Rule 497(e)
File No. 333-44839
Maxim Series Account
The AICPA Variable Annuity
of
Great-West Life & Annuity Insurance Company
Supplement effective July 26, 1999 to
the May 1, 1999 Prospectus
On Page 11of the prospectus, please delete the disclosures regarding the Maxim
Growth Index Portfolio and replace with the following:
o Maxim Value Index Portfolio seeks to provide investment results, before
fees, that track the total return of the common stocks that comprise the
S&P/Barra Value Index.1
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1 Standard & Poor's and Barra are not sponsors of, or in any other way
affiliated with, the Maxim Growth Index Portfolio or Maxim Series Fund.
