SEPARATE ACCOUNT NO 45 OF EQUITABLE LIFE ASSUR SOCIETY OF US, N-4, 1999-03-01

SEPARATE ACCOUNT NO 45 OF EQUITABLE LIFE ASSUR SOCIETY OF US
N-4, 1999-03-01

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Registration No.
Registration No. 811-08754
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

-------------------------

FORM N-4

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [X]

Pre-Effective Amendment No. [ ]

Post-Effective Amendment No. [ ]

AND/OR

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [ ]

Amendment No. 16 [X]

(Check appropriate box or boxes)

-------------------------

SEPARATE ACCOUNT No. 45
of
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
(Exact Name of Registrant)

-------------------------

THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
(Name of Depositor)

1290 Avenue of the Americas, New York, New York 10104
(Address of Depositor's Principal Executive Offices)
Depositor's Telephone Number, including Area Code: (212) 554-1234

-------------------------

MARY P. BREEN
VICE PRESIDENT AND ASSOCIATE GENERAL COUNSEL
The Equitable Life Assurance Society of the United States
1290 Avenue of the Americas, New York, New York 10104
(Name and Address of Agent for Service)

-------------------------

Please send copies of all communications to:
PETER E. PANARITES
Freedman, Levy, Kroll & Simonds
1050 Connecticut Avenue, N.W., Suite 825
Washington, D.C. 20036
-------------------------

<PAGE>

Approximate Date of Proposed Public Offering: As soon as practicable
after effective date.

It is proposed that this filing will become effective (check
appropriate box):

[ ] Immediately upon filing pursuant to paragraph (b) of Rule 485 .

[ ] On _________________ pursuant to paragraph (b) of Rule 485.

[ ] 60 days after filing pursuant to paragraph (a)(1) of Rule 485.

[ ] On (date) pursuant to paragraph (a)(1) of Rule 485.

If appropriate, check the following box:

[ ] This post-effective amendment designates a new effective date for
previously filed post-effective amendment.

Title of Securities Being Registered:

Units of interest in Separate Account under variable annuity contracts.
<PAGE>

[Outside Wrapper]

EQUITABLE ACCUMULATOR(SM) SELECT
A COMBINATION VARIABLE AND FIXED DEFERRED ANNUITY CONTRACT
PROSPECTUS DATED MAY 1, 1999
[EQUITABLE LIFE AXA LOGO]

<PAGE>

EQUITABLE ACCUMULATOR(SM) SELECT
A combination variable and fixed deferred annuity Contract
May 1, 1999
[Equitable Life AXA Logo]

Please read and keep this prospectus for future reference. It contains
important information that you should know before purchasing, or taking any
other action under your Contract. Also, at the end of this prospectus you will
find attached the prospectuses for The Hudson River Trust and EQ Advisors Trust,
which contain important information about their Portfolios.

WHAT IS THE EQUITABLE ACCUMULATOR SELECT? The Equitable Accumulator Select
Contract is an annuity contract issued by THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES. It provides for the accumulation of retirement savings and
for income. The Contract offers income and death benefit protection. It also
offers a number of payout options. You invest to accumulate value on a
tax-deferred basis in one or more of our variable investment options or fixed
interest options ("investment options"). There is no withdrawal charge under the
Contract. However, we deduct a distribution charge calculated as a percentage of
the amounts in the variable investment options. We deduct this charge for the
life of the Contract. This Contract is not available in New York.

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------
VARIABLE INVESTMENT OPTIONS
- ----------------------------------------------------------------------------------------------------------------------
FIXED INCOME OPTIONS: EQUITY OPTIONS: ASSET ALLOCATION OPTIONS:
- ----------------------------------------------------------------------------------------------------------------------

<S> <C> <C> <C>
Domestic Fixed Income Domestic Equity International Equity o Alliance Conservative
- --------------------- --------------- -------------------- Investors
o Alliance Money o T. Rowe Price o Alliance Global o EQ/Putnam Balanced
Market Equity Income o Alliance International o EQ/Evergreen
o Alliance Intermediate o EQ/Putnam Growth & o T. Rowe Price Foundation
Government Securities Income Value International Stock o Alliance Growth
o Alliance Growth & Income o Morgan Stanley Emerging Investors
o MFS Growth with Markets Equity o Merrill Lynch
Aggressive Fixed Income Income o BT International Equity World Strategy
- ----------------------- o EQ/Evergreen Index
o Alliance High Yield o BT Equity 500 Index Aggressive Equity
o Merrill Lynch Basic -----------------
Value Equity o BT Small Company Index
o Alliance Common Stock o Alliance Aggressive Stock
o MFS Research o Warburg Pincus Small
Company Value
o Alliance Small Cap Growth
o MFS Emerging Growth
Companies
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

You may allocate amounts to any of the variable investment options. They,
in turn, invest in a corresponding securities portfolio ("Portfolio") of The
Hudson River Trust or EQ Advisors Trust. Your investment results in a variable
investment option will depend on the investment performance of the related
Portfolio. Each variable investment option is a subaccount of our Separate
Account No. 45.

FIXED INTEREST OPTIONS. You may allocate amounts to one or more fixed
interest options. These amounts will receive a fixed rate of interest for a
specified period. Interest is earned at a

<PAGE>

guaranteed rate we set. We make a market value adjustment (up or down) if you
make transfers or withdrawals from a fixed interest option before its maturity
date.

TYPES OF CONTRACTS. We offer the Contracts for use as:

o A nonqualified annuity ("NQ") for after o An annuity which is an investment vehicle
tax contributions only for a qualified defined contribution or defined
benefit plan ("QP")

o An individual retirement annuity o An Internal Revenue Code Section 403(b) tax
("IRA"), either Traditional IRA or Roth IRA sheltered annuity ("TSA")
</TABLE>

A contribution of at least $25,000 is required to purchase a Contract.

Registration statements relating to this offering have been filed with the
Securities and Exchange Commission ("SEC"). The statement of additional
information ("SAI") dated May 1, 1999, is a part of the registration statement.
The SAI is available free of charge. You may request one by writing to our
Processing Office or calling 1-800-789-7771. The SAI has been incorporated by
reference into this prospectus. This prospectus and the SAI can also be obtained
from the SEC's website at http://www.sec.gov. The table of contents for the SAI
appears at the back of this prospectus.

THE SEC HAS NOT APPROVED OR DISAPPROVED THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS IS ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE. THE CONTRACTS ARE NOT INSURED BY THE FDIC OR ANY OTHER AGENCY.
THEY ARE NOT DEPOSITS OR OTHER OBLIGATIONS OF ANY BANK AND ARE NOT BANK
GUARANTEED. THEY ARE SUBJECT TO INVESTMENT RISKS AND POSSIBLE LOSS OF PRINCIPAL.

- --------------------------------------------------------------------------------
COPYRIGHT 1999 THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES. ALL
RIGHTS RESERVED. ACCUMULATOR IS A SERVICE MARK, AND BASEBUILDER AND INCOME
MANAGER ARE REGISTERED SERVICE MARKS OF THE EQUITABLE LIFE ASSURANCE SOCIETY OF
THE UNITED STATES.

PROS AGTCS (5/99)

<PAGE>

CONTENTS OF THIS PROSPECTUS

PAGE IN
PROSPECTUS
<S> <C>

INDEX OF KEY WORDS AND PHRASES....................................................................................4
WHO IS EQUITABLE LIFE?............................................................................................5
HOW TO REACH US...................................................................................................5
EQUITABLE ACCUMULATOR SELECT AT A GLANCE -- KEY FEATURES..........................................................8
FEE TABLE........................................................................................................11
Examples......................................................................................................14
CONTRACT FEATURES AND BENEFITS...................................................................................15
How You Can Purchase and Contribute to Your Contract..........................................................15
Owner and Annuitant Requirements..............................................................................17
How You Can Make Your Contributions...........................................................................17
What Are Your Investment Options Under the Contract?..........................................................18
Portfolios of The Hudson River Trust..........................................................................18
Portfolios of EQ Advisors Trust...............................................................................20
Allocating Your Contributions.................................................................................23
Our baseBUILDER Option........................................................................................25
Guaranteed Minimum Death Benefit..............................................................................29
Your Right to Cancel Within a Certain Number of Days..........................................................30
DETERMINING YOUR CONTRACT'S VALUE................................................................................31
Your Account Value............................................................................................31
Your Contract's Value in the Variable Investment Options......................................................31
Your Contract's Value in the Fixed Interest Options...........................................................32
TRANSFERRING YOUR MONEY AMONG INVESTMENT OPTIONS.................................................................32
Transferring Your Account Value...............................................................................32
Rebalancing Your Account Value................................................................................33
ACCESSING YOUR MONEY.............................................................................................33
Withdrawing Your Account Value................................................................................33
How Withdrawals Are Taken From Your Account Value.............................................................36
How Withdrawals Affect Your Guaranteed Minimum Income Benefit and Guaranteed Minimum Death Benefit............36
Loans under TSA Contracts.....................................................................................37
Surrendering Your Contract to Receive its Cash Value..........................................................38
When To Expect Payments.......................................................................................39
Choosing Your Annuity Payout Options..........................................................................39
CHARGES AND EXPENSES.............................................................................................42
Charges That Equitable Life Deducts...........................................................................42
Charges That the Trusts Deduct................................................................................44
Group Or Sponsored Arrangements...............................................................................44
PAYMENT OF DEATH BENEFIT.........................................................................................45
Your Beneficiary and Payment of Benefit.......................................................................45
How Death Benefit Payment is Made.............................................................................47
Beneficiary Continuation Option for Traditional IRA Contracts.................................................47
</TABLE>

2
<PAGE>
<TABLE>
<S> <C>

TAX INFORMATION..................................................................................................48
Overview......................................................................................................48
Transfers among Investment Options............................................................................48
Taxation of Nonqualified Annuities............................................................................49
Special Rules for NQ Contracts Issued in Puerto Rico..........................................................51
Individual Retirement Arrangements ("IRAs")...................................................................51
Special Rules for Nonqualified Contracts in Qualified Plans...................................................63
Tax Sheltered Annuity Contracts (TSAs)........................................................................64
Federal and State Income Tax Withholding and Information Reporting............................................70
Impact of Taxes to Equitable Life.............................................................................72
MORE INFORMATION.................................................................................................72
About Our Separate Account No. 45.............................................................................72
About The Hudson River Trust and EQ Advisors Trust............................................................73
About Our Fixed Interest Options..............................................................................74
About the General Account.....................................................................................76
About Other Methods of Payment................................................................................76
Date and Prices at Which Contract Events Occur................................................................77
About Your Voting Rights......................................................................................78
About Our Year 2000 Progress..................................................................................79
About Legal Proceedings.......................................................................................79
About Our Independent Accountants.............................................................................79
Transfers of Ownership, Collateral Assignments, Loans, and Borrowing..........................................80
Distribution of the Contracts.................................................................................80
INVESTMENT PERFORMANCE...........................................................................................80
Benchmarks....................................................................................................81
Communicating Performance Data................................................................................83
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE..................................................................94
APPENDIX I: PURCHASE CONSIDERATIONS FOR QP CONTRACTS.............................................................95
APPENDIX II: MARKET VALUE ADJUSTMENT EXAMPLE.....................................................................96
APPENDIX III: GUARANTEED MINIMUM DEATH BENEFIT EXAMPLE...........................................................97
STATEMENT OF ADDITIONAL INFORMATION TABLE OF CONTENTS............................................................98
</TABLE>

"WE," "OUR" AND "US" REFERS TO EQUITABLE LIFE.

WHEN WE ADDRESS THE READER OF THIS PROSPECTUS WITH WORDS SUCH AS "YOU" AND
"YOUR," WE MEAN THE PERSON WHO HAS THE RIGHT OR RESPONSIBILITY THAT THE
PROSPECTUS IS DISCUSSING AT THAT POINT. THIS IS USUALLY THE CONTRACT OWNER.

WHEN WE USE THE WORD "CONTRACT" IT ALSO INCLUDES CERTIFICATES WHICH ARE ISSUED
UNDER GROUP CONTRACTS IN SOME STATES. ALSO, TO MAKE THIS PROSPECTUS EASIER TO
READ, WE SOMETIMES USE DIFFERENT WORDS THAN IN THE CONTRACT. YOUR EQUITABLE LIFE
ASSOCIATE CAN PROVIDE FURTHER EXPLANATION ABOUT YOUR CONTRACT.

3
<PAGE>

INDEX OF KEY WORDS AND PHRASES
- --------------------------------------------------------------------------------

This index should help you locate more information on the terms used in
this prospectus.

PAGE IN PAGE IN
TERM PROSPECTUS TERM PROSPECTUS
- ---- ---------- ---- ----------

<S> <C> <C> <C>
account value...........................31 investment options..........................18
annuitant...............................15 loan reserve account........................38
baseBUILDER.............................25 market value adjustment.....................23
beneficiary.............................45 maturity value..............................22
benefit base............................26 NQ..........................................Cover
business day............................77 payout option...............................39
cash value..............................31 Portfolio...................................Cover
Contract Date...........................24 Processing Office...........................5
Contract Year...........................25 QP..........................................Cover
contributions...........................15 Rebalancing.................................32
ERISA...................................37 Required Beginning Date.....................55
fixed interest options................Cover Roth IRA....................................Cover
guaranteed minimum income SEC.........................................Cover
benefit.............................26 SAI.........................................Cover
guaranteed minimum TOPS........................................5
death benefit.......................29 Traditional IRA.............................Cover
guaranteed period amount................22 TSA.........................................Cover
guaranteed rate.........................22 Unit........................................31
IRS.....................................48 variable investment options.................Cover
</TABLE>

<PAGE>

WHO IS EQUITABLE LIFE? We are The Equitable Life Assurance Society of the United
States ("Equitable Life"), a stock life insurance company. We are a New York
corporation and have been doing business since 1859. Equitable Life is a wholly
owned subsidiary of The Equitable Companies Incorporated, whose majority
shareholder is AXA, a French insurance holding company. As a majority
shareholder, and under its other arrangements with Equitable Life and Equitable
Life's parent, AXA exercises significant influence over the operations and
capital structure of Equitable Life and its parent. Equitable Life's related
companies, however, have no legal responsibility to pay amounts that Equitable
Life owes under the Contract.

We managed approximately $347.5 billion in assets as of December 31, 1998. For
over 100 years we have been among the largest insurance companies in the United
States. We are licensed to sell life insurance and annuities in all fifty
states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Our
home office is located at 1290 Avenue of the Americas, New York, N.Y. 10104.

HOW TO REACH US. You may communicate with our Processing Office as listed below
for any of the following purposes:

o FOR CONTRIBUTIONS SENT BY REGULAR MAIL: o FOR CONTRIBUTIONS SENT BY EXPRESS DELIVERY:
Equitable Accumulator Select Equitable Accumulator Select
P.O. Box 13014 c/o First Chicago National Processing Center
Newark, NJ 07188-0014 300 Harmon Meadow Boulevard, 3rd Floor
Attn: Box 13014
Secaucus, NJ 07094

o FOR ALL OTHER COMMUNICATIONS (E.G., o FOR ALL OTHER COMMUNICATIONS (E.G.,
REQUESTS FOR TRANSFERS, WITHDRAWALS, REQUESTS FOR TRANSFERS, WITHDRAWALS,
OR REQUIRED NOTICES) SENT BY REGULAR OR REQUIRED NOTICES) SENT BY EXPRESS
MAIL: DELIVERY:
Equitable Accumulator Select Equitable Accumulator Select
P.O. Box 1547 200 Plaza Drive, 4th Floor
Secaucus, NJ 07096-1547 Secaucus, NJ 07094
</TABLE>

o TOLL-FREE TELEPHONE SERVICE: You may reach us toll-free by calling
1-800-789-7771 for a recording of:

o Daily unit values for the variable investment options.

o Guaranteed rates for the fixed interest options.

o TELEPHONE OPERATED PROGRAM SUPPORT ("TOPS") SYSTEM

TOPS is designed to provide you with up-to-date information via touch-tone
telephone. You can obtain information on:

o Your current account value;

5
<PAGE>

o Your current allocation percentages;

o The number of units you have in the variable investment options;

o Guaranteed rates for the fixed interest options; and

o To change your allocation percentages and/or transfer among the
investment options.

TOPS is normally available seven days a week, 24 hours a day, by calling
toll-free 1-888-909-7770. Of course, for reasons beyond our control, the service
may sometimes be unavailable.

We have established procedures to reasonably confirm that the instructions
communicated by telephone are genuine. For example, we will require certain
personal identification information before we will act on telephone instructions
and we will provide written confirmation of your transfers. We will not be
liable for following telephone instructions we reasonably believe to be genuine.

BY INTERNET: You can also access information about your Contract on the
Internet. Please visit our website at http://www.equitable.com, and click on
EQAccess.

During our regular business hours you may also use our toll-free number
(1-800-789-7771) to speak with one of our customer service representatives. Our
customer service representatives are available on any business day from 8:30
a.m. until 5:30 p.m., Eastern time.

---------------------

You should send all contributions, notices, and requests to our Processing
Office at the address above.

WE REQUIRE THAT THE FOLLOWING TYPES OF COMMUNICATIONS BE ON SPECIFIC FORMS WE
PROVIDE FOR THAT PURPOSE:

(1) cancellation of your Roth IRA contract and return to a Traditional IRA
contract;
(2) election of the automatic investment program;
(3) election of the rebalancing program;
(4) to obtain a personal identification number required for TOPS;
(5) requests for loans under TSA Contracts;
(6) spousal consent for loans under TSA Contracts;
(7) tax withholding election; and
(8) beneficiary continuation option election.

WE ALSO HAVE SPECIFIC FORMS THAT WE RECOMMEND YOU USE FOR THE FOLLOWING TYPES OF
REQUESTS:

(1) address changes;
(2) beneficiary changes;
(3) transfers between investment options;
(4) withdrawal requests;

<PAGE>

(5) Contract surrender; and
(6) requests to exercise your guaranteed minimum income benefit.

You must sign and date all these requests. Any written request that is not
on one of our forms must include your name and your Contract number along
with adequate details about the notice you wish to give or the action you
wish us to take.

TO CANCEL OR CHANGE ANY OF THE FOLLOWING WE REQUIRE WRITTEN NOTIFICATION
GENERALLY AT LEAST SEVEN CALENDAR DAYS BEFORE THE NEXT SCHEDULED TRANSACTION:

(1) automatic investment program;
(2) general dollar cost averaging;
(3) rebalancing;
(4) special dollar cost averaging;
(5) substantially equal withdrawals;
(6) systematic withdrawals; and
(7) the date annuity payments are to begin.

SIGNATURES: The proper person to sign forms, notices and requests would normally
be the owner. If there are joint owners both must sign. Any irrevocable
beneficiary or assignee that we have on our records also must sign certain types
of requests.

7
<PAGE>

EQUITABLE ACCUMULATOR SELECT AT A GLANCE -- KEY FEATURES

PROFESSIONAL Equitable Accumulator Select's variable investment
INVESTMENT options invest in 27 different Portfolios managed
MANAGEMENT by professional investment advisers.
- --------------------------------------------------------------------------------

FIXED INTEREST o 10 fixed interest options with maturities ranging
OPTIONS from approximately 1 to 10 years.

o Each fixed interest option offers a guarantee of
principal and interest rate if you hold it to
maturity.

o Principal guarantees.

-If you make withdrawals or transfers from the
fixed interest options prior to maturity, there
will be a market value adjustment due to
differences in interest rates. This may increase
or decrease your value in the fixed interest
options.

- --------------------------------------------------------------------------------

TAX ADVANTAGES o ON EARNINGS No tax on any dividends, interest
INSIDE THE or capital gains until you
CONTRACT make withdrawals from your
Contract. However, all earnings
will be taxed at your ordinary
income tax rate when they are
withdrawn or distributed.

o ON TRANSFERS
INSIDE THE
CONTRACT No tax on transfers among
investment options.

- --------------------------------------------------------------------------------

BASEBUILDER(R) baseBUILDER combines a guaranteed minimum income
PROTECTION benefit with a guaranteed minimum death benefit. This
optional feature provides income protection for you
while the annuitant lives, as well as a death benefit
for the beneficiary should the annuitant die.

- --------------------------------------------------------------------------------

CONTRIBUTION AMOUNTS o INITIAL MINIMUM: $25,000
o ADDITIONAL MINIMUM: $1,000
$100 monthly and $300
quarterly under our
automatic investment program
(NQ Contracts only)
Maximum investment limitations may apply.

- --------------------------------------------------------------------------------

<PAGE>

- --------------------------------------------------------------------------------

ACCESS TO YOUR o Lump sum withdrawals
MONEY o Several withdrawal options on a periodic basis
o Loans under TSA Contracts
o Contract surrender

You may incur income tax and a tax penalty.

- --------------------------------------------------------------------------------

PAYOUT ALTERNATIVES o Traditional annuity payout options
o Income Manager(R) payout annuity options

- --------------------------------------------------------------------------------

ADDITIONAL FEATURES o Dollar cost averaging
o Automatic investment program
o Account value rebalancing (quarterly,
semiannually and annually)
o Unlimited free transfers

- --------------------------------------------------------------------------------

FEES AND o 1.60% annual rate on assets invested in variable
CHARGES investment options for mortality and expense
risks, administration, and distribution charges.

o Annual 0.30% benefit base charge for the optional
baseBUILDER benefit. The benefit base is described
under "Your Guaranteed Minimum Income Benefit
under baseBUILDER." No additional charge if you
want a guaranteed minimum death benefit only.

o No sales charge deducted at the time you make
contributions, no withdrawal charge, and no annual
contract fee.

o Annual expenses of The Hudson River Trust and EQ
Advisors Trust Portfolios are calculated as a
percentage of the average daily net assets
invested in each Portfolio. These expenses include
management and advisory fees ranging from 0.25% to
1.15% annually, 12b-1 fees of 0.25% and other
expenses.

- --------------------------------------------------------------------------------

ANNUITANT ISSUE NQ: 0-85 IRA: 20-85
AGES QP: 20-70 TSA: 20-85

- --------------------------------------------------------------------------------

THE ABOVE IS NOT A COMPLETE DESCRIPTION OF ALL MATERIAL PROVISIONS OF THE
CONTRACT. IN SOME CASES RESTRICTIONS OR EXCEPTIONS APPLY. ALSO, ALL FEATURES OF
THE CONTRACT ARE NOT NECESSARILY AVAILABLE IN YOUR STATE OR AT CERTAIN AGES.

<PAGE>

For more detailed information we urge you to read the contents of this
prospectus, as well as your Contract. Please feel free to speak with your
Equitable Life associate, or call us, if you have any questions.

<PAGE>

FEE TABLE

The fee table below will help you understand the various charges and
expenses that apply to your Contract. The table reflects charges you will
directly incur under the Contract, as well as charges and expenses of the
Portfolios that you will bear indirectly. Charges for taxes, such as state or
local premium taxes, may also apply. Each of the charges and expenses is more
fully described under "Charges and Expenses" later in this prospectus. For a
complete description of Portfolio charges and expenses, please see the attached
prospectuses for The Hudson River Trust and EQ Advisors Trust.

The fixed interest options are not covered by the fee table and examples. A
market value adjustment (up or down) may apply as a result of a withdrawal,
transfer or surrender of amounts from a fixed interest option.

CHARGES WE DEDUCT FROM YOUR VARIABLE INVESTMENT OPTIONS
EXPRESSED AS AN ANNUAL PERCENTAGE OF DAILY NET ASSETS
- -----------------------------------------------------

MORTALITY AND EXPENSE RISKS(1) 1.10%
ADMINISTRATION(2) 0.25%
DISTRIBUTION(3) 0.25%
-----
TOTAL ANNUAL EXPENSES 1.60%
=====

CHARGES WE DEDUCT FROM YOUR ACCOUNT VALUE EACH YEAR IF YOU ELECT THE OPTIONAL
- -----------------------------------------------------------------------------
BENEFIT
- -------

BASEBUILDER BENEFIT CHARGE (calculated as a percentage of the
benefit base. Deducted annually on each Contract Date anniversary)(4) 0.30%

THE HUDSON RIVER TRUST AND EQ ADVISORS TRUST ANNUAL EXPENSES
(AS A PERCENTAGE OF AVERAGE DAILY NET ASSETS IN EACH PORTFOLIO)
<TABLE>
<CAPTION>
TOTAL
INVESTMENT OTHER ANNUAL
MANAGEMENT & EXPENSES(7) EXPENSES(5)(7)
ADVISORY FEES 12B-1 FEE(5) (AS LIMITED) (AS LIMITED)
------------- ------------ ------------ ------------
THE HUDSON RIVER TRUST PORTFOLIOS
<S> <C> <C> <C> <C>

Alliance Aggressive Stock(6) 0.54% 0.25%

Alliance Common Stock(6) 0.37% 0.25%

Alliance Conservative Investors(6) 0.48% 0.25%

Alliance Global(6) 0.65% 0.25%

Alliance Growth & Income(6) 0.55% 0.25%

Alliance Growth Investors(6) 0.52% 0.25%

Alliance High Yield(6) 0.60% 0.25%

Alliance Intermediate Government
Securities(6) 0.50% 0.25%

Alliance International(6) 0.90% 0.25%
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
TOTAL
INVESTMENT OTHER ANNUAL
MANAGEMENT & EXPENSES(7) EXPENSES(5)(7)
ADVISORY FEES 12B-1 FEE(5) (AS LIMITED) (AS LIMITED)
------------- ------------ ------------ ------------
THE HUDSON RIVER TRUST PORTFOLIOS
<S> <C> <C> <C> <C>
Alliance Money Market(6) 0.35% 0.25%

Alliance Small Cap Growth(6) 0.90% 0.25%

EQ ADVISORS TRUST PORTFOLIOS

BT Equity 500 Index(7) 0.25% 0.25%

BT International Equity Index(7) 0.35% 0.25%

BT Small Company Index(7) 0.25% 0.25%

EQ/Evergreen(7) 0.75% 0.25%

EQ/Evergreen Foundation(7) 0.63% 0.25%

EQ/Putnam Balanced(7) 0.55% 0.25%

EQ/Putnam Growth & Income
Value(7) 0.55% 0.25%

MFS Emerging Growth Companies(7) 0.55% 0.25%

MFS Growth with Income(7) 0.55% 0.25%

MFS Research(7) 0.55% 0.25%

Merrill Lynch Basic Value Equity(7) 0.55% 0.25%

Merrill Lynch World Strategy(7) 0.70% 0.25%

Morgan Stanley Emerging Markets
Equity(7) 1.15% 0.25%

T. Rowe Price Equity Income(7) 0.55% 0.25%

T. Rowe Price International Stock(7) 0.75% 0.25%

Warburg Pincus Small Company
Value(7) 0.65% 0.25%
</TABLE>

- --------------------

(1) A portion of this charge is for providing the guaranteed minimum death
benefit.

(2) We reserve the right to increase this charge to a maximum annual rate of
0.35%.

(3) The deduction of this charge is subject to regulatory limits.

(4) The benefit base is described under "Your Guaranteed Minimum Income Benefit
under baseBUILDER."

(5) Portfolio shares are all subject to fees imposed under distribution plans
(the "Rule 12b-1 Plans" ) adopted by The Hudson River Trust and EQ Advisors
Trust pursuant to Rule 12b-1 under the Investment Company Act of 1940, as
amended. The 12b-1 fee will not be increased for the life of the Contracts.
The Rule 12b-1 Plan for the Alliance Small Cap Growth Portfolio provides
that Equitable Distributors, Inc. ("EDI") will receive an annual fee not to

12
<PAGE>

exceed the lesser of (a) 0.25% of the average daily net assets of the
Portfolio attributable to Class IB shares and (b) an amount that, when
added to certain other expenses of the Class IB shares, would result in the
ratio of expenses to average daily net assets attributable to Class IB
shares equaling 1.20%.

(6) The investment management and advisory fees for each Portfolio of The
Hudson River Trust may vary from year to year depending upon the average
daily net assets of the respective Portfolio. The maximum investment
management and advisory fees, however, cannot be increased without a vote
of that Portfolio's shareholders. See the prospectus for The Hudson River
Trust. The other direct operating expenses will also fluctuate from year to
year depending on actual expenses.

(7) The maximum investment management and advisory fees for each Portfolio of
EQ Advisors Trust cannot be increased without a vote of that Portfolio's
shareholders. See the prospectus for EQ Advisors Trust. The amounts shown
as "Other Expenses" will fluctuate from year to year depending on actual
expenses. However, EQ Financial Consultants, Inc. ("EQ Financial"), EQ
Advisors Trust's manager, has entered into an expense limitation agreement
with respect to each Portfolio. Under this agreement EQ Financial has
agreed to waive or limit its fees and assume other expenses. Under the
expense limitation agreement, total annual operating expenses of each
Portfolio (other than interest, taxes, brokerage commissions, capitalized
expenditures, extraordinary expenses, and 12b-1 fees) are limited for the
average daily net assets of each Portfolio as follows: BT Equity 500 Index
- 0.30%; BT Small Company Index - 0.35%; BT International Equity Index -
0.55%; MFS Research, MFS Emerging Growth Companies, Merrill Lynch Basic
Value Equity, EQ/Putnam Growth & Income Value, and T. Rowe Price Equity
Income - 0.60%; EQ/Putnam Balanced - 0.65%; Warburg Pincus Small Company
Value - 0.75%; MFS Growth with Income - 0.85%; EQ/Evergreen Foundation,
Merrill Lynch World Strategy, and T. Rowe Price International Stock -
0.95%; EQ/Evergreen - 1.05%; Morgan Stanley Emerging Markets Equity -
1.50%.

Absent the expense limitation, the "Other Expenses" for 1998 on an
annualized basis for each of the following Portfolios would have been as
follows: EQ/Putnam Growth & Income Value - ____%; MFS Research - ____%; MFS
Emerging Growth Companies - ____%; Merrill Lynch Basic Value Equity -
____%; and Merrill Lynch World Strategy - ____%; Morgan Stanley Emerging
Markets Equity - ____%; EQ/Putnam Balanced - ____%;. BT Equity 500 Index -
____%; BT Small Company Index - ____%; BT International Equity Index -
____%;. T. Rowe Price Equity Income - ____%; T. Rowe Price International
Stock - ____%; Warburg Pincus Small Company Value - ____%. For the
following Portfolios, which had initial seed capital invested on December
31, 1998, the "Other Expenses" for 1999, absent the expense limitation, are
estimated to be as follows: EQ/Evergreen and MFS Growth with Income -
0.78%; EQ/Evergreen Foundation - 0.85%.

Each Portfolio may at a later date make a reimbursement to EQ Financial for
any of the management fees waived or limited and other expenses assumed and
paid by EQ Financial pursuant to the expense limitation agreement provided
that, among other things, such Portfolio has reached sufficient size to
permit such reimbursement to be made and provided that the Portfolio's
current annual operating expenses do not exceed the operating expense limit
determined for such Portfolio.

We also offer an Equitable Accumulator contract with a withdrawal charge but no
distribution charge, and with different guaranteed rates for the fixed interest
options. A current prospectus for this other Equitable Accumulator contract may
be obtained from your Equitable Life associate.

13
<PAGE>

EXAMPLES
- --------

The examples below show the expenses that a hypothetical contract owner (who has
elected baseBUILDER) would pay in the two situations illustrated. We assume a
$1,000 contribution is invested in one of the variable investment options listed
and a 5% annual return is earned on assets in that option.(1)

These examples should not be considered a representation of past or future
expenses for each option. Actual expenses may be greater or less than those
shown. Similarly, the annual rate of return assumed in the examples is not an
estimate or guarantee of future investment performance.

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------

AT THE END OF EACH PERIOD SHOWN, THE EXPENSES WOULD BE:
-----------------------------------------------------------------------
1 YEAR 3 YEARS 5 YEARS 10 YEARS
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
THE HUDSON RIVER TRUST OPTIONS
- ------------------------------
Alliance Aggressive Stock
Alliance Common Stock
Alliance Conservative Investors
Alliance Global
Alliance Growth & Income
Alliance Growth Investors
Alliance High Yield
Alliance Intermediate Government
Securities
Alliance International
Alliance Money Market
Alliance Small Cap Growth

EQ ADVISORS TRUST OPTIONS
- -------------------------
BT Equity 500 Index
BT International Equity Index
BT Small Company Index
EQ/Evergreen
EQ/Evergreen Foundation
EQ/Putnam Balanced
EQ/Putnam Growth & Income
Value
MFS Emerging Growth
Companies
MFS Growth with Income
MFS Research
Merrill Lynch Basic Value
Equity
Merrill Lynch World Strategy
Morgan Stanley Emerging
Markets Equity
T. Rowe Price Equity Income
T. Rowe Price International
Stock
Warburg Pincus Small Company
Value
</TABLE>

- --------------------

(1) The amount accumulated from the $1,000 contribution could not be paid in
the form of an annuity at the end of any of the periods shown in the
examples. This is because if the amount applied to purchase an annuity is
less than $2,000, or the initial payment is less than $20, we may pay the
amount to you in a single sum instead of as payments under an annuity
payout option. See "Accessing Your Money."

<PAGE>

CONTRACT FEATURES AND BENEFITS

HOW YOU CAN PURCHASE AND CONTRIBUTE TO YOUR CONTRACT

You may purchase and contribute to a Contract by making payments to us we
call "contributions." We require a minimum initial contribution of $25,000 for
you to purchase a Contract. You may make additional contributions of at least
$1,000 each, subject to limitations noted below. The following table summarizes
our rules regarding contributions to your Contract. All ages in the table refer
to the age of the annuitant named in the Contract.

[Sidebar: The "annuitant" is the person who is the measuring life for
determining Contract benefits. The annuitant is not necessarily the contract
owner.]

- ----------------------------------------------------------------------------------------------------------------------

Traditional IRA 20 through 85 o Rollovers from a qualified plan. o No additional
rollover or direct
o Rollovers from a TSA. transfer
contributions after
o Rollovers from another age 86.
traditional individual retirement
arrangement. o Contributions
after age 70 1/2 must
o Direct custodian-to-custodian be net of required
transfer from another traditional minimum
individual retirement arrangement. distributions.

o "Regular" IRA contributions are
not permitted.

