(Citicorp Life Insurance Company Letterhead)
January 7, 2000
VIA EDGARLINK
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Citicorp Life Insurance Company
Citicorp Life Variable Annuity Separate Account
File No. 333-71379
Dear Commissioners:
On behalf of Citicorp Life Insurance Company (the "Company") and Citicorp
Life Variable Annuity Separate Account (the "Account"), we are transmitting
for filing under Rule 497(e) of the Securities Act of 1933, a supplement to
the form of Prospectus dated May 1, 1999 as supplemented September 24, 1999,
used after the effective date of the registration statement on Form N-4 for
the CitiElite product, offered by the Company through the Account.
If you have any questions, please contact the undersigned at (302) 672-5033.
Sincerely,
/s/ Eric S. Miller
Eric S. Miller
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SUPPLEMENT DATED JANUARY 7, 2000, 1999 TO PROSPECTUS DATED MAY 1, 1999 AS
SUPPLEMENTED SEPTEMBER 24, 1999
CitiElite Variable Annuity
The following information supplements the Prospectus Dated May 1, 1999 for
the Citicorp Life Variable Annuity Separate Account as supplemented September
24, 1999. Keep this supplement with the CitiElite Annuity Prospectus for
future reference.
Effective immediately, the Smith Barney Concert Investment Series Select
Emerging Growth Portfolio has been retitled the Smith Barney Concert
Investment Series Select Small Cap Portfolio. The Portfolio's
investment policy of investing in the common stocks of both small and medium
size companies has changed to investing in the stocks of small cap companies.
Also, the Portfolio's investment policy of investing in companies that have
market capitalizations in the lowest 25% of all publicly traded U.S.
companies has changed to investing in companies that have market
capitalizations in the lowest 20% of all publicly traded U.S. companies. The
Portfolio's investment objective will remain unchanged and the Portfolio will
continue to seek capital appreciation.
