SUPPLEMENT
TO THE
PROSPECTUS
DATED MAY 1, 2000
FOR
PERSPECTIVE ADVANTAGE FIXED AND VARIABLE ANNUITYSM
JACKSON NATIONAL(R) SEPARATE ACCOUNT V
The first sentence of the section labeled "EXAMPLES" on page 5 should be
replaced in its entirety with the following sentence:
EXAMPLES. You would pay the following expenses on a $1,000 investment,
assuming a 5% annual return on assets:
(a) if you do not surrender your contract or if you begin
receiving income payments from your contract after
the first year;
(b) if you surrender your contract at the end of each
time period.
This Supplement is dated August 28, 2000.
(To be used with VC3723 Rev. 05/00.)
V3963 08/00