- ----------------------------------------------------------------------------------------------------------------------

15
<PAGE>

Roth IRA 20 through 85 o Rollovers from another Roth IRA. o No additional
rollover or direct
o Conversion rollovers from a transfer
Traditional IRA. contributions after
age 86.
o Direct transfers from another
Roth IRA. o Conversion
rollovers after age
o "Regular" after-tax 70 1/2 must be net of
contributions are not permitted. required minimum
distributions for
the Traditional IRA
you are rolling over.

o You cannot roll over
funds from a
Traditional IRA if your
adjusted gross income
is $100,000 or more.

- ----------------------------------------------------------------------------------------------------------------------

QP 20 through 70 o Only transfer contributions o Regular ongoing
from an existing qualified plan payroll
trust as a change of investment contributions are
vehicle under the plan. not permitted.

o The plan must be qualified o No additional
under Section 401(a) of the transfer
Internal Revenue Code. contributions after
age 71.
o For 401(k) plans, transferred
contributions may only include
employee pre-tax contributions.

o For defined benefit plans,
employee contributions are not
permitted.

- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

AVAILABLE FOR
ANNUITANT ISSUE LIMITATIONS ON
CONTRACT TYPE AGES SOURCE OF CONTRIBUTIONS CONTRIBUTIONS
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
TSA 20 through 85 o Rollovers from another TSA o No additional
contract or arrangement. rollover or direct
transfer
o Rollovers from a Traditional contributions after
IRA which was a "conduit" for TSA age 86.
funds previously rolled over.
o Contributions
o Direct transfers from another after age 70 1/2 must
contract or arrangement under be net of required
Section 403(b) of the Internal minimum
Revenue Code, complying with IRS distributions.
Revenue Ruling 90-24.
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

See "Tax Information" for a more detailed discussion of sources of
ontributions and certain contribution limitations. We may refuse to accept any
contribution if the sum of all contributions under all Equitable Accumulator
Contracts with the same annuitant would then total more than $1,500,000. We
reserve the right to limit aggregate contributions made after the first Contract
Year to 150% of first-year contributions. We may also refuse to accept any
contribution if the sum of all contributions under all Equitable Life annuity
accumulation contracts that you own would then total more than $2,500,000.

OWNER AND ANNUITANT REQUIREMENTS

Under NQ Contracts, the annuitant can be different than the owner. A joint
owner may also be named. Only natural persons can be joint owners. This means
that an entity such as a corporation cannot be a joint owner.

Under IRA and TSA Contracts, the owner and annuitant must be the same
person.

Under QP Contracts, the owner must be the trustee of the qualified plan and
the annuitant must be the plan participant/employee. See Appendix I for more
information on QP Contracts.

HOW YOU CAN MAKE YOUR CONTRIBUTIONS

Except as noted below, contributions must be by check drawn on a bank in
the U.S. clearing through the Federal Reserve System, in U.S. dollars, and made
payable to Equitable Life. We do not accept third party checks endorsed to us
except for rollover contributions, tax-free exchanges or trustee checks that
involve no refund. All checks are subject to collection. We reserve the right to
reject a payment if it is received in an unacceptable form.

<PAGE>

Your initial contribution must generally be accompanied by an application
and any other form we need to process the payments. If any information is
missing or unclear, we will try to obtain that information. If we are unable to
obtain all of the information we require within five Business Days, we will
inform the Equitable Life associate submitting the application, on your behalf.
We will then return the contribution to you unless you specifically direct us to
keep your contribution until we receive the required information.

[Sidebar: Our "Business Day" generally is any day on which the New York
Stock Exchange is open for trading.]

SECTION 1035 EXCHANGES

You may apply the value of an existing nonqualified deferred annuity
contract (or life insurance or endowment contract) to purchase an Equitable
Accumulator Select NQ Contract in a tax-free exchange if you follow certain
procedures as shown in the form that we require you to use. Also see "Tax
Information" later in this prospectus.

WHAT ARE YOUR INVESTMENT OPTIONS UNDER THE CONTRACT?

Your investment options are the variable investment options and the fixed
interest options.

VARIABLE INVESTMENT OPTIONS

Your investment results in any one of the 27 variable investment options
will depend on the investment performance of the underlying Portfolios. Listed
below are the currently available Portfolios, their investment objectives, and
their advisers.

[Sidebar: You can choose among 27 variable investment options.]

<TABLE>
<CAPTION>
PORTFOLIOS OF THE HUDSON RIVER TRUST

- ----------------------------------------------------------------------------------------------------------------------
PORTFOLIO NAME OBJECTIVE ADVISER
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>

Alliance Aggressive Stock Long-term growth of capital Alliance Capital Management L.P.

- ----------------------------------------------------------------------------------------------------------------------

Alliance Common Stock Long-term growth of capital and Alliance Capital Management L.P.
increasing income

- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

18
<PAGE>

PORTFOLIOS OF THE HUDSON RIVER TRUST

Alliance Conservative Investors High total return without, in the Alliance Capital Management L.P.
adviser's opinion, undue risk to
principal

- ----------------------------------------------------------------------------------------------------------------------

Alliance Global Long-term growth of capital Alliance Capital Management L.P.

- ----------------------------------------------------------------------------------------------------------------------

Alliance Growth & Income High total return through a Alliance Capital Management L.P.
combination of current income and
capital appreciation

- ----------------------------------------------------------------------------------------------------------------------

Alliance Growth Investors High total return consistent with Alliance Capital Management L.P.
the adviser's determination of
reasonable risk

- ----------------------------------------------------------------------------------------------------------------------

Alliance High Yield High return by maximizing current Alliance Capital Management L.P.
income and, to the extent
consistent with that objective,
capital appreciation

- ----------------------------------------------------------------------------------------------------------------------

Alliance Intermediate Government High current income consistent Alliance Capital Management L.P.
Securities with relative stability of
principal

- ----------------------------------------------------------------------------------------------------------------------

Alliance International Long-term growth of capital Alliance Capital Management L.P.

- ----------------------------------------------------------------------------------------------------------------------

Alliance Money Market High level of current income while Alliance Capital Management L.P.
preserving assets and maintaining
liquidity

- ----------------------------------------------------------------------------------------------------------------------

Alliance Small Cap Growth Long-term growth of capital Alliance Capital Management L.P.

- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

19
<PAGE>

<TABLE>
<CAPTION>
PORTFOLIOS OF EQ ADVISORS TRUST

- ----------------------------------------------------------------------------------------------------------------------

PORTFOLIO NAME OBJECTIVE ADVISER
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>

BT Equity 500 Index Replicate as closely as possible Bankers Trust Company
(before deduction of Portfolio
expenses) the total return of the
Standard & Poor's 500 Composite
Stock Price Index

- ----------------------------------------------------------------------------------------------------------------------

BT International Equity Index Replicate as closely as possible Bankers Trust Company
(before deduction of Portfolio
expenses) the total return of the
Morgan Stanley Capital
International Europe, Australia,
Far East Index

- ----------------------------------------------------------------------------------------------------------------------

BT Small Company Index Replicate as closely as possible Bankers Trust Company
(before deduction of Portfolio
expenses) the total return of the
Russell 2000 Index

- ----------------------------------------------------------------------------------------------------------------------

EQ/Evergreen Capital appreciation Evergreen Asset
Management Corp.

- ----------------------------------------------------------------------------------------------------------------------

EQ/Evergreen Foundation In order of priority, reasonable Evergreen Asset
income, conservation of capital Management Corp.
and capital appreciation

- ----------------------------------------------------------------------------------------------------------------------

EQ/Putnam Balanced Balanced investment Putnam Investment Management, Inc.

- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

20
<PAGE>

PORTFOLIOS OF EQ ADVISORS TRUST

EQ/Putnam Growth Capital growth. Current income is Putnam Investment Management, Inc.
& Income Value a secondary objective

- ----------------------------------------------------------------------------------------------------------------------

MFS Emerging Growth Long-term capital growth Massachusetts Financial Services Company
Companies

- ----------------------------------------------------------------------------------------------------------------------

MFS Growth with Income Reasonable current income and Massachusetts Financial Services Company
long-term growth of capital and
income

- ----------------------------------------------------------------------------------------------------------------------

MFS Research Long-term growth of capital and Massachusetts Financial Services Company
future income

- ----------------------------------------------------------------------------------------------------------------------

Merrill Lynch Basic Value Equity Capital appreciation and Merrill Lynch Asset Management, L.P.
secondarily, income

- ----------------------------------------------------------------------------------------------------------------------

Merrill Lynch World Strategy High total investment return Merrill Lynch Asset Management, L.P.

- ----------------------------------------------------------------------------------------------------------------------

Morgan Stanley Emerging Long-term capital appreciation Morgan Stanley Asset
Markets Equity Management Inc.

- ----------------------------------------------------------------------------------------------------------------------

T. Rowe Price Equity Income Substantial dividend income and T. Rowe Price Associates, Inc.
also capital appreciation

- ----------------------------------------------------------------------------------------------------------------------

T. Rowe Price International Stock Long-term growth of capital Rowe Price-Fleming International, Inc.

- ----------------------------------------------------------------------------------------------------------------------

Warburg Pincus Small Company Value Long-term capital appreciation Warburg Pincus Asset Management, Inc.

- ----------------------------------------------------------------------------------------------------------------------
</TABLE>

21
<PAGE>

Other important information about the Portfolios is included in the
separate prospectuses for The Hudson River Trust and EQ Advisors Trust attached
at the end of this prospectus.

FIXED INTEREST OPTIONS

We offer fixed interest options with maturity dates ranging from one to ten
years. You can allocate your contributions to one or more of these fixed
interest options. These amounts become part of our general account assets. They
will accumulate interest at "guaranteed rates." The total amount you allocate to
and accumulate in each fixed interest option is called the "guaranteed period
amount." The fixed interest options are not available in Contracts issued in
Maryland.

[Sidebar: Fixed interest options ranging from one to ten years to
maturity.]

The guaranteed rate you will receive for each guaranteed period amount is
the interest rate in effect for new contributions allocated to that fixed
interest option on the date we apply your contribution. If you make any
withdrawals or transfers from a fixed interest option before the maturity date,
we will make a market value adjustment that may increase or decrease your
guaranteed period amount. We discuss the market value adjustment below, and in
greater detail later in this prospectus under "More Information."

On the maturity date of your fixed interest option, your guaranteed period
amount, assuming you have not made any withdrawals or transfers, will equal your
contribution to that fixed interest option plus interest to the date of
calculation. This is the fixed interest option's maturity value. On the maturity
date, your guaranteed period amount and maturity value are the same. Prior to
maturity, the current value we will report for your guaranteed period amounts
will reflect the market value adjustment that we would make if you were to
withdraw all of your guaranteed period amounts on the date of the report.

FIXED INTEREST OPTIONS AND MATURITY DATES. We currently offer fixed
interest options ending on February 15th for each of the maturity years 2000
through 2009. Not all of these fixed interest options will be available for
annuitant ages 76 and older. See "Allocating Your Contributions," below. As
fixed interest options expire, we expect to add maturity years so that generally
10 are available at any time.

We will not accept allocations to a fixed interest option if on the date
the contribution is to be applied:

o the fixed interest option's maturity date is within the current
calendar year;

o the guaranteed rate is 3%; or

o for annuitants ages 76 or older, the fixed interest option's maturity
date is later than the February 15th immediately following the date
annuity payments are to begin.

OPTIONS AT MATURITY DATE. We will notify you on or before December 31st of
the year before each of your fixed interest options is scheduled to mature. At
that time, you may choose

22
<PAGE>

to have one of the following options take place on the maturity date, as long as
none of the conditions listed above or in "Allocating Your Contributions," below
would apply:

(a) transfer the maturity value into another available fixed interest
option, or into any of the variable investment options; or

(b) withdraw the maturity value.

If we do not receive your choice on or before the fixed interest option's
maturity date, we will automatically transfer your maturity value into the fixed
interest option that will mature next.

MARKET VALUE ADJUSTMENT. If you make any withdrawals, (including transfers,
surrender of your Contract or deductions we make for charges), from a fixed
interest option before it matures we will make a market value adjustment, which
will increase or decrease any guaranteed period amount you have left in that
fixed interest option. The amount of the adjustment will depend on two factors:

(a) the difference between the guaranteed rate that applies to the amount
being withdrawn and the guaranteed rate in effect at that time for new
allocations to that same fixed interest option, and

(b) the length of time remaining until the maturity date.

In general, if interest rates rise between the time that you originally
allocated an amount to a fixed interest option and the time that you take a
withdrawal, the market value adjustment will be negative. Likewise, if interest
rates drop between that time period, the market value adjustment will be
positive. Also, the amount of the market value adjustment, either up or down,
will be greater the longer the time remaining until the fixed interest option's
maturity date. Therefore, it is possible that the market value adjustment could
greatly reduce your value in the fixed interest options, particularly in the
fixed interest options with later maturity dates.

We provide an illustration of the present value of target maturity values,
an explanation of how we calculated the market value adjustment, and information
concerning our general account and investments purchased with amounts allocated
to the fixed interest options, under "More Information" later in this
prospectus. Appendix II of this prospectus provides an example of how the market
value adjustment is calculated.

ALLOCATING YOUR CONTRIBUTIONS

You may choose from among three ways to allocate your contributions under
your Contract: self-directed, principal assurance or dollar cost averaging.

SELF-DIRECTED ALLOCATION

You may allocate your contributions to one or more, or all, of the variable
investment options and fixed interest options. Allocations must be in whole
percentages and you may

23
<PAGE>

change your allocations at any time. However, the total of your allocations must
equal 100%. If the annuitant is age 76 or older, you may allocate contributions
to fixed interest options if their maturities are five years or less. Also, you
may not allocate amounts to fixed interest options with maturity dates that are
later than the February 15th immediately following the date annuity payments are
to begin.

PRINCIPAL ASSURANCE ALLOCATION

Under this allocation program you select a fixed interest option. We
specify the portion of your initial contribution to be allocated to that fixed
interest option in an amount that will cause the maturity value to equal the
amount of your entire initial contribution on the fixed interest option's
maturity date. The maturity date you select generally may not be later than 10
years, or earlier than seven years from your Contract Date. You allocate the
rest of your contribution to the variable investment options however you choose.

[Sidebar: The "Contract Date" is the effective date of a Contract. This usually
is the business day we receive your initial contribution.]

For example, if your initial contribution is $10,000, and on April 15, 1999
you choose the fixed interest option with a maturity date of February 15, 2009,
since the guaranteed rate was _____% on April 15, 1999, we would have allocated
$__________ to that fixed interest option and the balance to your choice of
variable investment options. On the maturity date your value in the fixed
interest option would be $10,000.

The principal assurance allocation is only available for annuitant ages 75
or younger when the Contract is issued. If you are purchasing a Traditional IRA
or TSA Contract, before you select a maturity year that would extend beyond the
year in which you will attain age 70 1/2, you should consider whether your value
in the other variable investment options, or your other Traditional IRA or TSA
funds are sufficient to meet your required minimum distributions. See "Tax
Information."

DOLLAR COST AVERAGING

We offer two dollar cost averaging programs. Each program allows you to
gradually transfer amounts from the Alliance Money Market Option to the variable
investment options by periodically transferring approximately the same dollar
amount to the variable investment options you select. This will cause you to
purchase more units if the unit's value is low and fewer units if the unit's
value is high. Therefore, you may get a lower average cost per unit over the
long term. These plans of investing, however, do not guarantee that you will
earn a profit or be protected against losses.

[Sidebar: Units measure your value in each variable investment option.]

SPECIAL DOLLAR COST AVERAGING PROGRAM. You may dollar cost average from the
Alliance Money Market option into any of the other variable investment options.
You must allocate your entire initial contribution into the Alliance Money
Market option. We will transfer your value in

24
<PAGE>

the Alliance Money Market option into the other variable investment options that
you select over the next 12 months. The transfer date will be the same day of
the month as the Contract Date, but not later than the 28th. All amounts will be
transferred out by the end of the first Contract Year. Under this program we
will not deduct the mortality and expense risks, administration, and
distribution charges from assets in the Alliance Money Market option. You may
not allocate additional contributions to this program.

[Sidebar: The 12-month period beginning on your Contract Date and each
anniversary of that date is a "Contract Year."]

The only amounts that we can transfer from the Alliance Money Market option
are your regularly scheduled monthly transfers to the variable investment
options. If you request to transfer or withdraw any other amounts, we will
transfer all of the value that you have remaining in the Alliance Money Market
option to the investment options according to the allocation percentages we have
on file for you. As a result, you will no longer be able to participate in the
special dollar cost averaging program. You may also ask us to cancel your
participation at any time.

GENERAL DOLLAR COST AVERAGING PROGRAM. If your value in the Alliance Money
Market option is at least $5,000, you may choose, at any time, to have a
specified dollar amount or percentage of your value transferred from that option
to the other variable investment options. You can select to have transfers made
on a monthly, quarterly or annual basis. The transfer date will be the same
calendar day of the month as the Contract Date, but not later than the 28th.

The minimum amount that we will transfer each time is $250. The maximum
amount we will transfer is equal to your value in the Alliance Money Market
option at the time the program is elected, divided by the number of transfers
scheduled to be made in the next 12 months.

If, on any transfer date, your value in the Alliance Money Market option is
equal to or less than the amount you have elected to have transferred, the
entire amount will be transferred. The general dollar cost averaging program
will then end. You may change the transfer amount once each Contract Year, or
cancel this program at any time.

--------------------

You may not elect dollar cost averaging if you are participating in the
rebalancing program. See "Transferring Your Money Among Investment Options"
below.

OUR BASEBUILDER OPTION

The baseBUILDER option offers you a combined guaranteed minimum income
benefit and guaranteed minimum death benefit. The combined benefit is available
if the annuitant is between the ages of 20 and 75. There is an additional charge
for this benefit. See "baseBUILDER Benefit Charge" under "Charges and Expenses."

[Side bar: baseBUILDER provides income protection if you elect an income
payout while the annuitant is alive and a death benefit if the annuitant dies.]

<PAGE>

The guaranteed minimum income benefit component of baseBUILDER is described
below under "Your Guaranteed Minimum Income Benefit under baseBUILDER." As part
of baseBUILDER you have a choice of two guaranteed minimum death benefit
options: either a "5% roll up to age 80" or an "annual ratchet to age 80." The
two options are described under "Guaranteed Minimum Death Benefit." The
guaranteed minimum death benefit is provided under the Contract even if you do
not elect baseBUILDER, and for a broader range of annuitant ages at Contract
issue than those available under baseBUILDER.

YOUR GUARANTEED MINIMUM INCOME BENEFIT UNDER BASEBUILDER

The guaranteed minimum income benefit guarantees you a minimum amount of
lifetime income under our Income Manager (Life Annuity with a Period Certain)
payout annuity contract. The Income Manager (Life Annuity with a Period Certain)
payout annuity contract provides payments during a specified period of time
(called a period certain) and will continue for the rest of the annuitant's life
thereafter. If the annuitant dies before the period certain has ended, payments
will continue to the beneficiary for the time remaining in the period certain.

[Sidebar: We also refer to the guaranteed minimum income benefit as the
"Living Benefit."]

GUARANTEED MINIMUM INCOME BENEFIT'S BENEFIT BASE. On the Contract Date,
your guaranteed minimum income benefit's benefit base ("benefit base") is equal
to the initial contribution. Thereafter, the benefit base is credited with
interest on each Contract Date anniversary (compounded annually) through the
annuitant's age 80. The interest rate is 5% for amounts in the variable
investment options (other than the Alliance Money Market option and Alliance
Intermediate Government Securities option) and in the special dollar cost
averaging program. Amounts in the Alliance Money Market option, Alliance
Intermediate Government Securities option, the fixed interest options, and in a
TSA Contract loan reserve account will be credited with interest at 3%. No
interest is credited after age 80.

If you make an additional contribution to your Contract, we will increase
your current benefit base by the dollar amount of the additional contribution on
the date that the contribution is allocated to your investment options. If you
take a withdrawal from your Contract, we will adjust your benefit base for the
withdrawal on the date that you make the withdrawal. See "How Withdrawals Affect
Your Guaranteed Minimum Income Benefit and Guaranteed Minimum Death Benefit"
under "Accessing Your Money" for more detailed information. Under TSA Contracts,
we will reduce your benefit base by the amount of any outstanding loan plus
accrued interest on the date that you exercise your guaranteed minimum income
benefit.

[Sidebar: Your benefit base is not an account value or a cash value and is
used solely for purposes of calculating your guaranteed minimum income benefit.]

---------------------

26
<PAGE>

EXERCISING YOUR BENEFIT AND INCOME YOU WILL RECEIVE. If you exercise the
guaranteed minimum income benefit, the annual lifetime income that you will
receive under the Income Manager (Life Annuity with a Period Certain) payout
annuity contract, will be the greater of (i) your guaranteed minimum income
benefit, and (ii) the income provided by applying your actual account value at
our then current annuity purchase factors.

The guaranteed minimum income benefit is based on conservative actuarial
factors. Therefore, even if your account value is less than your benefit base,
you may generate more income by applying your account value to current annuity
purchase factors. We will make this comparison for you when the need arises.

[Sidebar: The guaranteed minimum income benefit should be regarded as a
safety net only.]

ILLUSTRATIONS OF GUARANTEED MINIMUM INCOME BENEFIT. The table below
illustrates the guaranteed minimum income benefit amounts per $100,000 of
initial contribution, for a male annuitant age 60 (at issue) on the Contract
Date anniversaries indicated, assuming no additional contributions, withdrawals,
or loans under TSA Contracts, and assuming there were no allocations to the
Alliance Money Market option, Alliance Intermediate Government Securities option
or the fixed interest options.

- --------------------------------------------------------------------------------

GUARANTEED MINIMUM
INCOME BENEFIT -- ANNUAL INCOME
CONTRACT DATE PAYABLE FOR LIFE WITH
ANNIVERSARY AT EXERCISE 10 YEAR PERIOD CERTAIN

- --------------------------------------------------------------------------------
7 $ 8,315
10 10,341
15 14,924
- --------------------------------------------------------------------------------

Under NQ, Traditional IRA, and Roth IRA Contracts, you may exercise the
guaranteed minimum income benefit only within 30 days following the seventh or
later Contract Date anniversary under your Contract. However, you may not
exercise the benefit before the annuitant is age 60, or after the annuitant is
age 83. There is an exception if the annuitant is between ages 20 and 44 when
your Contract is issued. In this case you may exercise the benefit following the
15th or later Contract Date anniversary, but not after the annuitant is age 83.
See "Exercise of Guaranteed Minimum Income Benefit under QP and TSA Contracts"
below regarding exercising the benefit under QP and TSA Contracts.

Your Contract will terminate when you exercise your guaranteed minimum
income benefit. You will then receive an Income Manager (Life Annuity with a
Period Certain) payout annuity contract. Your period certain will be based on
the annuitant's age at the time the benefit is exercised, as follows:

<PAGE>

- --------------------------------------------------------------------------------
LEVEL PAYMENTS*
PERIOD CERTAIN YEARS
ANNUITANT'S TRADITIONAL
AGE AT EXERCISE AND ROTH IRA NQ
- --------------------------------------------------------------------------------
60 to 75 10 10
76 9 10
77 8 10
78 7 10
79 7 10
80 7 10
81 7 9
82 7 8
83 7 7

- --------------------

* Other forms and periods certain may also be available. For Traditional IRA
Contracts, please see "Minimum Distributions" under "Tax Information," as to how
this option may be affected if exercised after age 70 1/2.

You will begin receiving payments one payment period after the payout
annuity contract is issued. For example, if you select monthly annuity payments,
we will send your first payment to you approximately one month from the date
your Contract is issued.

Each year on your Contract Date anniversary, if you are eligible to
exercise the guaranteed minimum income benefit, we will send you an eligibility
notice illustrating how much income could be provided as of the Contract Date
anniversary. You may then notify us within 30 days following the Contract Date
anniversary if you want to exercise the guaranteed minimum income benefit. You
must return your Contract to us in order to exercise this benefit. The amount of
income you actually receive will be determined when we receive your request to
exercise the benefit.

You may also apply your cash value at any time to an Income Manager (Life
Annuity with a Period Certain) payout annuity contract, and you may always apply
your account value to any of our traditional annuity payout options. The
traditional annuity payout options are discussed under "Accessing Your Money."
These options differ from the Income Manager payout annuity contracts. They may
provide higher or lower income levels, but do not have all the features of the
Income Manager payout annuity contract. You may request an illustration of the
Income Manager payout annuity contract from your Equitable Life associate.

The Income Manager (Life Annuity with a Period Certain) payout annuity
contracts are offered through our prospectus for the Income Manager payout
annuities. You may obtain a copy of the most current version from your Equitable
Life associate. You should read it carefully before you decide to exercise your
guaranteed minimum income benefit.

SUCCESSOR ANNUITANT/CONTRACT OWNER. If the successor annuitant/contract
owner (discussed under "More Information" below) elects to continue the Contract
after your death, the guaranteed minimum income benefit will continue to be
available on the Contract Date

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anniversaries specified above based on the Contract Date. However, the
guaranteed minimum income benefit must be exercised based on the age of the
successor annuitant/contract owner.

EXERCISE OF GUARANTEED MINIMUM INCOME BENEFIT UNDER QP AND TSA CONTRACTS.
Under QP Contracts, the guaranteed minimum income benefit may be exercised in
the same manner as described above only after the trustee of the qualified plan
directly rolls over the QP Contract to a Traditional IRA Contract. In this
process the ownership of the QP Contract is changed to the annuitant. The
rollover to a Traditional IRA Contract and change of ownership may only occur
when the annuitant will no longer be a participant in the qualified plan.

Similarly, under TSA Contracts the contract owner must convert the TSA
Contract in a direct rollover to a Traditional IRA Contract according to our
rules. The rollover to a Traditional IRA Contract may only occur when you are
eligible for a rollover distribution from a TSA. This may generally occur when
you are age 59 1/2, or you are separated from service from the employer who
provided the TSA funds. See "Rollover or Direct Transfer Contributions" under
"Tax Information" later in this prospectus.

GUARANTEED MINIMUM DEATH BENEFIT

Applicable for annuitant ages 0 through 79 at issue of NQ Contracts, 20
through 79 under Traditional IRA, Roth IRA, and TSA Contracts; and 20
through 70 at issue of QP Contracts.

You may elect either the "5% roll up to age 80" or the "annual ratchet to
age 80" guaranteed minimum death benefit when you apply for a Contract. Once you
have made your election, you may not change it.

5% ROLL UP TO AGE 80. On the Contract Date, the guaranteed minimum death
benefit equals your initial contribution. Thereafter, the guaranteed minimum
death benefit will be credited with interest on each Contract Date anniversary
(compounded annually) through the annuitant's age 80. The interest rate is 5%
for amounts in the variable investment options (other than the Alliance Money
Market option and Alliance Intermediate Government Securities option) and in the
special dollar cost averaging program. Amounts in the Alliance Money Market
option, Alliance Intermediate Government Securities option, the fixed interest
options, and in a TSA Contract loan reserve account will be credited with
interest at 3%. No interest is credited after the annuitant is age 80.

If you make additional contributions, we will increase your current
guaranteed minimum death benefit by the dollar amount of the additional
contribution on the date the contribution is allocated to your investment
options. If you take a withdrawal from your Contract, we will adjust your
guaranteed minimum death benefit for the withdrawal on the date you take the
withdrawal.

ANNUAL RATCHET TO AGE 80. On the Contract Date, your guaranteed minimum
death benefit equals your initial contribution. Then, on each Contract Date
anniversary, we will determine your guaranteed minimum death benefit by
comparing your current guaranteed

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<PAGE>

minimum death benefit to your account value on that Contract Date anniversary.
If your account value is higher than your guaranteed minimum death benefit, we
will increase your guaranteed minimum death benefit to equal your account value.
On the other hand, if your account value on the Contract Date anniversary is
less than your guaranteed minimum death benefit, we will not adjust your
guaranteed minimum death benefit either up or down.

If you make additional contributions, we will increase your current
guaranteed minimum death benefit by the dollar amount of the contribution on the
date the contribution is allocated to your investment options. If you take a
withdrawal from your Contract, we will adjust your guaranteed minimum death
benefit on the date you take the withdrawal.

Applicable for annuitant ages 80 through 85 when the Contract is issued.

On the Contract Date, your guaranteed minimum death benefit equals your
initial contribution. Thereafter, it will be increased by the dollar amount of
any additional contributions. We will adjust your guaranteed minimum death
benefit if you take any withdrawals.

--------------------

Please see "How Withdrawals Affect Your Guaranteed Minimum Income Benefit
and Guaranteed Minimum Death Benefit" under "Accessing Your Money" for
information on how withdrawals affect your guaranteed minimum death benefit.

See Appendix III for an example of how we calculate the guaranteed minimum
death benefit.

YOUR RIGHT TO CANCEL WITHIN A CERTAIN NUMBER OF DAYS

If for any reason you are not satisfied with your Contract, you may return
it to us for a refund. To exercise this cancellation right you must mail the
Contract directly to our Processing Office within 10 days after you receive it.
In some states, this "free look" period may be longer.

Your refund will equal your account value under the Contract and will
reflect (i) any investment gain or loss in the variable investment options, and
(ii) any positive or negative market value adjustments in the fixed interest
options, through the date we receive your Contract. Some states or Federal
income tax regulations may require us to calculate the refund differently.

We may require that you wait six months before you may apply for a Contract
with us again if:

o you cancel your Contract during the free look period; or

o you change your mind before you receive you Contract whether we have
received your contribution or not.

Please see "Tax Information" for possible consequences of cancelling your
Contract.

<PAGE>

If you fully convert an existing Traditional IRA Contract to a Roth IRA
Contract, you may cancel your Roth IRA Contract and return to a Traditional IRA
Contract. Our Processing Office, or your Equitable Life associate, can provide
you with the cancellation instructions. Ask for the form entitled "Request for
Full Conversion."

DETERMINING YOUR CONTRACT'S VALUE

YOUR ACCOUNT VALUE

Your "account value" is the total of the amounts you have allocated to the
variable investment options and fixed interest options. These amounts are
subject to certain fees and charges discussed under "Charges and Expenses."
Under TSA Contracts, if you have an outstanding loan, account value will include
any amount in the loan reserve account.

Your Contract also has a "cash value." At any time before annuity payments
begin, your Contract's cash value is equal to the account value. If you have a
TSA Contract with an outstanding loan, your cash value also is reduced by the
amount of the loan balance plus accrued interest. Please see "Surrendering Your
Contract to Receive its Cash Value" below.

YOUR CONTRACT'S VALUE IN THE VARIABLE INVESTMENT OPTIONS

You may allocate your contributions to one or more of the variable
investment options. Each variable investment option invests in shares of a
corresponding Portfolio. Your value in each variable investment option is
measured by "units." The value of your units will increase or decrease as though
you had invested it in the corresponding Portfolio's shares directly. Your
value, however, will be reduced by the amount of the fees and charges that we
deduct under the Contract. Your value will also be reduced by the dollar amount
of any withdrawals that you make.

The unit value for each variable investment option depends on the
investment performance of that option, minus daily charges. On any day, your
value in any variable investment option equals the number of units credited to
your Contract under that option, multiplied by that day's value for one unit.
The number of your Contract units in any variable investment option does not
change unless you make additional contributions, make a withdrawal, or transfer
amounts between investment options. In addition, when we deduct the baseBUILDER
benefit charge the number of units credited to your Contract will be reduced. A
description of how unit values are calculated is found in the SAI.

YOUR CONTRACT'S VALUE IN THE FIXED INTEREST OPTIONS

Your value in the fixed interest options is the sum of the present value of
the maturity value in each fixed interest option. We use the guaranteed rate in
effect for new allocations to the fixed interest option to discount the maturity
value to the present value. This is equivalent to your guaranteed period amount
increased or decreased by the market value adjustment. Your value, therefore,
may be higher or lower than your contributions (less withdrawals) accumulated

<PAGE>

at the guaranteed rate. At the maturity date of a fixed interest option, your
value in the fixed interest option will equal its maturity value.

TRANSFERRING YOUR MONEY AMONG INVESTMENT OPTIONS

TRANSFERRING YOUR ACCOUNT VALUE

At any time before the date annuity payments are to begin, you can transfer
some or all of your account value among the investment options, subject to the
following:

o You may not transfer to a fixed interest option that matures in the
current calendar year, or if its guaranteed rate is 3%.

o If the annuitant is 76 or older, you must limit your transfers to
fixed interest options to those with maturities of five years or less.
Also, the maturity dates may be no later than the February 15th
immediately following the date annuity payments are to begin.

o If you make transfers out of a fixed interest option other than at its
maturity date the transfer may cause a market value adjustment.

You must send all transfer requests directly to our Processing Office. You
may request a transfer in writing or by telephone. Transfer requests should
specify:

(1) the Contract number,

(2) the dollar amounts or percentages of your current account value
to be transferred, and

(3) the investment options to and from which you are transferring.

You can also use our TOPS system to make transfers among the investment
options.

We may, at any time, restrict the use of market timers and other agents
acting under a power of attorney who are acting on behalf of more than one
contract owner. Any agreements to use market timing services to make transfers
are subject to our rules in effect at that time.

We will confirm all transfers in writing.

REBALANCING YOUR ACCOUNT VALUE

We currently offer a rebalancing program that you can use to automatically
reallocate your account value among the variable investment options. You must
tell us:

(a) the percentage you want invested in each variable investment option
(whole percentages only), and

(b) how often you want the rebalancing to occur (quarterly, semiannually,
or annually on a Contract Year basis. However, it will occur on the
same day of the month as the Contract Date).

<PAGE>

While your rebalancing program is in effect, we will transfer amounts among
each variable investment option so that the percentage of your account value
that you specify is invested in each option at the end of each rebalancing date.

