LINCOLN NATIONAL SOCIAL AWARENESS FUND, INC.
SUPPLEMENT DATED SEPTEMBER 30, 2000, TO THE PROSPECTUS DATED MAY 1, 2000 AS
SUPPLEMENTED MAY 1, 2000
This supplement describes certain changes to the Prospectus for Lincoln
National Social Awareness Fund, Inc. (the "fund"). Under the section titled
"Investment advisor and portfolio manager" on page SA-4, the last sentence of
the first paragraph and the entire second paragraph are completely replaced with
the following:
"Vantage's address is 2005 Market Street, Philadelphia, PA 19103.
Vantage is responsible for the day-to-day management of the
fund's securities investments. Vantage, founded in 1979, is a U.S. domestic
equity manager with over $3.6 billion in assets under management. Vantage
began managing the Fund in 1988. J. Paul Dokas, Managing Director at
Vantage has assumed responsibility for the day-to-day management of the
fund's securities investments. Prior to joining Vantage, Mr. Dokas was the
Director of Trust Investment at Bell Atlantic Corporation where he was
responsible for the investment strategies and asset allocation for more than
$10 billion in assets in the company's defined benefit and defined contribution
plans. Mr. Dokas is a Chartered Financial Analyst and a member of the
Association of Investment Management and Research. He is also a Director of
the Financial Analysts Society of Philadelphia."