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PORTFOLIO DIRECTOR
SEPARATE ACCOUNT A
SUPPLEMENT ISSUED JULY 12, 1999 TO PROSPECTUS
DATED MAY 1, 1999
We may, at our option, waive any otherwise applicable surrender charge if
you reinvest the surrender proceeds in another VALIC insurance product. You
will, however, be subject to a surrender charge in the newly acquired product
under the same terms and conditions as the original product. For purposes of
calculating any surrender charge due, you will be considered to have acquired
the new product as of the date you acquired the original product.
VA 9084-A
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PORTFOLIO DIRECTOR 2
SEPARATE ACCOUNT A
FOR SERIES 2.1-2.12, SERIES 2.1.20-2.12.20, AND SERIES 2.1.40-2.12.40
SUPPLEMENT ISSUED JULY 12, 1999 TO PROSPECTUS
DATED MAY 1, 1999
EXCHANGE PRIVILEGE
Contrary to information contained in the "Restrictions on Exchange
Privilege" section of this Prospectus, exchanges from Portfolio Director 2 to
Portfolio Director will be permitted.
EXCEPTIONS TO SURRENDER CHARGE
We may, at our option, waive any otherwise applicable surrender charge if
you reinvest the surrender proceeds in another VALIC insurance product. You
will, however, be subject to a surrender charge in the newly acquired product
under the same terms and conditions as the original product. For purposes of
calculating any surrender charge due, you will be considered to have acquired
the new product as of the date you acquired the original product.
VA 9875-A
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PORTFOLIO DIRECTOR PLUS
SEPARATE ACCOUNT A
FOR SERIES 1-12, SERIES 1.20-12.20, AND SERIES 1.40-12.40
SUPPLEMENT ISSUED JULY 12, 1999 TO
PROSPECTUS DATED MAY 1, 1999
MAXIMUM NUMBER OF OPTIONS
Generally, your employer's plan may select up to 30 of the 53 Variable
Account Options Portfolio Director Plus offers. However, you may be subject to
further limits on how many options you may be invested in at any one time or how
many of the options you are invested in may be involved in certain transactions
at any one time.
EXCEPTIONS TO SURRENDER CHARGE
We may, at our option, waive any otherwise applicable surrender charge if
you reinvest the surrender proceeds in another VALIC insurance product. You
will, however, be subject to a surrender charge in the newly acquired product
under the same terms and conditions as the original product. For purposes of
calculating any surrender charge due, you will be considered to have acquired
the new product as of the date you acquired the original product.
VA 10855-A