[Sidebar: Rebalancing does not assure a profit or protect against loss. You
should periodically review your allocation percentages as your needs change. You
may want to discuss the rebalancing program with your Equitable Life associate
or other financial adviser before electing the program.]

You may elect the rebalancing program at any time. You may also change your
allocation instructions or cancel the program at any time. If you request a
transfer while the rebalancing program is in effect, we will process the
transfer as requested and then cancel the rebalancing program.

You may not elect the rebalancing program if you are participating in a
dollar cost averaging program. Rebalancing is not available for amounts you have
allocated in the fixed interest options.

ACCESSING YOUR MONEY

WITHDRAWING YOUR ACCOUNT VALUe

You have several ways to withdraw your account value before annuity
payments begin. The table below shows the methods available under each type of
Contract. More information follows the table. For the tax consequences of
withdrawals, see "Tax Information."

METHOD OF WITHDRAWAL
--------------------------------------------------------------------------------------------
SUBSTANTIALLY MINIMUM
CONTRACT LUMP SUM SYSTEMATIC EQUAL DISTRIBUTION
- -------- -------- ---------- ----- ------------

<S> <C> <C> <C> <C>
NQ Yes Yes No No
Traditional IRA Yes Yes Yes Yes
Roth IRA Yes Yes Yes No
QP Yes No No No
TSA Yes* No No Yes
</TABLE>

- ---------------------

* For some TSA Contracts, your ability to take withdrawals, loans or surrender
your Contract may be limited. You must provide this information when you apply
for a Contract. See "Tax Information -- Tax Sheltered Annuity Contracts (TSAs)"
below.

<PAGE>

LUMP SUM WITHDRAWALS

(All Contracts)

You may take lump sum withdrawals of your account value at any time. (TSA
Contracts may have restrictions.) The minimum amount you may withdraw is $1,000.
If you request to withdraw more than 90% of a Contract's current cash value we
will treat it as a request to surrender the Contract for its cash value. See
"Surrendering your Contract to Receive its Cash Value" below.

Under TSA Contracts, if a loan is outstanding, you may only take lump sum
withdrawals as long as the cash value remaining after any withdrawal equals at
least 10% of the outstanding loan plus accrued interest.

SYSTEMATIC WITHDRAWALS

(Traditional IRA, Roth IRA and NQ Contracts Only)

You may take systematic withdrawals of a particular dollar amount or a
particular percentage of your account value.

You may take systematic withdrawals on a monthly, quarterly or annual basis
as long as the withdrawals do not exceed the following percentages of your
account value: 1.2% monthly, 3.6% quarterly, and 15.0% annually. The minimum
amount you may take in each systematic withdrawal is $250. If the amount
withdrawn would be less than $250 on the date a withdrawal is to be taken, we
will not make a payment and we will terminate your systematic withdrawal
election.

We will make the withdrawals on any day of the month that you select as
long as it is not later than the 28th day of the month. If you do not select a
date, we will make the withdrawals on the same calendar day of the month as the
Contract Date. You must wait at least 28 days after your Contract is issued
before your systematic withdrawals can begin.

You may elect to take systematic withdrawals at any time. If you own a
Traditional IRA or Roth IRA Contract, you may elect this withdrawal method only
if you are between ages 59 1/2 and 70 1/2.

You may change the payment frequency, or the amount or percentage of your
systematic withdrawals, once each Contract Year. However, you may not change the
amount or percentage in any Contract Year in which you have already taken a lump
sum withdrawal. You can cancel the systematic withdrawal option at any time.

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<PAGE>

SUBSTANTIALLY EQUAL WITHDRAWALS

(Traditional IRA and Roth IRA Contracts only)

The substantially equal withdrawals option allows you to receive
distributions from your account value without triggering the 10% additional
federal tax penalty which normally applies to distributions made before age 59
1/2. See "Tax Information." Once you begin to take substantially equal
withdrawals, you should not stop them or change the pattern of your withdrawals
until the later of age 59 1/2 or five full years after the first withdrawal. If
you stop or change the withdrawals or take a lump sum withdrawal, you may be
liable for the 10% federal tax penalty that would have otherwise been due on
prior withdrawals made under this option and for any interest on those
withdrawals.

You may elect to take substantially equal withdrawals at any time before
age 59 1/2. We will make the withdrawal on any day of the month that you select
as long as it is not later than the 28th day of the month. You may not elect to
receive the first payment in the same Contract Year in which you took a lump sum
withdrawal. We will calculate the amount of your substantially equal withdrawals
under a method we select and payments will be made monthly, quarterly or
annually as you select. These payments will continue until we receive written
notice from you to cancel this option or you take a lump sum withdrawal. You may
elect to start receiving substantially equal withdrawals again, but the payments
may not restart in the same Contract Year in which you took a lump sum
withdrawal. We will calculate the new withdrawal amount.

MINIMUM DISTRIBUTION WITHDRAWALS

(Traditional IRA and TSA Contracts only -- See "Tax Information")

We offer the minimum distribution withdrawal option to help you meet
required minimum distributions under federal income tax rules. You may elect
this option in the year in which you attain age 70 1/2. The minimum amount we
will pay out is $250. You may elect the method you want us to use to calculate
your minimum distribution withdrawals from the choices we offer. Currently,
minimum distribution withdrawal payments will be made annually.

We will calculate your annual payment based on your account value at the
end of the prior calendar year based on the method you choose.

Under TSA Contracts, you may not elect minimum distribution withdrawals if
a loan is outstanding.

[Sidebar: For Traditional IRA and TSA Contracts, we will send a form
outlining the distribution options available before you reach age 70 1/2 (if you
have not begun your annuity payments before that time).]

<PAGE>

HOW WITHDRAWALS ARE TAKEN FROM YOUR ACCOUNT VALUE

Lump Sum Withdrawal

You must specify the investment options from which you want to take the
withdrawal. If we receive only partial information, our Processing Office will
contact you for complete instructions before processing your request. A market
value adjustment may apply to amounts withdrawn from the fixed interest options.

Systematic Withdrawals, Substantially Equal Withdrawals, and Minimum
Distribution Withdrawals

Unless you specify otherwise, we will subtract your withdrawals on a pro
rata basis from your value in the variable investment options. If there is
insufficient value or no value in the variable investment options, any
additional amount of the withdrawal required or the total amount of the
withdrawal will be withdrawn from the fixed interest options in order of the
earliest maturity date(s) first. A market value adjustment may apply.

HOW WITHDRAWALS AFFECT YOUR GUARANTEED MINIMUM INCOME BENEFIT AND GUARANTEED
MINIMUM DEATH BENEFIT

Withdrawals will reduce your guaranteed benefits on either a dollar-for-dollar
basis or on a pro rata basis as explained below:

INCOME BENEFIT

Benefit base - Your current benefit base will be reduced on a dollar-for-dollar
basis as long as the sum of your withdrawals in a Contract Year is 5% or less of
the guaranteed minimum death benefit on the most recent Contract Date
anniversary. Once you take a withdrawal that causes the sum of your withdrawals
in a Contract Year to exceed 5% of the guaranteed minimum death benefit on the
most recent Contract Date anniversary, that withdrawal and any subsequent
withdrawals in that same Contract Year will reduce your current benefit base on
a pro rata basis.

DEATH BENEFIT

5% roll up to age 80 - If you elect the 5% roll up to age 80 guaranteed minimum
death benefit, your current guaranteed minimum death benefit will be reduced on
a dollar-for-dollar basis as long as the sum of your withdrawals in a Contract
Year is 5% or less of the guaranteed minimum death benefit on the most recent
Contract Date anniversary. Once you take a withdrawal that causes the sum of
your withdrawals in a Contract Year to exceed 5% of the guaranteed minimum death
benefit on the most recent Contract Date anniversary, that withdrawal and any
subsequent withdrawals in that same Contract Year will reduce your current
guaranteed minimum death benefit on a pro rata basis.

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<PAGE>

Annual ratchet to age 80 - If you elect the annual ratchet to age 80 guaranteed
minimum death benefit, each withdrawal will always reduce your current
guaranteed minimum death benefit on a pro rata basis.

Annuitant Issue Ages 80 through 85 - If your Contract was issued when the
annuitant was between ages 80 and 85, each withdrawal will always reduce your
current guaranteed minimum death benefit on a pro rata basis.

---------------------

Reduction on a dollar-for-dollar basis means that your current benefit will be
reduced by the dollar amount of the withdrawal. Reduction on a pro rata basis
means that we calculate the percentage of your current account value that is
being withdrawn and we reduce your current benefit by that same percentage. For
example, if your account value is $30,000 and you withdraw $12,000, you have
withdrawn 40% of your account value. If your guaranteed minimum death benefit
was $40,000 before the withdrawal, it would be reduced by $16,000 ($40,000 x
.40) and your new guaranteed minimum death benefit after the withdrawal would be
$24,000 ($40,000 - $16,000).

The timing of your withdrawals and whether they exceed the 5% threshold
described above can have a significant impact on your guaranteed minimum income
benefit or guaranteed minimum death benefit.

LOANS UNDER TSA CONTRACTS

You may take loans from a TSA unless restricted by the employer who
provided the TSA funds. If you cannot take a loan, or cannot take a loan without
approval from the employer who provided the funds, we will have this information
in our records based on what you and the employer who provided the funds told us
when you purchased your Contract. The employer must also tell us whether special
employer plan rules of the Employee Retirement Income Securities Act of 1974
("ERISA") apply. We will not permit you to take a loan while you are taking
minimum distribution withdrawals.

You should read the terms and conditions on our loan request form carefully
before taking out a loan. Under TSA Contracts subject to ERISA, you may only
take a loan with the written consent of your spouse. Your Contract contains
further details of the loan provision. Also, see "Tax Information" for general
rules applicable to loans.

We will permit you to have only one loan outstanding at a time. The minimum
loan amount is $1,000. The maximum amount is $50,000 or, if less, 50% of your
account value, subject to any limits under the federal income tax rules. The
term of a loan is five years. However, if you use the loan to acquire your
primary residence, the term is 10 years. The term may not extend beyond the
earliest of:

(1) the date annuity payments begin,

(2) the date the Contract terminates, and

<PAGE>

(3) the date a death benefit is paid (the loan balance will be deducted
from the death benefit amount).

Interest will accrue daily on your outstanding loan at a rate we set. The
loan interest rate will be equal to the Moody's Corporate Bond Yield Averages
for the calendar month ending two months before the day of the calendar quarter
in which the rate is determined.

LOAN RESERVE ACCOUNT. On the date your loan is processed, we will transfer
the amount of your loan to the loan reserve account. Unless you specify
otherwise, we will subtract your loan on a pro rata basis from your value in the
variable investment options. If there is insufficient value or no value in the
variable investment options, any additional amount of the loan will be
subtracted from the fixed interest options in order of the earliest maturity
date(s) first. A market value adjustment may apply.

We will credit interest to the amount in the loan reserve account at a rate
of 2% lower than the loan interest rate that applies for the time your loan is
outstanding. On each Contract Date anniversary after the date the loan is
processed, we will transfer the amount of interest earned in the loan reserve
account to the variable investment options on a pro rata basis. When you make a
loan repayment unless you specify otherwise, we will transfer the dollar amount
of the loan repaid from the loan reserve account to the investment options
according to the allocation percentages we have on our records.

SURRENDERING YOUR CONTRACT TO RECEIVE ITS CASH VALUE

You may surrender your Contract to receive its cash value at any time while
the annuitant is living and before you begin to receive annuity payments. (TSA
Contracts may have restrictions.) For a surrender to be effective, we must
receive your written request and your Contract at our Processing Office. We will
determine your cash value on the date we receive the required information. All
benefits under the Contract will terminate as of that date.

You may receive your cash value in a single sum payment or apply it to one
or more of the annuity payout options. See "Choosing Your Annuity Payout
Options" below. We will usually pay the cash value within seven calendar days,
but we may delay payment as described in "When To Expect Payments," below. For
the tax consequences of surrenders, see "Tax Information."

WHEN TO EXPECT PAYMENTS

Generally, we will fulfill requests for payments out of the variable
investment options within seven calendar days after the date of the transaction
to which the request relates. These transactions may include applying proceeds
to a variable annuity, payment of a death benefit, payment of any amount you
withdraw and, upon surrender, payment of the cash value. We may postpone such
payments or applying proceeds for any period during which:

(1) the New York Stock Exchange is closed or restricts trading,

(2) sales of securities or determination of the fair value of a variable
investment option's assets is not reasonably practicable because of an
emergency, or

<PAGE>

(3) the SEC, by order, permits us to defer payment to protect people
remaining in the variable investment option.

We can defer payment of any portion of your value in the fixed interest
options (other than for death benefits) for up to six months while you are
living. We also may defer payments for a reasonable amount of time (not to
exceed 15 days) while we are waiting for a contribution check to clear.

CHOOSING YOUR ANNUITY PAYOUT OPTIONS

The Equitable Accumulator Select offers you several choices for receiving
retirement income. Each choice enables you to receive fixed or, in some cases,
variable annuity payments.

You can choose from among the six different annuity payout options listed
below. Restrictions apply, depending on the type of Contract you own.

- --------------------------------------------------------------------------------

TRADITIONAL ANNUITY PAYOUT OPTIONS Life Annuity
Life Annuity -- Period Certain
Life Annuity -- Refund Certain
Period Certain Annuity

INCOME MANAGER PAYOUT OPTIONS Life Annuity with a Period Certain
Period Certain Annuity

- --------------------------------------------------------------------------------

TRADITIONAL ANNUITY PAYOUT OPTIONS

You can choose from among the following traditional annuity payout options:

o Life Annuity: An annuity that guarantees payments for the rest of the
annuitant's life. Payments end with the last monthly payment before
the annuitant's death. Because there is no death benefit with this
payout option, it provides the highest monthly payment of any of the
life annuity options, so long as the annuitant is living.

o Life Annuity -- Period Certain: An annuity that guarantees payments
for the rest of the annuitant's life, and, if the annuitant dies
before the end of a selected period of time ("period certain"),
provides payments to the beneficiary for the balance of the period
certain. A life annuity with a period certain of 10 years is the
normal form of annuity under the Contracts.

o Life Annuity -- Refund Certain: An annuity that guarantees payments
for the rest of the annuitant's life, and, if the annuitant dies
before the amount applied to purchase the annuity option has been
recovered, provides payments to the beneficiary that will continue
until that amount has been recovered. This payout option is available
only as a fixed annuity.

<PAGE>

o Period Certain Annuity: An annuity that guarantees payments for a
specific period of time, usually 5, 10, 15 or 20 years. This option
does not guarantee payments for the rest of the annuitant's life.
Currently, this payout option is available only as a fixed annuity.

All of the above payout options are available as fixed annuities. With
fixed annuities, we guarantee fixed annuity payments that will be based either
on the tables of guaranteed annuity payments in your Contract or on our then
current annuity rates, whichever is more favorable for you.

The life annuity, life annuity -- period certain, and life annuity --
refund certain payout options are available on a single life or joint and
survivor life basis. The joint and survivor life annuity guarantees payments for
the rest of the annuitant's life and, after the annuitant's death, payments
continue to the survivor.

The following traditional annuity payout options are available as variable
annuities:

o Life Annuity.
o Life Annuity -- Period Certain.
o Joint and Survivor Life Annuity.
o Joint and Survivor Life Period Certain Annuity (100% to Survivor).

Variable annuities may be funded through your choice of variable investment
options investing in Portfolios of The Hudson River Trust. The amount of each
variable annuity payment will fluctuate, depending upon the performance of the
variable investment options, and whether the actual rate of investment return is
higher or lower than an assumed base rate. Please see "Annuity Unit Values" in
the SAI.

We may offer other payout options not outlined here. Your Equitable Life
associate can provide details.

SELECTING A TRADITIONAL ANNUITY PAYOUT OPTION

When you select a payout option, we will issue you a separate written
agreement confirming your right to receive annuity payments. We require you to
return your Contract before annuity payments begin.

For Traditional IRA, Roth IRA, and NQ Contracts, unless you choose a
different payout option, we will pay fixed annuity payments under a life annuity
with a certain period of 10 years. The only payout options available under QP
Contracts and TSA Contracts are the Life Annuity 10 Year Period Certain and the
Joint and Survivor Life Annuity 10 Year Period Certain.

You can choose the date annuity payments are to begin. You can change the
date your annuity payments are to begin anytime before that date as long as you
do not choose a date later

<PAGE>

than the 28th day of any month. Also, that date may not be later than the
Contract Date anniversary that follows the annuitant's 90th birthday. This may
be different in some states.

Before your annuity payments are to begin, we will notify you by letter
that the annuity payout options are available. Once you have selected a payout
option and payments have begun, no change can be made.

The amount of the annuity payments will depend on the amount applied to
purchase the annuity, the type of annuity chosen and, in the case of a life
annuity, the annuitant's age (or the annuitant's and joint annuitant's ages) and
in certain instances, the sex of the annuitant(s).

The amount we apply to provide annuity payments will depend on the type of
payout option you select. If you select a payout option that provides for
payments for the rest of the annuitant's life, then we will apply your account
value. If you select a payout option that provides for payments for a period
certain, then we will apply your cash value. However, if the period certain is
more than five years, we will apply not less than 95% of the account value.
Amounts in the fixed interest options that are applied to a payout option before
a maturity date will result in a market value adjustment.

If, at the time you elect a payout option, the amount to be applied is less
than $2,000 or the initial payment under the form elected is less than $20
monthly, we reserve the right to pay the account value in a lump sum rather than
as payments under the payout option chosen.

INCOME MANAGER PAYOUT OPTIONS

For NQ, Traditional IRA, and Roth IRA Contracts, two Income Manager payout
options are also available. These are the Income Manager (Life Annuity with a
Period Certain) and the Income Manager (Period Certain).

For QP Contracts, the Income Manager payout options are available only
after the trustee of the qualified plan directly rolls over the QP Contract to a
Traditional IRA Contract. In this process the ownership of the QP Contract is
changed to the annuitant. The rollover to a Traditional IRA Contract and the
change of ownership may only occur when the annuitant will no longer be a
participant in the qualified plan.

For TSA Contracts, the Income Manager payout annuity options are available
only after the TSA Contract is rolled over to a Traditional IRA Contract. This
may generally occur when you are age 59 1/2, or you have separated from service
with the employer who provided the TSA funds.

The Income Manager (Life Annuity with a Period Certain) provides guaranteed
payments for the annuitant's life or for the annuitant's life and the life of a
joint annuitant. The Income Manager (Period Certain) provides payments for a
specified period. The contract owner and annuitant must meet the issue age and
payment requirements. Both Income Manager annuities provide guaranteed level
payments (NQ, Traditional IRA, and Roth IRA Contracts). The Income

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Manager (Life Annuity with a Period Certain) also provides guaranteed increasing
payments (NQ Contracts only).

If you apply only part of the account value of your Contract to either of
the Income Manager payout annuities we will consider it a withdrawal. Amounts
received under the Income Manager payout annuities in such case will be taxable
as withdrawals.

No additional contributions will be permitted under an Income Manager (Life
Annuity with a Period Certain).

The Income Manager annuities are described in a separate prospectus. Copies
of the most current version are available from your Equitable Life associate. To
purchase an Income Manager annuity we also require the return of your Contract.
We will issue an Income Manager annuity to put one of the payout annuities into
effect. Depending upon your circumstances, this may be done on a tax-free basis.
Please consult your tax adviser.

CHARGES AND EXPENSES

CHARGES THAT EQUITABLE LIFE DEDUCTS

We deduct the following charges each day from the net assets of each
variable investment option:

o A mortality and expense risks charge.

o An administration charge.

o A distribution charge.

We deduct the following charges from your account value:

o If you elect the optional benefit -- a charge for the optional
baseBUILDER benefit.

o At the time annuity payments are to begin -- charges for state premium
and other taxes.

More information about these charges appears below. We will not increase
these charges for the life of your Contract, except as noted. We may reduce
certain charges under group or sponsored arrangements. See "Group or Sponsored
Arrangements" below.

We also offer an Equitable Accumulator contract which has a withdrawal
charge but no distribution charge. A current prospectus for this other Equitable
Accumulator contract may be obtained from your Equitable Life associate.

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MORTALITY AND EXPENSE RISKS CHARGE

We deduct a daily charge from the net assets in each variable investment
option to compensate us for mortality and expense risks, including the
guaranteed minimum death benefit. The daily charge is equivalent to an annual
rate of 1.10% of the net assets in each variable investment option.

The mortality risk we assume is the risk that annuitants as a group will
live for a longer time than our actuarial tables predict. If that happens, we
would be paying more in annuity income than we planned. We also assume a risk
that the mortality assumptions reflected in our guaranteed annuity payment
tables, shown in each Contract, will differ from actual mortality experience.
Lastly, we assume a mortality risk to the extent that at the time of death, the
guaranteed minimum death benefit exceeds the cash value of the Contract. The
expense risk we assume is the risk that it will cost us more to issue and
administer the Contracts than we expect.

ADMINISTRATION CHARGE

We deduct a daily charge from the net assets in each variable investment
option to compensate us for administration expenses under the Contracts. The
daily charge is equivalent to an annual rate of 0.25% of the net assets in each
variable investment option. We reserve the right under the Contracts to increase
this charge to an annual rate of 0.35%.

DISTRIBUTION CHARGE

We deduct a daily charge from the net assets in each variable investment
option to compensate us for a portion of our sales expenses under the Contracts.
The daily charge is equivalent to an annual rate of 0.25% of the net assets in
each variable investment option. This charge will never exceed any regulatory
limits.

BASEBUILDER BENEFIT CHARGE

If you elect the baseBUILDER combined guaranteed minimum income benefit and
guaranteed minimum death benefit, we deduct a charge annually from your account
value on each Contract Date anniversary. The charge is equal to 0.30% of the
benefit base in effect on the Contract Date anniversary.

We will deduct this charge from your value in the variable investment
options on a pro rata basis. If there is not enough value in the variable
investment options, we will deduct all or a portion of the charge from the fixed
interest options in order of the earliest maturity date(s) first. A market value
adjustment may apply.

CHARGES FOR STATE PREMIUM AND OTHER APPLICABLE TAXES

We deduct a charge for applicable taxes such as premium taxes that may be
imposed in your state. Generally, we deduct the charge from the amount applied
to provide an annuity

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payout. The current tax charge that might be imposed varies by state and ranges
from 0% to 3.5% (1% in Puerto Rico and 5% in the U.S. Virgin Islands).

CHARGES THAT THE TRUSTS DEDUCT

The Hudson River Trust and EQ Advisors Trust each deducts charges for the
following types of fees and expenses:

o Investment advisory fees ranging from 0.25% to 1.15%.

o 12b-1 fees of 0.25%.

o Operating expenses, such as trustees' fees, independent auditors'
fees, legal counsel fees, administrative service fees, custodian fees,
and liability insurance.

o Investment-related expenses, such as brokerage commissions.

These charges are reflected in the daily share price of each Portfolio. For
more information about these charges, please refer to the prospectuses of the
Trusts.

GROUP OR SPONSORED ARRANGEMENTS

For certain group or sponsored arrangements, we may reduce the mortality
and expense risks charge, or change the minimum initial contribution
requirements. We also may change the guaranteed minimum income benefit and the
guaranteed minimum death benefit, or offer variable investment options that
invest in shares of The Hudson River Trust or EQ Advisors Trust that are not
subject to the 12b-1 fee. Group arrangements include those in which a trustee or
an employer, for example, purchases contracts covering a group of individuals on
a group basis. Group arrangements are not available for Traditional IRA and Roth
IRA Contracts. Sponsored arrangements include those in which an employer allows
us to sell Contracts to its employees or retirees on an individual basis.

Our costs for sales, administration, and mortality generally vary with the
size and stability of the group or sponsoring organization, among other factors.
We take all these factors into account when reducing charges. To qualify for
reduced charges, a group or sponsored arrangement must meet certain
requirements, such as requirements for size and number of years in existence.
Group or sponsored arrangements that have been set up solely to buy Contracts or
that have been in existence less than six months will not qualify for reduced
charges.

We also may establish different guaranteed rates for the fixed interest
options under different classes of Contracts for group or sponsored
arrangements.

We will make these and any similar reductions according to our rules in
effect when we approve a Contract for issue. We may change these rules from time
to time. Any variations will reflect differences in costs or services and will
not be unfairly discriminatory.

Group or sponsored arrangements may be governed by federal income tax
rules, ERISA or both. We make no representations as to the impact of those and
other applicable laws on such

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programs. We recommend that employers, trustees, and others purchasing or making
Contracts available for purchase under such programs seek the advice of their
own legal and benefits advisers.

PAYMENT OF DEATH BENEFIT

YOUR BENEFICIARY AND PAYMENT OF BENEFIT

You designate your beneficiary when you apply for your Contract. The change
will be effective on the date the written request for the change is signed.
Under jointly owned Contracts, the surviving owner is considered the
beneficiary, and will supersede any other beneficiary. You may be limited as to
the beneficiary you can designate in a TSA Contract. In a QP Contract, the
beneficiary must be the trustee. You may change your beneficiary at any time.

The death benefit is equal to your account value, or, if greater, the
guaranteed minimum death benefit. The guaranteed minimum death benefit is part
of your Contract, whether you select the combined baseBUILDER benefit or not. We
determine the amount of the death benefit as of the date we receive satisfactory
proof of the annuitant's death and any required instructions as to the method of
payment. Under TSA Contracts we will deduct the amount of any outstanding loan
plus accrued interest from the amount of the death benefit.

WHEN THE ANNUITANT DIES BEFORE ANNUITY PAYMENTS BEGIN

If the annuitant dies before the annuity payments begin, we will pay the
death benefit to your beneficiary.

CHANGE OF OWNER ON DEATH

Under certain conditions the owner can change after the original owner's
death. Under NQ Contracts when the owner dies the person designated as successor
owner becomes the new owner. Under Traditional IRA and Roth IRA Contracts only,
a beneficiary who is the surviving spouse can choose to be treated as the
successor owner/annuitant. Only a spouse can be a successor owner/annuitant.
Under TSA Contracts, you cannot have a successor owner/annuitant.

For Traditional IRA Contracts, a beneficiary who is not a surviving spouse
may be able to have limited ownership.

WHEN AN NQ CONTRACT OWNER DIES BEFORE THE ANNUITANT

When you are not the annuitant under an NQ Contract and you die before
annuity payments begin, the beneficiary named to receive the death benefit upon
the annuitant's death will automatically become the contract owner (unless you
have named a different person as successor owner and have notified us of the
change). If the Contract is jointly owned and the first owner to die is not the
annuitant, the surviving owner becomes the sole contract owner and will be
considered the "beneficiary" for purposes of the distribution rules described in
this section, automatically taking the place of any other beneficiary
designation.

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Unless the surviving spouse of the owner who has died (or in the case of a
joint ownership situation, the surviving spouse of the first owner to die) is
the designated beneficiary for this purpose, the entire interest in the Contract
must be distributed under the following rules.

The cash value of the Contract must be fully paid to the designated
beneficiary (new owner) by December 31st of the fifth calendar year after your
death (or in a joint ownership situation, the death of the first owner to die).

A permissible alternative is for the new owner to elect to receive the cash
value as a life annuity (or payments for a period certain of not longer than the
new owner's life expectancy). Payments must begin no later than December 31st
following the calendar year of the non-annuitant owner's death. Unless this
alternative is elected, we will pay any cash value on December 31st of the fifth
calendar year following the year of your death (or the death of the first owner
to die).

Where a surviving spouse is designated beneficiary or joint owner, the
spouse may elect to continue the Contract. No distributions are required as long
as the surviving spouse and annuitant are living.

HOW DEATH BENEFIT PAYMENT IS MADE

We will pay the death benefit to the beneficiary in the form of the annuity
payout option you have chosen. If you have not chosen an annuity payout option
as of the time of the annuitant's death, the beneficiary will receive the death
benefit in a single sum. However, subject to any exceptions in the Contract, our
rules and any applicable requirements under federal income tax rules, the
beneficiary may elect to apply the death benefit to one or more annuity payout
options we offer at the time. See "Choosing Your Annuity Payout Options." Please
note that if you are both the contract owner and the annuitant, you may elect
only a life annuity or an annuity that does not extend beyond the life
expectancy of the beneficiary.

SUCCESSOR OWNER AND ANNUITANT

If you are both the owner and the annuitant, and your spouse is the sole
beneficiary or the joint owner, then your spouse may elect to receive the death
benefit or continue the Contract as successor owner/annuitant.

If your surviving spouse decides to continue the Contract, then on the
Contract Date anniversary following your death, we will increase the account
value to equal your current guaranteed minimum death benefit, if it is higher
than the account value. In determining whether the guaranteed minimum death
benefit will continue to grow, we will use your surviving spouse's age (as of
the Contract Date anniversary).

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BENEFICIARY CONTINUATION OPTION FOR TRADITIONAL IRA CONTRACTS

Upon the death of the annuitant under a Traditional IRA Contract, a
non-spouse beneficiary may generally elect to keep the Contract in the name of
the deceased annuitant, and receive distributions under the Contract instead of
the death benefit being paid in a single sum.

If the annuitant dies after the "Required Beginning Date" (see "Tax
Information") for required minimum distributions, the Contract will continue if:

(a) the annuitant was receiving minimum distribution withdrawals from this
Contract; and

(b) the pattern of minimum distribution withdrawals the annuitant chose
was based in part on the life of the designated beneficiary.

The withdrawals will then continue to be paid to the beneficiary on the
same basis as the annuitant chose before death. We will be able to tell your
beneficiary whether this option is available to them. You should contact our
Processing Office for further information.

If the annuitant dies before the "Required Beginning Date" (and therefore
was not taking minimum distribution withdrawals under the Contract), the
beneficiary may begin taking minimum distribution withdrawals under the
Contract. We will increase the account value to equal the death benefit if the
death benefit is greater than the account value. That amount will be used to
provide the withdrawals. These withdrawals will begin by December 31st of the
calendar year following the annuitant's death and will be based on the
beneficiary's life expectancy. If there is more than one beneficiary, the
shortest life expectancy is used.

The designated beneficiary must be a natural person and of legal age at the
time of election. The beneficiary must elect this option within 30 days
following the date we receive proof of the annuitant's death. This option may
not currently be available in all states. Your Equitable Life associate can
provide information about state availability, or you may contact our Processing
Office.

While the Contract continues in the name of the deceased annuitant, the
beneficiary may make transfers among the investment options. However, additional
contributions will not be permitted and the guaranteed minimum income benefit
and the death benefit (including the guaranteed minimum death benefit)
provisions will no longer be in effect. Although the only withdrawals that will
be permitted are minimum distribution withdrawals, the beneficiary may choose at
any time to withdraw all of the account value.

TAX INFORMATION

OVERVIEW

In this part of the prospectus, we discuss the current federal income tax
rules that generally apply to Equitable Accumulator Select Contracts owned by
United States taxpayers.

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The tax rules can differ, depending on the type of contract, whether NQ,
Traditional IRA, Roth IRA, QP or TSA. Therefore, we discuss the tax aspects of
each type of Contract separately.

We cannot provide detailed information on all tax aspects of the Contracts.
Moreover, the tax aspects that apply to a particular person's Contract may vary
depending on the facts applicable to that person. We do not discuss state income
and other state taxes, federal income tax and withholding rules for non-U.S.
taxpayers, or federal gift and estate taxes. Transfers of the Contract, rights
under the Contract, or payments under the Contract may be subject to gift or
estate taxes. You should not rely only on this document, but should consult your
tax adviser before your purchase.

Federal income tax rules include the United States laws in the Internal
Revenue Code, and Treasury Department Regulations and Internal Revenue Service
("IRS") interpretations of the Internal Revenue Code. These tax rules may
change. We cannot predict whether, when, or how these rules could change. Any
change could affect Contracts purchased before the change.

TRANSFERS AMONG INVESTMENT OPTIONS

You can make transfers among investment options inside the Contract without
triggering taxable income.

TAXATION OF NONQUALIFIED ANNUITIES

CONTRIBUTIONS

You may not deduct the amount of your contributions for a nonqualified
annuity contract.

CONTRACT EARNINGS

Generally, you are not taxed on Contract earnings until you receive a
distribution from your Contract, whether as a withdrawal or as an annuity
payment. However, earnings are taxable, even without a distribution:

o if a Contract fails investment diversification requirements as
specified in federal income tax rules (these rules are based on or are
similar to those specified for mutual funds under the securities
laws);

o if you transfer a Contract, for example, as a gift to someone other
than your spouse (or former spouse);

o if you use a Contract as security for a loan (in this case, the amount
pledged will be treated as a distribution); and

o if the owner is other than an individual (such as a corporation,
partnership, trust, or other non-natural person).

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All nonqualified deferred annuity contracts that we issue to you during the
same calendar year are linked together and treated as one contract for computing
the taxable amount of any distribution from any of those contracts.

ANNUITY PAYMENTS

Once annuity payments begin, a portion of each payment is taxable as
ordinary income. The remaining portion is a tax-free recovery of investment in
the contract. Generally, your investment in the Contract equals the
contributions you made, less any amounts you previously withdrew that were not
taxable.

For fixed annuity payments, the tax-free portion of each payment is
determined by (1) dividing your investment in the Contract by the total amount
you are expected to receive out of the Contract, and (2) multiplying the result
by the amount of the payment. For variable annuity payments, your investment in
the Contract divided by the number of expected payments is your tax-free portion
of each payment.

Once you have received the amount of your investment in the Contract, all
payments after that are fully taxable. If payments under a life annuity stop
because the annuitant dies, there is an income tax deduction for any unrecovered
investment in the contract.

PAYMENT MADE BEFORE ANNUITY PAYMENTS BEGIN

If you make withdrawals before annuity payments begin under your Contract,
they are taxable to you as ordinary income if there are earnings in the
Contract. Generally, earnings are your account value less your investment in the
Contract. If you withdraw an amount which is more than the earnings in the
contract as of the date of the withdrawal, the balance of the distribution is
treated as a return of your investment in the Contract and is not taxable.

