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Prospectus Supplement - January 2, 1996*
AEL Personal PortfolioSM Variable Annuity Prospectus
(May 1, 1995) 37301 C (4/95)
On January 1, 1996, G.T. Capital Management, Inc. ("G.T. Capital"),
investment manager and administrator to the G.T. Global: Variable
New Pacific Fund and G.T. Global: Variable Latin America Fund
changed its name. Accordingly, all references to G.T. Capital
should be read as "LGT Asset Management. In addition, the name of
each Fund was modified to GT Global Variable New Pacific Fund and
GT Global Variable Latin America Fund, respectively." Accordingly,
all references to the Funds should be read as "GT Global Variable
New Pacific Fund" and "GT Global Variable Latin America Fund,
respectively."
37301-1 A (1/96)
*Destroy April 30, 1996
