Filed Pursuant to
Rule 497(e) under the
Securities Act of 1933
THE ALEXANDER HAMILTON LIFE INSURANCE COMPANY OF AMERICA
The Allegiance Variable Annuity
Supplement dated June 13, 1997
to the prospectus dated
May 1, 1997
The following information supersedes any contrary information contained in the
section of the Fund's prospectus entitled "MANAGEMENT".
Robert J. Manning currently is responsible for managing the Alexander Hamilton
High Yield Bond Fund's portfolio. Mr. Manning is a Senior Vice President of
Massachusetts Financial Services Company ("MFS") and has been employed by MFS
as a portfolio manager since 1984.
