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ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA ALLIANZ LIFE VARIABLE ACCOUNT B SUPPLEMENT DATED JUNE 16, 2000 TO PROSPECTUS DATED MAY 1, 2000 The last paragraph on page 18 of the prospectus under "Bonus" is deleted in its entirety. Allianz Life has received approval of its exemptive request and will recapture any bonus amounts as described in the prospectus effective as of the date of this supplement.
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