SUPPLEMENT TO PROSPECTUS DATED MAY 3, 1999 AND REVISED EFFECTIVE OCTOBER 18,
1999 SUPPLEMENT DATED JANUARY 3, 2000
This Supplement should be retained with the current Prospectus for your variable
annuity contract issued by American Skandia Life Assurance Corporation
("American Skandia"). If you do not have a current prospectus, please contact
American Skandia at 1-800-SKANDIA.
SUB-ACCOUNT CLOSING
AST JANUS SMALL-CAP GROWTH PORTFOLIO/SUB-ACCOUNT
American Skandia Trust is closing the AST Janus Small-Cap Growth portfolio to
new allocations effective on the close of business, January 18, 2000. Except as
indicated below, the AST Janus Small-Cap Growth portfolio will no longer be
offered as a Sub-account under Annuities issued after January 18, 2000.
Contracts issued on or before January 18, 2000 will not be allowed to allocate
additional Account Value or make transfers into the AST Janus Small-Cap Growth
Sub-account. Contracts issued after January 18, 2000 on applications received by
American Skandia on or before January 18, 2000 will be allowed to make an
initial allocation to the AST Janus Small-Cap Growth Sub-account if elected on
the application but will not be allowed to make additional allocations. Bank
drafting, dollar cost averaging, asset allocation and rebalancing programs that
were effective on or before January 18, 2000 and included the AST Janus
Small-Cap Growth Sub-account will be allowed to continue. However, no changes
involving the AST Janus Small-Cap Growth Sub-account may be made to such
programs.
The Portfolio may be offered to new and existing Contract Owners as a
Sub-account at some future date. However, at the present time, American Skandia
has no intention to do so.
WFV2/WFVASL/WFVXTC-SUPP. (01/03/2000)R
