<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
RULE 24f-2 NOTICE
FOR
Providentmutual Variable Annuity Separate Account
(Name of Registrant)
300 Continental Drive
Newark, DE 19713
(Address of principal executive offices)
File Nos. 33-44180 and 33-65512
1. The following information is set forth pursuant to the requirements of
Rule 24f-2(b)(1):
(i). Fiscal year for which Notice is filed:
Fiscal year ended December 31, 1996
(ii). Number or amount of securities of the same class or series, if
any, which had been registered under the Securities Act of
1933 other than pursuant to Rule 24f-2 but which remained
unsold at the beginning of such fiscal year.
None
(iii). The number or amount of securities, if any, registered during
such fiscal year other than pursuant to Rule 24f-2:
None
(iv). The number or amount of securities sold during the fiscal
year:
<TABLE>
<S> <C> <C> <C>
Growth Money Market Bond Managed
Subaccount Subaccount Subaccount Subaccount
$7,963,484.88 $145,701,612.53 $2,159,703.98 $3,994,379.22
worth of worth of worth of worth of
policies (1) policies (2) policies (3) policies (4)
</TABLE>
<PAGE> 2
<TABLE>
<S> <C> <C> <C>
Aggressive Fidelity Fidelity Equity
Growth International High Income Income
Subaccount Subaccount Subaccount Subaccount
- ---------- ---------- ---------- ----------
$4,039,692.15 $6,052,729.98 $7,267,344.38 $24,842,756.77
worth of worth of worth of worth of
policies (5) policies (6) policies (7) policies (8)
Fidelity Fidelity Asset
Fidelity Growth Overseas Manager Fidelity Index
Subaccount Subaccount Subaccount 500 Subaccount
- ---------- ---------- ---------- --------------
$23,526,670.62 $139,043.02 $7,420,088.96 $15,711,908.18
worth of worth of worth of worth of
policies (9) policies (10) policies (11) policies (12)
Fidelity
Fidelity Investment Quest for Value Quest for Value
ContraFund Grade Equity Small Cap
Subaccount Bond Subaccount Subaccount Subaccount
- ---------- --------------- ---------- ----------
$12,666,918.19 $149,750.36 $5,369,738.00 $4,451,875.72
worth of worth of worth of worth of
policies (13) policies (14) policies (15) policies (16)
Quest for Value Scudder Growth and Scudder
Managed Scudder Bond Income International
Subaccount Subaccount Subaccount Subaccount
- ---------- ---------- ---------- ----------
$18,471,059.32 $3,190,771.80 $4,084,492.19 $4,914,280.15
worth of worth of worth of worth of
policies (17) policies (18) policies (19) policies (20)
Dreyfus Zero Dreyfus Growth Dreyfus Socially Federated U.S.
Coupon 2000 and Income Responsible Government Bond
Subaccount Subaccount Subaccount Subaccount
- ---------- ---------- ---------- ----------
$4,054,533.51 $11,175,029.49 $1,684,968.46 $1,738,400.91
worth of worth of worth of worth of
policies (21) policies (22) policies (23) policies (24)
</TABLE>
<PAGE> 3
<TABLE>
<S> <C> <C> <C>
Neuberger Neuberger &
Federated & Berman Neuberger & Berman Limited
Utility Fund Balanced Berman Growth Maturity Bond
Subaccount Subaccount Subaccount Subaccount
---------- ---------- ---------- ----------
$2,240,368.01 $41,933.48 $103,349.79 $132,527.58
worth of worth of worth of worth of
policies (25) policies (26) policies (27) policies (28)
Van Eck Van Eck Gold Van Eck
Worldwide and Natural Emerging
TCI Growth Bond Resources Markets
Subaccount Subaccount Subaccount Subaccount
---------- ---------- ---------- ----------
$61,276.79 $143,795.60 $18,470.93 $71,376.01
worth of worth of worth of worth of
policies (29) policies (30) policies (31) policies (32)
Alger American
Small
Capitalization
Subaccount
----------
$460,357.91
worth of
policies (33)
</TABLE>
(v). The number or amount of securities sold during such fiscal year in
reliance upon registration pursuant to Rule 24f-2
<TABLE>
<S> <C> <C> <C>
Growth Money Market Bond Managed
Subaccount Subaccount Subaccount Subaccount
---------- ---------- ---------- ----------
$7,963,484.88 $145,701,612.53 $2,159,703.98 $3,994,379.22
worth of worth of worth of worth of
policies (1) policies (2) policies (3) policies (4)
</TABLE>
<PAGE> 4
<TABLE>
<S> <C> <C> <C>
Aggressive Growth International Fidelity High Income Fidelity Equity
Subaccount Subaccount Subaccount Income Subaccount
---------- ---------- ---------- -----------------
$4,039,692.15 $6,052,729.98 $7,267,344.38 $24,842,756.77
