NWNL SELECT VARIABLE ACCOUNT, 497, 1999-08-05

NWNL SELECT VARIABLE ACCOUNT
497, 1999-08-05

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                               SELECT*ANNUITY III

                         SUPPLEMENT TO PROSPECTUS DATED
                                 APRIL 30, 1999

As of September 1, 1999, you have expanded access to Sub-Account investment
options under the Variable Account. In the prospectus, we state that there are
currently 29 Sub-Account investment options available under the Variable
Account. Until now, however, you were limited to allocating money to a maximum
of 17 Sub-Accounts over the lifetime of your Contract.

Effective September 1, 1999, this limitation has been eliminated, and you have
the capability of allocating money to all currently available Sub-Account
investment options. This feature is available for new and existing Contracts.

SEPTEMBER 1, 1999

               PLEASE INCLUDE THIS SUPPLEMENT WITH YOUR PROSPECTUS