SUPPLEMENT
TO THE
PROSPECTUS
DATED MAY 1, 2000
FOR
PERSPECTIVE ADVISORS FIXED AND VARIABLE ANNUITY
JACKSON NATIONAL SEPARATE ACCOUNT III
The JNL/Janus Global Equities Series (the 'Series') will be closed to new
contract holders as of September 1, 2000. The Series will still be available to
existing contract holders, even if the contract holder does not have a current
allocation in the Series. The Series will also be available to both new and
existing contract holders as an underlying series of the JNL/S&P Conservative
Growth Series II, the JNL/S&P Moderate Growth Series II, the JNL/S&P Aggressive
Growth Series II, the JNL/S&P Very Aggressive Growth Series II, the JNL/S&P
Equity Growth Series II and the JNL/S&P Equity Aggressive Growth Series II.
This Supplement is dated September 1, 2000.
(To be used with VC3657 Rev. 05/00)
