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OHIO NATIONAL VARIABLE ACCOUNT R
OHIO NATIONAL LIFE ASSURANCE CORPORATION
SUPPLEMENT DATED OCTOBER 6, 1999 TO THE PROSPECTUS DATED MAY 1, 1999
VARI-VEST VARIABLE LIFE INSURANCE
THE YEAR 2000 ISSUE
We believe we have succeeded in remedying the "Year 2000" problem for all
mission critical computer systems and applications. Conversion testing and
implementation for legacy systems were completed by December 31, 1998, and year
2000 compliant variable life insurance processing system conversions were
installed and testing completed on August 21, 1999. Peripheral personal computer
systems have also been up-graded and tested for Year 2000 implementation. While
Ohio National Fund and its investment adviser have been assured by suppliers of
financial services (including the custodians, the transfer agent and the
accounting agent) that their systems either are already compliant or will be so
in sufficient time, internal auditors are independently testing those systems to
verify their compliance. We are also developing contingency plans to be prepared
for the possibility that one or more service providers might not be compliant.
If we, Ohio National Fund, its investment adviser or one of our service
suppliers fails to achieve timely and complete compliance, it could materially
impair our ability to conduct our business, including the ability to accurately
and timely value interests in the contracts.
