VARIABLE ANNUITY ACCOUNT I OF AETNA INSURANCE CO OF AMERICA
24F-2NT, 1998-03-10
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                        U.S. SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C. 20549

                                         24F-2
                            Annual Notice of Securities Sold
                                 Pursuant to Rule 24f-2
                Read instructions at end of Form before preparing Form.
                                 Please print or type.

- --------------------------------------------------------------------------------
  1.    Name and address of issuer:
        Variable Annuity Account I of
        Aetna Insurance Company of America
        151 Farmington Avenue, Hartford, CT 06156
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  2.    The 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
        securities of the issuer, check the box but do not list series or
        classes): [ ]

        Interests in Variable Annuity Account I are sold under the contracts as
        described in the following registration statements: 33-59749, 33-80750
- --------------------------------------------------------------------------------
  3.    Investment Company Act File Number:
        811-8582
        Securities Act File Number:
        33-59749, 33-80750
- --------------------------------------------------------------------------------
  4(a). Last day of fiscal year for which this notice is filed: 
        December 31, 1997
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  4(b). Check box if this notice is being filed late (i.e., more than 90
        calendar days after the end of the issuer's fiscal year). (See
        Instruction A.2)                                                   [ ]

  Note: If the Form is being filed late, interest must be paid on the
        registration fee due.
- --------------------------------------------------------------------------------
  4(c)  Check box if this is the last time the issuer will be filing this form.
                                                                           [ ]
- --------------------------------------------------------------------------------
  5.    Calculation of registration fee:

        (i)    Aggregate sales price of                        $286,037,171.00
               securities sold during the fiscal
               year pursuant to section 24(f):
               
        (ii)   Aggregate price of securities    $14,079,297.00
               redeemed or repurchased during         
               the fiscal year.                        
               
        (iii)  Aggregate price of securities
               redeemed or repurchased during 
               any prior fiscal year ending no 
               earlier than October 11, 1995 
               that were not previously used to 
               reduce registration fees payable          
               to the Commission:               $         0.00
               
        (iv)   Total available redemption                      -$14,079,297.00
               credits [add Items 5(ii) 
               and 5(iii)]:
               
        (v)    Net sales - if Item 5(i) is                     $271,957,874.00
               greater than Item 5 (iv) 
               [subtract Item 5(iv) from 
               Item 5(i)].
               
        (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)]:
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<PAGE>


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        (vii)  Multiplier for determining
               registration fee 
               (See Instruction C.9):                    x         .000295
               
        (viii) Registration fee due [multiply
               Item 5(v) by Item 5(vii)] (enter "0"      = $     80,227.57
               if no fee is due):
- --------------------------------------------------------------------------------
  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: ______________ 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:
        __________
- --------------------------------------------------------------------------------

  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); +$_____________
- --------------------------------------------------------------------------------

  8.    Total of the amount of the registration fee due plus any interest due
        (line 5(viii) plus line 7))                             - $ 80,227.57

- --------------------------------------------------------------------------------

  9.    Date the registration fee and any interest payment was sent to the
        Commission's lockbox depository:                     March 9, 1998

               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) /s/ Deborah Koltenuk
                         --------------------
                         Deborah Koltenuk, Vice President and Treasurer,
                         -----------------------------------------------
                         Corporate Controller
                         --------------------

(Please print the name and title of the signing officer below the signature)

Date 3/9/98
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