Life of Virginia Series Fund, Inc.
Supplement Dated December 21, 1995 to
Prospectus Dated May 1, 1995
The section of the prospectus captioned The Portfolio Managers which is found on
page 28 is hereby amended by the addition of the following information:
Effective December 26, 1995 Mr. John G. Lagedrost, Senior
Portfolio Manager of AAI, will replace Mr. Rimas Milaitis as
the portfolio manager of the Total Return Portfolio. Mr.
Lagedrost has been employed by AAI since April 1995. Prior to
joining AAI Mr. Lagedrost was employed by The First National
Bank of Chicago ("First Chicago") from 1979 to 1995. His final
position at First Chicago was that of Vice President in the
Asset Management Group (from 1991--1995) where he was
responsible for the management of a portfolio of loans, leases
and certain private equity securities. Prior to that position,
he was Vice President in First Chicago's Mezzanine Finance
Group (1987--1990) and managed privately-placed subordinated
debt investments which contained equity features. Mr.
Lagedrost holds a B.S. degree from Marquette University and a
Masters of Management degree from Northwestern University.
