SUPPLEMENT
TO THE
PROSPECTUS
DATED MAY 1, 2000
FOR
PERSPECTIVE ADVANTAGE FIXED AND VARIABLE ANNUITY
JACKSON NATIONAL SEPARATE ACCOUNT V
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, the JNL/S&P Moderate Growth Series and the JNL/S&P Aggressive
Growth Series.
This Supplement is dated September 1, 2000.
(To be used with VC3723 Rev. 05/00)
