-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TUJtfEfNrD61uM34hcMvgLF2RR7qa+v7iOAZd3SeCwVUG3khLiGeaWunGF9TIHP1
 qKLsnd8tlNVq+yRSNSls5w==

<SEC-DOCUMENT>0001047469-98-028768.txt : 19980803
<SEC-HEADER>0001047469-98-028768.hdr.sgml : 19980803
ACCESSION NUMBER:		0001047469-98-028768
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980730
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HARRIS ASSOCIATES INVESTMENT TRUST
		CENTRAL INDEX KEY:			0000872323
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-38953
		FILM NUMBER:		98673879

	BUSINESS ADDRESS:	
		STREET 1:		HARRIS ASSOCIATES LP
		STREET 2:		TWO N LASALLE ST STE 500
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602-3790
		BUSINESS PHONE:		8004769625

	MAIL ADDRESS:	
		STREET 1:		HARRIS ASSOCIATES LP
		STREET 2:		TWO NORTH LASALLE STREET STE 500
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602-3790
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>497
<TEXT>

<PAGE>
                SUPPLEMENT TO PROSPECTUS DATED JANUARY 25, 1998
                     OF HARRIS ASSOCIATES INVESTMENT TRUST
 
                          THE OAKMARK FAMILY OF FUNDS
                           REDUCED MINIMUM INVESTMENT
 
Effective August 1, 1998, the minimum initial investment in any fund has been
reduced from $1,000 to $500 for any investor who elects the Automatic Investment
Plan or the Payroll Deduction Plan.
 
                    THIS SUPPLEMENT IS DATED AUGUST 1, 1998
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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