worth of worth of worth of worth of
policies (5) policies (6) policies (7) policies (8)
Fidelity Growth Fidelity Overseas Fidelity Asset Fidelity Index 500
Subaccount Subaccount Manager Subaccount Subaccount
---------- ---------- ------------------ ----------
$23,526,670.62 $139,043.02 $7,420,088.96 $15,711,908.18
worth of worth of worth of worth of
policies (9) policies (10) policies (11) policies (12)
Fidelity Quest for Value Quest for Value
Fidelity ContraFund Investment Grade Equity Small Cap
Subaccount Bond Subaccount Subaccount Subaccount
---------- --------------- ---------- ----------
$12,666,918.19 $149,750.36 $5,369,738.00 $4,451,875.72
worth of worth of worth of worth of
policies (13) policies (14) policies (15) policies (16)
Scudder Growth and Scudder
Quest for Value Scudder Bond Income International
Managed Subaccount Subaccount Subaccount Subaccount
------------------ ---------- ---------- ----------
$18,471,059.32 $3,190,771.80 $4,084,492.19 $4,914,280.15
worth of worth of worth of worth of
policies (17) policies (18) policies (19) policies (20)
Dreyfus Zero Coupon Dreyfus Growth and Dreyfus Socially Federated U.S.
2000 Income Responsible Government Bond
Subaccount Subaccount Subaccount Subaccount
---------- ---------- ---------- ----------
$4,054,533.51 $11,175,029.49 $1,684,968.46 $1,738,400.91
worth of worth of worth of worth of
policies (21) policies (22) policies (23) policies (24)
</TABLE>
<PAGE> 5
<TABLE>
<S> <C> <C> <C>
Neuberger & Berman
Federated Neuberger & Berman Neuberger & Berman Limited Maturity
Utility Fund Balanced Growth Bond
Subaccount Subaccount Subaccount Subaccount
---------- ---------- ---------- ----------
$2,240,368.01 $41,933.48 $103,349.79 $132,527.58
worth of worth of worth of worth of
policies (25) policies (26) policies (27) policies (28)
Van Eck Worldwide Van Eck Gold and Van Eck Emerging
TCI Growth Bond Natural Resources Markets
Subaccount Subaccount Subaccount Subaccount
---------- ---------- ---------- ----------
$61,276.79 $143,795.60 $18,470.93 $71,376.01
worth of worth of worth of worth of
policies (29) policies (30) policies (31) policies (32)
Alger American
Small
Capitalization
Subaccount
----------
$460,357.91
worth of
policies (33)
</TABLE>
2. An opinion of counsel with respect to the validity of the shares
accompanies this Notice.
3. Filing fee with respect to shares specified in 1(v) above:
<TABLE>
<S> <C> <C>
Growth Subaccount $ 1,420.57 (1)
Money Market Subaccount 2,610.59 (2)
Bond Subaccount 431.27 (3)
Managed Subaccount 514.09 (4)
Aggressive Growth Subaccount 609.76 (5)
International Subaccount 983.84 (6)
Fidelity High Income Subaccount 1,594.81 (7)
Fidelity Equity Income Subaccount 5,169.41 (8)
Fidelity Growth Subaccount 5,308.42 (9)
Fidelity Overseas Subaccount 38.66 (10)
Fidelity Asset Manager Subaccount 637.61 (11)
Fidelity Index 500 Subaccount 3,885.50 (12)
Fidelity Contra Fund Subaccount 3,148.55 (13)
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C>
Fidelity Investment Grade Bond Subaccount 42.68 (14)
Quest for Value Equity Subaccount 1,224.06 (15)
Quest for Value Small Cap Subaccount 823.19 (16)
Quest for Value Managed Subaccount 3,801.75 (17)
Scudder Bond Subaccount 568.86 (18)
Scudder Growth and Income Subaccount 1,035.66 (19)
Scudder International Subaccount 1,377.89 (20)
Dreyfus Zero Coupon 2000 Subaccount 605.72 (21)
Dreyfus Growth and Income Subaccount 2,768.79 (22)
Dreyfus Socially Responsible Subaccount 448.31 (23)
Federated U.S. Government Bond Subaccount 426.65 (24)
Federated Utility Fund Subaccount 568.15 (25)
Neuberger & Berman Balanced Subaccount 12.68 (26)
Neuberger & Berman Growth Subaccount 30.60 (27)
Neuberger & Berman Limited Maturity Bond Subaccount 22.41 (28)
TCI Growth Subaccount 18.05 (29)
Van Eck Worldwide Bond Subaccount 27.04 (30)
Van Eck Gold and Natural Resources Subaccount 4.88 (31)
Van Eck Emerging Markets Subaccount 20.77 (32)
Alger American Small Capitalization Subaccount 136.73 (33)
----------
$40,317.96
</TABLE>
Minimum Filing Fee (Certified Check Enclosed): $40,317.96
DATED: February 26, 1997
PROVIDENTMUTUAL VARIABLE ANNUITY SEPARATE ACCOUNT
BY: /s/ M. Diane
----------------------------------------
M. Diane Koken
- ------------------------
