File No. 33-59261, 811-5626
Filed under Rule 497(e)
Golden American Life Insurance Company
Prospectus Supplement
October 29, 1997
to the
Granite PrimElite Deferred Variable Annuity Prospectus
dated May 1, 1997 as Supplemented July 9, 1997
__________
On October 24, 1997, ING Groep, N.V. ("ING") completed the
transaction to aquire Equitable of Iowa Companies ("Equitable of
Iowa"). At a meeting of shareholders on October 23, 1997,
Equitable of Iowa shareholders approved the terms of the agreement
of July 7, 1997, to merge Equitable of Iowa into ING. ING is now
the ultimate corporate parent of Golden American Life Insurance
Company, the issuer of GoldenSelect/R/ variable products, Directed
Services, Inc. ("DSI"), the distributor of the Granite PrimElite
Deferred Variable Annuity, and Equitable Investment Services, Inc.
("EISI"), the manager of the Equi-Select Series Trust (the "ESS
Trust). ING, based in the Netherlands, is a global financial
services holding company with over $289 billion in assets. On
October 9, 1997, at special meeting of the shareholders of the ESS
Trust, the shareholders approved the new management agreement
between EISI and the ESS Trust and each of the new portfolio
management agreements among EISI, the ESS Trust and the portfolio
managers of the ESS Trust. These agreements are effective as of
October 24, 1997.
This supplement should be retained with your Granite PrimElite
Prospectus.
PE-1-NH-CLO 10/29/97
