January 1, 1997, Supplement
to
Prospectus
Dated May 1, 1996, revised November 1, 1996
for
Dreyfus/Transamerica
Triple Advantage
Variable Annuity Issued by
First Transamerica Life Insurance Company
Managed Assets Portfolio
Effective January 1, 1997, Comstock Partners Inc., no longer serves as
sub-investment adviser to the Managed Assets Portfolio of the Dreyfus Variable
Investment Fund, available through the Managed Assets Sub-Account of the
Dreyfus/Transamerica Advantage Variable Annuity. The Dreyfus Corporation
continues to act as adviser and is now responsible for the day-to-day management
of the Portfolio.
First Transamerica Life Insurance Company (Policy Form 3-501 11), Purchase,
New York. Annuity Service Center,
P.O. Box 31728, Charlotte, North Carolina 28231-1728
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