METROPOLITAN LIFE SEPARATE ACCOUNT E
497, 1998-05-04
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<PAGE>
 
Supplement to Prospectus for Metropolitan Life Separate Account E for Preference
Plus Account Group and individual Annuity Contracts dated May 1, 1998.

The following is added at the end of the second to last paragraph of the first
page:

     The Securities and Exchange Commission maintains a Web site
     (http://www.sec.gov) which you may visit that contains the Statement of
     Additional Information, material incorporated by reference, and other
     information.



May 4, 1998
<PAGE>
 
Supplement to Prospectus for Metropolitan Life Separate Account E for 
Preference Plus Account Group and Individual Annuity Contracts dated May 1, 
1998.

The following is added at the end of the second to last paragraph of the first
page:

     The Securities and Exchange Commission maintains a Web site
     (http://www.sec.gov) which you may visit that contains the Statement of
     Additional Information, material incorporated by reference, and other
     information.



May 4, 1998
<PAGE>
 
Supplement to Prospectus for Metropolitan Life Separate Account E for Enhanced 
Preference Plus Account Group Annuity Contracts dated May 1, 1998.

The following is added at the end of the second to last paragraph of the first
page:

     The Securities and Exchange Commission maintains a Web site
     (http://www.sec.gov) which you may visit that contains the Statement of
     Additional Information, material incorporated by reference, and other
     information.


May 4, 1998
<PAGE>
 
Supplement to Prospectus for Metropolitan Life Separate Account E for Enhanced
TSA, Enhanced Non-Qualified, Enhanced IRA, Enhanced PEDC and Enhanced 403(a) 
Preference Plus and Financial Freedom Group Annuity Contracts dated May 1, 1998.

The following is added at the end of the second to last paragraph of the first
page:

     The Securities and Exchange Commission maintains a Web site
     (http://www.sec.gov) which you may visit that contains the Statement of
     Additional Information, material incorporated by reference, and other
     information.


May 4, 1998                                        


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