TRANSAMERICA ELITE(SM)
SUPPLEMENT DATED JUNE 30, 2000 TO
PROSPECTUS DATED MAY 8, 2000
Effective June 30, 2000, the WRL Janus Global portfolio of the WRL Fund is not
available as an investment option under the Transamerica Elite variable life
insurance policy. Therefore, all references to this portfolio are deleted in the
following sections:
Page 6 - Investment Options
Page 14 - Portfolio Annual Expense Table (and footnotes (3) and (7))
Page 18 - The Portfolios
Page 65 - Rates of Return - Average Annual Total Rates of Return Table
Page 69 - Hypothetical Illustrations Based on Adjusted Historical
Portfolio Performance