GCG TRUST
497, 1999-06-30
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                                            File No. 33-23512, 811-5629
                                            Filed under Rule 497(c)



  THE GCG TRUST

                        PROSPECTUS SUPPLEMENT
                            JUNE 30, 1999
                               TO THE
           PROSPECTUS DATED MAY 1, 1999 FOR THE GCG TRUST

     The Board of Trustees at a meeting held June 15, 1999 approved
changing the name of the Growth & Income Series of The GCG Trust to
the Capital Growth Series, effective July 1, 1999.

     Additionally, Alden Stewart has assumed responsibility for the
day-to-day  investment decisions of the Growth & Income  Series  of
The  GCG  Trust.   Mr. Stewart holds the title  of  Executive  Vice
President  and Portfolio Manager.  In this capacity he  oversees  a
staff  of  portfolio  managers.  Mr. Stewart began  his  career  at
Alliance  Capital Management, L.P. ("Alliance")  in  1971  and  has
managed several individual portfolios for Alliance  during  his  28
years of service.


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


G3059 Supp1                                             6/99

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