(1) The actual aggregate sales price was $7,963,484.88, which consists of 3,853
policies allocating premiums to the Growth Subaccount. During the fiscal year
ended December 31, 1996, the actual aggregate redemption price of Growth
Subaccount policies redeemed was $3,275,618.89. (No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24f-2(c) in
any filing made pursuant to Section 24(e)(1) of the Investment Company Act of
1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to the policies in
calculated as follows:
$7,963,484.88 - 3,275,618.89 = $4,687,865.99 / 3300 = $1,420.57
<PAGE> 7
(2) The actual aggregate sales price was $145,701,612.53, which consists of
6,688 policies allocating premiums to the Money Market Subaccount. During the
fiscal year ended December 31, 1996, the actual aggregate redemption price of
Money Market Subaccount policies redeemed was $137,086,679.93. (No portion of
such aggregate redemption price has been applied by the Registrant pursuant to
Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the Investment
Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to
the policies is calculated as follows:
$145,701,612.53 - 137,086,679.93 = $8,614,932.60 / 3300 = $2,610.59
(3) The actual aggregate sales price was $2,159,703.98, which consists of 1,537
policies allocating premiums to the Bond Subaccount. During the fiscal year
ended December 31, 1996, the actual aggregate redemption price of Bond
Subaccount policies redeemed was $736,501.69. (No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24f-2(c) in
any filing made pursuant to Section 24(e)(1) of the Investment Company Act of
1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to the policies is
calculated as follows:
$2,159,703.98 - 736,501.69 = $1,423,202.29 / 3300 = $431.27
(4) The actual aggregate sales price was $3,994,379.22, which consists of 1,869
policies allocating premiums to the Managed Subaccount. During the fiscal year
ended December 31, 1996, the actual aggregate redemption price of Managed
Subaccount policies redeemed was $2,297,886.84. (No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24f-2(c) in
any filing made pursuant to Section 24(e)(1) of the Investment Company Act of
1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to the policies is
calculated as follows:
$3,994,379.22 - 2,297,886.84 = $1,696,492.38 / 3300 = $514.09
(5) The actual aggregate sales price was $4,039,692.15, which consists of 2,958
policies allocating premiums to the Aggressive Growth Subaccount. During the
fiscal year ended December 31, 1996, the actual aggregate redemption price of
Aggressive Growth Subaccount policies redeemed was $2,027,473.64. (No portion of
such aggregate redemption price has been applied by the Registrant pursuant to
Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the Investment
Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to
the policies is calculated as follows:
$4,039,692.15 - 2,027,473.64 = $2,012,218.51 / 3300 = $609.76
(6) The actual aggregate sales price was $6,052,729.98, which consists of 5,153
policies allocating premiums to the International Subaccount. During the fiscal
year ended December 31, 1996, the actual aggregate redemption price of
International Subaccount policies redeemed was $2,806,063.35. (No portion of
such aggregate redemption price has been applied by the Registrant pursuant to
Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the Investment
Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to
the policies is calculated as follows:
$6,052,729.98 - 2,806,063.35 = $3,246,666.63 / 3300 = $983.84
<PAGE> 8
(7) The actual aggregate sales price was $7,267,344.38, which consists of 2,902
policies allocating premiums to the Fidelity High Income Subaccount. During the
fiscal year ended December 31, 1996, the actual aggregate redemption price of
Fidelity High Income Subaccount policies redeemed was $2,004,483.58. (No portion
of such aggregate redemption price has been applied by the Registrant pursuant
to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$7,267,344.38 - 2,004,483.58 = $5,262,860.80 / 3300 = $1,594.81
(8) The actual aggregate sales price was $24,842,756.77, which consists of
10,382 policies allocating premiums to the Fidelity Equity Income Subaccount.
