WELLS FARGO VARIABLE TRUST
Growth Fund
Single Class
Supplement dated September 29, 2000 to the
Prospectuses dated May 1, 2000
Effective October 1, 2000, Stephen Biggs is responsible as a portfolio
manager for the day-to-day management of the Growth Fund.
Mr. Biggs joined Wells Capital Management Incorporated ("WCM") in June
1998 as an Equity Analyst on the Core Equity Team and became a Senior
Equity Analyst in August 1999, performing independent security
analysis, developing earnings models, and preparing industry outlooks
for use in portfolio management. Prior to joining WCM, Mr. Biggs was an
Equity Analyst since April 1997 with the State of Montana Board of
Investments, where he was responsible for analysis supporting the $2
billion equity portion of the state employee retirement fund. From
December 1995 through March 1997, he was an equities Analyst for
Sentinel Asset Management. Mr. Biggs received his BS in Business in
1993 and his MS in Business in 1996, both from San Diego State
University. He is a Chartered Financial Analyst, and a member of AIMR,
Security Analysts of San Francisco.
