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ANCHOR NATIONAL LIFE INSURANCE COMPANY
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VARIABLE ANNUITY ACCOUNT SEVEN
SUPPLEMENT TO THE POLARIS PLUS PROSPECTUS
DATED MAY 1, 2000
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Effective July 5, 2000, the name of the Utility Portfolio managed by Federated
Investment Counseling was changed to the Telecom Utility Portfolio. The name
change will not result in any modifications to the portfolio's principal
investment goal or fundamental investment policies. All references in the
Prospectus and the Statement of Additional Information to the Utility Portfolio
shall be changed to the Telecom Utility Portfolio.
The following amends the information under the heading entitled "PORTFOLIO
EXPENSES" on page 4 of the Prospectus:
SUNAMERICA SERIES TRUST
(AS A PERCENTAGE OF AVERAGE NET ASSETS AFTER REIMBURSEMENT OR WAIVER OF EXPENSES
FOR THE TRUST'S FISCAL YEAR ENDED JANUARY 31, 2000)
<TABLE>
<S> <C> <C> <C>
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TOTAL
MANAGEMENT OTHER ANNUAL
PORTFOLIO FEE EXPENSES EXPENSES
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Emerging Markets** 1.25% .65% 1.90%
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</TABLE>
** Absent recoupment of expenses by the adviser, the total annual expenses
during the last fiscal year for the "Dogs" of Wall Street Portfolio would
have been (.67%) and for the Emerging Markets Portfolio would have been
(1.77%).
Date: July 5, 2000
PLEASE KEEP THIS SUPPLEMENT WITH YOUR PROSPECTUS.
