VALUE LINE CENTURION FUND INC
497J, 1996-05-01
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                                  [Letterhead]








                                        May 1, 1996



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

          Re:  Value Line Centurion Fund, Inc.
               File #2-86337;  811-3835
               Rule 497(j)
               ----------------------------------------

Dear Sir/Madam:

     On behalf of the Registrant, the undersigned certifies that the form of
Prospectus and Statement of Additional Information that would have been filed
under Section 497(c) would not have differed from those contained in the text of
the Registrant's most recent post-effective amendment to its registration
statement that was filed electronically via Edgar with the Securities and
Exchange Commission.

                                        Very truly yours,

                                        /s/ Peter D. Lowenstein

                                        Peter D. Lowenstein
                                        Legal Counsel




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