During the fiscal year ended December 31, 1996, the actual aggregate redemption
price of Fidelity Equity Income Subaccount policies redeemed was $7,783,692.79.
(No portion of such aggregate redemption price has been applied by the
Registrant pursuant to Rule 24f-2(c) in any filing made pursuant to Section
24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule 24f- 2(c), the
filing fee with respect to the policies is calculated as follows:
$24,842,756.77 - 7,783,692.79 = $17.059,063.98 / 3300 = $5,169.41
(9) The actual aggregate sales price was $23,526,670.62, which consists of
11,468 policies allocating premiums to the Fidelity Growth Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Fidelity Growth Subaccount policies redeemed was $6,008,890.17. (No portion
of such aggregate redemption price has been applied by the Registrant pursuant
to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$23,526,670.62 - 6,008,890.17 = $17,517,780.45 / 3300 = $5,308.42
(10) The actual aggregate sales price was $139,043,02, which consists of 53
policies allocating premiums to the Fidelity Overseas Subaccount. During the
fiscal year ended December 31, 1996, the actual aggregate redemption price of
Fidelity Overseas Subaccount policies redeemed was $11,470.96. (No portion of
such aggregate redemption price has been applied by the Registrant pursuant to
Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the Investment
Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to
the policies is calculated as follows:
$139,043.02 - 11,470.96 = $127,572.06 / 3300 = $38.66
(11) The actual aggregate sales price was $7,420,088.96, which consists of 3,081
policies allocating premiums to the Fidelity Asset Manager Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Fidelity Asset Manager Subaccount policies redeemed was $5,315,980.15. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$7,420,088.96 - 5,315,980.15 = $2,104,108.81 / 3300 = $637.61
<PAGE> 9
(12) The actual aggregate sales price was $15,711,908.18, which consists of
6,787 policies allocating premiums to the Fidelity Index 500 Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Fidelity Index 500 Subaccount policies redeemed was $2,889,747.55. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$15,711,908.18 - 2,889,747.55 = $12,822,160.63 / 3300 = $3,885.50
(13) The actual aggregate sales price was $12,666,918.19, which consists of
5,178 policies allocating premiums to the Fidelity ContraFund Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Fidelity ContraFund Subaccount policies redeemed was $2,276,689.41. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$12,666,918.19 - 2,276,689.41 = $10,390,228.78 / 3300 = $3,148.55
(14) The actual aggregate sales price was $149,750.36, which consists of 47
policies allocating premiums to the Fidelity Investment Grade Bond Subaccount.
During the fiscal year ended December 31, 1996, the actual aggregate redemption
price of Fidelity Investment Grade Bond Subaccount policies redeemed was
$8,902.17. (No portion of such aggregate redemption price has been applied by
the Registrant pursuant to Rule 24f-2(c) in any filing made pursuant to Section
24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule 24f- 2(c), the
filing fee with respect to the policies is calculated as follows:
$149,750.36 - 8,902.17 = $140,848.19 / 3300 = $42.68
(15) The actual aggregate sales price was $5,369,738.00, which consists of 2,747
policies allocating premiums to the Quest for Value Equity Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Quest for Value Equity Subaccount policies redeemed was $1,330,352.29. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$5,369,738.00 - 1,330,352.29 = $4,039,385.71 / 3300 = $1,224.06
(16) The actual aggregate sales price was $4,451,875.72 which consists of 3,512
policies allocating premiums to the Quest for Value Small Cap Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Quest for Value Small Cap Subaccount policies redeemed was $1,735,332.42. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f- 2(c), the filing fee with
respect to the policies is calculated as follows:
$4,451,875.72 - 1,735,332.42 = $2,716,543.30 / 3300 = $823.19
<PAGE> 10
(17) The actual aggregate sales price was $18,471,059.32, which consists of
5,985 policies allocating premiums to the Quest for Value Managed Subaccount.
During the fiscal year ended December 31, 1996, the actual aggregate redemption
price of Quest for Value Managed Subaccount policies redeemed was $5,925,269.50.
