AETNA VARIABLE PORTFOLIOS, INC.
Supplement dated November 6, 1997 to the Prospectus dated May 1, 1997
The information in this Supplement updates and amends the information contained
in the Prospectus dated May 1, 1997 (the "Prospectus") and should be read with
that Prospectus.
The section of the Prospectus entitled "MANAGEMENT OF THE VARIABLE PORTFOLIOS -
Portfolio Management - Growth and Capital Appreciation" found on page 10 is
hereby amended and supplemented as follows:
Growth
Peter B. Canoni, Managing Director, Aeltus, and Kenneth H. Bragdon, Vice
President, Aeltus, are the co-managers for Growth. Mr. Canoni has managed the
Portfolio since its inception in December 1996, with Mr. Bragdon's assistance.
Mr. Bragdon became co-manager in mid-1997. Mr. Canoni has been with the Aetna
organization since 1980 and has over 26 years of experience in the investment
business. Mr. Bragdon has been with Aetna since 1978 and has 27 years of
experience in the investment business.
Capital Appreciation
Peter B. Canoni, Managing Director, Aeltus, has been managing Capital
Appreciation since its inception in December 1996. Mr. Canoni has been with the
Aetna organization since 1980 and has over 26 years of experience in the
investment business.
X.AETNA-97 November 6, 1997
