EQUITABLE LIFE INSURANCE COMPANY OF IOWA
SEPARATE ACCOUNT A
EQUI-SELECT SERIES TRUST
SUPPLEMENT TO PROSPECTUSES
The following supersedes certain information appearing in the
Prospectuses dated May 1, 1995, of Equitable Life Insurance Company of Iowa
Separate Account A and Equi-Select Series Trust ("Trust"). Except as
otherwise provided herein, all capitalized terms have the meanings set forth
in the Prospectuses.
Effective as of April 1, 1996 the Subadvisory Agreement dated July 21,
1994 ("Subadvisory Agreement") between Equitable Investment Services, Inc.
("EISI"), the Trust's Investment Adviser, and Strong Capital Management, Inc.
("Strong") with respect to the Advantage, Government Securities, and
Short-Term Bond Portfolios will be terminated. In addition to the other
duties which it currently performs in its role as the investment adviser to
these Portfolios, EISI will assume the portfolio management functions for
these Portfolios on April 1, 1996. EISI has served as the investment adviser
to these Portfolios since their inception pursuant to the Investment Advisory
Agreement dated October 1, 1994, between the Trust and EISI.
Robert F. Bowman and Annette F. Shaw, portfolio managers of EISI, will
co-manage the Advantage, Government Securities and Short-Term Bond Portfolios
in addition to the portfolio management responsibilities they have held for
the Money Market Portfolio and Mortgage-Backed Securities Portfolio,
respectively, of the Trust since July 1, 1995. Mr. Bowman was graduated from
Wabash College with a Bachelor of Arts degree in Economics and from the
University of Texas with a Master of Business Administration degree in Finance.
Mr. Bowman currently holds the title of Managing Director at EISI. Ms. Shaw
was graduated from Drake University with a Bachelor of Science degree in
Finance. Ms. Shaw also holds the Chartered Financial Analyst (CFA)
designation. Ms. Shaw currently holds the title of Managing Director at EISI.
Effective as of June 10, 1996, the Subadvisory Agreement with respect to
the International Stock Portfolio will be terminated. EISI is actively
seeking a successor subadviser for this Portfolio. Upon identification of the
successor subadviser, it is the intention of EISI to obtain approval of the
successor subadviser by the Trustees of the Trust, and also the approval of
the shareholder of the International Stock Portfolio. The sole shareholder of
the International Stock Portfolio is Equitable Life Insurance Company of Iowa
Separate Account A. Pursuant to current interpretations of the Investment
Company Act of 1940, Equitable Life Insurance Company of Iowa will solicit
voting instructions from owners of the variable annuity contracts invested in
the International Stock Subaccount. All shares of the International Stock
Portfolio of the Trust will be voted by Equitable Life Insurance Company of
Iowa in accordance with the voting instructions received from such contract
owners invested in the International Stock Subaccount.
The date of this Supplement is January 25, 1996.