CONTRACTS PURCHASED THROUGH EXCHANGES

You may purchase your NQ Contract through an exchange of another contract.
Normally, exchanges of contracts are taxable events. The exchange will not be
taxable under Section 1035 of the Internal Revenue Code if:

o The Contract which is the source of the funds you are using to
purchase the NQ Contract is another nonqualified deferred annuity
contract (or life insurance or endowment contract).

o The owner and the annuitant are the same under the source contract and
the Equitable Accumulator Select NQ Contract (if you are using a life
insurance or endowment contract the owner and the insured must be the
same on both sides of the exchange transaction).

The tax basis of the source contract carries over to the Equitable
Accumulator Select NQ Contract.

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SURRENDERS

If you surrender or cancel the Contract, the distribution is taxable as
ordinary income (not capital gain) to the extent it exceeds your investment in
the Contract.

DEATH BENEFIT PAYMENTS MADE TO A BENEFICIARY AFTER YOUR DEATH

For the rules applicable to death benefits, see "Payment of Death Benefit"
and "When an NQ Contract Owner Dies Before the Annuitant" earlier in this
prospectus. The tax treatment of a death benefit taken as a single sum is
generally the same as the tax treatment of a withdrawal from or surrender of
your Contract. The tax treatment of a death benefit taken as annuity payments is
generally the same as the tax treatment of annuity payments under your Contract.

EARLY DISTRIBUTION PENALTY TAX

If you take distributions before you are age 59 1/2 a penalty tax of 10% of
the taxable portion of your distribution applies in addition to the income tax.
The extra penalty tax does not apply to pre-age 59 1/2 distributions made:

o on or after your death;

o because you are disabled (special federal income tax definition); or

o in the form of substantially equal periodic annuity payments for your
life (or life expectancy) or the joint lives (or joint life
expectancy) of you and a beneficiary.

SPECIAL RULES FOR NQ CONTRACTS ISSUED IN PUERTO RICO

Under current law we treat income from NQ Contracts as U.S.-source. A
Puerto Rico resident is subject to U.S. taxation on such U.S.-source income.
Only Puerto Rico-source income of Puerto Rico residents is excludable from U.S.
taxation. Income from NQ Contracts is also subject to Puerto Rico tax. The
computation of the taxable portion of amounts distributed from a Contract may
differ in the two jurisdictions. Therefore, you might have to file both U.S. and
Puerto Rico tax returns, showing different amounts of income from the contract
for each tax return. Puerto Rico generally provides a credit against Puerto Rico
tax for U.S. tax paid. Depending on your personal situation and the timing of
the different tax liabilities, you may not be able to take full advantage of
this credit.

INDIVIDUAL RETIREMENT ARRANGEMENTS ("IRAS")

GENERAL

"IRA" stands for individual retirement arrangement. There are two basic
types of such arrangements, Individual Retirement Accounts and Individual
Retirement Annuities. In an Individual Retirement Account, a trustee or
custodian holds the assets for the benefit of the IRA owner. The assets can
include mutual funds and certificates of deposit. In an Individual Retirement
Annuity, an insurance company issues an annuity contract that serves as the IRA.

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There are several types of IRAs, as follows:

o "Traditional IRAs," typically funded on a pre-tax basis;

o Roth IRAs, first available in 1998, funded on an after-tax basis; and

o SEP-IRAs and SIMPLE-IRAs, issued and funded in connection with
employer-sponsored retirement plans.

Regardless of the type of IRA, your ownership interest in the IRA cannot be
forfeited. You or your beneficiaries who survive you are the only ones who can
receive the IRA's benefits or payments.

You can hold your IRA assets in as many different accounts and annuities as
you would like, as long as you meet the rules for setting up and making
contributions to IRAs. However, if you own multiple IRAs, you may be required to
aggregate IRA values or contributions for tax purposes. For further information
about individual retirement arrangements, you can read Internal Revenue Service
Publication 590 ("Individual Retirement Arrangements (IRAs)"). This Publication
is usually updated annually, and can be obtained from any IRS district office or
the IRS Website (http://www.irs.ustreas.gov).

The Equitable Accumulator Select IRA Contract is designed to qualify as an
"individual retirement annuity" under Section 408(b) of the Internal Revenue
Code. This prospectus contains the information that the IRS requires you to have
before you purchase an IRA. This section of the prospectus covers some of the
special tax rules that apply to IRAs. The next section covers Roth IRAs.
Education IRAs are not discussed in this prospectus because they are not
available in individual retirement annuity form.

The Equitable Accumulator Select IRA Contract has been approved by the IRS
as to form for use as a Traditional IRA. We expect to submit the Roth IRA
version for formal IRS approval in the Spring of 1999. This IRS approval is a
determination only as to the form of the annuity. It does not represent a
determination of the merits of the annuity as an investment. The IRS approval
does not address every feature possibly available under the Equitable
Accumulator Select IRA Contract.

CANCELLATION

You can cancel an Equitable Accumulator Select IRA Contract by following
the directions under "Your Right to Cancel within a Certain Number of Days"
earlier in the prospectus. You can cancel an Equitable Accumulator Select Roth
IRA Contract issued as a result of a full conversion of an Equitable Accumulator
Select Traditional IRA Contract by following the instructions in the request for
full conversion form. The form is available from our Processing Office or your
Equitable Life associate. If you cancel a Traditional IRA or Roth IRA Contract,
we may have to withhold tax, and we must report the transaction to the IRS. A
contract cancellation could have an unfavorable tax impact.

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TRADITIONAL INDIVIDUAL RETIREMENT ANNUITIES (TRADITIONAL IRAS)

CONTRIBUTIONS TO TRADITIONAL IRAS

Individuals may make three different types of contributions to a
Traditional IRA:

o tax-free "rollover" contributions; or

o direct custodian-to-custodian transfers from other Traditional IRAs
("direct transfers"); or

o "regular" contributions out of earned income or compensation.

We require that all of your contributions to the Equitable Accumulator
Select Traditional IRA Contract must be either a rollover or a direct
custodian-to-custodian transfer. See "Rollovers and Transfers" below. Since we
do not permit regular contributions under the Equitable Accumulator Select
Traditional IRA Contract, we do not discuss them in great detail in this
prospectus.

EXCESS CONTRIBUTIONS

Excess contributions to IRAs are subject to a 6% excise tax for the year in
which made and for each year after until withdrawn. The following are excess
contributions to IRAs:

o "regular" contributions of more than $2,000;

o "regular" contributions of more than earned income for the year, if
that amount is under $2,000;

o "regular" contributions to a Traditional IRA made after you reach age
70 1/2; and

o rollover contributions of amounts which are not eligible to be rolled
over. For example, after-tax contributions to a qualified plan or
minimum distributions required to be made after age 70 1/2.

You can avoid the excise tax by withdrawing an excess contribution
(rollover or "regular") before the due date (including extensions) for filing
your federal income tax return for the year. If it is an excess "regular"
Traditional IRA contribution, you cannot take a tax deduction for the amount
withdrawn. The excess contribution withdrawn is not includable in income and is
not subject to the 10% additional penalty tax on early distributions, discussed
below under "Early Distribution Penalty Tax". You do have to withdraw any
earnings attributable to the excess contribution. The withdrawn earnings would
be includable in your gross income and could be subject to the 10% penalty tax.

Even after the due date for filing your return, you may withdraw an excess
rollover contribution, without income inclusion or 10% penalty, if:

(1) the rollover was from a qualified retirement plan to a Traditional
IRA;

(2) the excess contribution was due to incorrect information that the plan
provided; and

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(3) you took no tax deduction for the excess contribution.

ROLLOVERS AND TRANSFERS

Rollover contributions may be made to a Traditional IRA from these sources:

o qualified plans;

o TSAs (including Internal Revenue Code Section 403(b)(7) custodial
accounts); and

o other Traditional IRAs.

You may also switch Roth IRA funds to Traditional IRA funds, in accordance
with special federal income tax rules, if you use the forms we prescribe. This
is referred to as having "recharacterized" your contribution.

Any amount contributed to a Traditional IRA after you attain age 70 1/2
must be net of your required minimum distribution for the year in which the
rollover or direct transfer contribution is made.

ROLLOVERS FROM QUALIFIED PLANS OR TSAS

There are two ways to do rollovers:

o Do It Yourself

You actually receive a distribution which can be rolled over and you
roll it over to a Traditional IRA within 60 days after the date you
receive the funds. The distribution from your qualified plan or TSA
will be net of 20% mandatory federal income tax withholding. If you
want, you can replace the withheld funds yourself and roll over the
full amount.

o Direct rollover

You tell your qualified plan trustee or TSA issuer/custodian/fiduciary
to send the distribution directly to your Traditional IRA issuer.
Direct rollovers are not subject to mandatory federal income tax
withholding.

All distributions from a TSA or qualified plan are eligible rollover
distributions, unless the distribution is:

o only after-tax contributions you made to the plan;

o "required minimum distributions" after age 70 1/2 or separation from
service;

o substantially equal periodic payments made at least annually for your
life (or life expectancy) or the joint lives (or joint life
expectancies) of you and your designated beneficiary;

o a hardship withdrawal;

53
<PAGE>

o substantially equal periodic payments made for a specified period of
10 years or more;

o if you have contributed too much, corrective distributions which fit
specified technical tax rules;

o loans that are treated as distributions;

o a death benefit payment to a beneficiary who is not your surviving
spouse; and

o a qualified domestic relations order distribution to a beneficiary who
is not your current spouse or former spouse.

ROLLOVERS FROM TRADITIONAL IRAS TO TRADITIONAL IRAS

You may roll over amounts from one Traditional IRA to one or more of your
other Traditional IRAs if you complete the transaction within 60 days after you
receive the funds. You may make such a rollover only once in every 12-month
period for the same funds. Trustee-to-trustee or custodian-to-custodian direct
transfers are not rollover transactions. You can make these more frequently than
once in every 12-month period.

The surviving spouse beneficiary of a deceased individual can roll over or
directly transfer an inherited Traditional IRA to one or more other Traditional
IRAs. Also, in some cases, Traditional IRAs can be transferred on a tax-free
basis between spouses or former spouses as a result of a court ordered divorce
or separation decree.

WITHDRAWALS, PAYMENTS AND TRANSFERS OF FUNDS OUT OF TRADITIONAL IRAS

No Federal Income Tax Law Restrictions on Withdrawals

You can withdraw any or all of your funds from a Traditional IRA at any
time. You do not need to wait for a special event like retirement.

Taxation of Payments

Earnings in Traditional IRAs are not subject to federal income tax until
you or your beneficiary receive them. Taxable payments or distributions include
withdrawals from your Contract, surrender of your Contract and annuity payments
from your Contract. Death benefits are also taxable. Except as discussed below,
the amount of any distribution from a Traditional IRA is fully includable in
your gross income as ordinary income.

If you have ever made nondeductible IRA contributions to any Traditional
IRA (it does not have to be to this particular Traditional IRA Contract), those
contributions are recovered tax free when you get distributions from any
Traditional IRA. You must keep permanent tax records of all of your
nondeductible contributions to Traditional IRAs. At the end of any year in which
you have received a distribution from any Traditional IRA, you calculate the
ratio of your total nondeductible Traditional IRA contributions (less any
amounts previously withdrawn tax free) to the total account balances of all
Traditional IRAs you own at the end of the year plus all

<PAGE>

Traditional IRA distributions made during the year. Multiply this by all
distributions from the Traditional IRA during the year to determine the
nontaxable portion of each distribution.

In addition, a distribution is not taxable if:

o the amount received is a withdrawal of excess contributions, as
described under "Excess Contributions" above;

o the entire amount received is rolled over to another Traditional IRA
(see "Rollovers and Transfers" above); or

o in certain limited circumstances, where the Traditional IRA acts as a
"conduit," you roll over the entire amount into a qualified plan or
TSA that accepts rollover contributions. To get this "conduit"
Traditional IRA treatment:

o the source of funds you used to establish the Traditional IRA
must have been a rollover contribution from a qualified plan, and

o the entire amount received from the Traditional IRA (including
any earnings on the rollover contribution) must be rolled over
into another qualified plan within 60 days of the date received.

Similar rules apply in the case of a TSA.

However, you may lose conduit treatment, if you make an eligible rollover
distribution contribution to a Traditional IRA and you commingle this
contribution with other contributions. In that case, you may not be able to roll
over these eligible rollover distribution contributions and earnings to another
qualified plan or TSA at a future date.

Distributions from a Traditional IRA are not eligible for favorable
five-year averaging (or, in some cases, ten-year averaging and long-term capital
gain treatment) available to certain distributions from qualified plans.

REQUIRED MINIMUM DISTRIBUTIONS

Lifetime Required Minimum Distributions

You must start taking annual distributions from your Traditional IRAs
beginning at age 70 1/2.

When you have to take the first required minimum distribution

The first required minimum distribution is for the calendar year in which
you turn age 70 1/2. You have the choice to take this first required minimum
distribution during the calendar year you actually reach age 70 1/2, or to delay
taking it until the first three-month period in the next calendar year (January
1 - April 1). Distributions must start no later than your "Required Beginning
Date," which is April 1st of the calendar year after the calendar year in which
you turn age 70 1/2. If you choose to delay taking the first annual minimum
distribution, then you

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will have to take two minimum distributions in that year -- the delayed one for
the first year and the one actually for that year. Once minimum distributions
begin, they must be made at some time each year.

How you can calculate required minimum distributions

There are two approaches to taking required minimum distributions --
"account-based" or "annuity-based." If you choose an "account-based" method, you
divide the value of your Traditional IRA as of December 31st of the past
calendar year by a life expectancy factor from IRS tables. This gives you the
required minimum distribution amount for that particular IRA for that year. If
you choose an account-based method, the required minimum distribution amount
will vary each year as the account value and your life expectancy factors
change. If you choose an "annuity-based" method, you do not have to do annual
calculations. You apply the account value to an annuity payout for your life or
the joint lives of you and a designated beneficiary, or for a period certain not
extending beyond applicable life expectancies.

If you pick an account-based method, you have a choice of life expectancy
factors, depending on whether you choose a method based only on your life
expectancy, or the joint life expectancies of you and another individual. You
can decide to "recalculate" your life expectancy every year by using your
current life expectancy factor. You can decide instead to use the "term certain"
method, where you reduce your life expectancy by one every year after the
initial year. If your spouse is your designated beneficiary for the purpose of
figuring out annual account-based required minimum distributions, you can also
annually "recalculate" your spouse's life expectancy if you want. If you choose
someone who is not your spouse as your designated beneficiary for the purpose of
figuring out annual account-based required minimum distributions, you have to
use the "term certain" method of calculating that person's life expectancy. If
you pick a nonspouse designated beneficiary, you may also have to do another
special calculation.

If you pick an account-based method, you can later apply your Traditional
IRA funds to a life annuity-based payout. You can only do this if you already
chose to recalculate your life expectancy annually (and your spouse's life
expectancy if you select a spousal joint annuity). For example, if you
anticipate exercising your guaranteed minimum income benefit or selecting any
other form of life annuity payout after you are age 70 1/2, you must have
elected to recalculate life expectancies.

Do you have to pick the same method to calculate your required minimum
distributions for all of your Traditional IRAs and other retirement plans?

No. If you want, you can choose a different method and a different
beneficiary for each of your Traditional IRAs and other retirement plans. For
example, you can choose an annuity payout from one IRA, a different annuity
payout from a qualified plan, and an account-based annual withdrawal from
another IRA.

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Will we pay you the annual amount every year from your Traditional IRA
based on the method you choose?

No, unless you affirmatively select an annuity payout option or an
account-based withdrawal option such as our minimum distribution withdrawal
option. Because the options we offer do not cover every option permitted under
federal income tax rules, you may prefer to do your own required minimum
distribution calculations for one or more of your Traditional IRAs.

What if you take more than you need to for any year?

The correct required minimum distribution amount for your Traditional IRAs
is calculated on a year-by-year basis. There are no carry-back or carry-forward
provisions. Also, you cannot apply required minimum distribution amounts you
take from your qualified plans to the amounts you have to take from your
Traditional IRAs and vice-versa. However, the IRS will let you figure out the
required minimum distribution for each Traditional IRA that you maintain, using
the method that you picked for that particular IRA. You can add these required
minimum distribution amount calculations together. As long as the total amount
you take out every year satisfies your overall Traditional IRA required minimum
distribution amount, you may choose to take your annual required minimum
distribution from any one or more Traditional IRAs that you own.

What if you take less than you need to for any year?

Your IRA could be disqualified, and you could have to pay tax on the entire
value. Even if your IRA is not disqualified, you could have to pay a 50% penalty
tax on the shortfall (required amount for Traditional IRAs less amount actually
taken). It is your responsibility to meet the required minimum distribution
rules. We will remind you when our records show that your age 70 1/2 is
approaching. If you do not select a method with us, we will assume you are
taking your required minimum distribution from another Traditional IRA that you
own.

What are the required minimum distribution payments after you die?

If you die after either (a) the start of annuity payments, or (b) your
Required Beginning Date, your beneficiary must receive payment of the remaining
values in the Contract at least as rapidly as under the distribution method
before your death. In some circumstances, your surviving spouse may elect to
become the owner of the Traditional IRA and halt distributions until he or she
reaches age 70 1/2.

If you die before your Required Beginning Date and before annuity payments
begin, federal income tax rules require complete distribution of your entire
value in the Contract within five years after your death. Payments to a
designated beneficiary over the beneficiary's life or over a period certain that
does not extend beyond the beneficiary's life expectancy are also permitted, if
these payments start within one year of your death. A surviving spouse
beneficiary can also (a) delay starting any payments until you would have
attained 70 1/2 or (b) roll over your Traditional IRA into his or her own
Traditional IRA.

57
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Successor Annuitant and Owner

If your spouse is the sole primary beneficiary and elects to become the
successor annuitant and owner, no death benefit is payable until your surviving
spouse's death.

PAYMENTS TO A BENEFICIARY AFTER YOUR DEATH

IRA death benefits are taxed the same as IRA distributions.

BORROWING AND LOANS ARE PROHIBITED TRANSACTIONS

You cannot get loans from a Traditional IRA. You cannot use a Traditional
IRA as collateral for a loan or other obligation. If you borrow against your IRA
or use it as collateral, its tax-favored status will be lost as of the first day
of the tax year in which this prohibited event occurs. If this happens, you must
include the value of the Traditional IRA in your federal gross income. Also, the
early distribution penalty tax of 10% will apply if you have not reached age 59
1/2 before the first day of that tax year.

EARLY DISTRIBUTION PENALTY TAX

A penalty tax of 10% of the taxable portion of a distribution applies to
distributions from a Traditional IRA made before you reach age 59 1/2. The extra
penalty tax does not apply if the distribution is covered by an exception. No
penalty tax applies to pre-age 59 1/2 distributions made:

o on or after your death;

o because you are disabled (special federal income tax definition);

o used to pay certain extraordinary medical expenses (special federal
income tax definition);

o used to pay medical insurance premiums for unemployed individuals
(special federal income tax definition);

o used to pay certain first-time home buyer expenses (special federal
income tax definition);

o used to pay certain higher education expenses (special federal income
tax definition); or

o in the form of substantially equal periodic payments made at least
annually over your life (or your life expectancy), or over the joint
lives of you and your beneficiary (or your joint life expectancy)
using an IRS-approved distribution method.

To meet this last exception, you could elect to apply your Contract value
to an Income Manager (Life Annuity with a Period Certain) payout annuity
contract (level payments version). You could also elect the substantially equal
withdrawals option. We will calculate the substantially equal annual payments
under a method we select based on guidelines issued by the IRS (currently
contained in IRS Notice 89-25, Question and Answer 12). Although substantially

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equal withdrawals and Income Manager payments are not subject to the 10% penalty
tax, they are taxable as discussed in "Withdrawals, Payments and Transfers of
Funds Out of Traditional IRAs" above. Once substantially equal withdrawals or
Income Manager annuity payments begin, the distributions should not be stopped
or changed until the later of your attaining age 59 1/2 or five years after the
date of the first distribution, or the penalty tax, including an interest charge
for the prior penalty avoidance, may apply to all prior distributions under this
option. Also, it is possible that the IRS could view any additional withdrawal
or payment you take from your Contract as changing your pattern of substantially
equal withdrawals or Income Manager payments for purposes of determining whether
the penalty applies.

ROTH INDIVIDUAL RETIREMENT ANNUITIES (ROTH IRAS)

This section of the Prospectus covers some of the special tax rules that
apply to Roth IRAs. If the rules are the same as those that apply to the
Traditional IRA, we will refer you to the same topic under "Traditional IRAs."

The Equitable Accumulator Select Roth IRA Contract is designed to qualify
as a Roth individual retirement annuity under Sections 408A and 408(b) of the
Internal Revenue Code.

CONTRIBUTIONS TO ROTH IRAS

Individuals may make four different types of contributions to a Roth IRA:

o taxable "rollover" contributions from Traditional IRAs ("conversion"
contributions);

o tax-free rollover contributions from other Roth IRAs;

o tax-free direct custodian-to-custodian transfers from other Roth IRAs
("direct transfers"); or

o "regular" after-tax contributions out of earnings.

Since we only permit direct transfer and rollover contributions under the
Equitable Accumulator Select Roth IRA Contract, we do not discuss regular
after-tax contributions here. If you use the forms we require, we will also
accept Traditional IRA funds which are subsequently recharacterized as Roth IRA
funds following special federal income tax rules

Rollovers and Direct Transfers -- What Is the Difference between Rollover
and Direct Transfer Transactions?

You may make rollover contributions to a Roth IRA from only two sources:

o another Roth IRA ("tax-free rollover contribution"); or

o another Traditional IRA, including a SEP-IRA or SIMPLE-IRA, in a
taxable "conversion" rollover ("conversion contribution").

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You may not make contributions to a Roth IRA from a qualified plan under
Section 401(a) of the Internal Revenue Code, or a tax-sheltered arrangement
under Section 403(b) of the Internal Revenue Code. You may make direct transfer
contributions to a Roth IRA only from another Roth IRA.

The difference between a rollover transaction and a direct transfer
transaction is the following: In a rollover transaction you actually take
possession of the funds rolled over, or are considered to have received them
under tax law in the case of a change from one type of plan to another. In a
direct transfer transaction, you never take possession of the funds, but direct
the first Roth IRA custodian, trustee, or issuer to transfer the first Roth IRA
funds directly to Equitable Life, as the Roth IRA issuer. You can make direct
transfer transactions only between identical plan types (for example, Roth IRA
to Roth IRA). You can also make rollover transactions between identical plan
types. However, you can only use rollover transactions between different plan
types (for example, Traditional IRA to Roth IRA).

You may make both Roth IRA to Roth IRA rollover transactions and Roth IRA
to Roth IRA direct transfer transactions. This can be accomplished on a
completely tax-free basis. However you may make Roth IRA to Roth IRA rollover
transactions only once in any 12-month period for the same funds.
Trustee-to-trustee or custodian-to-custodian direct transfers can be made more
frequently than once a year. Also, if you send us the rollover contribution to
apply it to a Roth IRA, you must do so within 60 days after you receive the
proceeds from the original IRA to get rollover treatment.

The surviving spouse beneficiary of a deceased individual can roll over or
directly transfer an inherited Roth IRA to one or more other Roth IRAs. In some
cases, Roth IRAs can be transferred on a tax-free basis between spouses or
former spouses as a result of a court ordered divorce or separation decree.

Conversion Contributions to Roth IRAs

In a conversion rollover transaction, you withdraw (or are considered to
have withdrawn) all or a portion of funds from a Traditional IRA you maintain
and convert it to a Roth IRA within 60 days after you receive (or are considered
to have received) the Traditional IRA proceeds. Unlike a rollover from a
Traditional IRA to another Traditional IRA, the conversion rollover transaction
is not tax exempt. Instead, the distribution from the Traditional IRA is
generally fully taxable. For this reason, we are required to withhold 10%
federal income tax from the amount converted unless you elect out of such
withholding. (If you have ever made nondeductible regular contributions to any
Traditional IRA -- whether or not it is the Traditional IRA you are converting
- -- a pro rata portion of the distribution is tax exempt.)

There is, however, no early distribution penalty tax on the Traditional
IRA withdrawal that you are converting to a Roth IRA, even if you are under age
59 1/2.

You cannot make conversion contributions to a Roth IRA for any taxable
year in which your adjusted gross income exceeds $100,000. (For this purpose,
your adjusted gross income is computed without the gross income stemming from
the Traditional IRA conversion.) You also

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cannot make conversion contributions to a Roth IRA for any taxable year in which
your federal income tax filing status is "married filing separately."

Finally, you cannot make conversion contributions to a Roth IRA to the
extent that the funds in your Traditional IRA are subject to the annual required
minimum distribution rule applicable to Traditional IRAs beginning at age
70 1/2.

WITHDRAWALS, PAYMENTS AND TRANSFERS OF FUNDS OUT OF ROTH IRAS

No Federal Income Tax Law Restrictions on Withdrawals

You can withdraw any or all of your funds from a Roth IRA at any time; you
do not need to wait for a special event like retirement.

DISTRIBUTIONS FROM ROTH IRAS

Distributions include withdrawals from your Contract, surrender of your
Contract and annuity payments from your Contract. Death benefits are also
distributions.

The following distributions from Roth IRAs are free of income tax:

o Rollovers from a Roth IRA to another Roth IRA;

o Direct transfers from a Roth IRA to another Roth IRA;

o "Qualified Distributions" from Roth IRAs; and

o Return of excess contributions or amounts recharacterized to a
Traditional IRA.

Qualified Distributions from Roth IRAs

Qualified distributions from Roth IRAs made because of one of the following
four qualifying events or reasons are not includable in income:

o you reach age 59 1/2;

o you die;

o you become disabled (special federal income tax definition); or

o your distribution is a "qualified first-time homebuyer distribution"
(special federal income tax definition; $10,000 lifetime total limit
for these distributions from all of your Traditional and Roth IRAs).

You also have to meet a 5-year aging period. A qualified distribution is
any distribution made after the five-taxable year period beginning with the
first taxable year for which you made any contribution to any Roth IRA (whether
or not the one from which the distribution is being made).

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Nonqualified Distributions from Roth IRAs

Nonqualified distributions from Roth IRAs are distributions that do not
meet the qualifying event and five-year aging period tests described above. Such
distributions are potentially taxable as ordinary income. Nonqualified
distributions receive return-of-investment-first treatment. Only the difference
between the amount of the distribution and the amount of contributions to all of
your Roth IRAs is taxable. You have to reduce the amount of contributions to all
of your Roth IRAs to reflect any previous tax-free recoveries.

You must keep your own records of regular and conversion contributions to
all Roth IRAs to assure appropriate taxation. You may have to file information
on your contributions to and distributions from any Roth IRA on your tax return.
You may have to retain all income tax returns and records pertaining to such
contributions and distributions until your interests in all Roth IRAs are
distributed.

Like Traditional IRAs, taxable distributions from a Roth IRA are not
entitled to the special favorable five-year averaging method (or, in certain
cases, favorable ten-year averaging and long-term capital gain treatment)
available in certain cases to distributions from qualified plans.

REQUIRED MINIMUM DISTRIBUTIONS AT DEATH

Same as Traditional IRA under "What are the required minimum distribution
payments after you die?" Lifetime Required Minimum Distributions do not apply.

PAYMENTS TO A BENEFICIARY AFTER YOUR DEATH

Distributions to a beneficiary generally receive the same tax treatment as
if the distribution had been made to you.

BORROWING AND LOANS ARE PROHIBITED TRANSACTIONS

Same as Traditional IRA.

EXCESS CONTRIBUTIONS

Same as Traditional IRA, except that "Regular" contributions made after age
70 1/2 are not "excess contributions."

Excess rollover contributions to Roth IRAs are contributions not eligible
to be rolled over (for example, conversion contributions from a Traditional IRA
if your adjusted gross income is in excess of $100,000 in the conversion year).

You can withdraw or recharacterize any contribution to a Roth IRA
before the due date (including extensions) for filing your federal income tax
return for the tax year. If you do this, you must also withdraw or
recharacterize any earnings attributable to the contribution.

<PAGE>

EARLY DISTRIBUTION PENALTY TAX

Same as Traditional IRA.

For Roth IRAs, special penalty rules may apply to amounts withdrawn
attributable to 1998 conversion rollovers.

SPECIAL RULES FOR NONQUALIFIED CONTRACTS IN QUALIFIED PLANS

Under QP Contracts your plan administrator or trustee notifies you as to
tax consequences.

TAX SHELTERED ANNUITY CONTRACTS (TSAS)

GENERAL

This section of the Prospectus covers some of the special tax rules that
apply to tax sheltered annuity contracts under Section 403(b) of the Internal
Revenue Code (TSAs). If the rules are the same as those that apply to another
kind of contract, for example, Traditional IRAs, we will refer you to the same
topic under "Traditional IRAs."

CONTRIBUTIONS TO TSAS

There are two ways you can make contributions to this Equitable Accumulator
Select TSA Contract:

o a rollover from another TSA contract or arrangement that meets the
requirements of Section 403(b) of the Internal Revenue Code, or

o a full or partial direct transfer of assets ("direct transfer") from
another contract or arrangement that meets the requirements of Section
403(b) of the Internal Revenue Code by means of IRS Revenue Ruling
90-24.

With appropriate written documentation satisfactory to us, we will accept
rollover contributions from "conduit IRAs" for TSA funds.

If you make a direct transfer, you must fill out our transfer form.

Employer-Remitted Contributions

The Equitable Accumulator Select TSA Contract does not accept
employer-remitted contributions. However, we provide the following discussion as
part of our description of restrictions on the distribution of funds directly
transferred, which include employer-remitted contributions to other TSAs.

<PAGE>

Employer-remitted contributions to TSAs made through the employer's payroll
are subject to annual limits. (Tax-free transfer or tax-deferred rollover
contributions from another 403(b) arrangement are not subject to these annual
contribution limits.) Commonly, some or all of the contributions made to a TSA
are made under a salary reduction agreement between the employee and the
employer. These contributions are called "salary reduction" or "elective
deferral" contributions. However, a TSA can also be wholly or partially funded
through nonelective employer contributions or after-tax employee contributions.
Amounts attributable to salary reduction contributions to TSAs are generally
subject to withdrawal restrictions. Also, all amounts attributable to
investments in a 403(b)(7) custodial account are subject to withdrawal
restrictions discussed below.

Rollover or Direct Transfer Contributions

You may make rollover contributions to your Equitable Accumulator Select
TSA Contract from TSAs under Section 403(b) of the Internal Revenue Code.
Generally, you may make a rollover contribution to a TSA when you have a
distributable event from an existing TSA as a result of your:

o termination of employment with the employer who provided the TSA
funds,

o the attainment of age 59 1/2 even if you are still employed, or

o disability (special federal income tax definition).

A transfer occurs when changing the funding vehicle, even if there is no
distributable event. Under a direct transfer, you do not receive a distribution.
We accept direct transfers of TSA funds under Revenue Ruling 90-24 only if:

o you give us acceptable written documentation as to the source of the
funds, and

o the Equitable Accumulator Select TSA Contract receiving the funds has
provisions at least as restrictive as the source contract.

Before you transfer funds to an Equitable Accumulator Select TSA Contract,
you may have to obtain your employer's authorization or demonstrate that you do
not need employer authorization. For example, the transferring TSA may be
subject to Title I of ERISA, if the employer makes matching contributions to
salary reduction contributions made by employees. In that case, the employer
must continue to approve distributions from the plan or contract.

Your contribution to the Equitable Accumulator Select TSA must be net of
the required minimum distribution for the tax year in which we issue the
Contract if:

o you are or will be at least age 70 1/2 in the current calendar year,
and

o you have separated from service with the employer who provided the
funds to purchase the TSA you are transferring or rolling over to the
Equitable Accumulator Select TSA.

<PAGE>

This rule applies regardless of whether the source of funds is a:

o rollover by check of the proceeds from another TSA,

o direct rollover from another TSA, or

o direct transfer under Revenue Ruling 90-24 from another TSA.

Further, you must use the same elections regarding recalculation of your
life expectancy (and if applicable, your spouse's life expectancy), if you have
already begun to receive required minimum distributions from or with respect to
the TSA from which you are making your contribution to the Equitable Accumulator
Select TSA. You must also elect or have elected a minimum distribution
calculation method requiring recalculation of your life expectancy (and if
applicable, your spouse's life expectancy) if you elect an annuity payout for
the funds in this Contract subsequent to this year.

DISTRIBUTIONS FROM TSAS

General

Depending on the terms of the employer plan and your employment status, you
may have to get your employer's consent to take a loan or withdrawal. Your
employer will tell us this when you establish the TSA through a direct transfer.

Withdrawal Restrictions

If this is a Revenue Ruling 90-24 direct transfer, we will treat all
amounts transferred to this Contract and any future earnings on the amount
transferred as not eligible for withdrawal until one of the following events
happens:

o you are separated from service with the employer who provided the
funds to purchase the TSA you are transferring to the Equitable
Accumulator Select TSA;

o you reach age 59 1/2;

o you die;

o you become disabled (special federal income tax definition);

o you take a "hardship" withdrawal (special federal income tax
definition).

If any portion of the funds directly transferred to your TSA Contract is
attributable to amounts that you invested in a 403(b)(7) custodial account, such
amounts, including earnings, are subject to withdrawal restrictions. With
respect to the portion of the funds that were never invested in a 403(b)(7)
custodial account, these restrictions apply to the salary reduction (elective
deferral) contributions to a TSA annuity contract you made and any earnings on
them. These restrictions do not apply to the amount directly transferred to your
TSA Contract that represents your December 31, 1988 account balance attributable
to salary reduction contributions to a TSA annuity contract and earnings. To
take advantage of this grandfathering you must properly

<PAGE>

notify us in writing at our Processing Office of your December 31, 1988 account
balance if you have qualifying amounts transferred to your TSA Contract.

This paragraph applies only to participants in a Texas Optional Retirement
Program. Texas Law permits withdrawals only after one of the following
distributable events occur:

(1) the requirements for minimum distribution (discussed under "Minimum
Distributions" below) are met,

(2) death,

(3) retirement, or

(4) termination of employment in all Texas public institutions of higher
education.

