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PROSPECTUS SUPPLEMENT
DATED JANUARY 2, 1996 TO EACH OF THE FOLLOWING:
Prospectuses dated May 1, 1995,
each as previously supplemented, for
DEFERRED VARIABLE ANNUITY CONTRACTS issued
by Golden American Life Insurance Company
Prospectuses dated May 3, 1993, Prospectuses dated October 12, 1993,
each as previously supplemented, each as previously supplemented,
for VARIABLE ANNUITY CERTAIN for VARIABLE ANNUITY
CONTRACTS issued by Golden CONTRACTS issued by Golden
American Life Insurance Company American Life Insurance Company
(Collectively, the "Prospectuses")
_________
THIS SUPPLEMENT SHOULD BE RETAINED WITH YOUR PROSPECTUS.
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Two Divisions have been added to invest in the Small Cap Series and the
Strategic Equity Series (together, the "Series") of The GCG Trust (the "Trust").
The Series are newly created portfolios managed by Fred Alger Management, Inc.
and Zweig Advisors Inc., respectively. The Trust Annual Expenses attributable
to each Series are 1.00% of net assets. This expense is the same as that
charged in connection with the Multiple Allocation, Fully Managed, Capital
Appreciation, Rising dividends, All-Growth, Real Estate, Natural Resources, and
Value Equity Series. For expenses that you will pay for in connection with
$1,000 of initial premium invested in the Small Cap and Strategic Equity
Division, please refer to the examples provided in your Prospectus under the
caption "Fee Table."
In addition, information in the Prospectuses relating to the various series of
the Trust in which the Divisions invest is amended by the addition set forth
below.
SMALL CAP DIVISION
SMALL CAP SERIES
OBJECTIVE
Long term capital appreciation.
INVESTMENTS
Investment primarily in equity securities of companies that, at the time of
purchase, have a total market capitalization -- present market value per
share multiplied by the total number of shares outstanding -- of less than
$1 billion.
PORTFOLIO MANAGER
Fred Alger Management, Inc.
STRATEGIC EQUITY DIVISION
STRATEGIC EQUITY SERIES
OBJECTIVE
Long term capital appreciation.
INVESTMENTS
Investment primarily in equity securities based on various equity market
timing techniques. The amount of the Series' assets allocated to equities
shall vary from time to time to seek positive investment performance from
advancing equity markets and to reduce exposures to equities when
risk/reward characteristics are believed to be less attractive.
PORTFOLIO MANAGER
Zweig Advisors Inc.
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