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<PAGE> <PAGE> File No. 33-79170, 811-8524 Filed under Rule 497(e) EQUITABLE LIFE INSURANCE COMPANY OF IOWA PROFILE AND PROSPECTUS SUPPLEMENT DECEMBER 10, 1999 to the Equi-Select/R/ Variable Annuity Profile and Prospectus Dated May 1, 1999 Effective February 1, 2000, Capital Guardian Trust Company will become Portfolio Manager to the Small Cap Series. This supplement should be retained with your Equitable Life Insurance Company of Iowa Profile and Prospectus. 106148 12/99 <PAGE> <PAGE>
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