<PAGE> 1
MARCH 23, 1998 SUPPLEMENT TO
PROSPECTUSES DATED MAY 1, 1997
PORTFOLIO ARCHITECT
THE FOLLOWING INFORMATION SUPPLEMENTS THE PROSPECTUSES DATED MAY 1, 1997 FOR
THE TRAVELERS FUND ABD FOR VARIABLE ANNUITIES AND FOR THE TRAVELERS FUND ABD II
FOR VARIABLE ANNUITIES.
Effective March 23, 1998, five new funding options are being offered under the
Contracts. Current information relating to the Portfolios is provided below.
Additional information is contained in the accompanying fund prospectuses.
FEE TABLE INFORMATION:
<TABLE>
<CAPTION>
Total Underlying
Management Fee Other Expenses Fund Expenses
-------------- -------------- -------------
<S> <C> <C> <C>
Dreyfus Capital Appreciation Portfolio 0.75% 0.09% 0.84%
Dreyfus Small Cap Portfolio 0.75% 0.04% 0.79%
MFS Research Portfolio 0.80% 0.20% 1,2 1.00%
MFS Mid Cap Growth Portfolio 0.80% 0.20% 1,2 1.00%
Salomon Brothers Investors Fund 0.70% 0.30% 1,3 1.00%
</TABLE>
1 As of the date of this supplement, these funds had not yet commenced
operations. Therefore, the amounts set forth for "Other Expenses" are
based on estimates for the current fiscal year and will include fees for
shareholder services, administrative fees, custodial fees, legal and
accounting fees, printing costs and registration fees.
2 Expenses reflect a voluntary reimbursement arrangement by Travelers to
reimburse the Portfolios for the amount by which their aggregate expenses
exceed 1.00%. These expenses have been illustrated at a limit which the
Portfolios' adviser believes to be in line with the actual projected
expenses of the Portfolios.
3 Expenses reflect the voluntary agreement by SBAM to impose an expense cap
for the fiscal year ending December 31, 1998 on the total operating
expenses of the Fund to 1.00%. Absent such agreement, the ratio of other
expenses and total operating expenses to the Fund's average daily net
assets would be 1.91% and 2.61%, respectively.
THE EXAMPLE SHOULD NOT BE CONSIDERED A REPRESENTATION OF PAST OR FUTURE
EXPENSES. ACTUAL EXPENSES MAY BE GREATER OR LESS THAN THOSE SHOWN.
Assuming a 5% annual return on assets (and contract charge as 0.14%), a $1,000
investment would be subject to the following expenses:
<TABLE>
<CAPTION>
If the Contract is surrendered at If the Contract is NOT surrendered at the
the end of the period shown: end of the period shown, or if it is annuitized:
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1 Year 3 Years 5 Years 10 Years 1 Year 3 Years 5 Years 10 Years
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Dreyfus Capital Appreciation Portfolio $83 $120 $161 $259 $23 $70 $121 $259
Dreyfus Small Cap Portfolio 82 119 158 254 22 69 118 254
MFS Research Portfolio 84 125 169 275 24 75 129 275
MFS Mid Cap Growth Portfolio 84 125 169 275 24 75 129 275
Salomon Brothers Investors Fund 84 125 169 275 24 75 129 275
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</TABLE>
INVESTMENT OBJECTIVES AND INVESTMENT ADVISER INFORMATION
<TABLE>
<CAPTION>
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FUNDING OPTION INVESTMENT OBJECTIVE INVESTMENT ADVISER/SUBADIVSER
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Capital Appreciation Portfolio of the Seeks primarily to provide long-term The Dreyfus Corporation
Dreyfus Variable Investment Fund capital growth consistent with the Subadviser: Fayez Sarofim & Co.
preservation of capital through
investments mostly the common stocks of
domestic and foreign issuers. Current
income is a secondary investment
objective.
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Small Cap Portfolio of the Dreyfus Seeks to maximize capital appreciation. The Dreyfus Corporation
Variable Investment Fund
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MFS Research Portfolio of The Seeks to provide long-term growth of Travelers Asset Management
Travelers Series Trust capital and future income. International Corporation
("TAMIC")
Subadviser: Massachusetts
Financial Services Company
("MFS")
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MFS Mid Cap Growth Portfolio of The Seeks to obtain long-term growth of TAMIC
Travelers Series Trust capital by investing at least 65% of its Subadviser: MFS
total assets in equity securities of
companies with medium market
capitalization which the investment
adviser believes have above-average
growth potential.
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Salomon Brothers Investors Fund of the Seeks long-term growth of capital. Salomon Brothers
Salomon Brothers Variable Series Funds Current income is a secondary objective. Asset Management, Inc.
Inc.
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L-12548A 3/98