(No portion of such aggregate redemption price has been applied by the
Registrant pursuant to Rule 24f-2(c) in any filing made pursuant to Section
24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the
filing fee with respect to the policies is calculated as follows:
$18,471,059.32 - 5,925,269.50 = $12,545,789.82 / 3300 = $3,801.75
(18) The actual aggregate sales price was $3,190,771.80, which consists of 1,934
policies allocating premiums to the Scudder Bond Subaccount. During the fiscal
year ended December 31, 1996, the actual aggregate redemption price of Scudder
Bond Subaccount policies redeemed was $1,313,550.09. (No portion of such
aggregate redemption price has been applied by the Registrant pursuant to Rule
24f-2(c) in any filing made pursuant to Section 24(e)(1) of the Investment
Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to
the policies is calculated as follows:
$3,190,771.80 - 1,313,550.09 = $1,877,221.71 / 3300 = $568.86
(19) The actual aggregate sales price was $4,084,492.19, which consists of 1,679
policies allocating premiums to the Scudder Growth and Income Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Scudder Growth and Income Subaccount policies redeemed was $666,814.10. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f- 2(c), the filing fee with
respect to the policies is calculated as follows:
$4,084,492.19 - 666,814.10 = $3,417,678.09 / 3300 = $1,035.66
(20) The actual aggregate sales price was $4,914,280.15, which consists of 2,567
policies allocating premiums to the Scudder International Subaccount. During the
fiscal year ended December 31, 1996, the actual aggregate redemption price of
Scudder International Subaccount policies redeemed was $367,232.27. (No portion
of such aggregate redemption price has been applied by the Registrant pursuant
to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$4,914,280.15 - 367,232.27 = $4,547,047.88 / 3300 = $1,377.89
(21) The actual aggregate sales price was $4,054,533.51, which consists of 1,458
policies allocating premiums to the Dreyfus Zero Coupon 2000 Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Dreyfus Zero Coupon 2000 Subaccount policies redeemed was $2,055,667.99. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$4,054,533.51 - 2,055,667.99 = $1,998,865.52 / 3300 = $605.72
<PAGE> 11
(22) The actual aggregate sales price was $11,175,029.49, which consists of
4,858 policies allocating premiums to the Growth and Income Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Growth and Income Subaccount policies redeemed was $2,038,020.84. (No portion
of such aggregate redemption price has been applied by the Registrant pursuant
to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$11,175,029.49 - $2,038,020.84 = $9,137,008.65 / 3300 = $2,768.79
(23) The actual aggregate sales price was $1,684,968.46, which consists of 1,126
policies allocating premiums to the Socially Responsible Subaccount. During the
fiscal year ended December 31, 1996, the actual aggregate redemption price of
Socially Responsible Subaccount policies redeemed was $205,542.95. (No portion
of such aggregate redemption price has been applied by the Registrant pursuant
to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$1,684,968.46 - 205,542.95 = $1,479,425.51 / 3300 = $448.31
(24) The actual aggregate sales price was $1,738,400.91, which consists of 693
policies allocating premiums to the Federated U.S. Government Bond Fund
Subaccount. During the fiscal year ended December 31, 1996, the actual aggregate
redemption price of Federated U.S. Government Bond Fund Subaccount policies
redeemed was $330,449.24. (No portion of such aggregate redemption price has
been applied by the Registrant pursuant to Rule 24f-2(c) in any filing made
pursuant to Section 24(e)(1) of the Investment Company Act of 1940.) Pursuant to
Rule 24f-2(c), the filing fee with respect to the policies is calculated as
follows:
$1,738,400.91 - 330,449.24 = $1,407,951.67 / 3300 = $426.65
(25) The actual aggregate sales price was $2,240,368.01, which consists of 956
policies allocating premiums to the Federated Utility Fund Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Federated Utility Fund Subaccount policies redeemed was $365,456.98. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$2,240,368.01 - 365,456.98 = $1,874,911.03 / 3300 = $568.15
(26) The actual aggregate sales price was $41,933.48, which consists of 12
policies allocating premiums to the Neuberger & Berman Balanced Subaccount.
During the fiscal year ended December 31, 1996, the actual aggregate redemption
price of Neuberger & Berman Balanced Subaccount policies redeemed was $85.31.
