RYDEX ADVISOR VARIABLE ANNUITY ACCOUNT
497, 1998-05-06
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                     Rydex Advisor Variable Annuity Account
                            6116 Executive Boulevard
                                    Suite 400
                            Rockville, Maryland 20852

                                   May 6, 1998


VIA EDGAR TRANSMISSION

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.   20549

         Re:      Rydex Advisor Variable Annuity Account
                  Certification Pursuant to Rule 497(j) under
                     the Securities Act of 1933
                  File Nos.  333-03093 and 811-07615

Ladies and Gentlemen:

         In lieu of filing the forms of  Prospectus  and Statement of Additional
Information  for the Rydex  Advisor  Variable  Annuity  Account  (the  "Separate
Account")  pursuant to  paragraph  (c) of Rule 497 under the  Securities  Act of
1933, as amended (the "1933 Act"), the Separate Account certifies that:

          i.   the  forms  of  the   Prospectus   and  Statement  of  Additional
               Information  that would have been filed  under  paragraph  (c) of
               Rule 497 under the 1933 Act do not differ from those forms of the
               Prospectus and Statement of Additional  Information  contained in
               Post-  Effective  Amendment  No.  7  to  the  Separate  Account's
               registration statement on Form N- 3, the most recent amendment to
               the Separate Account's registration statement; and

          ii.  the  text  of  Post-Effective  Amendment  No.  7 to the  Separate
               Account's  registration statement on Form N-3 has been filed with
               the Securities and Exchange  Commission  electronically via EDGAR
               transmission on April 30, 1998.



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         If you  should  have any  questions  regarding  the  foregoing,  please
contact the undersigned at (301) 468-8520.

                                       Rydex Advisor Variable Annuity Account
                                       (Registrant)

                                       By:/s/ Albert P. Viragh, Jr.
                                          Albert P. Viragh, Jr., Chairman





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