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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 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
