File No. 33-79170, 811-8524
Filed under Rule 497(e)
Equitable Life Insurance Company of Iowa
Prospectus Supplement
October 29, 1997
to the
PrimElite Variable Annuity Prospectus
Dated May 1, 1997 as Supplemented May 28, 1997 and July 9, 1997
__________
On October 24, 1997, ING Groep, N.V. ("ING") completed the
transaction to aquire Equitable of Iowa Companies ("Equitable
of Iowa"). At a meeting of shareholders on October 23, 1997,
Equitable of Iowa shareholders approved the terms of the agreement
of July 7, 1997, to merge Equitable of Iowa into ING. ING is now
the ultimate corporate parent of Equitable Life Insurance Company
of Iowa, the issuer of the PrimElite Deferred Variable Annuity,
Equitable of Iowa Securities Network, Inc., the distributor of the
PrimElite Deferred Variable Annuity and the Equi-Select Series
Trust (the "ESS Trust"), Equitable Investment Services, Inc.
("EISI"), the adviser of the ESS Trust. ING, based in the
Netherlands, is a global financial services holding company with
over $289 billion in assets. On October 9, 1997, at special meeting
of the shareholders of the ESS Trust, the shareholders approved the new
management agreement between EISI and the ESS Trust and each of the
new portfolio management agreements among EISI, the ESS Trust and
the portfolio managers of the ESS Trust. These agreements are
effective as of October 24, 1997.
This supplement should be retained with your PrimElite Prospectus.
PE-1-CLO 10/29/97
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