(No portion of such aggregate redemption price has been applied by the
Registrant pursuant to Rule 24f-2(c) in any filing made pursuant to Section
24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the
filing fee with respect to the policies is calculated as follows:
$41,933.48 - 85.31 = $41,848.17 / 3300 = $12.68
<PAGE> 12
(27) The actual aggregate sales price was $103,349.79, which consists of 58
policies allocating premiums to the Neuberger & Berman Growth Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Neuberger & Berman Growth Subaccount policies redeemed was $2,366.42. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$103,349.79 - 2,366.42 = $100,983.37 / 3300 = $30.60
(28) The actual aggregate sales price was $132,527.58, which consists of 32
policies allocating premiums to the Neuberger & Berman Limited Maturity Bond
Subaccount. During the fiscal year ended December 31, 1996, the actual aggregate
redemption price of Neuberger & Berman Limited Maturity Bond Subaccount policies
redeemed was $58,578.22. (No portion of such aggregate redemption price has been
applied by the Registrant pursuant to Rule 24f-2(c) in any filing made pursuant
to Section 24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule
24f-2(c), the filing fee with respect to the policies is calculated as follows:
$132,527.58 - 58,578.22 = $73,949.36 / 3300 = $22.41
(29) The actual aggregate sales price was $61,276.79, which consists of 40
policies allocating premiums to the TCI Growth Subaccount. During the fiscal
year ended December 31, 1996, the actual aggregate redemption price of TCI
Growth Subaccount policies redeemed was $1,702.94. (No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24f-2(c) in
any filing made pursuant to Section 24(e)(1) of the Investment Company Act of
1940.) Pursuant to Rule 24f-2(c), the filing fee with respect to the policies is
calculated as follows:
$61,276.79 - 1,702.94 = $59,573.85 / 3300 = $18.05
(30) The actual aggregate sales price was $143,795.60, which consists of 40
policies allocating premiums to the Van Eck Worldwide Bond Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Van Eck Worldwide Bond Subaccount policies redeemed was $54,560.27. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$143,795.60 - 54,560.27 = $89,235.33 / 3300 = $27.04
(31) The actual aggregate sales price was $18,470.93, which consists of 13
policies allocating premiums to the Van Eck Gold and Natural Resources
Subaccount. During the fiscal year ended December 31, 1996, the actual aggregate
redemption price of Van Eck Gold and Natural Resources Subaccount policies
redeemed was $2,369.34. (No portion of such aggregate redemption price has been
applied by the Registrant pursuant to Rule 24f-2(c) in any filing made pursuant
to Section 24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule
24f-2(c), the filing fee with respect to the policies is calculated as follows:
$18,470.93 - 2,369.34 = $16,101.59 / 3300 = $4.88
<PAGE> 13
(32) The actual aggregate sales price was $71,376.01, which consists of 66
policies allocating premiums to the Van Eck Emerging Markets Subaccount. During
the fiscal year ended December 31, 1996, the actual aggregate redemption price
of Van Eck Emerging Markets Subaccount policies redeemed was $2,831.53. (No
portion of such aggregate redemption price has been applied by the Registrant
pursuant to Rule 24f-2(c) in any filing made pursuant to Section 24(e)(1) of the
Investment Company Act of 1940.) Pursuant to Rule 24f-2(c), the filing fee with
respect to the policies is calculated as follows:
$71,376.01 - 2,831.53 = $68,544.48 / 3300 = $20.77
(33) The actual aggregate sales price was $460,357.91, which consists of 135
policies allocating premiums to the Alger American Small Capitalization
Subaccount. During the fiscal year ended December 31, 1996, the actual aggregate
redemption price of Alger American Small Capitalization Subaccount policies
redeemed was $9,164.19. (No portion of such aggregate redemption price has been
applied by the Registrant pursuant to Rule 24f-2(c) in any filing made pursuant
to Section 24(e)(1) of the Investment Company Act of 1940.) Pursuant to Rule
24f-2(c), the filing fee with respect to the policies is calculated as follows:
$460,357.91 - 9,164.19 = $451,193.72 / 3300 = $136.73
<PAGE> 14
February 26, 1997
Providentmutual Life and Annuity Company
of America
300 Continental Drive
Newark, DE 19713
Re: Rule 24f-2 Notice
Providentmutual Variable Annuity Separate Account
Registration Nos. 33-44180 and 33-65512
Dear Sirs/Madames:
I have served as counsel to Providentmutual Life and Annuity
Company of America in connection with the above-referenced Notice. In my
opinion, the securities being registered with respect to the Providentmutual
Variable Annuity Separate Account are legally issued, fully paid and
non-assessable.
Very truly yours,
Adam Scaramella
AS/ja
