AMERITAS VARIABLE LIFE INSURANCE CO SEPARATE ACCOUNT V
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:

           Ameritas Variable Life Insurance Company
           5900 "O" Street
           Lincoln, Nebraska  68510


2.         Name of each series or class of funds for which this Form is filed:


3.         Investment Company Act File Number:  811-4473

           Securities Act File Numbers: 33-01576; 33-01978; 33-30019; 333-14845;
           333-15585; 333-71505.


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 A.2


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 24(f):                           $ 75,842,577
                                                                    ------------
          (ii) Aggregate price of securities
               redeemed or repurchased during the
               fiscal year:                           $ 14,467,434
                                                      ------------
         (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
                                                       -----------
          (iv) Total available  redemption credits
               [add Items 5(ii) and 5(iii)]:                       -$ 14,467,434
                                                                   -------------
          (v)  Net sales -- if Item 5(i) is greater
               than Item  5(iv)  [subtract
               Item 5(iv) from Item 5(i)]:                           $61,375,143
                                                                    ------------
          (vi) Redemption  credits  available for use
               in future years ---if Item
               5(i) is less than  Item  5(iv)
               [subtract  Item  5(iv)  from Item 5(i)]:        $ 0
                                                       -----------
         (vii) Multiplier  for  determining  registration
               fee (See  Instruction  C.9):                            X .000264
                                                                     -----------
        (viii) Registration fee due [multiply Item 5(v)
               by Item 5(vii)] (enter "0" if no
               fee is due):                                          =$16,203.04
                                                                     -----------


<PAGE>



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:  ----- 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:    ---   .


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):

                                                                 +$         ----
                                                                   -------------


8.        Total of the amount of the  registration fee due plus any interest due
          [line 5(viii) plus line 7]:

                                                                 =$    16,203.04
                                                                   -------------


9.        Date the  registration  fee and any  interest  payment was sent to the
          Commission's lockbox depository: March 23, 2000

                     Method of Delivery:

                                            [x] 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 on the dates indicated.


By (Signature and Title):      /s/ Donald R. Stading
                               Donald R. Stading
                               Secretary and General Counsel

Date: March 24, 2000


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