For you to make a withdrawal, we must receive a properly completed written
acknowledgement from the employer. If a distributable event occurs before you
are vested, we will refund to the employer any amounts provided by an employer's
first-year matching contribution. We reserve the right to change these
provisions without your consent, but only to the extent necessary to maintain
compliance with applicable law. Loans are not permitted under Texas Optional
Retirement Programs.

Tax Treatment of Distributions

Amounts held under TSAs are generally not subject to federal income tax
until benefits are distributed. Distributions include withdrawals from your TSA
Contract and annuity payments from your TSA Contract. Death benefits paid to a
beneficiary are also taxable distributions. Unless an exception applies, amounts
distributed from TSAs are includable in gross income as ordinary income.
Distributions from TSAs may be subject to 20% federal income tax withholding.
See "Federal and State Income Tax Withholding and Information Reporting" below.
In addition, TSA distributions may be subject to additional tax penalties.

If you have made after-tax contributions, you will have a tax basis in your
TSA Contract, which will be recovered tax-free. Since we do not track your
investment in the Contract, if any, it is your responsibility to determine how
much of the distribution is taxable.

Distributions Before Annuity Payments Begin. On a total surrender, the
amount received in excess of the investment in the contract is taxable. We will
report the total amount of the distribution. The amount of any partial
distribution from a TSA prior to the annuity starting date is generally taxable,
except to the extent that the distribution is treated as a withdrawal of
after-tax contributions. Distributions are normally treated as pro rata
withdrawals of after-tax contributions and earnings on those contributions.

Annuity Payments. If you elect an annuity payout option, you will recover
any investment in the Contract as each payment is received by dividing the
investment in the contract by an expected return determined under an IRS table
prescribed for qualified annuities. The amount of each payment not excluded from
income under this exclusion ratio is fully taxable. The full amount of the
payments received after your investment in the Contract is recovered is

<PAGE>

fully taxable. If you (and your beneficiary under a joint and survivor annuity)
die before recovering the full investment in the Contract, a deduction is
allowed on your (or your beneficiary's) final tax return.

PAYMENTS TO A BENEFICIARY AFTER YOUR DEATH

Death benefit distributions from a TSA generally receive the same tax
treatment as distributions during your lifetime. In some instances,
distributions from a TSA made to your surviving spouse may be rolled over to a
Traditional IRA.

LOANS FROM TSAS

You may take loans from a TSA unless restricted by the employer (for
example, under an employer plan subject to ERISA). If you cannot take a loan, or
cannot take a loan without approval from the employer who provided the funds, we
will have this information in our records based on what you and the employer who
provided the TSA funds told us when you purchased your Contract.

Loans are generally not treated as a taxable distribution. If the amount of
the loan exceeds permissible limits under federal income tax rules when made,
the amount of the excess is treated (solely for tax purposes) as a taxable
distribution. Additionally, if the loan is not repaid at least quarterly,
amortizing interest and principal, the amount not repaid when due will be
treated as a taxable distribution. Under Proposed Treasury Regulations the
entire unpaid balance of the loan is includable in income in the year of the
default.

TSA loans are subject to federal income tax limits and may also be subject
to the limits of the plan from which the funds came. Federal income tax rule
requirements apply even if the plan is not subject to ERISA. For example, loans
offered by TSAs are subject to the following conditions:

o The amount of a loan to a participant, when aggregated with all other
loans to the participant from all qualified plans of the employer,
cannot exceed the greater of $10,000 or 50% of the participant's
nonforfeitable accrued benefits, and cannot exceed $50,000 in any
event. This $50,000 limit is reduced by the excess (if any) of the
highest outstanding loan balance over the previous twelve months over
the outstanding loan balance of plan loans on the date the loan was
made.

o In general, the term of the loan cannot exceed five years unless the
loan is used to acquire the participant's primary residence. Equitable
Accumulator Select TSA Contracts have a term limit of 10 years for
loans used to acquire the participant's primary residence.

o All principal and interest must be amortized in substantially level
payments over the term of the loan, with payments being made at least
quarterly.

The amount borrowed and not repaid may be treated as a distribution if:

o the loan does not qualify under the conditions above,

<PAGE>

o the participant fails to repay the interest or principal when due, or

o in some instances, the participant separates from service with the
employer who provided the funds or the plan is terminated.

In this case, the participant may have to include the unpaid amount due as
ordinary income. In addition, the 10% early distribution penalty tax may apply.
The amount of the unpaid loan balance is reported to the IRS on Form 1099-R as a
distribution.

TAX-DEFERRED ROLLOVERS AND DIRECT TRANSFERS

You may roll over any "eligible rollover distribution" from a TSA into
another eligible retirement plan, either directly or within 60 days of your
receiving the distribution. To the extent rolled over, a distribution remains
tax deferred.

You may roll over a distribution from a TSA to another TSA or to a
Traditional IRA. A spousal beneficiary may roll over death benefits only to a
Traditional IRA.

The taxable portion of most distributions will be eligible for rollover,
except as specifically excluded under federal income tax rules. Distributions
that you cannot roll over generally include periodic payments for life or for a
period of 10 years or more, hardship withdrawals, and required minimum
distributions under federal income tax rules.

Direct transfers of TSA funds from one TSA to another under Revenue Ruling
90-24 are not distributions.

REQUIRED MINIMUM DISTRIBUTIONS

Same as Traditional IRA with these differences:

When you have to take the first required minimum distribution

The minimum distribution rules force TSA participants to start computing
and taking annual distributions from their TSAs by a required date. Generally,
you must take the first required minimum distribution for the calendar year in
which you turn age 70 1/2. You may be able to delay the start of required
minimum distributions for all or part of your account balance until after age
70 1/2, as follows:

o For TSA participants who have not retired from service with the
employer who provided the funds for the TSA by the calendar year the
participant turns age 70 1/2, the Required Beginning Date for minimum
distributions is extended to April 1 following the calendar year of
retirement.

o TSA plan participants may also delay start of required minimum
distributions to age 75 of the portion of their account value
attributable to their December 31, 1986 TSA account balance, even if
retired at age 70 1/2. (We will know whether or not you qualify for
this exception because it will only apply to people who establish
their

<PAGE>

Equitable Accumulator Select TSAs by direct Revenue Ruling 90-24
transfers. If you do not give us the amount of your December 31, 1986
account balance which is being transferred to the Equitable
Accumulator Select TSA on the form used to establish the TSA, you do
not qualify).

SPOUSAL CONSENT RULES

This will only apply to you if you establish your Equitable Accumulator
Select TSA by direct Revenue Ruling 90-24 transfer. Your employer will tell us
on the form used to establish the TSA whether or not you need to get spousal
consent for loans, withdrawals, or other distributions. If you do, you will need
such consent if you are married when you request a withdrawal under the TSA
Contract. In addition, unless you elect otherwise with the written consent of
your spouse, the retirement benefits payable under the plan must be paid in the
form of a qualified joint and survivor annuity ("QJSA"). A QJSA is an annuity
payable for the life of the annuitant with a survivor annuity for the life of
the spouse in an amount not less than one-half of the amount payable to the
annuitant during his or her lifetime. In addition, if you are married, the
beneficiary must be your spouse, unless your spouse consents in writing to the
designation of another beneficiary.

If you are married and you die before annuity payments have begun, payments
will be made to your surviving spouse in the form of a life annuity unless at
the time of your death a contrary election was in effect. However, your
surviving spouse may elect, before payments begin, to receive payments in any
form permitted under the terms of the TSA Contract and the plan of the employer
who provided the funds for the TSA.

EARLY DISTRIBUTION PENALTY TAX

A penalty tax of 10% of the taxable portion of a distribution applies to
distributions from a TSA before you reach age 59 1/2. This is in addition to any
income tax. There are exceptions to the extra penalty tax. No penalty tax
applies to pre-age 59 1/2 distributions made:

o on or after your death;

o because you are disabled (special federal income tax definition);

o used to pay certain extraordinary medical expenses (special federal
income tax definition);

o if you are separated from service, any form of payout after you are
age 55; or

o only if you are separated from service, a payout in the form of
substantially equal periodic payments made at least annually over your
life (or your life expectancy), or over the joint lives of you and
your beneficiary (or your joint life expectancy) using an IRS-approved
distribution method.

<PAGE>

FEDERAL AND STATE INCOME TAX WITHHOLDING AND INFORMATION REPORTING

We must withhold federal income tax from distributions from annuity
contracts. You may be able to elect out of this income tax withholding in some
cases. Generally, we do not have to withhold if your distributions are not
taxable. The rate of withholding will depend on the type of distribution and, in
certain cases, the amount of your distribution. Any income tax withheld is a
credit against your income tax liability. If you do not have sufficient income
tax withheld or do not make sufficient estimated income tax payments, you may
incur penalties under the estimated income tax rules.

You must file your request not to withhold in writing before the payment or
distribution is made. Our Processing Office will provide forms for this purpose.
You cannot elect out of withholding unless you provide us with your correct
Taxpayer Identification Number and a United States residence address. You cannot
elect out of withholding if we are sending the payment out of the United States.

You should note the following special situations:

o We might have to withhold on amounts we pay under a free look or
cancellation.

o We are generally required to withhold on conversion rollovers of
Traditional IRAs to Roth IRAs, as it is considered a withdrawal from
the Traditional IRA and is taxable.

o We are required to withhold on the gross amount of a distribution from
a Roth IRA unless you elect out of withholding. This may result in tax
being withheld even though the Roth IRA distribution is not taxable in
whole or in part.

Special withholding rules apply to foreign recipients and United States
citizens residing outside the United States. We do not discuss these rules here.
Certain states have indicated that state income tax withholding will also apply
to payments from the Contracts made to residents. In some states, you may elect
out of state withholding, even if federal withholding applies. Generally, an
election out of federal withholding will also be considered an election out of
state withholding. If you need more information concerning a particular state or
any required forms, call our Processing Office at the toll-free number.

FEDERAL INCOME TAX WITHHOLDING ON PERIODIC ANNUITY PAYMENTS

We withhold differently on "periodic" and "non-periodic" payments. For a
periodic annuity payment, for example, unless you specify a different number of
withholding exemptions, we withhold assuming that you are married and claiming
three withholding exemptions. If you do not give us your correct Taxpayer
Identification Number, we withhold as if you are single with no exemptions.

Based on the assumption that you are married and claiming three withholding
exemptions, if you receive less than $14,700 in periodic annuity payments in
1999 your payments will generally be exempt from federal income tax withholding.
You could specify a different choice of withholding exemption or request that
tax be withheld. Your withholding

<PAGE>

election remains effective unless and until you revoke it. You may revoke or
change your withholding election at any time.

FEDERAL INCOME TAX WITHHOLDING ON NON-PERIODIC ANNUITY PAYMENTS
(WITHDRAWALS)

For a non-periodic distribution (total surrender or partial withdrawal), we
withhold generally at a flat 10% rate. We apply that rate to the taxable amount
in the case of nonqualified Contracts, and to the payment amount in the case of
IRAs and Roth IRAs).

You cannot elect out of withholding if the payment is an "eligible rollover
distribution" from a qualified plan or TSA. If a non-periodic distribution from
a qualified plan or TSA is not an "eligible rollover distribution" then the 10%
withholding rate applies.

MANDATORY WITHHOLDING FROM TSA AND QUALIFIED PLAN DISTRIBUTIONS

Unless you have the distribution go directly to the new plan, eligible
rollover distributions from qualified plans and TSAs are subject to mandatory
20% withholding. An eligible rollover distribution from a TSA can be rolled over
to another TSA or a Traditional IRA. An eligible rollover distribution from a
qualified plan can be rolled over to another qualified plan or Traditional IRA.
All distributions from a TSA or qualified plan are eligible rollover
distributions unless they are on the following list of exceptions:

o any after-tax contributions you made to the plan;

o any distributions which are "required minimum distributions" after age
70 1/2 or separation from service;

o hardship withdrawals;

o substantially equal periodic payments made at least annually for your
life (or life expectancy) or the joint lives (or joint life
expectancy) of you and your designated beneficiary;

o substantially equal periodic payments made for a specified period of
10 years or more;

o corrective distributions which fit specified technical tax rules;

o loans that are treated as distributions;

o a death benefit payment to a beneficiary who is not your surviving
spouse; and

o a qualified domestic relations order distribution to a beneficiary who
is not your current spouse or former spouse.

A death benefit payment to your surviving spouse, or a qualified domestic
relations order distribution to your current or former spouse, may be a
distribution subject to mandatory 20% withholding.

<PAGE>

IMPACT OF TAXES TO EQUITABLE LIFE

The Contracts provide that we may charge Separate Account No. 45 for taxes.
We do not now, but may in the future set up reserves for such taxes.

MORE INFORMATION

ABOUT OUR SEPARATE ACCOUNT NO. 45

Each variable investment option is a subaccount of our Separate Account No.
45. We established Separate Account No. 45 in 1994 under provisions of the New
York Insurance Law. These provisions prevent creditors from any other business
we conduct from reaching the assets we hold in our variable investment options
for owners of our variable annuity contracts, including these Contracts. The
results of Separate Account No. 45's operations are accounted for without regard
to Equitable Life's other operations. We are the legal owner of all of the
assets in Separate Account No. 45 and may withdraw any amounts that exceed our
reserves and other liabilities with respect to variable investment options under
our contracts.

Separate Account No. 45 is registered under the Investment Company Act of
1940 and is classified by that act as a "unit investment trust." The SEC,
however, does not manage or supervise Equitable Life or Separate Account No. 45.

Each subaccount (variable investment option) within Separate Account No. 45
invests solely in class IB shares issued by the corresponding Portfolio of The
Hudson River Trust and EQ Advisors Trust.

We reserve the right subject to compliance with laws that apply:

(1) to add variable investment options to, or to remove variable
investment options from, Separate Account No. 45, or to add other
separate accounts;

(2) to combine any two or more variable investment options;

(3) to transfer the assets we determine to be the shares of the class of
contracts to which the Contracts belong from any variable investment
option to another variable investment option;

(4) to operate Separate Account No. 45 or any variable investment option
as a management investment company under the Investment Company Act of
1940 (in which case, charges and expenses that otherwise would be
assessed against an underlying mutual fund would be assessed against
Separate Account No. 45 or a variable investment option directly);

(5) to deregister Separate Account No. 45 under the Investment Company Act
of 1940;

(6) to restrict or eliminate any voting rights as to Separate Account No.
45; and

(7) to cause one or more variable investment options to invest some or all
of their assets in one or more other trusts or investment companies.

<PAGE>

ABOUT THE HUDSON RIVER TRUST AND EQ ADVISORS TRUST

Both of the Trusts are registered under the Investment Company Act of 1940.
They are classified as "open-end management investment companies," more commonly
called mutual funds. Each Trust issues different series of stock relating to a
different Portfolio of the Trust.

The Trusts do not impose sales charges or "loads" for buying and selling
their shares. All dividends and other distributions on a Trust's shares are
reinvested in full. The Board of Trustees of each Trust may establish additional
Portfolios or eliminate existing Portfolios at any time. More detailed
information about the Trusts, their investment objectives, policies,
restrictions, risks, expenses, their Rule 12b-1 Plans relating to their Class IB
shares, and other aspects of their operations, appears in their prospectuses, or
in their SAIs, which are available upon request.

ABOUT OUR FIXED INTEREST OPTIONS

GUARANTEED RATES AND PRICE PER $100 OF MATURITY VALUE

We can determine the amount required to be allocated to one or more fixed
interest options in order to produce target maturity values. For example, we can
tell you how much you need to allocate per $100 of maturity value.

Guaranteed rates for new allocations as of April 15, 1999 and the related
price per $100 of maturity value were as follows:

- --------------------------------------------------------------------------------

FIXED INTEREST OPTIONS
WITH FEBRUARY 15TH GUARANTEED PRICE
MATURITY DATE OF RATE AS OF PER $100 OF
MATURITY YEAR APRIL 15, 1999 MATURITY VALUE

- --------------------------------------------------------------------------------
2000 % $
2001 %
2002 %
2003 %
2004 %
2005 %
2006 %
2007 %
2008 %
2009 %
- --------------------------------------------------------------------------------

HOW WE DETERMINE THE MARKET VALUE ADJUSTMENT

We use the following procedure to calculate the market value adjustment (up
or down) we make if you withdraw all of your value from a fixed interest option
before its maturity date.

<PAGE>

(1) We determine the present value of the maturity value on the date of
the withdrawal as follows:

(a) We determine the guaranteed period amount that would be payable
on the maturity date, using the guaranteed rate for the fixed
interest option.

(b) We determine the period remaining in your fixed interest option
(based on the withdrawal date) and convert it to fractional years
based on a 365-day year. For example, three years and 12 days
becomes 3.0329.

(c) We determine the current guaranteed rate which applies on the
withdrawal date to new allocations to the same fixed interest
option.

(d) We determine the present value of the guaranteed period amount
payable at the maturity date, using the period determined in (b)
and the rate determined in (c).

(2) We determine the guaranteed period amount as of the current date.

(3) We subtract (2) from the result in (1)(d). The result is the market
value adjustment applicable to such fixed interest option, which may
be positive or negative.

If you withdraw only a portion of the amount in a fixed interest option,
the market value adjustment will be a percentage of the market value adjustment
that would have applied if you had withdrawn the entire value in that fixed
interest option. This percentage is equal to the percentage of the value in the
fixed interest option that you are withdrawing. See Appendix II for an example.

For purposes of calculating the guaranteed rate for new allocations to a
fixed interest option (see (1)(c) above), we use the rate we have in effect for
new allocations to that fixed interest option. We use this rate even if new
allocations to that option would not be accepted at that time. This rate will
not be less than 3%. If we do not have a guaranteed rate in effect for a fixed
interest option to which the "current guaranteed rate" in (1)(c) would apply, we
will use the rate at the next closest maturity date. If we are no longer
offering new fixed interest options, the "current guaranteed rate" will be
determined in accordance with our procedures then in effect. We reserve the
right to add up to 0.25% to the current rate in (1)(c) above for purposes of
calculating the market value adjustment only.

INVESTMENTS UNDER THE FIXED INTEREST OPTIONS

Amounts allocated to the fixed interest options are held in a "nonunitized"
separate account we have established under the New York Insurance Law. This
separate account provides an additional measure of assurance that we will make
full payment of amounts due under the fixed interest options. Under New York
Insurance Law, the portion of the separate account's assets equal to the
reserves and other contract liabilities relating to the Contracts are not
chargeable with liabilities from any other business we may conduct. We own the
assets of the separate account, as well as any favorable investment performance
on those assets. Contract owners do not participate in the performance of the
assets held in this separate account. We may, subject to state law which
applies, transfer all assets allocated to the separate account to our general
account. We guarantee all benefits relating to your value in the fixed interest
options,

<PAGE>

regardless of whether assets supporting fixed interest options are held in a
separate account or our general account.

We have no specific formula for establishing the guaranteed rates for the
fixed interest options. We expect the rates to be influenced by, but not
necessarily correspond to, among other things, the yields that we can expect to
realize on the separate account's investments from time to time. Our current
plans are to invest in fixed-income obligations, including corporate bonds,
mortgage-backed and asset-backed securities, and government and agency issues
having durations in the aggregate consistent with those of the fixed interest
options.

Although the above generally describes our plans for investing the assets
supporting our obligations under the fixed portion of the Contracts, we are not
obligated to invest those assets according to any particular plan except as we
may be required to by state insurance laws. We will not determine the guaranteed
rates we establish by the performance of the nonunitized separate account.

ABOUT THE GENERAL ACCOUNT

Our general account supports all of our policy and contract guarantees,
including those that apply to the fixed interest options as well as our general
obligations.

The general account is subject to regulation and supervision by the
Insurance Department of the State of New York and to the insurance laws and
regulations of all jurisdictions where we are authorized to do business. Because
of exemptions and exclusionary provisions that apply, interests in the general
account have not been registered under the Securities Act of 1933. The general
account is not an investment company under the Investment Company Act of 1940.
However, the market value adjustment interests under the Contracts are
registered under the Securities Act of 1933.

We have been advised that the staff of the SEC has not reviewed the
portions of this prospectus that relate to the general account (other than
market value adjustment interests). The disclosure, however, may be subject to
certain provisions of the federal securities laws relating to the accuracy and
completeness of statements made in prospectuses.

ABOUT OTHER METHODS OF PAYMENT

WIRE TRANSMITTALS

We accept initial contributions sent by wire to our Processing Office by
agreement with certain broker-dealers. The transmittals must be accompanied by
information we require to allocate your contribution. Wire orders not
accompanied by complete information may be retained as described under "How You
Can Make Your Contributions."

Even if we accept the wire order and essential information, a Contract
generally will not be issued until we receive and accept a properly completed
application. In certain cases we may

<PAGE>

issue a Contract based on information forwarded electronically. In these cases,
you must sign our Acknowledgement of Receipt form.

Where we require a signed application, no financial transactions will be
permitted until we receive the signed application and have issued the Contract.
Where we require an Acknowledgement of Receipt form, financial transactions are
only permitted if you request them in writing, sign the request and have it
signature guaranteed, until we receive the signed Acknowledgement of Receipt
form.

After your Contract has been issued, additional contributions may be
transmitted by wire.

AUTOMATIC INVESTMENT PROGRAM - FOR NQ CONTRACTS ONLY

You may use our automatic investment program, or "AIP," to have a specified
amount automatically deducted from a checking account, money market account, or
credit union checking account and contributed as an additional contribution into
an NQ Contract on a monthly or quarterly basis. AIP is not available for
Traditional IRA, Roth IRA, QP or TSA Contracts.

The minimum amounts we will deduct are $100 monthly and $300 quarterly. AIP
additional contributions may be allocated to any of the variable investment
options and available fixed interest options. You choose the day of the month
you wish to have your account debited as long as it is not later than the 28th
day of the month.

You may cancel AIP at any time by notifying our Processing Office in
writing at least two Business Days prior to the next scheduled transaction. We
are not responsible for any debits made to your account before the time written
notice of cancellation is received at our Processing Office.

DATES AND PRICES AT WHICH CONTRACT EVENTS OCCUR

We describe below the general rules for when, and at what prices, events
under your Contract will occur. Other portions of this prospectus describe
circumstances that may cause exceptions. We generally do not repeat those
exceptions below.

BUSINESS DAY

Our Business Day is generally any day that the New York Stock Exchange is
open for trading. Our Business Day ends at 4:00 p.m., Eastern Time for purposes
of determining the date when contributions are applied and any other transaction
requests are processed. Contributions will be applied and any other transaction
requests will be processed when they are received along with all the required
information.

o If your contribution, transfer or any other transaction request,
containing all the required information, reaches us on a non-Business
Day or after 4:00 on a Business Day, we will use the next Business
Day.

<PAGE>

o A loan request under your TSA Contract will be processed on the first
Business Day of the month following the date on which the properly
completed loan request form is received.

o If your transaction is set to occur on the same day of the month as
the Contract Date and that date is the 29th, 30th or 31st of the
month, then the transaction will occur on either the 28th day of the
month or the 1st day of the next month, whichever is the closest
Business Day.

CONTRIBUTIONS AND TRANSFERS

o Contributions allocated to the variable investment options are
invested at the value next determined after the close of the Business
Day.

o Contributions allocated to a fixed interest option will receive the
guaranteed rate in effect for that fixed interest option on that
Business Day.

o Transfers to or from variable investment options will be made at the
value next determined after the close of the Business Day.

o Transfers to a fixed interest option will be based on the guaranteed
rate in effect for that fixed interest option on the Business Day of
the transfer.

ABOUT YOUR VOTING RIGHTS

As the owner of the shares of The Hudson River Trust and EQ Advisors Trust
we have the right to vote on certain matters involving the Portfolios, such as:

o The election of Trustees.

o The ratification of independent auditors selected for each Trust.

o Any other matters described in the prospectuses for the Trusts or
requiring a shareholders' vote under the Investment Company Act of
1940.

We will give contract owners the opportunity to instruct us how to vote the
number of shares attributable to their Contracts if a shareholder vote is taken.
If we do not receive instructions in time from all contract owners, we will vote
the shares of a Portfolio for which no instructions have been received in the
same proportion as we vote shares of that Portfolio for which we have received
instructions. We will also vote any shares that we are entitled to vote directly
because of amounts we have in a Portfolio in the same proportions that contract
owners vote.

<PAGE>

VOTING RIGHTS OF OTHERS

Currently, we control each Trust. EQ Advisors Trust shares are sold only to
our separate accounts and an affiliated qualified plan trust. The Hudson River
Trust shares are held by other separate accounts of ours and by separate
accounts of insurance companies unaffiliated with us. Shares held by these
separate accounts will probably be voted according to the instructions of the
owners of insurance policies and contracts issued by those insurance companies.
While this will dilute the effect of the voting instructions of the contract
owners, we currently do not foresee any disadvantages because of this. The
Hudson River Trust Board of Trustees intends to monitor events in order to
identify any material irreconcilable conflicts that may arise and to determine
what action, if any, should be taken in response. If we believe that a response
to any of those events insufficiently protects our contract owners, we will see
to it that appropriate action is taken.

SEPARATE ACCOUNT NO. 45 VOTING RIGHTS

If actions relating to Separate Account No. 45 require contract owner
approval, contract owners will be entitled to one vote for each unit they have
in the variable investment options. Each contract owner who has elected a
variable annuity payout option may cast the number of votes equal to the dollar
amount of reserves we are holding for that annuity in a variable investment
option divided by the unit value for that option. We will cast votes
attributable to any amounts we have in the variable investment options in the
same proportion as votes cast by contract owners.

CHANGES IN APPLICABLE LAW

The voting rights we describe in this prospectus are created under
applicable federal securities laws. To the extent that those laws or the
regulations published under those laws eliminate the necessity to submit matters
for approval by persons having voting rights in separate accounts of insurance
companies, we reserve the right to proceed in accordance with those laws or
regulations.

ABOUT OUR YEAR 2000 PROGRESS

[To be supplied.]

ABOUT LEGAL PROCEEDINGS

Equitable Life and its affiliates are parties to various legal proceedings.
In our view, none of these proceedings is likely to have a material adverse
effect upon Separate Account No. 45, our ability to meet our obligations under
the Contracts, or the distribution of the Contracts.

ABOUT OUR INDEPENDENT ACCOUNTANTS

The consolidated financial statements and consolidated financial statement
schedules of Equitable Life at December 31, 1998 and 1997, and for each of the
three years in the period

<PAGE>

ended December 31, 1998 included in Equitable Life's Annual Report on Form 10-K,
incorporated by reference in the prospectus, have been examined by
PricewaterhouseCoopers LLP, independent accountants, whose reports thereon are
incorporated herein by reference. Such consolidated financial statements and
consolidated financial statement schedules have been incorporated herein by
reference in reliance upon the reports of PricewaterhouseCoopers LLP given upon
their authority as experts in accounting and auditing.

TRANSFERS OF OWNERSHIP, COLLATERAL ASSIGNMENTS, LOANS, AND BORROWING

NQ Contracts can be assigned at any time before annuity payments begin. You
cannot, however, assign your NQ Contract as collateral or security for a loan.
Loans are also not available under your NQ Contract. We will not be bound by an
assignment unless it is in writing and we have received it at our Processing
Office. In some cases, an assignment may have adverse tax consequences. See "Tax
Information."

You cannot assign or transfer ownership of a Traditional IRA, Roth IRA, TSA
or QP Contract except by surrender to us. Loans are not available and you cannot
assign Traditional IRA, Roth IRA, and QP Contracts as security for a loan or
other obligation. If the employer which provided the funds does not restrict
them, loans are available under a TSA Contract.

For limited transfers of ownership after the owner's death see "Payment of
Death Benefit" and "Beneficiary Continuation Option for Traditional IRA
Contracts." You may direct the transfer of the values under your Traditional
IRA, Roth IRA, TSA or QP Contract to another similar arrangement.

DISTRIBUTION OF THE CONTRACTS

EQ Financial Consultants, Inc ("EQ Financial Consultants"), an indirect,
wholly owned subsidiary of Equitable Life, is the distributor of the Contracts
and has responsibility for sales and marketing functions. EQ Financial
Consultants serves as the principal underwriter of the Separate Account. EQ
Financial Consultants is registered with the SEC as a broker-dealer and is a
member of the National Association of Securities Dealers, Inc. EQ Financial
Consultants' principal business address is 1290 Avenue of the Americas, New
York, New York 10104. Pursuant to a distribution agreement between EQ Financial
Consultants, Equitable Life, and EQ Financial Consultants distribution fees of
$ for 1998, $9,444,621 for 1997 and $884,486 for 1996, as the
distributor of certain contracts, including these Contracts, and as the
principal underwriter of Separate Account No. 45.

The Contracts will be sold by registered representatives of EQ Financial
Consultants and its affiliates, who are also our licensed insurance agents. EQ
Financial Consultants may also receive compensation and reimbursement for its
marketing services under the terms of its distribution agreement with Equitable
Life. The offering of the Contracts is intended to be continuous.

<PAGE>

INVESTMENT PERFORMANCE

We provide the following tables to show five different measurements of the
investment performance of the variable investment options and/or the Portfolios
in which they invest. We include these tables because they may be of general
interest to you. THE RESULTS SHOWN REFLECT PAST PERFORMANCE. THEY DO NOT
INDICATE HOW THE VARIABLE INVESTMENT OPTIONS MAY PERFORM IN THE FUTURE. THEY
ALSO DO NOT REPRESENT THE RESULTS EARNED BY ANY PARTICULAR INVESTOR. YOUR
RESULTS WILL DIFFER.

Table 1 shows the average annual total return of the variable investment
options. Average annual total return is the annual rate of growth that would be
necessary to achieve the ending value of a contribution invested in the variable
investment option for the period shown.

Table 2 shows the growth of a hypothetical $1,000 investment in the
variable investment options over the periods shown. Both Tables 1 and 2 take
into account all fees and charges under the Contract, including the optional
baseBUILDER benefits charge, but do not take the charges for any applicable
taxes such as premium taxes into account.

Tables 3, 4, and 5 show the rates of return of the variable investment
options on an annualized, cumulative, and year-by-year basis. These tables take
into account all fees and charges under the Contract, but do not reflect the
optional baseBUILDER benefits charge, or the charges for any applicable taxes
such as premium taxes. If the charges were reflected they would effectively
reduce the rates of return shown.

In all cases the results shown are based on the actual historical
investment experience of the Portfolio in which the variable investment option
invests. Since the Contracts are being offered for the first time as of the date
of this prospectus, we adjusted the results of the Portfolios to reflect the
charges under the Contracts that would have applied had the investment options
and Contracts been available.

In addition, we have adjusted the results prior to October 1996, when The
Hudson River Trust Class IB shares were not available, to reflect the 12b-1 fees
currently imposed. Finally, the results shown for the Alliance Money Market and
Alliance Common Stock options for periods before March 22, 1985 reflect the
results of the variable investment options that preceded them. The "Since
Inception" figures for these options are based on the date of inception of the
preceding variable investment options. We have adjusted these results to reflect
the maximum investment advisory fee payable for the Portfolios, as well as an
assumed charge of 0.06% for direct operating expenses.

All rates of return presented are time-weighted and include reinvestment of
investment income, including interest and dividends.

<PAGE>

BENCHMARKS

Tables 3 and 4 compare the performance of variable investment options to
market indices that serve as benchmarks. Market indices are not subject to any
charges for investment advisory fees, brokerage commission or other operating
expenses typically associated with a managed portfolio. Also, they do not
reflect other Contract charges such as the mortality and expense risks charge,
administration charge, distribution charge or optional benefit charge.
Comparisons with these benchmarks, therefore, may be of limited use. We include
them because they are widely known and may help you to understand the universe
of securities from which each Portfolio is likely to select its holdings.
Benchmark data reflect the reinvestment of dividend income. The benchmarks
include:

ALLIANCE AGGRESSIVE STOCK: 50% Russell 2000 Small Stock Index and 50% Standard
& Poor's Mid-Cap Total Return Index.
ALLIANCE COMMON STOCK: Standard & Poor's 500 Index.
ALLIANCE CONSERVATIVE INVESTORS: 70% Lehman Treasury Bond Composite Index and
30% Standard & Poor's 500 Index.
ALLIANCE GLOBAL: Morgan Stanley Capital International World Index.
ALLIANCE GROWTH & INCOME: 75% Standard & Poor's 500 Index and 25% Value Line
Convertibles Index.
ALLIANCE GROWTH INVESTORS: 30% Lehman Government/Corporate Bond Index and 70%
Standard & Poor's 500 Index.
ALLIANCE HIGH YIELD: Merrill Lynch High Yield Master Index.
ALLIANCE INTERMEDIATE GOVERNMENT SECURITIES: Lehman Intermediate Government
Bond Index.
ALLIANCE INTERNATIONAL: Morgan Stanley Capital International Europe, Australia,
Far East Index.
ALLIANCE MONEY MARKET: Salomon Brothers Three-Month T-Bill Index.
ALLIANCE SMALL CAP GROWTH: Russell 2000 Growth Index.
BT EQUITY 500 INDEX: Standard & Poor's 500 Index.
BT INTERNATIONAL EQUITY INDEX: Morgan Stanley Capital International Europe,
Australia, Far East Index.
BT SMALL COMPANY INDEX: Russell 2000 Index.
EQ/EVERGREEN: Russell 2000 Index.
EQ/EVERGREEN FOUNDATION: 60 % Standard & Poor's 500
Index/40% Lehman Brothers Aggregate Bond
EQ/PUTNAM BALANCED: 60% Standard & Poor's 500 Index and 40% Lehman Government/
Corporate Bond Index.
EQ/PUTNAM GROWTH & INCOME VALUE: Standard & Poor's 500 Index.
MFS EMERGING GROWTH COMPANIES: Russell 2000 Index.
MFS GROWTH WITH INCOME: Standard & Poor's 500 Index.
MFS RESEARCH: Standard & Poor's 500 Index.
MERRILL LYNCH BASIC VALUE EQUITY: Standard & Poor's 500 Index.
MERRILL LYNCH WORLD STRATEGY: 36% Standard & Poor's 500 Index/24% Morgan Stanley
Capital International Europe, Australia, Far East
Index/21% Salomon Brothers U.S. Treasury Bond 1
Year+/14%

<PAGE>

Salomon Brothers World Government Bond (excluding
U.S.)/and 5% Three-Month U.S. Treasury Bill.
MORGAN STANLEY EMERGING MARKETS EQUITY: Morgan Stanley Capital International
Emerging Markets Free Price Return
Index.
T. ROWE PRICE EQUITY INCOME: Standard & Poor's 500 Index.
T. ROWE PRICE INTERNATIONAL STOCK: Morgan Stanley Capital International Europe,
Australia, Far East Index.
WARBURG PINCUS SMALL COMPANY VALUE: Russell 2000 Index.

