U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24f-2
READ INSTRUCTIONS AS AND OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.
1. Name and address of issuer:Protective Variable Annuity Separate Account
2801 Highway 280 South
Birmingham, Alabama 35223
2. Name of each series or class of securities for which this Form is
filed: (If the Form is being filed for all series and classes of the
issuer, check the box but do not list series or classes):
/X/
3. Investment Company Act File Number: 811-8108
Securities Act File Number: 33-70984, 333-60149, 333-68551
4(a). Last day of fiscal year for which this notice is filed:
Year Ended December 31, 1998
4(b). Check box if this notice is being filed late more than 90 days after
the end of the issuer's fiscal year
/ /
4(c). Check box if this is the last time the issuer will be filing this form.
/ /
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year in reliance on section 24f
(from Item 10): $335,749,685
(ii) Aggregate price of securities redeemed or repurchased during
the fiscal year (if applicable): $50,191,862
<PAGE>
(iii) Aggregate price of securities redeemed or repurchased during
the prior fiscal year ending no earlier than October 11, 1995
that were not previously used to reduce
registration fees payable to the Commission -0-
(iv) Total available redemption credits
[add Items 5(ii) and 5(iii)]: -$(50,191,862)
(v) Net sales - if Item 5(i) is greater that Item
5(iv) [subtract Item 5(iv) from Item 5(i)]: $285,557,823
------------
(vi) Redemption credits available for use in future years - if Item
5(i) is less than Item
5(iv) [subtract Item 5(iv) from Item 5(i)]: $( 0)
--------------------
(vii) Multiplier for determining registration fee
(See Instruction C.9): x 0.00027800
(viii) Registration fee due [multiply Item 5(v) by
Item 5(vii)] (enter "0" if no fee is due):=$ 79,385
-----------------
- -
6. Prepaid Shares
If the response to Item 5(i) was determined by deducting an
amount of securities that were registered under the Securities
Act of 1933 pursuant to rule 24e-2 as in effect before October
11, 1997, then report the amount of securities (number of
shares or other units deducted here: N/A If there is a number
of shares or other units that were registered pursuant to rule
24e-2 remaining unsold at the end of the fiscal year for which
this form is filed that are available for use by the issuer in
future fiscal years, then state that number here: N/A
7. Interest due - if this Form is being filed more than 90 days
after the end of the issuer's fiscal year (see Instruction D):
+$ N/A
8. Total of the amount of the registration fee due plus any
interest due [line 5(viii) plus line 7]:
+$ 79,385
<PAGE>
9. Date the registration fee and an interest payment was sent to
the Commission's lockbox depository:
March 9 , 1999
- -
Method of delivery:
/X/ Wire Transfer
/ / Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* ____________________________________________
John O'Sullivan
Vice President, Protective Life Insurance Company
Date March 9 , 1999
*Please print the name and title of the signing officer below the signature.
