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[LETTERHEAD] [LOGO]
VIA EDGAR
July 30, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Re: Variable Annuity Account Five
Anchor National Life Insurance Company
File Nos. 333-08859 and 811-7727
Ladies and Gentlemen:
Pursuant to Rule 497(j), please be advised that the form of Prospectus
and Statement of Additional Information dated July 28, 1998, for Variable
Annuity Account Five (the "Separate Account") contains no changes from the
form of prospectus and statement of additional information for the Separate
Account submitted In Post-Effective Amendment No. 2 under the Securities Act
of 1933 and Amendment No. 3 under the Investment Company Act of 1940 to the
Separate Account's registration statement on Form N-4 filed with the
Securities and Exchange Commission on July 28, 1998, via EDGAR.
If you have any further questions regarding this filing, please do not
hesitate to contact me at (310) 772-6056.
Very truly yours,
/s/ MALLARY L. REZNIK
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Mallary L. Reznik
Staff Counsel
