SUPPLEMENT TO THE PROSPECTUS
DATED APRIL 30, 1996
NML VARIABLE ANNUITY ACCOUNT B
SIMPLE IRA PLANS
Beginning January 1, 1997, the Back Load Contract will be offered as an
individual retirement annuity under SIMPLE IRA plans ("Savings Incentive
Match Plan for Employees of Small Employers") established pursuant to section
408(p) of the Internal Revenue Code.
The Contract will be taxed identically to an individual retirement annuity
except that during the first two years after the Owner first participates in
the SIMPLE IRA plan, non-exempt premature withdrawals from the Contract will
be subject to a penalty tax of 25% and a rollover of the Contract value to an
individual retirement annuity will be fully taxable.
The date of this Prospectus Supplement is November 1, 1996.
