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 9 of the prospectus, please delete the disclosures regarding the Maxim
Growth Index Portfolio and replace with the following:
o Maxim Growth Index Portfolio seeks to provide investment results, before
fees, that track the total return of the common stocks that comprise the
S&P/Barra Growth 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.