PLEASE FILE THIS PROSPECTUS SUPPLEMENT WITH YOUR RECORDS.
STRONG CONSERVATIVE PORTFOLIO
STRONG MODERATE PORTFOLIO
STRONG AGGRESSIVE PORTFOLIO
Supplement to the Prospectus dated December 31, 1998
Effective immediately, the Strong Life Stage Portfolios ("Portfolios") hereby
revises the Portfolios' investment allocations in the Strong Advantage Fund and
the Strong Short-Term Bond Fund as follows:
UNDERLYING FUNDS CONSERVATIVE PORTFOLIO MODERATE PORTFOLIO
Growth Fund 10% 15%
Growth and Income Fund 10% 15%
Blue Chip 100 Fund 10% 15%
Common Stock Fund 10% 15%
Advantage Fund 20% (down from 30%) 10% (down from 15%)
Short-Term Bond Fund 30% (up from 20%) 15% (up from 10%)
Government Securities Fund 5% 10%
Heritage Money Fund 5% 5%
The date of this Prospectus Supplement is June 28, 1999.