PARKSTONE VARIABLE ANNUITY ACCOUNT
497, 1997-10-02
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PARKSTONE VARIABLE ANNUITY

Supplement dated October 1, 1997 to the Prospectus dated April 30, 1997

The Prospectus is supplemented with the following  information.  With respect to
Contracts  purchased after September 30, 1997,  Security  Benefit will waive the
annual maintenance fee of $30. This fee will not be deducted from such Contracts
at any time in the future.



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