WELLS FARGO VARIABLE TRUST
497J, 1999-11-01
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                           WELLS FARGO VARIABLE TRUST

                                Equity Value Fund

                Class A, Class B, Class C and Institutional Class

                    Supplement dated November 1, 1999 to the
                         Prospectuses dated May 1, 1999
                                       and
                    Supplement dated November 1, 1999 to the
                     Statement of Additional Information for
                Class A, Class B, Class C and Institutional Class
                                dated May 1, 1999



         Effective October 22, 1999, Rex Wardlaw no longer serves as a portfolio
         manager for the  dat-to-day  management  of the Equity  Value Fund (the
         "Fund"). The Fund continues to be managed by Allen Wisneiwski and Gregg
         Giboney.






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