STEIN ROE MUTUAL FUNDS Sensible Risks. Intelligent Investments. [service mark] June 4, 1999 BY EDGAR Attention: Filing Desk Investment Management Division Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Stein Roe Investment Trust File Nos. 33-11351, 811-4978 Gentlemen: Request for Withdrawal Pursuant to Rule 477 of the Securities Act of 1933, we would like to withdraw post-effective amendments No. 55 and No. 57 to the registration statement on Form N-1A of Stein Roe Investment Trust. The events necessitating the amendments are no longer applicable. Please withdraw (1) accession number 0000773757-99-000012, form type 485APOS, filed February 9, 1999, and (2) accession number 0000773757-99-000023, form type 485APOS, filed April 9, 1999. Please call me at (312) 368-7845 if you have any questions. Sincerely, STEIN ROE INVESTMENT TRUST HEIDI J. WALTER Heidi J. Walter Vice-President and Secretary HJW/ndp Stein Roe Mutual Funds South Wacker Drive Chicago, IL 60606- 4685 312.368.7700 Liberty Funds Distributor, Inc., Distributor