File No. 002-77283
Rule 497(j)
Penn Mutual Variable Annuity Account III
The Penn Mutual Life Insurance Company
Statement of Certification
Pursuant to Rule 497(j) under the Securities Act of 1933, as
amended
The Registrant hereby certifies that the forms of prospectuses and
statement of additional information that would have been filed
under Paragraph (c) of Rule 497 under the Securities Act of 1933,
as amended, would not have differed from the prospectuses and
statement of additional information incorporated by reference in
Post-Effective Amendment No. 23 to its Registration Statement on
Form N-4 (File No. 002-77283), which was filed electronically on
July 31, 1997 (Accession No. 0000918507-97-000087).
PENN MUTUAL VARIABLE ANNUITY ACCOUNT III
BY: THE PENN MUTUAL LIFE INSURANCE COMPANY
BY: /s/ Richard F. Plush
Richard F. Plush
Vice President
Date: August 20, 1997
1 <PAGE>
<PAGE>
