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SUPPLEMENT DATED JULY 1, 1997
TO MAY 1, 1997, PROSPECTUS FOR
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK
GROUP VARIABLE ANNUITY CONTRACT
LINCOLN LIFE & ANNUITY VARIABLE ANNUITY ACCOUNT L
The following information supplements Lincoln Life's Account L Prospectus and
Statement of Additional Information ("SAI") and should be read in conjunction
with them.
On July 1, 1997, the name of the principal underwriter for the Contracts of
Lincoln Life & Annuity Variable Annuity Account L will be changed from LNC
Equity Sales Corporation to Lincoln Financial Advisors Corporation. This name
change does not effect the management or control of the corporation. All
references to the principal underwriter in the Prospectus and SAI should be
revised to reflect this change.
The following language replaces the section on page 10 of the Prospectus
currently entitled "LNC Equity Sales Corporation."
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors Corporation ("LFA"), a registered bro-
ker-dealer, is the principal underwriter of the Contracts. As
such, LFA will be offering the Contracts and performing all duties
and functions that are necessary and proper for distribution of
the Contracts. LFA has also entered into sales agreements with in-
dependent broker-dealers for the sale of the Contracts. LFA may
pay sales commissions to broker-dealers up to an amount equivalent
to 3.5% of Contributions under a Contract. LFA's principal busi-
ness address is 1300 South Clinton Street, Fort Wayne, Indiana
46802.
The section of the SAI entitled "Distribution of Contracts" should also be
revised to reflect the change of name from LNC Equity Sales Corporation to
Lincoln Financial Advisors Corporation.
NY90031
