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As filed pursuant to Rule 497(e)
under the Securities Act of 1940
Registration No. 33-47473
ANCHOR NATIONAL LIFE INSURANCE COMPANY
VARIABLE SEPARATE ACCOUNT
(Portion Relating to the POLARIS Variable Annuity)
SUPPLEMENT TO THE POLARIS PROSPECTUS
Dated May 1, 2000
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Effective December 29, 2000, the Cash Management Portfolio manager changed from
SunAmerica Asset Management Inc. to Banc of America Capital Management Inc. This
change will not result in any modifications to the portfolio's principal
investment goal or fundamental investment policies. All references in the
Prospectus and the Statement of Additional Information to the Cash Management
Portfolio manager shall be changed to Banc of America Capital Management Inc.
Furthermore, the Investment Management fees will be unchanged at .53% of average
net assets after reimbursement or waiver of expenses for the Trust's fiscal year
ended January 31, 2000.
Date: December 29, 2000
Please keep this Supplement with your Prospectus.