LIPPER. The Lipper Variable Insurance Products Performance Analysis Survey
records the performance of a large group of variable annuity products, including
managed separate accounts of insurance companies. According to Lipper Analytical
Services, Inc., the data are presented net of investment management fees, direct
operating expenses and asset-based charges applicable under annuity contracts.
Lipper data provide a more accurate picture than market benchmarks of the
Equitable Accumulator Select performance relative to other variable annuity
products.

COMMUNICATING PERFORMANCE DATA

We may advertise the investment performance of the variable investment
options using the measurements shown in the tables below. We also may advertise
the current yield and effective yield of the Alliance Money Market and Alliance
High Yield options, described below.

YIELD INFORMATION

Current yield for the Alliance Money Market option will be based on net
changes in a hypothetical investment over a given seven-day period, exclusive of
capital changes, and then "annualized" (assuming that the same seven-day result
would occur each week for 52 weeks). Current yield for the Alliance High Yield
option will be based on net changes in a hypothetical investment over a given
30-day period, exclusive of capital changes, and then "annualized" (assuming
that the same 30-day result would occur each month for 12 months).

"Effective yield" is calculated in a similar manner, but when annualized,
any income earned by the investment is assumed to be reinvested. The "effective
yield" will be slightly higher than the "current yield" because any earnings are
compounded weekly for the Alliance Money Market option and monthly for the
Alliance High Yield option. The yields and effective yields assume the deduction
of all Contract charges and expenses other than the optional baseBUILDER
benefits charge and any charge for taxes such as premium tax. The yields and
effective yields for the Alliance Money Market option, when used for the special
dollar cost averaging program, assume that no Contract charges are deducted. For
more information, see "Alliance Money Market Option and Alliance High Yield
Option Yield Information" in the SAI.

82
<PAGE>

TABLE 1
AVERAGE ANNUAL TOTAL RETURN UNDER A CONTRACT SURRENDERED ON
DECEMBER 31, 1998*
- --------------------------------------------------------------------------------------------------------------
LENGTH OF INVESTMENT PERIOD
--------------------------------------------------------------------
VARIABLE SINCE
INVESTMENT ONE THREE FIVE TEN PORTFOLIO
OPTIONS YEAR YEARS YEARS YEARS INCEPTION**
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Alliance Aggressive Stock
Alliance Common Stock
Alliance Conservative Investors
Alliance Global
Alliance Growth & Income
Alliance Growth Investors
Alliance High Yield
Alliance Intermediate Government
Securities
Alliance International
Alliance Money Market
Alliance Small Cap Growth
BT Equity 500 Index
BT International Equity Index
BT Small Company Index
EQ/Evergreen
EQ/Evergreen Foundation
EQ/Putnam Balanced
EQ/Putnam Growth & Income Value
MFS Emerging Growth Companies
MFS Growth with Income
MFS Research
Merrill Lynch Basic Value Equity
Merrill Lynch World Strategy
Morgan Stanley Emerging Markets
Equity
T. Rowe Price Equity Income
T. Rowe Price International Stock
Warburg Pincus Small Company Value

- ---------------------------------------------------------------------------------------------------------------
</TABLE>

See footnotes below.

<PAGE>

TABLE 2
GROWTH OF $1,000 UNDER A CONTRACT SURRENDERED ON DECEMBER 31, 1998*
- ------------------------------------------------------------------------------------------------------------------------------
LENGTH OF INVESTMENT PERIOD
------------------------------------------------------------------------------------
VARIABLE
INVESTMENT ONE THREE FIVE TEN SINCE
OPTIONS YEAR YEARS YEARS YEARS INCEPTION**
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Alliance Aggressive Stock
Alliance Common Stock
Alliance Conservative Investors
Alliance Global
Alliance Growth & Income
Alliance Growth Investors
Alliance High Yield
Alliance Intermediate Government
Securities
Alliance International
Alliance Money Market
Alliance Small Cap Growth
BT Equity 500 Index
BT International Equity Index
BT Small Company Index
EQ/Evergreen
EQ/Evergreen Foundation
EQ/Putnam Balanced
EQ/Putnam Growth & Income Value
MFS Emerging Growth Companies
MFS Growth with Income
MFS Research
Merrill Lynch Basic Value Equity
Merrill Lynch World Strategy
Morgan Stanley Emerging Markets
Equity
T. Rowe Price Equity Income
T. Rowe Price International Stock
Warburg Pincus Small Company Value
</TABLE>

- -------------------

* The tables reflect the optional baseBUILDER benefits charge.

** The "Since Inception" dates for the corresponding Portfolios of The Hudson
River Trust and EQ Advisors Trust are as follows: Alliance Conservative
Investors (October 2, 1989); Alliance Growth Investors (October 2, 1989);
Alliance Growth & Income (October 1, 1993); Alliance Common Stock (January
13, 1976); Alliance Global (August 27, 1987); Alliance International (April
3, 1995); Alliance Aggressive Stock (January 27, 1986); Alliance Small Cap
Growth (May 1, 1997); Alliance Money Market (July 13, 1981); Alliance
Intermediate Government Securities (April 1, 1991); Alliance High Yield
(January 2, 1987); BT Equity 500 Index, BT Small Company Index, BT
International Equity Index (December 31, 1997); EQ/Evergreen and
EQ/Evergreen Foundation (December 31, 1998); EQ/Putnam Balanced (May 1,
1997); EQ/Putnam Growth & Income Value (May 1, 1997); MFS Emerging Growth
Companies (May 1, 1997); MFS Growth with Income (December 31, 1998); MFS
Research (May 1, 1997); Merrill Lynch Basic Value Equity (May 1, 1997);
Merrill Lynch World Strategy (May 1, 1997); Morgan Stanley Emerging Markets
Equity (August 20, 1997); T. Rowe Price Equity Income (May 1, 1997); T.
Rowe Price International Stock (May 1, 1997); and Warburg Pincus Small
Company Value (May 1, 1997).

<PAGE>

TABLE 3

ANNUALIZED RATES OF RETURN FOR PERIODS ENDED DECEMBER 31, 1998:*
- -------------------------------------------------------------------------------------------------------------------------------
SINCE
1 YEAR 3 YEARS 5 YEARS 10 YEARS 15 YEARS 20 YEARS INCEPTION
-----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>

ALLIANCE AGGRESSIVE STOCK
Lipper Mid-Cap
Benchmark
ALLIANCE COMMON STOCK
Lipper Growth
Benchmark
ALLIANCE CONSERVATIVE INVESTORS
Lipper Income
Benchmark
ALLIANCE GLOBAL
Lipper Global
Benchmark
ALLIANCE GROWTH & INCOME
Lipper Growth & Income
Benchmark
ALLIANCE GROWTH INVESTORS
Lipper Flexible Portfolio
Benchmark
ALLIANCE HIGH YIELD
Lipper High Yield
Benchmark
ALLIANCE INTERMEDIATE GOVERNMENT
SECURITIES
Lipper Gen. U.S. Government
Benchmark
ALLIANCE INTERNATIONAL
Lipper International
Benchmark
ALLIANCE MONEY MARKET
Lipper Money Market
Benchmark
ALLIANCE SMALL CAP
GROWTH
Lipper Small Cap
Benchmark
BT EQUITY 500 INDEX
Lipper S&P 500 Index
Benchmark
</TABLE>

85
<PAGE>

TABLE 3 (CONTINUED)

BT INTERNATIONAL EQUITY INDEX
Lipper International
Benchmark
BT SMALL COMPANY INDEX
Lipper Small Cap
Benchmark
EQ/EVERGREEN
Lipper Growth
Benchmark
EQ/EVERGREEN FOUNDATION
Lipper Balanced
Benchmark
EQ/PUTNAM BALANCED
Lipper Balanced
Benchmark
EQ/PUTNAM GROWTH &
INCOME VALUE
Lipper Growth & Income
Benchmark
MFS EMERGING GROWTH
COMPANIES
Lipper Mid-Cap
Benchmark
MFS GROWTH WITH INCOME
Lipper Growth & Income
Benchmark
MFS RESEARCH
Lipper Growth
Benchmark
MERRILL LYNCH BASIC VALUE EQUITY
Lipper Growth & Income
Benchmark
MERRILL LYNCH WORLD STRATEGY
Lipper Global Flexible
Portfolio
Benchmark
</TABLE>

<PAGE>

TABLE 3 (CONTINUED)

MORGAN STANLEY
EMERGING MARKETS
EQUITY
Lipper Emerging Markets
Benchmark
T. ROWE PRICE EQUITY
INCOME
Lipper Equity Income
Benchmark
T. ROWE PRICE
INTERNATIONAL
STOCK
Lipper International
Benchmark
WARBURG PINCUS SMALL
COMPANY VALUE
Lipper Small Cap
Benchmark

- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>

* See footnotes on page __.

<PAGE>

TABLE 4
CUMULATIVE RATES OF RETURN FOR PERIODS ENDED DECEMBER 31, 1998:*
- -------------------------------------------------------------------------------------------------------------------------------
SINCE
1 YEAR 3 YEARS 5 YEARS 10 YEARS 15 YEARS 20 YEARS INCEPTION
-----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>

<PAGE>

TABLE 4 (CONTINUED)
CUMULATIVE RATES OF RETURN FOR PERIODS ENDED DECEMBER 31, 1998:*
- -------------------------------------------------------------------------------------------------------------------------------
SINCE
1 YEAR 3 YEARS 5 YEARS 10 YEARS 15 YEARS 20 YEARS INCEPTION
-----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>

- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>

*See footnotes on page __.

90
<PAGE>

TABLE 5 (CONTINUED)
YEAR-BY-YEAR RATES OF RETURN*
- ----------------------------------------------------------------------------------------------------------------------------
1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>

ALLIANCE
AGGRESSIVE
STOCK
ALLIANCE COMMON
STOCK**
ALLIANCE
CONSERVATIVE
INVESTORS
ALLIANCE GLOBAL
ALLIANCE GROWTH &
INCOME
ALLIANCE GROWTH
INVESTORS
ALLIANCE HIGH
YIELD
ALLIANCE
INTERMEDIATE
GOVERNMENT
SECURITIES
ALLIANCE
INTERNATIONAL
ALLIANCE MONEY
MARKET**
BT EQUITY 500
INDEX
BT INTER-
NATIONAL
EQUITY INDEX
BT SMALL COMPANY
INDEX
EQ/PUTNAM BALANCED
EQ/PUTNAM GROWTH
& INCOME VALUE
MFS EMERGING
GROWTH
COMPANIES
MFS RESEARCH
</TABLE>

91
<PAGE>

MERRILL LYNCH
BASIC VALUE
EQUITY
MERRILL LYNCH
WORLD STRATEGY
MORGAN STANLEY
EMERGING
MARKETS EQUITY
T. ROWE PRICE
EQUITY INCOME
T. ROWE PRICE
INTERNATIONAL
STOCK
WARBURG PINCUS
SMALL COMPANY
VALUE
</TABLE>

- --------------------

* Returns do not reflect the optional baseBUILDER benefits charge and any
charge for tax such as premium taxes. No returns are shown in Table 5 for any
variable investment option investing in shares of a Portfolio of EQ Advisors
Trust with less than one year of performance.

** Prior to 1984 the Year-by-Year Rates of Return were: 1976 1977 1978 1979 1980 1981 1982 1983
---------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ALLIANCE COMMON STOCK 7.73% (10.69)% 6.51% 27.77% 47.74% (7.37)% 15.70% 24.11%
ALLIANCE MONEY MARKET -- -- -- -- -- 5.49 11.22 7.22
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

Equitable Life's annual report on Form 10-K for the year ended December 31,
1998 [and a current report on Form 8-K dated , 1999, are] considered
to be a part of this prospectus because they are incorporated by reference.

After the date of this prospectus and before we terminate the offering of
the securities under this prospectus, all documents or reports we file with the
SEC under the Securities Exchange Act of 1934 ("Exchange Act"), will be
considered to become part of this prospectus because they are incorporated by
reference.

Any statement contained in a document which is or becomes part of this
prospectus, will be considered changed or replaced for purposes of this
prospectus, if a statement contained in this prospectus changes or is replaced.
Any statement which is considered to be a part of this prospectus because of its
incorporation, will be considered changed or replaced for the purpose of this
prospectus, if a statement contained in any other subsequently filed document
which is considered to be part of this prospectus, changes or replaces that
statement. Thereafter, only the statement that is changed or replaced will be
considered to be part of this prospectus.

We file our Exchange Act documents and reports, including our annual and
quarterly reports on Form 10-K and Form 10-Q, electronically according to EDGAR
under CIK No. 0000727920. The SEC maintains a web site that contains reports,
proxy and information statements, and other information regarding registrants
that file electronically with the SEC. The address of the site is
http://www.sec.gov.

Upon written or oral request, we will provide, free of charge, to each
person to whom this prospectus is delivered, a copy of any or all of the
documents considered to be part of this prospectus because they are incorporated
herein. This does not include exhibits not specifically incorporated by
reference into the text of such documents. Requests for documents should be
directed to The Equitable Life Assurance Society of the United States, 1290
Avenue of the Americas, New York, New York 10104. Attention: Corporate Secretary
(telephone: (212) 554-1234).

<PAGE>

APPENDIX I: PURCHASE CONSIDERATIONS FOR QP CONTRACTS
- --------------------------------------------------------------------------------

Trustees who are considering the purchase of an Equitable Accumulator Select QP
Contract should discuss with their tax advisers whether this is an appropriate
investment vehicle for the employer's plan. Trustees should consider whether the
plan provisions permit the investment of plan assets in the QP Contract, the
distribution of such an annuity, the purchase of the guaranteed minimum income
benefit, and the payment of death benefits in accordance with the requirements
of the Internal Revenue Code. The QP Contract and this prospectus should be
reviewed in full, and the following factors, among others, should be noted.
Qualified plan assets will accumulate value on a tax deferred basis even if the
plan is not funded by the Equitable Accumulator Select QP Contract. This QP
Contract accepts transfer contributions only and not regular, ongoing payroll
contributions. For 401(k) plans under defined contribution plans, no employee
after-tax contributions are accepted. Under defined benefit plans, we will not
accept rollovers from a defined contribution plan to a defined benefit plan. We
will only accept transfers from a defined benefit plan or a change of investment
vehicles in the plan.

For defined benefit plans, the maximum percentage of actuarial value of the plan
participant/employee's "normal retirement benefit" which can be funded by a QP
Contract is 80%. The account value under a QP Contract may at any time be more
or less than the lump sum actuarial equivalent of the "accrued benefit" for a
defined benefit plan participant/employee. Equitable Life does not guarantee
that the account value under a QP Contract will at any time equal the actuarial
value of 80% of a participant/employee's accrued benefit. If overfunding of a
plan occurs, withdrawals from the QP Contract may be required. A market value
adjustment may apply. Further, Equitable Life will not perform or provide any
plan recordkeeping services with respect to the QP Contracts. The plan's
administrator will be solely responsible for performing or providing for all
such services. There is no loan feature offered under the QP Contracts, so if
the plan provides for loans and a participant/employee takes a loan from the
plan, other plan assets must be used as the source of the loan and any loan
repayments must be credited to other investment vehicles and/or accounts
available under the plan.

Finally, because the method of purchasing the QP Contract and the features of
the QP Contract may appeal more to plan participants/employees who are older and
tend to be highly paid, and because certain features of the QP Contract are
available only to plan participants/employees who meet certain minimum and/or
maximum age requirements, plan trustees should discuss with their advisers
whether the purchase of the QP Contract would cause the plan to engage in
prohibited discrimination in contributions, benefits or otherwise.

<PAGE>

APPENDIX II: MARKET VALUE ADJUSTMENT EXAMPLE
- --------------------------------------------------------------------------------

The example below shows how the market value adjustment would be determined and
how it would be applied to a withdrawal, assuming that $100,000 was allocated on
February 15, 2000 to a fixed interest option with a maturity date of February
15, 2009 at a guaranteed rate of 7.00% resulting in a maturity value at the
maturity date of $183,846, and further assuming that a withdrawal of $50,000 was
made on February 15, 2004.
<TABLE>
<CAPTION>

- ---------------------------------------------------------------------------------------------------------
ASSUMED
GUARANTEED RATE ON FEBRUARY 15, 2004
5.00% 9.00%
---------------------------------------------------
<S> <C> <C>
As of February 15, 2004 (before withdrawal)
- -------------------------------------------
(1) Present value of maturity value................ $ 144,048 $ 119,487
(2) Guaranteed period amount....................... 131,080 131,080
(3) Market value adjustment: (1) - (2)............. 12,968 (11,593)

On February 15, 2004 (after withdrawal)
- ---------------------------------------
(4) Portion of (3) associated
with withdrawal: (3) x [$50,000/(1)]........... $ 4,501 $ (4,851)
(5) Reduction in guaranteed
period amount: [$50,000 - (4)]................. 45,499 54,851
(6) Guaranteed period amount: (2) - (5)............ 85,581 76,229
(7) Maturity value................................. 120,032 106,915
(8) Present value of (7)........................... 94,048 69,487
- ---------------------------------------------------------------------------------------------------------
</TABLE>

Please note that if a withdrawal is made when rates have increased (from 7.00%
to 9.00% in the example), a portion of a negative market value adjustment is
realized. On the other hand, if a withdrawal is made when rates have decreased
(from 7.00% to 5.00% in the example), a portion of a positive market value
adjustment is realized.

<PAGE>

APPENDIX III: GUARANTEED MINIMUM DEATH BENEFIT EXAMPLE
- --------------------------------------------------------------------------------

The death benefit under the Contracts is equal to the account value or, if
greater, the guaranteed minimum death benefit.

The following illustrates the guaranteed minimum death benefit calculation.
Assuming $100,000 is allocated to the variable investment options (with no
allocation to the Alliance Money Market option or the fixed interest options),
no additional contributions, no transfers and no withdrawals, and no loans under
a TSA Contract, the guaranteed minimum death benefit for an annuitant age 45
would be calculated as follows:

- --------------------------------------------------------------------------------------------------------------
5% ROLL UP TO
END OF AGE 80 ANNUAL RATCHET TO AGE 80
CONTRACT GUARANTEED MINIMUM GUARANTEED MINIMUM
YEAR ACCOUNT VALUE DEATH BENEFIT(1) DEATH BENEFIT
- --------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 $105,000 $105,000(1) $105,000(3)
2 $115,500 $110,250(2) $115,500(3)
3 $129,360 $115,763(2) $129,360(3)
4 $103,488 $121,551(1) $129,360(4)
5 $113,837 $127,628(1) $129,360(4)
6 $127,497 $134,010(1) $129,360(4)
7 $127,497 $140,710(1) $129,360(4)
- --------------------------------------------------------------------------------------------------------------
</TABLE>

The account values for Contract Years 1 through 7 are based on hypothetical
rates of return of 5.00%, 10.00%, 12.00%, (20.00)%, 10.00%, 12.00% and 0.00%. We
are using these rates solely to illustrate how the benefit is determined. The
return rates bear no relationship to past or future investment results.

5% ROLL UP TO AGE 80

(1) At the end of Contract Year 1, and again at the end of Contract Years 4
through 7, the death benefit will be equal to the guaranteed minimum death
benefit.

(2) At the end of Contract Years 2 and 3, the death benefit will be equal to
the current account value since it is higher than the current guaranteed
minimum death benefit.

ANNUAL RATCHET TO AGE 80

(3) At the end of Contract Years 1 through 3, the guaranteed minimum death
benefit is equal to the current account value.

(4) At the end of Contract Years 4 through 7, the guaranteed minimum death
benefit is equal to the guaranteed minimum death benefit at the end of the
prior year since it is equal to or higher than the current account value.

96
<PAGE>

STATEMENT OF ADDITIONAL INFORMATION

TABLE OF CONTENTS
<TABLE>
<CAPTION>

- ----------------------------------------------------------------------------------------------

Page
- ----------------------------------------------------------------------------------------------
<S> <C>
Unit Values
- ----------------------------------------------------------------------------------------------
Annuity Unit Values
- ----------------------------------------------------------------------------------------------
Custodian and Independent Accountants
- ----------------------------------------------------------------------------------------------
Alliance Money Market Option, and Alliance High Yield Option, and
Alliance Intermediate Government Securities Option Yield Information
- ----------------------------------------------------------------------------------------------
Long-Term Market Trends
- ----------------------------------------------------------------------------------------------
Key Factors in Retirement Planning
- ----------------------------------------------------------------------------------------------
Financial Statements
- ----------------------------------------------------------------------------------------------
</TABLE>

HOW TO OBTAIN AN EQUITABLE ACCUMULATOR SELECT STATEMENT OF ADDITIONAL

INFORMATION FOR SEPARATE ACCOUNT NO. 45

Send this request form to:

Equitable Accumulator Select
P.O. Box 1547
Secaucus, NJ 07096-1547

Please send me an Equitable Accumulator Select SAI dated May 1, 1999:

---------------------------------------------------------------------------
Name

---------------------------------------------------------------------------
Address

---------------------------------------------------------------------------
City State Zip

97
<PAGE>

<PAGE>

EQUITABLE ACCUMULATOR(SM) SELECT
STATEMENT OF ADDITIONAL INFORMATION
MAY 1, 1999

------------------

COMBINATION VARIABLE AND
FIXED DEFERRED ANNUITY CONTRACTS

THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104

- --------------------------------------------------------------------------------

This statement of additional information ("SAI") is not a prospectus. It should
be read in conjunction with the related Equitable Accumulator Select prospectus,
dated May 1, 1999. That prospectus provides detailed information concerning the
Contracts and the variable investment options, as well as the fixed interest
options, that fund the Contracts. Each variable investment option is a
subaccount of Equitable Life's Separate Account No. 45. The fixed interest
options are part of Equitable Life's general account.
Definitions of special terms used in the SAI are found in the prospectus.

A copy of the prospectus is available free of charge by writing the Processing
Office (Post Office Box 1547, Secaucus, NJ 07096-1547), by calling
1-800-789-7771 toll-free, or by contacting your Equitable Life associate.

<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
TABLE OF CONTENTS
- -------------------------------------------------------------------------------------------------------------------------------
PAGE
<S> <C>
Unit Values 2
- -------------------------------------------------------------------------------------------------------------------------------
Annuity Unit Values 2
- -------------------------------------------------------------------------------------------------------------------------------
Custodian and Independent Accountants 3
- -------------------------------------------------------------------------------------------------------------------------------
Alliance Money Market Option, Alliance High Yield Option, and Alliance Intermediate Government
Securities Option Yield Information 3
- -------------------------------------------------------------------------------------------------------------------------------
Long-Term Market Trends 4
- -------------------------------------------------------------------------------------------------------------------------------
Key Factors in Retirement Planning 6
- -------------------------------------------------------------------------------------------------------------------------------
Financial Statements 10
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>

Copyright 1999 The Equitable Life Assurance Society of the United
States, New York, New York 10104. All rights reserved. Accumulator is a
service mark of The Equitable Life Assurance Society of the United
States.

(AGTSELSAI 5/99)

<PAGE>

- --------------------------------------------------------------------------------

UNIT VALUES

Unit values are determined at the end of each valuation period for each of the
variable investment options. We may offer other annuity contracts and
certificates which will have their own unit values for the variable investment
options. They may be different from the unit values for the Equitable
Accumulator Select.

The unit value for a variable investment option for any valuation period is
equal to: (i) the unit value for the preceding valuation period multiplied by
(ii) the net Investment factor for that option for that valuation period. A
valuation period is each Business Day together with any preceding non-business
days. The net investment factor is:

[a/b] - c

where:

(a) is the value of the variable investment option's shares of the
corresponding Portfolio at the end of the valuation period. Any amounts
allocated to or withdrawn from the option for the valuation period are not
taken into account. For this purpose, we use the share value reported to us
by The Hudson River Trust or EQ Advisors Trust.

(b) is the value of the variable investment option's shares of the
corresponding Portfolio at the end of the preceding valuation period. (Any
amounts allocated or withdrawn for that valuation period are taken into
account.)

(c) is the daily mortality and expense risks charge, administration charge, and
distribution charge relating to the Contracts, times the number of calendar
days in the valuation period. These daily charges are at an effective
annual rate not to exceed a total of 1.60%.

ANNUITY UNIT VALUES

The annuity unit value for each variable investment option will be fixed at
$1.00 as of the date of the prospectus for Contracts with assumed base rates of
net investment return of both 5% and 3 1/2% a year. For each valuation period
after that date, it is the annuity unit value for the immediately preceding
valuation period multiplied by the adjusted net investment factor under the
Contract. For each valuation period, the adjusted net investment factor is equal
to the net investment factor reduced for each day in the valuation period by:

o .00013366 of the net investment factor if the assumed base rate of net
investment return is 5% a year; or

o .00009425 of the net investment factor if the assumed base rate of net
investment return is 3 1/2%.

Because of this adjustment, the annuity unit value rises and falls depending on
whether the actual rate of net investment return (after deduction of charges) is
higher or lower than the assumed base rate.

All Contracts have a 5% assumed base rate of net investment return, except in
states where that rate is not permitted. Annuity payments under Contracts with
an assumed base rate of 3 1/2% will at first be smaller than those under
Contracts with a 5% assumed base rate. Payments under the 3 1/2% Contracts,
however, will rise more rapidly when unit values are rising, and payments will
fall more slowly when unit values are falling than those under 5% Contracts.

The amounts of variable annuity payments are determined as follows:

Payments normally start on the Business Day specified on your election form, or
on such other future date you specify. The payments are made on a monthly basis.
The first three payments are of equal amounts. Each of the first three payments
will be based on the amount specified in the Tables of Guaranteed Annuity
Payments in your Contract.

The first three payments depend on the assumed base rate of net investment
return and the form of annuity chosen (and any fixed period or period certain).
If the annuity involved is a life contingency, the risk class and the age of the
annuitants will affect payments.

The amount of the fourth and each later payment will vary according to the
investment performance of the variable investment options. We calculate each
monthly payment by multiplying the number of annuity units credited by the
average annuity unit value for the second calendar month immediately preceding
the due date of the payment. We calculate the number of units by dividing the
first monthly payment by the annuity unit value for the valuation period. This
includes the due date of the first monthly payment. The average annuity unit
value is the average of the annuity unit values for the valuation periods ending
in that month. Variable income annuities may also be available by separate
prospectus through other separate accounts we offer.

ILLUSTRATION OF CHANGES IN ANNUITY UNIT VALUES

To show how we determine variable annuity payments from month to month, assume
that the account value on the date annuity payments are to begin is enough to
fund an annuity with a monthly payment of $363. Also assume that the annuity
unit value for the valuation period that includes the due date of the first
annuity payment is $1.05. The number of annuity units credited under the
Contract would be 345.71 (363 divided by 1.05 = 345.71).

<PAGE>

- --------------------------------------------------------------------------------
If the fourth monthly payment is due in March, and the average annuity unit
value for January was $1.10, the annuity payment for March would be the number
of units (345.71) times the average annuity unit value ($1.10), or $380.28. If
the average annuity unit value was $1 in February, the annuity payment for April
would be 345.71 times $1, or $345.71.

CUSTODIAN AND INDEPENDENT ACCOUNTANTS

Equitable Life is the custodian for the shares of The Hudson River Trust and EQ
Advisors Trust owned by the variable annuity options.

The consolidated financial statements of Equitable Life at December 31, 1998 and
1997 and for each of the three years ended December 31, 1998 included in this
SAI have been so included in reliance on the reports of PricewaterhouseCoopers
LLP, independent accountants, given on the authority of such firm as experts in
accounting and auditing.

ALLIANCE MONEY MARKET OPTION, ALLIANCE HIGH YIELD OPTION, AND ALLIANCE
INTERMEDIATE GOVERNMENT SECURITIES OPTION YIELD INFORMATION

ALLIANCE MONEY MARKET OPTION

The Alliance Money Market option calculates yield information for seven-day
periods. The seven-day current yield calculation is based on a hypothetical
Contract with one unit at the beginning of the period. To determine the
seven-day rate of return, the net change in the unit value is computed by
subtracting the unit value at the beginning of the period from a unit value,
exclusive of capital changes, at the end of the period.

Unit values reflect all other accrued expenses of the Alliance Money Market
option but do not reflect any withdrawal charges, the optional benefit charge,
or charges for applicable taxes such as state or local premium taxes. Under the
Alliance Money Market special dollar cost averaging program, unit values also do
not reflect the mortality and expense risks charge, administration charge, and
the distribution charge.

The adjusted net change is divided by the unit value at the beginning of the
period to obtain what is called the adjusted base period rate of return. This
seven-day adjusted base period return is then multiplied by 365/7 to produce an
annualized seven-day current yield figure carried to the nearest one-hundredth
of one percent.

The effective yield is obtained by modifying the current yield to take into
account the compounding nature of the Alliance Money Market option's
investments, as follows: the unannualized adjusted base period return is
compounded by adding one to the adjusted base period return, raising the sum to
a power equal to 365 divided by 7, and subtracting one from the result, i.e.,
effective yield = (base period return + 1 )[superscript: 365/7] - 1. The
Alliance Money Market option yields will fluctuate daily. Accordingly, yields
for any given period do not necessarily represent future results. In addition,
the value of units of the Alliance Money Market option will fluctuate and not
remain constant.

ALLIANCE HIGH YIELD OPTION AND ALLIANCE INTERMEDIATE GOVERNMENT SECURITIES
OPTION

The Alliance High Yield option and Alliance Intermediate Government Securities
option calculate yield information for 30-day periods. The 30-day current yield
calculation is based on a hypothetical Contract with one unit at the beginning
of the period. To determine the 30-day rate of return, the net change in the
unit value is computed by subtracting the unit value at the beginning of the
period from a unit value, exclusive of capital changes, at the end of the
period.

Unit values reflect all other accrued expenses of the Alliance High Yield option
or Alliance Intermediate Government Securities option but do not reflect any
withdrawal charges, the optional benefit charge or charges for applicable taxes
such as state or local premium taxes.

The adjusted net change is divided by the unit value at the beginning of the
period to obtain the adjusted base period rate of return. This 30-day adjusted
base period return is then multiplied by 365/30 to produce an annualized 30-day
current yield figure carried to the nearest one-hundredth of one percent.

The effective yield is obtained by modifying the current yield to give effect to
the compounding nature investments of the Alliance High Yield option or Alliance
Intermediate Government Securities option as follows: the unannualized adjusted
base period return is compounded by adding one to the adjusted base period
return, raising the sum to a power equal to 365 divided by 30, and subtracting
one from the result, i.e., effective yield = (base period return +
1)[superscript: 365/30] - 1. Yields for the Alliance High Yield option and
Alliance Intermediate Government Securities option will fluctuate daily.
Accordingly, yields for any given period do not necessarily represent future
results. In addition, the value of units of the Alliance High Yield option and
Alliance Intermediate Government Securities option will fluctuate and not remain
constant.

3
<PAGE>

- --------------------------------------------------------------------------------
ALLIANCE MONEY MARKET OPTION, ALLIANCE HIGH YIELD OPTION, AND ALLIANCE
INTERMEDIATE GOVERNMENT SECURITIES OPTION YIELD INFORMATION

The yields for the Alliance Money Market option, Alliance High Yield option, and
Alliance Intermediate Government Securities option reflect charges that are not
normally reflected in the yields of other investments. Therefore, they may be
lower when compared with yields of other investments. The yields for Alliance
Money Market option, Alliance High Yield option, and Alliance Intermediate
Government Securities option should not be compared to the return on fixed rate
investments which guarantee rates of interest for specified periods, such as the
fixed interest options. Nor should the yields be compared to the yields of money
market options made available to the general public.

Because the Equitable Accumulator Select Contracts described in the prospectus
are being offered for the first time in 1999, no yield information is presented.

LONG-TERM MARKET TRENDS

As a tool for understanding how different investment strategies may affect
long-term results, it may be useful to consider the historical returns on
different types of assets. The following charts present historical return trends
for various types of securities. The information presented, while not directly
related to the performance of the variable investment options, helps to provide
a perspective on the potential returns of different asset classes over different
periods of time. By combining this information with knowledge of your own
financial needs (for example, the length of time until you retire, your
financial requirements at retirement), you may be able to better determine how
you wish to allocate contributions among the variable investment options.

Historically, the long-term investment performance of common stocks has
generally been superior to that of long- or short-term debt securities. For
those investors who have many years until retirement, or whose primary focus is
on long-term growth potential and protection against inflation, there may be
advantages to allocating some or all of their account value to those variable
investment options that invest in stocks.

Growth of $1 Invested on January 1, 1958
(Values are as of last business day)
[GRAPH LINES TO APPEAR HERE.]

Source: Ibbotson Associates, Inc. See discussion and information preceding and
following chart on next page.

Over shorter periods of time, however, common stocks tend to be subject to more
dramatic changes in value than fixed-income (debt) securities. Investors who are
nearing retirement age, or who have a need to limit

<PAGE>

- --------------------------------------------------------------------------------
short-term risk, may find it preferable to allocate a smaller percentage of
their account value to those variable investment options that invest in common
stocks. The following graph illustrates the monthly fluctuations in value of $1
based on monthly returns of the Standard & Poor's 500 during 1990, a year that
represents more typical volatility than 1998.

