies and Gentlemen:

                             Rule 24f-2 Notice

     We have represented Harris Associates Investment Trust, a
Massachusetts business trust (Trust), in connection with the
filing with the Securities and Exchange Commission of the Trust's
Rule 24f-2 Notice for the fiscal year ended October 31, 1995
pursuant to Rule 24f-2 under the Investment Company Act of 1940
(Rule 24f-2).  In this connection, we have examined originals, or
copies certified or otherwise identified to our satisfaction, of
such documents, corporate or other records, certificates and
other papers as we deem it necessary to examine for the purpose
of this opinion, including the agreement and declaration of trust
and bylaws of the Trust and resolutions of its board of trustees
authorizing the issuance of shares.

     Base upon the foregoing examination, we are of the opinion
that the following shares of beneficial interest, no par value,
of the Trust sold during the 1995 fiscal year in reliance upon
registration pursuant to rule 24f-2 were legally issued, fully
paid and nonassessable (although shareholders of the Trust may be
subject to liability under certain circumstances as describe in
the prospectus of the Trust included in its registration
statement on form N-1A):

                                             Shares Sold Pursuant
                                                 to Rule 24f-2   
     The Oakmark Fund                             58,825,852
     The Oakmark International Fund               30,534,241

     We consent to the filing of this opinion with the Trust's
Rule 24f-2 Notice.  In giving this consent, we do not admit that
we are in the category of persons whose consent is required under
Section 7 of the Securities Act of 1933.

                              Very truly yours,

                              /s/Bell, Boyd & Lloyd