GCG TRUST
497, 1998-01-05
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                                                    File No. 33-23512, 811-5629
                                                        Filed under Rule 497(e)

THE GCG TRUST
                                
                      PROSPECTUS SUPPLEMENT
                                
                         JANUARY 5, 1998

                                
                        SUPPLEMENT TO THE
PROSPECTUS DATED MAY 1, 1997 AS AMENDED JULY 9, 1997 AND OCTOBER
                          24, 1997 FOR
                                
                          THE GCG TRUST
                                

     Effective January 2, 1998, ING Investment Management, LLC
("IIM LLC"), an affiliate of Equitable Investment Services, Inc.
("EISI"), is assuming the portfolio management responsibilities
of EISI, for the Market Manager Series, Limited Maturity Bond
Series and Liquid Asset Series of The GCG Trust (the "Trust"),
pursuant to the Portfolio Management Agreement dated October 24,
1997.  The EISI personnel who managed these portfolios have moved
to IIM LLC and no changes in investment personnel are anticipated
for any portfolio.

This supplement should be retained with your Prospectus for The
GCG Trust.





G3059-IIM  1/98                                      GoldenSelect


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