SUPPLEMENT TO THE PROSPECTUS
Dated April 30, 1996
Northwestern Mutual Series Fund, Inc.
PORTFOLIO MANAGERS
The following are new portfolio managers for several of the Portfolios,
replacing Timothy Doubek and James E. Chaney, respectively:
Jefferson V. DeAngelis, Vice President - Fixed Income of Northwestern Mutual
Life, joined Northwestern Mutual Life in 1983. Subsequently, he was a
portfolio manager for Van Kampen Merritt. Before returning to Northwestern
Mutual Life in 1992, he served as a portfolio manager for Putnam Management
Company from February of 1987 through February of 1992. He received a BA
degree from Carroll College and a MBA degree from Marquette University, and
is a Chartered Financial Analyst. Mr. DeAngelis has primary investment res-
ponsibility for the Select Bond Portfolio, the fixed income securities of the
Balanced Portfolio and various portfolios of Northwestern Mutual Life.
Marc S. Joseph, Vice President/Portfolio Manager of Templeton Investment
Counsel, Inc. ("Templeton"), joined Templeton in September of 1993.
Prior to this, Mr. Joseph served as Vice President of Pacific Financial
Research from May of 1990 through August of 1993. He holds a BS degree in
Computer Science from the College of William & Mary, an MBA from Harvard
Business School, and a JD from Harvard Law School. He has primary
responsibility for the International Equity Portfolio, and manages several
other mutual funds. Mr. Joseph also has various research responsibilities at
Templeton.
The date of this Prospectus Supplement is July 25, 1996.
