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Filed Pursuant to Rule 497(e)
Registration File No.: 333-76407
DAVIS VARAIABLE ACCOUNT FUND, INC.
SUPPLEMENT DATED OCTOBER 10, 2000
TO
STATEMENT OF ADDITIONAL INFORMATION
DATED MAY 1, 2000
The following information supplements and should be read in conjunction with the
Statement of Additional Information.
NOTICE OF SPECIAL MEETING
TO ALL SHAREHOLDERS OF DAVIS VARIABLE ACCOUNT FUND, INC.: Notice is hereby
given that a special meeting of shareholders of Davis Value Portfolio, Davis
Financial Portfolio, and Davis Real Estate Portfolio will be held at 3480 East
Britannia Drive, Tucson, Arizona 85706, on December 1, 2000, beginning at 11
a.m. Pacific Time for the following purposes:
1. To elect directors to hold office until their successors are duly elected
and qualified;
2. To re-approve the advisory and sub-advisory agreements with Davis Selected
Advisers, L.P., and its wholly owned subsidiary, Davis Selected Advisers -
NY, Inc.;
3. To amend each Fund's fundamental investment policies; and
4. To ratify the selection of KPMG LLP as independent accountants.
The close of business on September 8, 2000, was fixed as the record date for
determining which shareholders are entitled to notice of the meeting and any
adjournments thereof and are entitled to vote.
A proxy statement is available upon request which explains each of the proposals
in detail.
