Supplement Dated June 3, 1996 to Prospectus Dated May 1, 1996
AMERICAN DENTAL ASSOCIATION MEMBERS
RETIREMENT PROGRAM
Funded under a Group Annuity Contract with
The Equitable Life Assurance Society of the United States
This Supplement amends certain information in the prospectus dated May 1, 1996
for the American Dental Association Members Retirement Program. Capitalized
terms in this Supplement have the same meanings as in the Prospectus.
On Page 33 of the prospectus, under the section entitled, "ANNUAL
PERCENTAGE CHANGE IN FUND UNIT VALUES," the percentage change for the
Aggressive Equity Fund for the year 1995 is deleted and replaced by 40.4%.
On page 34 of the prospectus, under the section entitled, "AVERAGE ANNUAL
PERCENTAGE CHANGE IN FUND UNIT VALUES--YEARS ENDING DECEMBER 31, 1995" the
percentage changes for the Aggressive Equity Fund are deleted and replaced by
the following:
<TABLE>
<CAPTION>
AGGRESSIVE
EQUITY
------------
<S> <C>
1 Year 40.4%
2 Years 20.9
3 Years 21.8
5 Years 30.3
10 Years --
</TABLE>
On page 34 of the prospectus, under the section entitled, "GROWTH OF
$10,000 INITIAL INVESTMENT," the mountain chart entitled "AGGRESSIVE EQUITY
FUND" is deleted and replaced by the following chart:
AGGRESSIVE EQUITY
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
12/31/85 12/31/86 12/31/87 12/31/88 12/31/89 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95
$10,000 $10,380 $11,138 $14,056 $13,592 $25,390 $28,158 $34,775 $36,201 $50,826
</TABLE>
<PAGE>
SUPPLEMENT DATED JUNE 3, 1996 TO STATEMENT OF ADDITIONAL INFORMATION
DATED MAY 1, 1996
AMERICAN DENTAL ASSOCIATION MEMBERS
RETIREMENT PROGRAM
FUNDED UNDER A GROUP ANNUITY CONTRACT WITH
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
This Supplement amends certain information in the Statement of Additional
Information dated May 1, 1996 for the American Dental Association Members
Retirement Program. Capitalized terms in this Supplement have the same
meanings as in the Statement of Additional Information.
On page SAI-20, under the section entitled, "SUMMARY OF UNIT VALUES FOR
THE FUNDS," the third and fourth sentences of the first paragraph are deleted
and replaced by the following:
At the close of business on November 30, 1995, the Aggressive Equity
Fund's interest in Separate Account No. 3 (Pooled) was transferred to
Separate Account No. 200 at the Unit Value then in effect for Separate
Account No. 3 (Pooled).
On page SAI-20, under the section entitled, "SUMMARY OF UNIT VALUES FOR
THE FUNDS," the second sentence of the second paragraph is deleted and
replaced by the following:
Hypothetical Unit Values for the ADA Foreign Fund and for the Equity Index
Fund for periods prior to the availability of those Funds under the
Program were calculated by applying the Program expense charge during
those periods plus .15% in estimated other expenses to the historical
investment experience of the Templeton Foreign Fund and Separate Account
No. 2A for the ADA Foreign Fund, and to the historical investment
experience of the Seven Seas S&P 500 Index Fund (from its first full year
of operations) for the Equity Index Fund. Hypothetical Unit Values for the
Aggressive Equity Fund were calculated by applying the Program expense
charge and other expenses actually incurred by the Aggressive Equity Fund
during the time it invested in Separate Account No. 3 (Pooled) to the
historical investment performance of the MFS Emerging Growth Fund Class A
and B shares for the corresponding periods.
On page SAI-20, under the second entitled, "Unit Values of the Equity
Funds," the Unit Values under "Aggressive Equity Fund (a)" are deleted and
replaced by the following:
<TABLE>
<CAPTION>
Last Business Aggressive
Day of Equity Fund(a)
------ --------------
<S> <C>
1986 $ 8.39
1987 8.71
1988 9.34
1989 11.78
1990 11.40
1991 21.29
1992 23.61
1993 29.17
1994 30.35
1995 42.62
March 1996 45.49
</TABLE>
