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Prospectus Supplement* July 1, 1998 AEL Personal Portfolio Plus AEL Personal Portfolio 37301H (4/98) "The variable account" and "The funds" sections of the prospectus are revised as follows: If you purchase your annuity on or after July 1, 1998, the following funds and the subaccounts that invest in them are not available: Fund Subaccount GT Global Variable Latin America Fund ELA GT Global Variable New Pacific Fund EPA 37301-11 A (6/98) *Valid until further notice
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