SCUDDER
Scudder Variable Life
Investment Fund
Supplement to Prospectus
Dated May 1, 1999
Growth and Income Portfolio
The following replaces the listing of portfolio managers in the "Portfolio
management" section of the Prospectus:
Joined
Name the Responsibilities
and Title Portfolio and Background
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Kathleen T. 1994 Ms. Millard joined the Adviser in 1991 as a
Millard portfolio manager and began her investment
Lead career in 1983. Ms. Millard has 16 years of
Manager investment industry experience as a
portfolio manager specializing in value
portfolios.
Benjamin W. 1994 Mr. Thorndike joined the Adviser in 1983 as
Thorndike a portfolio manager and began his investment
Manager career in 1980.
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October 20, 1999