<PAGE>
PUTNAM CAPITAL MANAGER TRUST SEPARATE ACCOUNT TWO
ITT HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
SUPPLEMENT DATED OCTOBER 20, 1995 TO THE PUTNAM CAPITAL MANAGER TRUST
PROSPECTUS DATED MAY 1, 1995
The subsection entitled "The Company" should read as follows:
THE COMPANY
ITT Hartford Life and Annuity Insurance Company, formerly ITT Hartford Insurance
Corporation, is domiciled in the State of Wisconsin at Suite 2100, 111 East
Wisconsin Avenue, Milwaukee, Wisconsin 53202 and with its principal office at
505 Highway 169 North, Minneapolis, Minnesota 55441; however, its mailing
address is P.O. Box 5085, Hartford, Connecticut 06102-5085; Attn: Individual
Annuity Operations.
ITT Hartford was incorporated in January 9, 1956 and commenced business July 1,
1965. It is a stock life insurance company engaged in the business of writing
both individual and group life insurance and annuities in all states including
the District of Columbia, except New York.
ITT Hartford is a wholly owned subsidiary of Hartford Life Insurance Company.
ITT Hartford is ultimately 100% owned by Hartford Fire Company, one of the
largest multiple lines insurance carriers in the United States.
ITT Hartford has an A+ (superior) rating from A.M. Best and Company, Inc. ITT
Hartford has an AA+ rating from both Standard & Poor's and Duff and Phelps on
the basis of its claims paying ability.
These ratings do not apply to the performance of the Separate Account. However,
the Contractual obligations under this variable annuity are the general
corporate obligations of ITT Hartford. These ratings do apply to ITT Hartford's
ability to meet its insurance obligations under the Contract.
HV-2012
33-73572
