AETNA INCOME SHARES
DEFA14A, 2000-10-13
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                                  SCHEDULE 14A
                                 (RULE 14A-101)
                     INFORMATION REQUIRED IN PROXY STATEMENT
                            SCHEDULE 14A INFORMATION
           Proxy Statement Pursuant to Section 14(a) of the Securities
                     Exchange Act of 1934 (Amendment No.__ )

Filed by the Registrant                                 X
Filed by a Party other than the Registrant
                  Check the appropriate box:

       Preliminary Proxy Statement                    Confidential, for Use of
                                                        the Commission Only
                                                        (as permitted by
                                                        Rule 14a-6(e)(2))
       Definitive Proxy Statement
  X    Definitive additional materials
       Soliciting material pursuant to Rule 14a-11(c) or Rule 14a-12

                             AETNA SERIES FUND, INC.
                         AETNA VARIABLE PORTFOLIOS, INC.
                        AETNA GENERATION PORTFOLIOS, INC.
                             AETNA BALANCED VP, INC.
                                 AETNA GET FUND
                           AETNA VARIABLE ENCORE FUND
                               AETNA INCOME SHARES
                               AETNA VARIABLE FUND
     (Name of Registrant as Specified in Its Charter/Declaration of Trust)

    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of filing fee (Check the appropriate box):

   X   No fee required.
       Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.

(1)  Title of each class of securities to which transaction applies:

(2)  Aggregate number of securities to which transaction applies:

(3)  Per unit price or other underlying value of transaction  computed  pursuant
     to Exchange  Act Rule 0-11 (Set forth the amount on which the filing fee is
     calculated and state how it was determined):

(4)  Proposed maximum aggregate value of transaction:

(5)  Total fee paid:

         Fee paid previously with preliminary materials:

         Check box if any part of the fee is offset as provided by Exchange  Act
         Rule  0-11(a)(2)  and identify the filing for which the  offsetting fee
         was paid  previously.  Identify  the  previous  filing by  registration
         statement number, or the form or schedule and the date of its filing.

(1)  Amount previously paid:

(2)  Form, Schedule or Registration Statement no.:

(3)  Filing Party:

(4)  Date Filed:



<PAGE>


            Field and Customer Service Talk Points - ING Acquisition,
                                 October 5, 2000

We've  developed  these  key  messages  for  Aetna  Financial   Services'  field
representatives  and  customer  service  representatives  to use when  answering
questions  about the status of the sale between Aetna Inc. and ING.  PLEASE KEEP
IN MIND THAT PROXY  INITIATIVES  CANNOT BE DISCUSSED WITH CUSTOMERS PRIOR TO THE
RECEIPT OF THE PROXY MATERIALS BY THE CUSTOMERS.  YOU MAY SHARE THIS INFORMATION
VERBALLY,  BUT THE  DOCUMENT  ITSELF  IS FOR  INTERNAL  USE  ONLY AND MAY NOT BE
COPIED, FAXED OR DISTRIBUTED IN WRITTEN FORM TO EXTERNAL AUDIENCES.

If you have  questions,  please contact Tracy Sherman at (860) 273-5509 or Jamie
Salafia 273-2181.

-    We announced in July that Aetna had reached a definitive  agreement to sell
     Aetna Financial Services and Aetna  International to ING Group. Our goal is
     to close the sale by the end of the year.

-    Under the federal  securities laws Aetna Financial Services was required to
     send certain customers  supplemental  information to their  prospectuses or
     regulatory   documents.   These  have  already  been  mailed  to  specified
     customers.

-    Individual  fund   shareholders  and  sponsors  or  participants  who  have
     interests in the funds through  retirement  plans may be asked to vote on a
     number of matters regarding certain funds in connection with the closing of
     the Aetna-ING transaction. Each proxy statement will explain in detail what
     they are being asked to vote on. Please remind customers THAT THE FUNDS AND
     THEIR  INVESTMENT  OBJECTIVES  WILL NOT  CHANGE AS A RESULT OF THESE  PROXY
     SOLICITATIONS. THEY WILL STILL HAVE THE SAME OWNERSHIP INTEREST IN THE SAME
     FUNDS.

-    Nothing is changing  about our  commitment  or ability to provide  valuable
     products and services to all the  customers  who rely on us every day to be
     the company that offers them smart solutions.

-    This does not impact  our  ability  or intent to meet our  contractual  and
     other obligations to our customers.

-    Once  the  sale is  complete,  we  will  be  part of one of the 15  largest
     companies  in the world (based on revenue and other key  measures)  and the
     world's second  largest life company  (based on revenues).  As part of this
     organization,  we will be able to offer  you  even  more  choices  and more
     flexibility in how you manage and work toward your life goals.


Insurance  products offered through Aetna Life Insurance and Annuity Company (or
Aetna Insurance  Company of America;  not available in NY).  Securities  offered
through Aetna Investment  Services,  Inc. or by other authorized  Broker-Dealers
who have an agreement with Aetna's principal underwriters.


