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File No. 333-28765
Filed under Rule 424(b)(3)
GOLDEN AMERICAN LIFE INSURANCE COMPANY
1001 Jefferson Street, Wilmington, DE 19801
Tel: (800) 366-0066
Fax: (302) 576-3430
July 17, 1998
Dear GoldenSelect Contractowner:
On December 15, 1997, we, together with The GCG Trust (the
"GCG Trust"), the Equi-Select Series Trust (the "ESS
Trust"), our affiliated insurance companies and the separate
accounts invested in the Trusts, filed an application (the
"Application") with the Securities and Exchange Commission
(the "SEC"). We are pleased to notify you that we expect
the SEC to issue an order, on or about August 12, 1998,
granting the relief requested by the Application. A notice
of the Application was published by the SEC on July 16,
1998, in anticipation of the order to be issued by them.
This order will permit separate accounts investing in the
ESS Trust Portfolios to substitute shares of certain GCG
Trust Series for shares of the ESS Trust Portfolios as
described in the current prospectuses for your variable
contract and the Trusts. See "Facts about the Company and
the Accounts, The Trusts, Proposed Trust Consolidation" in
your variable contract prospectus. The consolidation of the
ESS Trust into the GCG Trust is expected to take place after
the close of business on August 14, 1998, or as soon
thereafter as is administratively feasible. Affected
contractowners will receive confirmations after the
substitution has taken place.
After substitution, Series of the GCG Trust will continue to
be available for allocation purposes, but the Portfolios of
the ESS Trust will no longer be available.
If you have any questions regarding the substitution, please
contact Customer Service at 800-366-0066.
Golden American Life Insurance Company
Customer Service
GoldenSelect
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File No. 333-28765
Filed under Rule 424(b)(3)
Golden American Life Insurance Company
PROSPECTUS SUPPLEMENT
July 17, 1998
to the
Prospectuses dated May 1, 1998 for
Deferred Combination Variable and Fixed Annuity Contracts
(the "GoldenSelect/r/ DVA PLUS Prospectus," "GoldenSelect/r/
Premium Plus Prospectus," "GoldenSelect/r/ Access
Prospectus"
and "GoldenSelect/r/ ES II Prospectus")
and to the
Prospectus dated May 12, 1998 for
Deferred Combination Variable and Fixed Annuity Contracts
(the "GoldenSelect/r/ Premium Plus Prospectus"),
issued by Golden American Life Insurance Company
|-------------------------------------------------------------------|
| |
| On December 15, 1997, Golden American Life Insurance |
| Company ("Golden American"), together with The GCG Trust |
| (the "GCG Trust"), the Equi-Select Series Trust (the "ESS |
| Trust"), Golden American's affiliated insurance companies |
| and the separate accounts invested in the Trusts, filed an |
| application (the "Application") with the Securities and |
| Exchange Commission (the "SEC"). Golden American is pleased |
| to notify contractowners that they expect the SEC to issue |
| an order, on or about August 12, 1998, granting the relief |
| requested by the Application. A notice of the Application |
| was published by the SEC on July 16, 1998, in anticipation |
| of the order to be issued by them. This order will permit |
| separate accounts investing in the ESS Trust Portfolios to |
| substitute shares of certain GCG Trust Series for shares of |
| the ESS Trust Portfolios as described in the current |
| prospectuses for each variable contract and the Trusts. |
| See "Facts about the Company and the Accounts, The Trusts, |
| Proposed Trust Consolidation" in the variable contract |
| prospectus. The consolidation of the ESS Trust into the |
| GCG Trust is expected to take place after the close of |
| business on August 14, 1998, or as soon thereafter as is |
| administratively feasible. Affected contractowners will |
| receive confirmations after the substitution has taken |
| place. |
| |
| After substitution, Series of the GCG Trust will continue |
| to be available for allocation purposes, but the Portfolios |
| of the ESS Trust will no longer be available. |
| |
| If you have any questions regarding the substitution, |
| please contact Customer Service at 800-366-0066. |
| |
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This supplement should be retained with your
GoldenSelect/r/ Prospectus.
G3306-SUB 7/17/98
