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Prospectus Supplement
June 14, 1996*
AEL Personal PortfolioSM
37301 D (4/96)
The following table replaces the one found on page 8 in the section
titled, "Expense Summary" for the OCC Accumulation Trust Managed
Portfolio:
OCC
Accumulation
Trust Managed
Portfolio
You would pay the following expenses on a $1,000 investment,
assuming 5% annual return and full withdrawal at the end of each
time period:
1 year $ 96.43
3 years 131.19
5 years 168.56
10 years 294.28
You would pay the following expenses on the same investment
assuming no withdrawal or selection of an annuity payout plan at
the end of each time period:
1 year $ 26.43
3 years 81.19
5 years 138.56
10 years 294.28
u312 550725 (6/96)
*Valid until next prospectus update.
