Supplement dated November 6, 2000*
to the Prospectus dated May 1, 2000
of the American Express Platinum Variable AnnuitySM 43415 C (5/00)
Notice to all American Express Platinum Variable AnnuitySM contract holders:
Effective immediately, subaccount ECA investing in Wright Catholic Values Equity
Investment Portfolio, subaccount EIB investing in Wright International Blue Chip
Portfolio and subaccount EBC investing in Wright Selected Blue Chip Portfolio,
are no longer available as investment options under American Express Platinum
Variable Annuity.
If you have contract values that are invested in these subaccounts, you must
transfer the values to other investment options available under the contract. If
you do not transfer the values out of these subaccounts by December 1, 2000, any
money remaining in these subaccounts will be transferred to the subaccount
investing in AXPSM Variable Portfolio - Cash Management Fund.
Transfers involved in this transaction will not impact your other transfer
options available under the contract.
43415 (11/00)
* Valid until April 30, 2001.