Growth of $1 Invested on January 1, 1990
(Values are as of last business day)
[GRAPH LINES TO APPEAR HERE.]

Source: Ibbotson Associates, Inc. See discussion and information preceding and
following chart on next page.

The following chart illustrates average annual rates of return over selected
time periods between December 31, 1926 and December 31, 1998 for different types
of securities: common stocks, long-term government bonds, long-term corporate
bonds, intermediate-term government bonds and U.S. Treasury Bills. For
comparison purposes, the Consumer Price Index is shown as a measure of
inflation. The average annual returns shown in the chart reflect capital
appreciation and assume the reinvestment of dividends and interest. Investment
management fees or expenses and charges typically associated with deferred
annuity products, are not reflected.

The information presented is merely a summary of past experience for unmanaged
groups of securities and is neither an estimate nor guarantee of future
performance. Any investment in securities, whether equity or debt, involves
varying degrees of potential risk, in addition to offering varying degrees of
potential reward.

The rates of return illustrated do not represent returns of the variable
investment options. In addition, there is no assurance that the performance of
the variable investment options will correspond to rates of return such as those
illustrated in the chart.

For a comparative illustration of performance results of the variable investment
options (which reflect the trusts and variable investment options charges), see
"Investment Performance" in the prospectus.

<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
MARKET TRENDS:
ILLUSTRATIVE ANNUAL RATES OF RETURN
- -------------------------------------------------------------------------------------------------------------------------------
LONG-TERM INTERMEDIATE- U.S.
FOR THE FOLLOWING PERIODS COMMON LONG-TERM CORPORATE TERM TREASURY CONSUMER
ENDING 12/31/98: STOCKS GOVT. BONDS BONDS GOVT. BONDS BILLS PRICE INDEX
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 Year
3 Years
5 Years
10 Years
20 Years
30 Years
40 Years
50 Years
60 Years
Since 12/31/27
Inflation adjusted since 1927
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>

SOURCE: Ibbotson, Roger G., and Rex A. Sinquefield, Stocks, Bonds, Bills, and
Inflation (SBBI), 1982, updated in Stocks, Bonds, Bills and Inflation 1998
Yearbook(TM), Ibbotson Associates, Inc., Chicago. All rights reserved.

COMMON STOCKS (S&P 500) -- Standard and Poor's Composite Index, an unmanaged
weighted index of the stock performance of 500 industrial, transportation,
utility and financial companies.

LONG-TERM GOVERNMENT BONDS -- Measured using a one-bond portfolio constructed
each year containing a bond with approximately a twenty-year maturity and a
reasonably current coupon.

<PAGE>
- --------------------------------------------------------------------------------
LONG-TERM CORPORATE BONDS -- For the period 1969-1997, represented by the
Salomon Brothers Long-Term, High-Grade Corporate Bond Index; for the period
1946-1968, the Salomon Brothers Index was backdated using Salomon Brothers
monthly yield data and a methodology similar to that used by Salomon Brothers
for 1969-1997; for the period 1927-1945, the Standard and Poor's monthly
High-Grade Corporate Composite yield data were used, assuming a 4 percent coupon
and a twenty-year maturity.

INTERMEDIATE-TERM GOVERNMENT BONDS -- Measured by a one-bond portfolio
constructed each year containing a bond with approximately a five-year maturity.

U.S. TREASURY BILLS -- Measured by rolling over each month a one-bill portfolio
containing, at the beginning of each month, the bill having the shortest
maturity not less than one month.

INFLATION -- Measured by the Consumer Price Index for all Urban Consumers
(CPI-U), not seasonally adjusted.

- --------------------------------------------------------------------------------

KEY FACTORS IN RETIREMENT PLANNING

INTRODUCTION

The Equitable Accumulator Select is available to help meet the retirement income
and investment needs of individuals. In assessing these retirement needs, some
key factors need to be addressed: (1) the impact of inflation on fixed
retirement incomes; (2) the importance of planning early for retirement; (3) the
benefits of tax deferral; (4) the selection of an appropriate investment
strategy; and (5) the benefit of receiving annuity payments. Each of these
factors is addressed below.

Unless otherwise noted, all of the following presentations use an assumed annual
rate of return of 7.5% compounded annually. This rate of return is for
illustrative purposes only and is not intended to represent an expected or
guaranteed rate of return for any investment vehicle.

In addition, unless otherwise noted, none of the illustrations reflect any
charges that may be applied under a particular investment vehicle. Such charges
would effectively reduce the actual return under any type of investment.

All earnings in these presentations are assumed to accumulate tax deferred
unless otherwise noted. Most programs designed for retirement savings offer tax
deferral. Monies are taxed upon withdrawal and a 10% penalty tax may apply to
premature withdrawals. Certain retirement programs prohibit early withdrawals.
See "Tax Information" in the prospectus. Where taxes are taken into
consideration in these presentations, a 28% tax rate is assumed.

The source of the data used by us to compile the charts which appear in this
section (other than charts 1, 2, 3, 4 and 7) is Ibbotson Associates, Inc.,
Chicago, Stocks, Bonds, Bills and Inflation [1998] Yearbook.(TM) All rights
reserved.

In reports or other communications or in advertising material, we may make use
of these or other graphic or numerical illustrations that we prepare showing the
impact of inflation, planning early for retirement, tax deferral,
diversification and other concepts important to retirement planning.

INFLATION

Inflation erodes purchasing power. This means that, in an inflationary period,
the dollar is worth less as time passes. Because many people live on a fixed
income during retirement, inflation is of particular concern to them. The charts
that follow illustrate the harmful impact of inflation over an extended period
of time. Between 1968 and 1998, the average annual inflation rate was ____%. As
demonstrated in Chart 1, this ____% annual rate of inflation would cause the
purchasing power of $35,000 to decrease to only $_____ after 30 years.

In Chart 2, the impact of inflation is examined from another perspective.
Specifically, the chart illustrates the additional income needed to maintain the
purchasing power of $35,000 over a thirty-year period. Again, the 1968-1998
historical inflation rate of ____% is used. In this case, an additional $_______
would be required to maintain the purchasing power of $35,000 after 30 years.

CHART 1
[GRAPH LINES TO APPEAR HERE.]

6
<PAGE>

- --------------------------------------------------------------------------------
CHART 2
[BAR GRAPH TO APPEAR HERE.]

STARTING EARLY

The impact of inflation highlights the need to begin a retirement program early.
The value of starting early is illustrated in the following charts.

As shown in Chart 3, if an individual makes annual contributions of $2,500 to
his or her retirement program beginning at age 30, he or she would accumulate
$________ by age 65 under the assumptions described earlier. If that individual
waited until age 50, he or she would only accumulate $_______ by age 65 under
the same assumptions.

CHART 3
[GRAPH LINES TO APPEAR HERE.]

In Table 1, the impact of starting early is demonstrated in another format. For
example, if an individual invests $300 monthly, he or she would accumulate
$_______ in thirty years under our assumptions. In contrast, if that individual
invested the same $300 per month for 15 years, he or she would accumulate only
$______ under our assumptions.

<TABLE>
<CAPTION>
TABLE 1
- --------------------------------------------------------------------------------
MONTHLY
CONTRI- YEAR YEAR YEAR YEAR YEAR
BUTION 10 15 20 25 30
<S> <C> <C> <C> <C> <C>
$ 20
50
100
200
300
- --------------------------------------------------------------------------------
</TABLE>

Chart 4 presents an additional way to demonstrate the significant impact of
starting to make contributions to a retirement program earlier rather than
later. It assumes that an individual had a goal to accumulate $250,000 (pretax)
by age 65. If he or she starts at age 30, under our assumptions he or she could
reach the goal by making a monthly pretax contribution of $___ (equivalent to
$__ after taxes). The total net cost for the 30-year-old in this hypothetical
example would be $______. If the individual in this hypothetical example waited
until age 50, he or she would have to make a monthly pretax contribution of $___
(equivalent to $___ after taxes) to attain the goal, illustrating the importance
of starting early.

CHART 4
GOAL: $250,000 BY AGE 65
[BAR GRAPH TO APPEAR HERE.]

<PAGE>

- --------------------------------------------------------------------------------
TAX DEFERRAL

Contributing to a retirement plan early is part of an effective strategy for
addressing the impact of inflation. Another part of such a strategy is to
carefully select the types of retirement programs in which to invest. In
deciding where to invest retirement contributions, there are three basic types
of programs.

The first type offers the most tax benefits, and therefore is potentially the
most beneficial for accumulating funds for retirement. Contributions are made
with pre-tax dollars or are tax deductible and earnings grow income tax
deferred. An example of this type of program is the deductible Traditional IRA.

The second type of program also provides for tax-deferred earnings growth;
however, contributions are made with after-tax dollars. Examples of this type of
program are nondeductible Traditional IRAs and non-qualified annuities.

The third approach to retirement savings is fully taxable. Contributions are
made with after-tax dollars and earnings are taxed each year. Examples of this
type of program include certificates of deposit, savings accounts, and taxable
stock, bond or mutual fund investments.

Consider an example. For the type of retirement program that offers both pre-tax
contributions and tax deferral, assume that a $2,000 annual pre-tax contribution
is made for thirty years. In this example, the retirement funds would be
$164,527 after thirty years (assuming a 7.5% rate of return, no withdrawals and
assuming the deduction of the 1.60% Separate Account daily asset charge -- but
no withdrawal charge or other charges under the Contract, or trust charges to
Portfolios), and such funds would be $222,309 without the effect of any charges.
Assuming a lump sum withdrawal was made in year thirty and a 28% tax bracket,
these amounts would be $_____ and $_____, respectively.

For the type of program that offers only tax deferral, assume an after-tax
annual contribution of $1,440 for thirty years and the same rate of return. The
after-tax contribution is derived by taxing the $2,000 pre-tax contribution,
again assuming a 28% tax bracket. In this example, the retirement funds would be
$118,460 after thirty years assuming the deduction of charges and no
withdrawals, and $160,062 without the effect of charges. Assuming a lump sum
withdrawal in year thirty, the total after-tax amount would be $_____ with
charges deducted and $______ without charges as described above.

For the fully taxable investment, assume an after-tax contribution of $1,440 for
thirty years. Earnings are taxed annually. After thirty years, the amount of
this fully taxable investment is $108,046.

Keep in mind that taxable investments have fees and charges, too (investment
advisory fees, administrative charges, 12b-1 fees, sales loads, brokerage
commissions, etc.). We have not attempted to apply these fees and charges to the
fully taxable amounts since this is intended merely as an example of tax
deferral.

Again, it must be emphasized that the assumed rate of return of 7.5% compounded
annually used in these examples is for illustrative purposes only. It is not
intended to represent a guaranteed or expected rate of return on any type of
investment. Moreover, early withdrawals of tax-deferred investments are
generally subject to a 10% penalty tax.

INVESTMENT FOR RETIREMENT

Selecting an appropriate retirement program is clearly an important part of an
effective retirement planning strategy. Carefully choosing among available
investments is another essential component.

During the 1968-1998 period, common stock average annual returns outperformed
the average annual returns of fixed investments such as long-term government
bonds and Treasury Bills (T-Bills). See "Notes" below. Common stocks earned an
average annual return of _____% over this period, in contrast to ____% and ____%
for the other two investment categories. Significantly, common stock returns
also outpaced inflation, which grew at ____% over this period.

Although common stock returns have historically outpaced returns of fixed
investments, people often allocate a significant percentage of their retirement
funds to fixed return investments. Their primary concern is the preservation of
principal. Given this concern, Chart 5 illustrates the impact of exposing only
the interest generated by a fixed investment to the stock market. In this
illustration, the fixed investment is represented by a Treasury Bill return and
the stock investment is represented by the Standard & Poor's 500 ("S&P 500").

The chart assumes that a $20,000 fixed investment was made on January 1, 1980.
If the interest on that investment were to accumulate based upon the return of
the S&P 500, the total investment would have been worth $_______ in 1998. Had
the interest been reinvested in the fixed investment, the fixed investment would
have grown to $______. As illustrated in Chart 5, significant opportunities for
growth exist while preserving principal. See "Notes" below.

<PAGE>

- --------------------------------------------------------------------------------
CHART 5
[GRAPH LINES TO APPEAR HERE.]
Another variation of the example in Chart 5 is to gradually transfer principal
from a fixed investment into the stock market. Chart 6 assumes that a $20,000
fixed investment was made on January 1, 1980. For the next two years, $540 is
transferred monthly into the stock market (represented by the S&P 500).

The total investment, given this strategy, would have grown to $_______ in 1998.
In contrast, had the principal not been transferred, the fixed investment would
have grown to $______. See "Notes" below.

CHART 6
[GRAPH LINES TO APPEAR HERE.]

NOTES

1. Common Stocks: Standard & Poor's ("S&P") Composite Index is an unmanaged
weighted index of the stock performance of 500 industrial, transportation,
utility and financial companies. Results shown assume reinvestment of
dividends. Both market value and return on common stock will vary.

2. U.S. Government Securities: Long-term Government Bonds are measured using a
one-bond portfolio constructed each year containing a bond with
approximately a 20-year maturity and a reasonably current coupon. U.S.
Treasury Bills are measured by rolling over each month a one-bill portfolio
containing, at the beginning of each month, the bill having the shortest
maturity not less than one month. U.S. Government securities are guaranteed
as to principal and interest, and if held to maturity, offer a fixed rate
of return. However, market value and return on such securities will
fluctuate prior to maturity.

The Equitable Accumulator Select can be an effective program for diversifying
ongoing investments between various asset categories. In addition, the Equitable
Accumulator Select offers special features which help address the risk
associated with timing the equity markets, such as dollar cost averaging. By
transferring the same dollar amount each month from the Alliance Money Market
option to other variable investment options, dollar cost averaging attempts to
shield your investment from short-term price fluctuations. This, however, does
not assure a profit or protect against a loss in declining markets.

THE BENEFIT OF ANNUITIZATION

An individual may shift the risk of outliving his or her principal by electing a
lifetime income annuity. See "Choosing Your Annuity Payout Options" under
"Transferring and Accessing Your Money" in the prospectus. Chart 7 below shows
the monthly income that can be generated under various forms of life annuities,
as compared to receiving level payments of interest only or principal and
interest from the investment. Calculations in the Chart are based on the
following assumption: a $100,000 contribution was made at one of the ages shown,
annuity payments begin immediately, and a 5% annuitization interest rate is
used. For purposes of this example, principal and interest are paid out on a
level basis over 15 years. In the case of the interest-only scenario, the
principal is always available and may be left to other individuals at death.
Under the principal and interest scenario, a portion of the principal will be
left at death, assuming the individual dies within the 15-year period. In
contrast, under the life annuity scenarios, there is no residual amount left.

9
<PAGE>

- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CHART 7
MONTHLY INCOME
($100,000 CONTRIBUTION)
- --------------------------------------------------------------------------------
PRINCIPAL
AND JOINT AND SURVIVOR*
------------------------------------------
INTEREST INTEREST 50% 66.67% 100%
ONLY FOR SINGLE TO TO TO
ANNUITANT FOR LIFE 15 YEARS LIFE SURVIVOR SURVIVOR SURVIVOR
- --------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Male 65 $401 $785 $ 617 $560 $544 $513
Male 70 401 785 685 609 588 549
Male 75 401 785 771 674 646 598
Male 80 401 785 888 760 726 665
Male 85 401 785 1,045 878 834 757

- -------------------
</TABLE>

The numbers are based on 5% interest compounded annually and the 1983 Individual
Annuity Mortality Table "a" projected with modified Scale G. Annuity purchase
rates available at annuitization may vary, depending primarily on the
annuitization interest rate, which may not be less than an annual rate of 2.5%.

* The Joint and Survivor Annuity Forms are based on male and female Annuitants
of the same age.

FINANCIAL STATEMENTS

The consolidated financial statements of Equitable Life included herein should
be considered only as bearing upon the ability of Equitable Life to meet its
obligations under the Contracts.

There are no financial statements for Separate Account No. 45 as the Contracts
offered under the prospectus and SAI are being offered for the first time in
1999.

<PAGE>

PART C

OTHER INFORMATION

Item 24. Financial Statements and Exhibits.

(a) Financial Statements included in Part B.

1. Separate Account No. 45:

N/A

2. The Equitable Life Assurance Society of the United States:

(To be filed by amendment).

(b) Exhibits.

The following exhibits are filed herewith:

1. Resolutions of the Board of Directors of The Equitable Life
Assurance Society of the United States ("Equitable") authorizing the
establishment of the Registrant, incorporated herein by reference to
Exhibit No. (1) to Registration Statement No. 33-83750, filed
February 27, 1998.

2. Not applicable.

3. (a) Distribution and Servicing Agreement among Equico Securities,
Inc. (now EQ Financial Consultants, Inc.), The Equitable Life
Assurance Society of the United States and Equitable Variable
Life Insurance Company, dated as of May 1, 1994, incorporated
herein by reference to Exhibit 3(c) to the Registration
Statement on Form N-4 (File No. 2-30070) on February 14, 1995.

(b) Letter of Agreement for Distribution Agreement among The
Equitable Life Assurance Society of the United States and EQ
Financial Consultants, Inc., dated April 20, 1998 incorporated
herein by reference to Exhibit 3(c) to Registration Statement
No. 33-83750, filed May 1, 1998.

(c) Form of Sales Agreement among Equitable Distributors, Inc., as
Distributor, a Broker- Dealer (to be named) and a General Agent
(to be named), incorporated herein by reference to Exhibit No.
3(b) to Registration Statement No. 33-83750, filed February 27,
1998.

(d) Form of The Hudson River Trust Sales Agreement by and among
Equico Securities, Inc. (now EQ Financial Consultants, Inc.),
The Equitable Life Assurance Society of the United States,
Equitable Distributors, Inc. and Separate Account No. 45 of The
Equitable Life Assurance Society of the United States,
incorporated herein by reference to Exhibit 3(c) to Registration
Statement No. 33-83750, filed February 27, 1998.

C-1

<PAGE>

4. (a) Form of group annuity contract no. 1050-94IC, incorporated
herein by reference to Exhibit 4(a) to Registration Statement
No. 33-83750, filed February 27, 1998.

(b) Forms of group annuity certificate nos. 94ICA and 94ICB,
incorporated herein by reference to Exhibit 4(b) to Registration
Statement No. 33-83750, filed February 27, 1998.

(c) Forms of endorsement nos. 94ENIRAI, 94ENNQI and 94ENMVAI to
contract no. 1050-94IC and data pages nos. 94ICA/BIM and
94ICA/BMVA, incorporated herein by reference to Exhibit 4(c) to
Registration Statement No. 33-83750, filed February 27, 1998.

(d) Form of Guaranteed Minimum Income Benefit Endorsement to
Contract Form No. 10-50-94IC and the Certificates under the
Contract, incorporated herein by reference to Exhibit 4(h) to
Registration Statement No. 33-83750, filed April 23, 1996.

(e) Form of endorsement No. 98Roth to Contract Form No. 1050-94IC
and the Certificates under the Contract, incorporated herein by
reference to Exhibit 4(l) to Registration Statement No.
33-83750, filed December 31, 1997.

(f) Form of Endorsement applicable to Defined Benefit Qualified Plan
Certificates No. 98ENDQPI, incorporated herein by reference to
Exhibit 4(r) to Registration Statement No. 33-83750, filed
May 1, 1998.

(g) Form of Endorsement applicable to Non-Qualified Certificates No.
98ENJONQI, incorporated herein by reference to Exhibit 4(s) to
Registration Statement No. 33-83750, filed February 27, 1998.

(h) Form of Endorsement applicable to Defined Contribution Qualified
Plan Certificates No. 97ENQPI, incorporated herein by reference
to Exhibit 4(l) to Registration Statement No. 333-64751 filed on
September 30, 1998.

(i) Form of Endorsement No. 98ENIRA-IM to Contract No. 1050-94IC and
Certificates under the Contract, incorporated herein by
reference to Exhibit 5(r) to Registration Statement No.
033-83750, filed on December 30, 1998.

(j) Form of Endorsement Applicable to TSA Certificates, incorporated
herein by reference to Exhibit 4(t) to Registration Statement
No. 333-05593, filed on May 22, 1998.

(k) Form of data pages No. 94ICA/B for Equitable Accumulator Select
(IRA) Certificates.

(l) Form of data pages No. 94ICA/B for Equitable Accumulator Select
(NQ) Certificates.

(m) Form of data pages No. 94ICA/B for Equitable Accumulator Select
(QP) Certificates.

(n) Form of data pages No. 94ICA/B for Equitable Accumulator Select
(TSA) Certificates.

C-2
<PAGE>

5. (a) Form of Enrollment Form/Application No. 126737 (5/99) for
Equitable Accumulator Select (IRA, NQ, QP, and TSA).

6. (a) Restated Charter of Equitable, as amended January 1, 1997,
incorporated herein by reference to Exhibit 6(a) to Registration
Statement No. 33-83750, filed March 6, 1997.

(b) By-Laws of Equitable, as amended November 21, 1996, incorporated
herein by reference to Exhibit 6(b) to Registration Statement
No. 33-83750, filed March 6, 1997.

7. Not applicable.

8. Form of Participation Agreement among EQ Advisors Trust,
Equitable, Equitable Distributors, Inc. and EQ Financial
Consultants, Inc., incorporated by reference to the
Registration Statement of EQ Advisors Trust on Form N-1A.
(File Nos. 333-17217 and 811-07953).

9. Opinion and Consent of Counsel [to be filed by amendment].

10. (a) Consent of PricewaterhouseCoopers LLP [to be filed by
amendment].

(b) Powers of Attorney, incorporated herein by reference to Exhibit
No. 10(b) to Registration Statement No. 333-64751, filed
September 30, 1998.

11. Not applicable.

12. Not applicable.

13. (a) Formulae for Determining Money Market Fund Yield for a Seven-Day
Period, incorporated herein by reference to Exhibit 13(a) to
Registration Statement No. 33-83750, filed February 27, 1998.

(b) Formulae for Determining Cumulative and Annualized Rates of
Return, incorporated herein by reference to Exhibit 13(b) to
Registration Statement No. 33-83750, filed February 27, 1998.

(c) Formulae for Determining Standardized Performance Value and
Annualized Average Performance Ratio, incorporated herein by
reference to Exhibit 13(c) to Registration Statement No.
33-83750, filed February 27, 1998.

C-3
<PAGE>
Item 25: Directors and Officers of Equitable.

Set forth below is information regarding the directors and principal
officers of Equitable. Equitable's address is 1290 Avenue of Americas,
New York, New York 10104. The business address of the persons whose
names are preceded by an asterisk is that of Equitable.

POSITIONS AND
NAME AND PRINCIPAL OFFICES WITH
BUSINESS ADDRESS EQUITABLE
- ---------------- ---------

DIRECTORS

Francoise Colloc'h Director
AXA
23, Avenue Matignon
75008 Paris, France

Henri de Castries Director
AXA
23, Avenue Matignon
75008 Paris, France

Joseph L. Dionne Director
The McGraw-Hill Companies
1221 Avenue of the Americas
New York, NY 10020

Denis Duverne Director
AXA
23, Avenue Matignon
75008 Paris, France

William T. Esrey Director
Sprint Corporation
P.O. Box 11315
Kansas City, MO 64112

Jean-Rene Fourtou Director
Rhone-Poulenc S.A.
25 Quai Paul Doumer
92408 Courbevoie Cedex,
France

Norman C. Francis Director
Xavier University of Louisiana
7325 Palmetto Street
New Orleans, LA 70125

C-4
<PAGE>

POSITIONS AND
NAME AND PRINCIPAL OFFICES WITH
BUSINESS ADDRESS EQUITABLE
- ---------------- ---------

Donald J. Greene Director
LeBouef, Lamb, Greene & MacRae
125 West 55th Street
New York, NY 10019-4513

John T. Hartley Director
Harris Corporation
1025 NASA Boulevard
Melbourne, FL 32919

John H.F. Haskell, Jr. Director
Warburg Dillion, Read LLC
535 Madison Avenue
New York, NY 10028

Mary R. (Nina) Henderson Director
International Plaza
P.O. Box 8000
Englewood Cliffs, NJ 07632-9976

W. Edwin Jarmain Director
Jarmain Group Inc.
121 King Street West
Suite 2525
Toronto, Ontario M5H 3T9,
Canada

G. Donald Johnston, Jr. Director
184-400 Ocean Road
John's Island
Vero Beach, FL 32963

George T. Lowy Director
Cravath, Swaine & Moore
825 Eighth Avenue
New York, NY 10019

C-5
<PAGE>

POSITIONS AND
NAME AND PRINCIPAL OFFICES WITH
BUSINESS ADDRESS EQUITABLE
- ---------------- ---------

Didier Pineau-Valencienne Director
Schneider S.A.
64-70 Avenue Jean-Baptiste Clement
92646 Boulogne-Billancourt Cedex
France

George J. Sella, Jr. Director
P.O. Box 397
Newton, NJ 07860

Dave H. Williams Director
Alliance Capital Management Corporation
1345 Avenue of the Americas
New York, NY 10105

OFFICER-DIRECTORS
- -----------------

*Michael Hegarty President, Chief Operating
Officer and Director

*Edward D. Miller Chairman of the Board,
Chief Executive Officer
and Director

* Stanley B. Tulin Vice Chairman of the Board,
Chief Financial Officer and Director

OTHER OFFICERS
- --------------

*Leon Billis Executive Vice President
and Chief Information Officer

*Harvey Blitz Senior Vice President

*Kevin R. Byrne Senior Vice President and Treasurer

*Alvin H. Fenichel Senior Vice President and
Controller

C-6
<PAGE>

POSITIONS AND
NAME AND PRINCIPAL OFFICES WITH
BUSINESS ADDRESS EQUITABLE
- ---------------- ---------

*Paul J. Flora Senior Vice President and Auditor
*Robert E. Garber Executive Vice President and
General Counsel

*Jerome S. Golden Executive Vice President

James D. Goodwin Vice President

*Edward J. Hayes Senior Vice President

*Mark A. Hug Senior Vice President

*Donald R. Kaplan Vice President and Chief Compliance
Officer and Associate General
Counsel

*Michael S. Martin Executive Vice President and Chief
Marketing Officer

*Douglas Menkes Senior Vice President and
Corporate Actuary

*Peter D. Noris Executive Vice President and Chief
Investment Officer

*Anthony C. Pasquale Senior Vice President

*Pauline Sherman Vice President, Secretary and
Associate General Counsel

*Samuel B. Shlesinger Senior Vice President

*Richard V. Silver Senior Vice President and Deputy
General Counsel

*Jose Suquet Senior Executive Vice President and
Chief Distribution Officer

*Naomi Weinstein Vice President

*Maureen K. Wolfson Vice President

C-7
<PAGE>

Item 26. Persons Controlled by or Under Common Control with the Insurance
Company or Registrant.

Separate Account No. 49 of The Equitable Life Assurance Society of the
United States (the "Separate Account") is a separate account of Equitable.
Equitable, a New York stock life insurance company, is a wholly owned
subsidiary of The Equitable Companies Incorporated (the "Holding Company"), a
publicly traded company.

The largest stockholder of the Holding Company is AXA which as of
December 31, 1998 beneficially owned 58.5% of the Holding Company's outstanding
common stock. AXA is able to exercise significant influence over the operations
and capital structure of the Holding Company and its subsidiaries, including
Equitable. AXA, a French company, is the holding company for an international
group of insurance and related financial services companies.

C-8
<PAGE>

ORGANIZATION CHART OF EQUITABLE'S AFFILIATES

The Equitable Companies Incorporated (l991) (Delaware)

Donaldson, Lufkin & Jenrette, Inc. (1993) (Delaware) (41.8%) (See
Addendum B(1) for subsidiaries)

The Equitable Life Assurance Society of the United States (1859)
(New York) (a)(b)

The Equitable of Colorado, Inc. (l983) (Colorado)

EVLICO, INC. (1995) (Delaware)

EVLICO East Ridge, Inc. (1995) (California)

GP/EQ Southwest, Inc. (1995) (Texas)

Franconom, Inc. (1985) (Pennsylvania)

Frontier Trust Company (1987) (North Dakota)

Gateway Center Buildings, Garage, and Apartment Hotel, Inc.
(inactive) (pre-l970) (Pennsylvania)

Equitable Deal Flow Fund, L.P.

Equitable Managed Assets (Delaware)

EREIM LP Associates (99%)

EML Associates, L.P. (19.8%)

Alliance Capital Management L.P. (2.7% limited partnership
interest)

ACMC, Inc. (1991) (Delaware)(s)

Alliance Capital Management L.P. (1988) (Delaware)
(39.6% limited partnership interest)

EVCO, Inc. (1991) (New Jersey)

EVSA, Inc. (1992) (Pennsylvania)

Prime Property Funding, Inc. (1993) (Delaware)

Wil Gro, Inc. (1992) (Pennsylvania)

Equitable Underwriting and Sales Agency (Bahamas) Limited (1993)
(Bahamas)

(a) Registered Broker/Dealer (b) Registered Investment Advisor

C-9
<PAGE>

The Equitable Companies Incorporated (cont.)
Donaldson Lufkin & Jenrette, Inc.
The Equitable Life Assurance Society of the United States (cont.)

Fox Run, Inc. (1994) (Massachusetts)

STCS, Inc. (1992) (Delaware)

CCMI Corporation (1994) (Maryland)

FTM Corporation (1994) (Maryland)

Equitable BJVS, Inc. (1992) (California)

Equitable Rowes Wharf, Inc. (1995) (Massachusetts)

Camelback JVS, Inc. (1995) (Arizona)

ELAS Realty, Inc. (1996) (Delaware)

100 Federal Street Realty Corporation (Massachusetts)

Equitable Structured Settlement Corporation (1996) (Delaware)

Prime Property Funding II, Inc. (1997) (Delaware)

Sarasota Prime Hotels, Inc. (1997) (Florida)

ECLL, Inc. (1997) (Michigan)

Equitable Holdings LLC (1997) (New York) (into which Equitable Holding
Corporation was merged in 1997)
EQ Financial Consultants, Inc. (formerly
Equico Securities, Inc.) (l97l) (Delaware) (a) (b)

ELAS Securities Acquisition Corp. (l980) (Delaware)

100 Federal Street Funding Corporation (Massachusetts)

EquiSource of New York, Inc. (1986) (New York) (See
Addendum A for subsidiaries)

Equitable Casualty Insurance Company (l986) (Vermont)

EREIM LP Corp. (1986) (Delaware)

EREIM LP Associates (1%)

EML Associates (.02%)

Six-Pac G.P., Inc. (1990) (Georgia)

Equitable Distributors, Inc. (1988) (Delaware) (a)

(a) Registered Broker/Dealer (b) Registered Investment Advisor

C-10
<PAGE>

The Equitable Companies Incorporated (cont.)
Donaldson Lufkin & Jenrette, Inc.
The Equitable Life Assurance Society of the United States (cont.)
Equitable Holdings, LLC (cont.)

Equitable JVS, Inc. (1988) (Delaware)

Astor/Broadway Acquisition Corp. (1990) (New York)

Astor Times Square Corp. (1990) (New York)

PC Landmark, Inc. (1990) (Texas)

Equitable JVS II, Inc. (1994) (Maryland)

EJSVS, Inc. (1995) (New Jersey)

Donaldson, Lufkin & Jenrette, Inc. (1985 by EIC; 1993 by EQ and
EHC) (Delaware) (34.4%) (See Addendum B(1) for
subsidiaries)

JMR Realty Services, Inc. (1994) (Delaware)

Equitable Investment Corporation (l97l) (New York)

Stelas North Carolina Limited Partnership (50% limited
partnership interest) (l984)

Equitable JV Holding Corporation (1989) (Delaware)

Alliance Capital Management Corporation (l991) (Delaware) (b)
(See Addendum B(2) for subsidiaries)

Equitable Capital Management Corporation (l985)
(Delaware)(b)

Alliance Capital Management L.P. (1988) (Delaware) (14.6%
limited partnership interest)

EQ Services, Inc. (1992) (Delaware)

EREIM Managers Corp. (1986) (Delaware)

ML/EQ Real Estate Portfolio, L.P.

EML Associates, L.P.

