JP MORGAN SERIES TRUST II
497, 2000-06-22
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J.P. Morgan Series Trust II
Supplement dated June 22, 2000, to the following Prospectus:

J.P. Morgan Series Trust II combined prospectus dated April 3, 2000

The second  paragraph  under the heading  "Portfolio  Management" on page 5 with
respect to J.P.  Morgan Small  Company  Portfolio,  is hereby  replaced with the
following:


     The portfolio management team is led by Marian U. Pardo, managing director,
Alexandra F. Wells, vice president,  and Daniel J. Anniello, vice president. Ms.
Pardo has been at J.P.  Morgan  since 1968,  except for five months in 1998 when
she was president of a small  investment  management firm. Prior to managing the
fund,  Ms.  Pardo  managed  small and large cap  equity  portfolios,  equity and
convertible  funds, and several  institutional  portfolios.  Ms.Wells joined the
team in March 1998 and has been with J.P.  Morgan since 1992.  Prior to managing
the fund,  Ms.  Wells  managed  large cap equity  portfolios,  and prior to that
served as an equity  research  analyst.  Mr.  Anniello has been a small  company
portfolio  manager since 2000 and employed by J.P.  Morgan since 1997.  Prior to
joining J.P. Morgan,  Mr. Anniello worked at Warburg Pincus Asset Management and
the U.S. Securities and Exchange Commission.





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J.P. Morgan Series Trust II
Supplement dated June 22, 2000, to the following Prospectus:

J.P. Morgan Series Trust II prospectus dated April 3, 2000

The second  paragraph  under the heading  "Portfolio  Management" on page 1 with
respect to J.P.  Morgan Small  Company  Portfolio,  is hereby  replaced with the
following:


     The portfolio management team is led by Marian U. Pardo, managing director,
Alexandra F. Wells, vice president,  and Daniel J. Anniello, vice president. Ms.
Pardo has been at J.P.  Morgan  since 1968,  except for five months in 1998 when
she was president of a small  investment  management firm. Prior to managing the
fund,  Ms.  Pardo  managed  small and large cap  equity  portfolios,  equity and
convertible  funds, and several  institutional  portfolios.  Ms.Wells joined the
team in March 1998 and has been with J.P.  Morgan since 1992.  Prior to managing
the fund,  Ms.  Wells  managed  large cap equity  portfolios,  and prior to that
served as an equity  research  analyst.  Mr.  Anniello has been a small  company
portfolio  manager since 2000 and employed by J.P.  Morgan since 1997.  Prior to
joining J.P. Morgan,  Mr. Anniello worked at Warburg Pincus Asset Management and
the U.S. Securities and Exchange Commission.




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