<PAGE>


[Aetna Financial Services logo]
                                                        Thomas J. McInerney
                                                        President
                                                        Aetna Financial Services

October 5, 2000

Dear Aetna Financial Services Customer:

As you may have heard by now,  our parent  company,  Aetna Inc.  entered  into a
definitive  agreement  in July to sell Aetna  Financial  Services  to ING Group.
Nothing has changed or will change  about our  commitment  or ability to provide
valuable  products and services to all the customers who rely on us every day to
be the company that offers them smart  solutions.  This sale does not impact our
ability or intent to meet our contractual and other obligations to you.

As we have prepared to become part of the ING organization, it has been our goal
to maintain the same high standard of service that you have grown to expect, and
to make this move to ING as  "transparent"  as possible.  At the same time,  the
procedures  around the sale require us to provide necessary legal supplements to
prospectuses  or  regulatory  documents  and to solicit proxy votes from certain
fund shareholders.

-    Under the federal securities laws we are required to send certain customers
     supplemental information to their prospectuses or regulatory documents, and
     these have already been mailed.

-    Through your  participation  in a retirement plan, you may be asked to vote
     on a number of  matters  regarding  certain  funds in  connection  with the
     closing of the Aetna-ING transaction.  Each proxy statement will explain in
     detail  what you are being  asked to vote on.  Please keep in mind THAT THE
     FUNDS AND THEIR  INVESTMENT  OBJECTIVES  WILL NOT CHANGE AS A RESULT OF THE
     PROXY SOLICITATION. YOU WILL STILL HAVE THE SAME OWNERSHIP INTERESTS IN THE
     SAME FUNDS.

Aetna's goal is to complete the sale by year-end. I continue to be excited about
this new  relationship  between ING and Aetna Financial  Services because of the
opportunities  it  represents  for  you  and  your  family.  All of us at  Aetna
Financial  Services  appreciate your business and we are committed to continuing
our partnership with you in the years to come.

If you have any  questions,  please contact your local sales  representative  or
visit our website at aetnafinancial.com.

Sincerely,

/s/ Thomas J. McInerney
Thomas J. McInerney


Insurance  products offered through Aetna Life Insurance and Annuity Company (or
Aetna Insurance  Company of America;  not available in NY).  Securities  offered
through Aetna Investment  Services,  Inc. or by other authorized  Broker-Dealers
who have an agreement with Aetna's principal underwriters.


<PAGE>


[Aetna Financial Services logo]

                                                        Thomas J. McInerney
                                                        President
                                                        Aetna Financial Services

October 5, 2000

Dear Aetna Financial Services Customer:

Earlier  this year,  Aetna  Inc.  announced  it had  entered  into a  definitive
agreement to sell Aetna Financial Services to ING Group. Since the announcement,
we at Aetna Financial  Services have remained  focused on providing the products
and services that you want and expect from Aetna Financial Services. At the same
time, we have been doing the necessary work to make our  transition  seamless to
you.

As I said in July,  nothing  will  change  about our  commitment  or  ability to
provide valuable products and services to all the customers who rely on us every
day to be the  company  that  offers  them smart  solutions.  This sale does not
impact our ability or intent to meet our  contractual  and other  obligations to
our customers.

It has been our goal to  maintain  the same high  standard  of service  that our
customers have grown to expect, and to make this move to ING as "transparent" to
our  customers as possible.  At the same time,  the  procedures  around the sale
require us to provide  necessary legal supplements to prospectuses or regulatory
documents  and to  solicit  proxy  votes from  certain  fund  shareholders.  The
following list outlines some of our action steps:

-    Under  the  federal  securities  laws we are  required  to send to  certain
     customers  supplemental  information  to their  prospectuses  or regulatory
     documents, and these have already been mailed.

-    Through your retirement plan, you or your plan participants may be asked to
     vote on a number of matters  regarding certain funds in connection with the
     closing of the Aetna-ING transaction.  Each proxy statement will explain in
     detail  what you are being  asked to vote on.  Please keep in mind THAT THE
     FUNDS AND THEIR  INVESTMENT  OBJECTIVES  WILL NOT CHANGE AS A RESULT OF THE
     PROXY SOLICITATION.  YOU WILL STILL HAVE THE SAME OWNERSHIP INTEREST IN THE
     SAME FUNDS.

Aetna's goal is to complete the sale by  year-end.  We will  continue to provide
updates as needed on  milestones  that are  important  to you. In the  meantime,
please feel free to share the  attached  letter with your plan  participants  or
refer  them to their  local  sales  representatives,  or visit  our  website  at
aetnafinancial.com.  Thank you for allowing us the  opportunity to provide smart
solutions for you and your participants.

Sincerely,


/s/ Thomas J. McInerney
Thomas J. McInerney


Insurance  products offered through Aetna Life Insurance and Annuity Company (or
Aetna Insurance  Company of America;  not available in NY).  Securities  offered
through Aetna Investment  Services,  Inc. or by other authorized  Broker-Dealers
who have an agreement with Aetna's principal underwriters.




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