Seasons Series Trust
Supplement to the Prospectus dated July 28, 1998
On August 19, 1998, SunAmerica Inc. ("SunAmerica") entered into
an agreement with American International Group, Inc. ("AIG").
Under the terms of the agreement, SunAmerica Inc. will merge with
and into AIG, and consequently, SunAmerica Asset Management Corp.
("SAAMCo"), which acts as investment adviser of Seasons Series
Trust (the "Trust"), will become a subsidiary of AIG. SAAMCo
will not change its name and no organizational changes are
currently planned which would affect services provided to the
Trust. As a result of the merger, contract owners of record as
of October 30, 1998 are being asked to submit voting instructions
for the approval of a new investment advisory and management
agreement with SAAMCo, to take effect upon consummation of the
merger, as well as certain other matters. The new agreement will
be identical to the current agreement in all respects except for
its effective date and termination date and will have no effect
on the fees or expenses payable by the Trust or its contract
owners. The merger transaction is expected to be consummated in
late 1998 or early 1999.
Dated: November 3, 1998
