PACIFIC SELECT EXEC SEPARATE ACCT PACIFIC MUTUAL LIFE INS, 497, 1997-05-19

PACIFIC SELECT EXEC SEPARATE ACCT PACIFIC MUTUAL LIFE INS
497, 1997-05-19

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                     SUPPLEMENT DATED MAY 16, 1997 TO THE
    PROSPECTUS DATED MAY 1, 1997 FOR THE PACIFIC SELECT ESTATE PRESERVER II
        LAST SURVIVOR FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE POLICIES
                       ("VARIABLE CONTRACT PROSPECTUS")
                ISSUED BY PACIFIC MUTUAL LIFE INSURANCE COMPANY

        Effective June 1, 1997, the chart shown under the Pacific Select Fund 
section of the Variable Contract Prospectus is amended to indicate that Morgan 
Stanley Asset Management Inc., is the Portfolio Manager for the International 
Portfolio.