<PAGE>
METROPOLITAN SERIES FUND, INC.
SUPPLEMENT DATED DECEMBER 27, 1996
TO
PROSPECTUS DATED MAY 1, 1996
This supplements the information contained in the prospectus ("Prospectus")
of Metropolitan Series Fund, Inc. ("Fund"), dated May 1, 1996. You should keep
this Supplement to the Prospectus for future reference.
The following replaces the portion of the eighth paragraph under "Management
of the Fund" that pertains to Mr. Yogg:
John T. Wilson is the portfolio manager for the Growth Portfolio and for the
equity portion of the Diversified Portfolio. Mr. WIlson is a member of the
State Street Research Equity Group's Growth Team and a Vice President of the
Firm. Mr. Wilson joined the Firm in 1996 as a portfolio manager. Before
joining State Street Research, Mr. Wilson served as a portfolio manager with
Phoenix Home Mutual Life Insurance Company. He received a B.A. from Trinity
College and an M.B.A. from Duke University. Mr. Wilson has 6 years of
investment experience.
Metropolitan Life Insurance Company
One Madison Avenue
New York, New York 10010
Attention: Retirement and Savings Center