VARIABLE ANNUITY ACCOUNT ONE OF FIRST SUNAMERICA LIFE INS CO
24F-2NT, 2000-03-24
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 24F-2

Annual Notice of Securities Sold
Pursuant to Rule 24f-2
___________________________________________________________
1.   Name and address of issuer:
     First SunAmerica Life Insurance Company
     1 SunAmerica Center
     Los Angeles, California 90067-6022
___________________________________________________________
2.   Name of each series or class of securities for which this
notice is filed (If the Form is being filed for all series and
classes of securities of the issuer, check the box but do not
list series or classes):     [   ]

FS Variable Annuity Account One
____________________________________________________________
3.   Investment Company Act File Number:     811-6313

      Securities Act File Number:            33-39888
_________________________________________________________________
4(a)   Last day of fiscal year for which this notice is filed:
          December 31, 1999
________________________________________________________________
4(b)   [   ]    Check box if this Form is being filed late (i.e.,
more than 90 calendar days after the end of the issuer's fiscal
year). (See Instruction A2)

Note: If the Form is being filed late, interest must be paid on
the registration fee due.
________________________________________________________________
4(c)   [   ]    Check box if this is the last time the issuer
will be filing this Form.
________________________________________________________________
5.     Calculation of registration fee:

        (i)  Aggregate sale price of securities sold during the
fiscal year pursuant to Section 24f-2:
                                   $83,347

       (ii)  Aggregate price of securities redeemed or
repurchased during the fiscal year:

                                  $3,319,859


      (iii)  Aggregate price of securities redeemed or
repurchased during any prior fiscal year ending no earlier than
October 11, 1995 that were not previously used to reduce
Registration fees payable to the Commission:

                                          $0.00

     (iv) Total available redemption credits [add Items 5(ii) and
5(iii)]:

                                        $3,319,859

      (v)   Net sales ---- if Item 5(i) is greater than Item
5(iv) [subtract Item 5(iv) from Item 5(i)]:

                                   $0.00

     (vi)   Redemption credits available for use in future years

                                   $0.00

              ---- if Item 5(i) is less than Item 5(iv) [subtract
Item 5(iv) from Item 5(i)]:
                                   $(3,236,512)

   (vii)   Multiplier for determining registration fee (See
Instruction C9):
                                   X.000264

  (viii)    Registration fee due [multiply Item 5(v) by Item
5(vii)
              (Enter "0" if no fee is due):
                              =    $0.00

6.   Prepaid Shares

If the response to Item 5(i) was determined by deducting an
amount of securities that were registered under the Securities
Act of 1933 pursuant to rule 24e-2 as in effect before October
11, 1997, then report the amount of securities (number of shares
or other units) deducted here:     None.  If there is a number of
shares or other units that were registered pursuant to rule 24e-2
remaining unsold at the end of the fiscal year for which this
form is filed that are available for use by the issuer in future
fiscal years, then state that number here:   None .
___________________________________________________________
7.   Interest due ---- if this Form is being filed more than 90
days after the end of the issuer's fiscal year (See Instruction
D):                                +    $0.00
___________________________________________________________
8.   Total of the amount of the registration fee due plus any
interest due (line 5(viii) plus line 7):

                                =    $0.00
_____________________________________________________________
9.   Date the registration fee and any interest payment was sent
to the Commission's lockbox depository:

                                    N/A

          Method of Delivery:
                         [ ]  Wire Transfer
                         [ ]  Mail or other means
___________________________________________________________
SIGNATURES
This report has been signed below by the following persons on
behalf of the issuer and in the capacities and the dates
indicated.

By (Signature and Title)*:


/s/N. Scott Gillis
N. Scott Gillis
Senior Vice President



Date:     March 17, 2000


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