(a) Registered Broker/Dealer (b) Registered Investment
Advisor

C-11
<PAGE>

ORGANIZATION CHART OF EQUITABLE'S AFFILIATES

ADDENDUM A - SUBSIDIARY
OF EQUITABLE HOLDINGS, LLC
HAVING MORE THAN FIVE SUBSIDIARIES

-------------------------------------------------------

EquiSource of New York, Inc. (formerly Traditional Equinet Business Corporation
of New York) has the following subsidiaries that are brokerage companies to
make available to Equitable Agents within each state traditional (non-equity)
products and services not manufactured by Equitable:

EquiSource of Alabama, Inc. (1986) (Alabama)
EquiSource of Arizona, Inc. (1986) (Arizona)
EquiSource of Arkansas, Inc. (1987) (Arkansas)
EquiSource Insurance Agency of California, Inc. (1987) (California)
EquiSource of Colorado, Inc. (1986) (Colorado)
EquiSource of Delaware, Inc. (1986) (Delaware)
EquiSource of Hawaii, Inc. (1987) (Hawaii)
EquiSource of Maine, Inc. (1987) (Maine)
EquiSource Insurance Agency of Massachusetts, Inc. (1988)
(Massachusetts)
EquiSource of Montana, Inc. (1986) (Montana)
EquiSource of Nevada, Inc. (1986) (Nevada)
EquiSource of New Mexico, Inc. (1987) (New Mexico)
EquiSource of Pennsylvania, Inc. (1986) (Pennsylvania)

EquiSource of Puerto Rico, Inc. (1997) (Puerto Rico)

EquiSource Insurance Agency of Utah, Inc. (1986) (Utah)
EquiSource of Washington, Inc. (1987) (Washington)
EquiSource of Wyoming, Inc. (1986) (Wyoming)

C-12
<PAGE>

ORGANIZATION CHART OF EQUITABLE'S AFFILIATES
ADDENDUM B - INVESTMENT SUBSIDIARIES
HAVING MORE THAN FIVE SUBSIDIARIES

------------------------------------

Donaldson, Lufkin & Jenrette, Inc. has the following subsidiaries, and
approximately 150 other subsidiaries, most of which are special purpose
subsidiaries (the number fluctuates according to business needs):

Donaldson, Lufkin & Jenrette, Securities Corporation (1985)
(Delaware) (a) (b)
Wood, Struthers & Winthrop Management Corp. (1985)
(Delaware) (b)
Autranet, Inc. (1985) (Delaware) (a)
DLJ Real Estate, Inc.
DLJ Capital Corporation (b)
DLJ Mortgage Capital, Inc. (1988) (Delaware)
Column Financial, Inc. (1993) (Delaware) (50%)

Alliance Capital Management Corporation (as general partner) (b) has the
following subsidiaries:

Alliance Capital Management L.P. (1988) (Delaware) (b)
Alliance Capital Management Corporation of Delaware, Inc.
(Delaware)
Alliance Fund Services, Inc. (Delaware) (a)
Alliance Fund Distributors, Inc. (Delaware) (a)
Alliance Capital Oceanic Corp. (Delaware)
Alliance Capital Management Australia Pty. Ltd.
(Australia)
Meiji - Alliance Capital Corp. (Delaware) (50%)
Alliance Capital (Luxembourg) S.A. (99.98%)
Alliance Eastern Europe Inc. (Delaware)
Alliance Barra Research Institute, Inc. (Delaware)
(50%)
Alliance Capital Management Canada, Inc. (Canada)
(99.99%)
Alliance Capital Management (Brazil) Llda
Alliance Capital Global Derivatives Corp. (Delaware)
Alliance International Fund Services S.A.
(Luxembourg)
Alliance Capital Management (India) Ltd. (Delaware)
Alliance Capital Mauritius Ltd.
Alliance Corporate Finance Group, Incorporated
(Delaware)
Equitable Capital Diversified Holdings, L.P. I
Equitable Capital Diversified Holdings, L.P. II
Curisitor Alliance L.L.C. (Delaware)
Curisitor Holdings Limited (UK)
Alliance Capital Management (Japan), Inc.
Alliance Capital Management (Asia) Ltd.
Alliance Capital Management (Turkey), Ltd.
Cursitor Alliance Management Limited (UK)

(a) Registered Broker/Dealer (b) Registered Investment Advisor

C-13
<PAGE>

AXA GROUP CHART

The information listed below is dated as of December 31, 1997; percentages
shown represent voting power. The name of the owner is noted when AXA
indirectly controls the company.

AXA INSURANCE AND REINSURANCE BUSINESS HOLDING

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------
AXA Assurances Iard France 100% by AXA France Assurance

AXA Assurances Vie France 100% by AXA France Assurance

AXA Courtage Iard France 97.4% by AXA France Assurance
and UAP Iard

AXA Courtage Vie France 100% by AXA France Assurance

Alpha Assurances Vie France 100% by AXA France Assurance

AXA Direct France 100%

Direct Assurances Iard France 100% by AXA Direct

Direct Assurance Vie France 100% by AXA Direct

AXA Tellit Versicherung Germany 50% owned by AXA Direct and
50% by CKAG

Axiva France 100% by AXA France Assurance

Juridica France 88.4% by UAP Iard, 10.9% by
AXA France Assurance

AXA Assistance France France 100% by AXA Assistance SA

Monvoisin Assurances France 99.9% by different companies
and Mutuals

Societe Beaujon France 100%

Lor Finance France 100%

Jour Finance France 100% by AXA Conseil Iard and
by AXA Assurances Iard

Financiere 45 France 99.8%

Mofipar France 100%

Compagnie Auxiliaire pour le France 99.8% by Societe Beaujon
Commerce and l'Industrie

C.F.G.A. France 99.96% owned by Mutuals and
Finaxa

AXA Global Risks France 100% owned by AXA France
Assurance, UAP Iard and
Mutuals

Argovie France 100% by Axiva and SCA Argos

C-14
<PAGE>

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

Astral Finance France 99.33% by AXA Courtage Vie

Argos France N.S.

AXA France Assurance France 100%

UAP Incendie Accidents France 100% by AXA France
Assurance

UAP Vie France 100% by AXA France
Assurance

UAP Collectives France 50% by AXA Assurances
Iard, 3.3% by AXA Conseil
Iard and 46.6% UAP Vie

Thema Vie France 30% by Axiva, 11.9% by
UAP Collectives, 10.9% by
UAP Iard and 46.8% by UAP Vie.

La Reunion Francaise France 49% by UAP Iard and 51% by
AXA Global Risks

UAP Assistance France 52% by UAP Incendie-Accidents
and 48% by UAP Vie

UAP International France 50.1% by AXA and 49.9% by
AXA Global Risks

Sofinad France 100%

AXA-Colonia Konzern AG (AXA-
CKAG) Germany 39.7% by Vinci BV, 25.6% by
Kolnische Verwaltungs and
5.5% by AXA-UAP

Finaxa Belgium Belgium 100%

AXA Belgium Belgium 27.1% by AXA and 72.6%
by Finaxa Belgium

De Kortrijske Verzekering Belgium 99.8% by AXA Belgium

Juris Belgium 100% owned by Finaxa Belgium

Royale Vendome Belgium 49% by AXA and 20.2% by
AXA Global Risks

Royale Belge Belgium 51.2% by Royale Vendome and
9.5% by different companies
of the Group

Royale Belge 1994 Belgium 97.9% by Royale Belge and 2%
by UAB

UAB Belgium 99.9% by Royale Belge

Ardenne Prevoyante Belgium 99.4% by Royale Belge

GB Lex Belgium 55% by Royale Belge, 25% by
Royale Belge 1994, 10% by
Juridica and 10% by AXA
Conseil Assurance

Royale Belge Re Belgium 99.9% by Royale Belge

Parcolvi Belgium 100% by Vinci Belgium

Vinci Belgium Belgium 99.5% by Vinci BV

Finaxa Luxembourg Luxembourg 100%

AXA Assurance IARD Luxembourg Luxembourg 99.9%

AXA Assurance Vie Luxembourg Luxembourg 99.9%

Royale UAP Luxembourg 100% by Royale Belge

Paneurolife Luxembourg 90% by different companies of
the AXA Group

Paneurore Luxembourg 90% by different companies of
the AXA Group

Crealux Luxembourg 100% by Royale Belge

Futur Re Luxembourg 100% by AXA Global Risks

General Re-CKAG Luxembourg 37.8% by AXA-CKAG and 12.1%
by Colonia Nordstern
Versicherung

Royale Belge Investissements Luxembourg 100% by Royale Belge

AXA Aurora Spain 30% owned by AXA and 40%
by UAP International

Aurora Polar SA de Seguros y Spain 99.4% owned by AXA Aurora
Reaseguros

Aurora Vida SA de Seguros y Spain 90% owned by Aurora Polar and
Reaseguros 5% by AXA

AXA Gestion de Seguros y Spain 99.1% owned by AXA Aurora
Reaseguros

Hilo Direct Seguros Spain 71.4% by AXA Aurora

Ayuda Legal Spain 59% owned by Aurora Polar,
29% by AXA Gestion and 12%
by Aurora Vida

UAP Iberica Spain 100% by UAP International

General Europea (GESA) Spain 100% by Societe Generale
d'Assistance

AXA Assicurazioni Italy 100%

Eurovita Italy 30% owned by AXA Assicurazioni

Gruppo UAP Italia (GUI) Italy 97% by UAP International and
3% by UAP Vie

UAP Italiana Italy 96% by AXA and 4% by GUI

UAP Vita Italy 62.2% by GUI and 37.8% by UAP
Vie

Allsecures Assicurazioni Italy 90% by GUI and 10% by UAP
Italiana

Allsecures Vita Italy 92.9% by GUI and 7% by AXA

Centurion Assicurazioni Italy 100% by GUI

AXA Equity & Law plc U.K. 100%

AXA Equity & Law Life U.K. 100% by SLPH
Assurance Society

AXA Insurance U.K. 100% owned by SLPH

AXA Global Risks U.K. 51% owned by AXA Global
Risks (France) and 49% by
AXA Courtage IARD

Sun Life and Provincial U.K. 71.6% by AXA and AXA
Holdings (SLPH) Equity & Law Plc

Sun Life Corporation Plc U.K. 100% by AXA Sun Life Holding

Sun Life Assurance U.K. 100% by AXA Sun Life Holding

UAP Provincial Insurance U.K. 100% by SLPH

English & Scottish U.K. 100% by AXA UK

Servco U.K. 100% by AXA Sun Life Holding

AXA Sun Life U.K. 100% by AXA Sun Life Holding

AXA Leven The Nether- 100% by AXA Equity & Law Life
lands Assurance Society

UAP Nieuw Rotterdam The Nether- 51% by Royale Belge, 38.9% by
Holding BV lands Gelderland BV and 4.1% by
AXA

UNIROBE Groep BV The Nether- 100% by UAP Nieuw Rotterdam
lands Holding BV

UAP Nieuw Rotterdam Verzkerigen The Nether- 100% by UAP Nieuw Rotterdam
lands Holding BV

UAP Nieuw Rotterdam Schade The Nether- 100% by UAP Nieuw Rotterdam
lands Verzekerigen

UAP Nieuw Rotterdam Leven The Nether- 100% by UAP Nieuw Rotterdam
lands Verzekerigen

UAP Nieuw Rotterdam Zorg The Nether- 100% by UAP Nieuw Rotterdam
lands Schade

Societe Generale d'Assistance The Nether- 51% by UAP Incendie-Accidents,
lands 29% by UAP Vie and 20% by
AXA-UAP

Gelderland BV The Nether- 100% by UAP Vie
lands

Royale Belge International The Nether- 100% by Royale Belge
lands Investissements

Vinci BV The Nether- 94.8% by AXA and 5.2% by
lands Parcolvi

AXA Portugal Companhia de Portugal 43.1% by different companies
Serguros SA of the AXA Group

AXA Portugal Companhia de Portugal 95.1% by UAP Vie and 7.5% UAP
Serguros de Vida SA International

Union UAP Switzerland 99.9% by UAP International

Union UAP Vie Switzerland 95% by UAP International

AXA Oyak Hayat Sigorta Turkey 60% owned by AXA

Oyak Sigorta Turkey 11% owned by AXA

Al Amane Assurances Morocco 52% by UAP International

AXA Canada Inc. Canada 100%

AXA Boreal Insurance Inc. Canada 100% owned by Gestion Fracapar
Inc

AXA Assurances Inc Canada 100% owned by AXA Canada Inc

C-15
<PAGE>

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

AXA Insurance Inc Canada 100% owned by AXA Canada Inc.
and AXA Assurance Inc

Anglo Canada General Insurance Canada 100% owned by AXA Canada Inc.
Cy

AXA Pacific Insurance Cy Canada 100% by AXA Boreal Insurance
Inc

AXA Boreal Assurances Canada 100% by AXA Boreal Insurance
Agricoles Inc Inc

AXA Life Insurance Japan 100%

Dongbu AXA Life Korea 50%
Insurance Co. Ltd.

Sime AXA Berhad Malaysia 30% owned by AXA and
AXA Reassurance

AXA Investment Holdings Pte Ltd Singapore 100%

AXA Insurance Singapore 100% owned by AXA Investment
Holdings Pte Ltd

AXA Insurance Hong Kong 100% owned by AXA Investment
Holdings Pte Ltd

AXA Life Insurance Hong Kong 100%

PT Asuransi AXA Indonesia Indonesia 80%

The Equitable Companies U.S.A. 58.7% of which AXA owns
Incorporated 42.0%, Financiere 45, 3.2%,
Lorfinance 6.4%, AXA Equity
& Law Life Association Society
4.1% and AXA Reassurance 3.0%

The Equitable Life Assurance U.S.A. 100% owned by The Equitable
Society of the United States Companies Incorporated
(ELAS)

National Mutual Holdings Ltd Australia 51% between AXA, 42.1%
and AXA Equity & Law Life
Assurance Society 8.9%

The National Mutual Life Australia 100% owned by National Mutual
Association of Australasia Ltd Holdings Ltd

National Mutual International Australia 100% owned by National Mutual
Pty Ltd Holdings Ltd

National Mutual (Bermuda) Ltd Australia 100% owned by National Mutual
International Pty Ltd

National Mutual Asia Ltd Australia 41% owned by National Mutual
Holdings Ltd, 20% by Datura
Ltd and 13% by National Mutual
Life Association of
Australasia

Australian Casualty & Life Ltd Australia 100% owned by National Mutual
Holdings Ltd

National Mutual Health Australia 100% owned by National Mutual
Insurance Pty Ltd Holdings Ltd

C-16
<PAGE>

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

AXA Reassurance France 100% owned by AXA, AXA
Assurances Iard and AXA Global
Risks

AXA Re Finance France 79% owned by AXA Reassurance

AXA Cessions France 100%

AXA Re Asia Singapore 100% owned by AXA Reassurance

AXA Re U.K. Plc U.K. 100% owned by AXA Re U.K.
Holding

AXA Re U.K. Holding U.K. 100% owned by AXA Reassurance

AXA Re U.S.A. U.S.A. 100% owned by AXA America

AXA America U.S.A. 100% owned by AXA Reassurance

AXA Space U.S.A. 80% owned by AXA America

AXA Re Life U.S.A. 100% owned by AXA America

C.G.R.M. Monaco 100% owned by AXA Reassurance

C-17
<PAGE>

AXA FINANCIAL BUSINESS

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

Compagnie Financiere de Paris France 97.2% (100% with Mutuals)
(C.F.P.)

AXA Banque France 98.7% owned by C.F.P.

AXA Credit France 65% owned by C.F.P.

AXA Gestion Interessement France 100% owned by AXA Investment
Managers

Sofapi France 100% owned by C.F.P.

Soffim France 100% owned by C.F.P.

Societe de Placements France 98.8% with Mutuals
Selectionnes S.P.S.

Presence et Initiative France 100% with Mutuals

Vamopar France 100% owned by Societe Beaujon

Financiere Mermoz France 100%

AXA Investment Managers France 100% by some AXA Group
companies

AXA Asset Management France 100% owned by AXA Investment
Partenaires Managers

AXA Investment Managers Paris France 100% owned by AXA Investment
Managers

AXA Asset Management France 99.6% owned by AXA Investment
Distribution Managers

UAP Gestione Financiere France 99.9 by AXA

Assurinvestissements France 50% by UAP Vie, 30% UAP
Collectives, 20% UAP
Incendie-Accidents

Banque Worms France 51% by CFP and 49% by
three UAP insurance companies

Colonia Bausbykasse Germany 97.8% by AXA-CKAG

Banque Ippa Belgium 99.9% by Royale Belge

Banque Bruxelles Lambert Belgium 9.3% by Royale Belge, 3.1%
Royale Belge 1994, 0.2% by
AXA Belgium

AXA Equity & Law Home Loans U.K. 100% owned by AXA Equity & Law
Plc

AXA Equity & Law Commercial U.K. 100% owned by AXA Equity & Law
Loans Plc Loans

Sun Life Asset Management U.K. 66.7% owned by SLPH and 33.4%
by AXA Asset Management Ltd.

C-18
<PAGE>

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

Alliance Capital Management U.S.A. 57.9% held by ELAS

Donaldson Lufkin & Jenrette U.S.A. 76.2% owned by Equitable
Holdings LLC and ELAS

National Mutual Funds Australia 100% owned by National
Management (Global) Ltd Mutual Holdings Ltd

National Mutual Funds USA 100% by National Mutual Funds
Management North America Management (Global) Ltd.
Holding Inc.

Cogefin Luxembourg 100% owned by AXA Belgium

ORIA France 100% owned by AXA Millesimes

AXA Oeuvres d'Art France 100% by Mutuals

AXA Cantenac Brown France 100%

AXA Suduiraut France 99.6% owned by AXA and
Societe Beaujon

C-19
<PAGE>

AXA REAL ESTATE BUSINESS

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

Prebail France 100% owned by AXA Immobilier

Axamur France 100% by different companies
and Mutuals

Parimmo France 100% by different companies
and Mutuals

S.G.C.I. France 100% by different companies
and Mutuals

Transaxim France 100% owned by S.G.C.I. and
C.P.P.

Compagnie Parisienne de France 100% owned by S.G.C.I.
Participations (C.P.P.)

Monte Scopeto France 100% owned by C.P.P.

Matipierre France 100% by different companies

Securimo France 87.12% by different companies
and Mutuals

Paris Orleans France 100% by different companies
AXA Courtage Iard

Colisee Bureaux France 100% by different companies
and Mutuals

Colisee Premiere France 100% by different companies
and Mutuals

Colisee Laffitte France 100% by Colisee Bureaux

Fonciere Carnot Laforge France 100% by Colisee Premiere

Parc Camoin France 100% by Colisee Premiere

Delta Point du Jour France 100% owned by Matipierre

Paroi Nord de l'Arche France 100% owned by Matipierre

Falival France 100% owned by AXA Reassurance

Compagnie du Gaz d'Avignon France 100% owned by AXA Assurances
Iard

Ahorro Familiar France 44% owned by AXA Assurances
Iard, 1% by AXA Aurora Polar
and 1% by AXA Seguros

Fonciere du Val d'Oise France 100% owned by C.P.P.

Sodarec France 100% owned by C.P.P.

C-20
<PAGE>
COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

Centrexpo France 99.3% owned by C.P.P.

Fonciere de la Ville du Bois France 99.6% owned by Centrexpo

Colisee Seine France 100% owned by different
companies

Translot France 100% owned by SGCI

Colisee Alpha France 100% owned by Colisee Bureaux

Colisee Silly France 100% owned by Colisee Bureaux

S.N.C. Dumont d'Urville France 100% owned by Colisee Premiere

Colisee Federation France 100% by SGCI

Colisee Saint Georges France 100% by SGCI

Drouot Industrie France 50% by SGCI and 50% by Axamur

Colisee Vauban France 99.6% by Matipierre

Fonciere Colisee France 100% by Matipierre and other
companies of the AXA Group

AXA Pierre S.C.I. France 97.6% owned by different
companies and Mutuals

AXA Millesimes France 85.4% owned by AXA and the
Mutuals

Chateau Suduirault France 100% owned by AXA Millesimes

Diznoko Hungary 95% owned by AXA Millesimes

Compagnie Fonciere Matignon France 100% by different companies
and Mutuals

Fidei France 20.7% owned by C.F.P. and
10.8% by Axamur

Fonciere Saint Sebastien France 99.9% by UAP Vie

Fonciere Vendome France 91% by different companies of
the Group

La Holding Vendome France 99.9% by AXA Global Risks

10, boulevard Haussmann France 69% by La Fonciere Vendome and
31% by AXA Conseil Iard

37-39 Le Peletier France 100% by AXA Courage Iard

Ugici France 100% by different companies of
the AXA Group of which
93.1% by UAP Vie

Ugicomi France 100% by different companies of
the AXA Group of which
63.8% by UAP Vie

Ugif France 100% by different companies of
the AXA Group of which
59.6% by UAP Vie and 32.6%
by UAP Collectives

Ugil France 93.9% by different companies
of the AXA Group of which
65.8% by UAP Vie

Ugipar France 100% by different companies
of the AXA Group of which
39.4% by UAP Vie, 35.4% by AXA
Courtage Iard and 20.8% by UAP
Collectives

AXA Immobiller France 100% by AXA

Quinta do Noval Vinhos S.A. Portugal 99.6% owned by AXA Millesimes

C-21
<PAGE>

OTHER AXA BUSINESS

COMPANY COUNTRY VOTING POWER
- ------- ------- ------------

A.N.F. France 95.4% owned by Finaxa

Lucia France 20.6% owned by AXA Assurances
Iard and 8.6% by Mutuals

Schneider S.A. France 10.4%

C-22
<PAGE>

ORGANIZATION CHART OF EQUITABLE'S AFFILIATES

NOTES
-----

1. The year of formation or acquisition and state or country of incorporation
of each affiliate is shown.

2. The chart omits certain relatively inactive special purpose real estate
subsidiaries, partnerships, and joint ventures formed to operate or
develop a single real estate property or a group of related properties,
and certain inactive name-holding corporations.

3. All ownership interests on the chart are 100% common stock ownership
except: (a) The Equitable Companies Incorporated's 41.8% interest in
Donaldson, Lufkin & Jenrette, Inc. and Equitable Holdings, LLC's
34.4% interest in same; (b) as noted for certain partnership interests; (c)
Equitable Life's ACMC, Inc.'s and Equitable Capital Management
Corporation's limited partnership interests in Alliance Capital Management
L.P.; and (d) as noted for certain subsidiaries of Alliance Capital
Management Corp. of Delaware, Inc.

4. The operational status of the entities shown as having been formed or
authorized but "not yet fully operational" should be checked with the
appropriate operating areas, especially for those that are start-up
situations.

5. The following entities are not included in this chart because, while they
have an affiliation with The Equitable, their relationship is not the
ongoing equity-based form of control and ownership that is characteristic
of the affiliations on the chart, and, in the case of the first two
entities, they are under the direction of at least a majority of "outside"
trustees:

The Hudson River Trust
EQ Advisors Trust
Separate Accounts

6. This chart was last revised on January 12, 1999.

C-23

<PAGE>
Item 27. Number of Contractowners

Currently, there are no holders of the contracts to be offered.

Item 28. Indemnification

Indemnification of Principal Underwriter

To the extent permitted by law of the State of New York and subject
to all applicable requirements thereof, Equitable Distributors, Inc. has
undertaken to indemnify each of its directors and officers who is made or
threatened to be made a party to any action or proceeding, whether civil or
criminal, by reason of the fact the director or officer, or his or her
testator or intestate, is or was a director or officer of Equitable
Distributors, Inc.

Undertaking

Insofar as indemnification for liability arising under the Securities
Act of 1933 ("Act") may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless
in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act
and will be governed by the final adjudication of such issue.

Item 29. Principal Underwriters

(a) EQ Financial Consultants, Inc., an indirect wholly-owned subsidiary
of Equitable, is the principal underwriter for Separate Account No. 45. The
principal business address of EQ Financial Consultants, Inc. is 1290 Avenue of
the Americas, NY, NY 10104.

(b) Set forth below is certain information regarding the directors
and principal officers of EQ Financial Consultants, Inc. The business address of
the persons whose names are preceded by an asterisk is that of EQ Financial
Consultants, Inc.

C-24
<PAGE>

NAME AND PRINCIPAL POSITIONS AND OFFICES WITH UNDERWRITER
BUSINESS ADDRESS (EQ FINANCIAL CONSULTANTS)
- ---------------- --------------------------------------
*Michael S. Martin Chairman of the Board, and Director

*Richard J. Matteis Vice Chairman of the Board and Director

*Michael F. McNelis President, Chief Operating Officer and
Director

*Martin J. Telles Executive Vice President and Chief
Marketing Officer

*Derry E. Bishop Executive Vice President and Director

*Harvey E. Blitz Executive Vice President and Director

*Michael J. Laughlin Director

*Richard V. Silver Director

*Mark R. Wutt Director

*William J. Green Executive Vice President

Edward J. Hayes Executive Vice President
200 Plaza Drive
Secaucus, NJ 07096

*Craig A. Junkins Executive Vice President

*Peter D. Noris Executive Vice President

*Mark A. Silberman Senior Vice President and Chief
Financial Officer

Stephen T. Burnthall Senior Vice President
6435 Shiloh Road
Suite A
Alpharetta, GA 30005

Richard Magaldi Senior Vice President
6435 Shiloh Road
Suite A
Alpharetta, GA 30005

*Theresa A. Nurge-Alws Senior Vice President

*Donna M. Dazzo First Vice President

*Robin K. Murray First Vice President

*Mary P. Breen Vice President and Counsel

*Michael Brzozowski Vice President and Compliance Director

*Marie D. Godolsky Vice President and Controller

*Janet E. Hannon Secretary

*Linda J. Galasso Assistant Secretary

Item 30. Location of Accounts and Records

The records required to be maintained by Section 31(a) of the
Investment Company Act of 1940 and Rules 31a-1 to 31a-3 thereunder are
maintained by Equitable at 1290 Avenue of the Americas, New York,

C-25
<PAGE>

New York 10104, 135 West 50th Street, New York, NY 10020, and 200 Plaza Drive,
Secaucus, NJ 07096. The policies files will be kept at Vantage Computer System,
Inc., 301 W. 11th Street, Kansas City, Mo. 64105.

Item 31. Management Services

Not applicable.

Item 32. Undertakings

The Registrant hereby undertakes:

(a) to file a post-effective amendment to this registration
statement as frequently as is necessary to ensure that the
audited financial statements in the registration statement
are never more than 16 months old for so long as payments
under the variable annuity contracts may be accepted;

(b) to include either (1) as part of any application to purchase
a contract offered by the prospectus, a space that an
applicant can check to request a Statement of Additional
Information, or (2) a postcard or similar written
communication affixed to or included in the prospectus that
the applicant can remove to send for a Statement of
Additional Information;

(c) to deliver any Statement of Additional Information and any
financial statements required to be made available under
this Form promptly upon written or oral request.

Equitable represents that the fees and charges deducted under the Certificates
described in this Registration Statement, in the aggregate, in each case, are
reasonable in relation to the services rendered, the expenses to be incurred,
and the risks assumed by Equitable under the respective Certificates. Equitable
bases its representation on its assessment of all of the facts and
circumstances, including such relevant factors as: the nature and extent of
such services, expenses and risks, the need for Equitable to earn a profit, the
degree to which the Certificates include innovative features, and regulatory
standards for the grant of exemptive relief under the Investment Company Act of
1940 used prior to October 1996, including the range of industry practice. This
representation applies to all certificates sold pursuant to this Registration
Statement, including those sold on the terms specifically described in the
prospectuses contained herein, or any variations therein, based on supplements,
endorsements, data pages, or riders to any certificate or prospectus, or
otherwise.

The Registrant hereby represents that it is relying on the November 28, 1988
no-action letter (Ref. No. IP-6-88) relating to variable annuity contracts
offered as funding vehicles for retirement plans meeting the requirements of
Section 423(b) of the Internal Revenue Code. Registrant further represents that
it will comply with the provisions of paragraphs (1)-(4) of that letter.

C-26
<PAGE>

SIGNATURES

As required by the Securities Act of 1933 and the Investment Company Act of
1940, the Registrant has caused this Registration Statement to be signed on its
behalf, in the City and State of New York, on this 1st day of March 1999.

SEPARATE ACCOUNT No. 45 OF
THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES
(Registrant)

By: The Equitable Life Assurance
Society of the United States
(Depositor)

By: /s/ Jerome S. Golden
---------------------
Jerome S. Golden
Executive Vice President
Product Management Group,
The Equitable Life
Assurance Society of the United
States

C-27
<PAGE>

SIGNATURES

As required by the Securities Act of 1933 and the Investment Company
Act of 1940, the Depositor has duly caused this Registration Statement to be
signed on its behalf, in the City and State of New York, on this 1st day of
March 1999.

THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES
(Depositor)

By: /s/ Jerome S. Golden
---------------------------------
Jerome S. Golden
Executive Vice President,
Product Management Group,
The Equitable Life Assurance
Society of the United States

As required by the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities and on the date
indicated:

PRINCIPAL EXECUTIVE OFFICERS:

Michael Hegarty President, Chief Operating Officer
and Director

Edward D. Miller Chairman of the Board, Chief
Executive Officer and Director

PRINCIPAL FINANCIAL OFFICER:

Stanley B. Tulin Vice Chairman of the Board
Chief Financial Officer and Director

PRINCIPAL ACCOUNTING OFFICER:

/s/ Alvin H. Fenichel Senior Vice President and Controller
- ------------------------
Alvin H. Fenichel

March 1, 1999

DIRECTORS:

Francoise Colloc'h Donald J. Greene George T. Lowy
Henri de Castries John T. Hartley Edward D. Miller
Joseph L. Dionne John H.F. Haskell, Jr. Didier Pineau-Valencienne
Denis Duverne Michael Hegarty George J. Sella, Jr
William T. Esrey Mary R. (Nina) Henderson Stanley B. Tulin
Jean-Rene Fourtou W. Edwin Jarmain Dave H. Williams
Norman C. Francis G. Donald Johnston, Jr.

By: /s/ Jerome S. Golden
------------------------
Jerome S. Golden
Attorney-in-Fact

March 1, 1999

C-28
<PAGE>
EXHIBIT INDEX

EXHIBIT NO. TAG VALUE
- ----------- ---------
4(k) Form of data pages No. 94ICA/B for EX-99.4k
Equitable Accumulator Select (IRA)
Certificates

4(l) Form of data pages No. 94ICA/B for EX-99.4l
Equitable Accumulator Select (NQ)
Certificates

4(m) Form of data pages No. 94ICA/B for EX-99.4m
Equitable Accumulator Select (QP)
Certificates

4(n) Form of data pages No. 94ICA/B for EX-99.4n
Equitable Accumulator Select (TSA)
Certificates

5(a) Form of Enrollment Form/Application EX-99.5a
No. 126737 (5/99) for Equitable
Accumulator Select (IRA, NQ, QP, and
TSA)

C-29

EQUITABLE ACCUMULATOR SELECT IRA ([TRADITIONAL] [ROTH])

DATA

PART A -- THIS PART LISTS YOUR PERSONAL DATA.
- ------

OWNER: JOHN DOE

ANNUITANT: JOHN DOE Age: 60 Sex: Male

CONTRACT: GROUP ANNUITY CONTRACT NO. AC 6727

CERTIFICATE NUMBER: 00000

ENDORSEMENTS ATTACHED: Minimum Income Benefit Endorsement
Endorsement Applicable to [Roth] IRA
Certificates
Endorsement Applicable to Market Value
Adjustment Terms
Rider to Endorsement Applicable to Market Value
Adjustment Terms

ISSUE DATE: May 1, 1999

CONTRACT DATE: May 1, 1999

ANNUITY COMMENCEMENT DATE: August 22, 2028

THE MAXIMUM MATURITY AGE IS AGE 90 -- SEE SECTION 7.03.
The Annuity Commencement Date may not be later than the Processing Date
which follows your 90th birthday.

[Applicable for Traditional IRAs - However, if you choose a date later
than age 70 1/2, distribution of at least the minimum payments required
must commence by April 1 of the calendar year following the calendar
year in which you attain age 70 1/2 (see item 2 of the Endorsement
Applicable to IRA Certificates).]

GUARANTEED BENEFITS: Combined Guaranteed Minimum Income Benefit and
Guaranteed Minimum Death Benefit - [5% Roll Up to Age 80]
[Annual Ratchet to Age 80]

BENEFICIARY: JANE DOE

No. 94ICA/B Data page 1 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART B -- THIS PART DESCRIBES CERTAIN PROVISIONS OF YOUR CERTIFICATE.
- ------

INITIAL CONTRIBUTION RECEIVED (SEE SECTION 3.02): $25,000.00

INVESTMENT OPTIONS AVAILABLE (SEE PART II); YOUR ALLOCATION IS ALSO SHOWN.

INVESTMENT OPTIONS ALLOCATION (SEE SECTION 3.01)
- ------------------ -----------------------------
o Alliance Aggressive Stock Fund $ 5,000.00
o Alliance Common Stock Fund
o Alliance Conservative Investors Fund
o Alliance Global Fund
o Alliance Growth & Income Fund
o Alliance Growth Investors Fund
o Alliance High Yield Fund
o Alliance Intermediate Government Securities Fund
o Alliance International Fund
o Alliance Money Market Fund[*] $ 5,000.00
o Alliance Small Cap Growth Fund
o BT Equity 500 Index Fund
o BT International Equity Index Fund
o BT Small Company Index Fund
o EQ/Evergreen Fund
o EQ/Evergreen Foundation Fund
o EQ/Putnam Balanced Fund
o EQ/Putnam Growth & Income Value Fund
o MFS Emerging Growth Companies Fund
o MFS Growth with Income Fund
o MFS Research Fund $ 5,000.00
o Merrill Lynch Basic Value Equity Fund
o Merrill Lynch World Strategy Fund $ 5,000.00
o Morgan Stanley Emerging Markets Equity Fund
o T. Rowe Price Equity Income Fund
o T. Rowe Price International Stock Fund
o Warburg Pincus Small Company Value Fund $ 5,000.00
o GUARANTEE PERIODS (CLASS I)
EXPIRATION DATE AND GUARANTEED RATE
February 15, 2000
February 15, 2001
February 15, 2002
February 15, 2003
February 15, 2004
February 15, 2005
February 15, 2006
February 15, 2007
February 15, 2008
February 15, 2009
------------------
TOTAL: $25,000.00
[*Under Special Dollar Cost Averaging]

Investment Options shown are Investment Funds of our Separate Account No. 45 and
Guarantee Periods shown are in the Guaranteed Period Account. See Endorsement
Applicable to Market Value Adjustment Terms.

No. 94ICA/B Data page 2 (5/99)

<PAGE>

DATA PAGES (CONT'D)

"TYPES" OF INVESTMENT OPTIONS (SEE SECTION 4.02): Not applicable

GUARANTEED INTEREST ACCOUNT (SEE SECTION 2.01): Not available under this
Certificate

BUSINESS DAY (SEE SECTION 1.05): A Business Day for this Certificate will mean
generally any day on which the New York Stock Exchange is open for trading.

PROCESSING DATES (SEE SECTION 1.20): A Processing Date is each Contract Date
anniversary.

AVAILABILITY OF INVESTMENT OPTIONS (SEE SECTION 2.04): (See Data pages, Part C;
Allocation Restrictions)

ALLOCATION OF CONTRIBUTIONS (SEE SECTION 3.01): [Except as indicated below,]
your initial and any subsequent Contributions are allocated according to your
instructions.

[Applicable if Principal Assurance is elected by the Contract Owner]
A portion of your initial Contribution is allocated by us to a Guarantee Period
you have selected. The remaining portion of your initial Contribution is
allocated to the Investment Funds according to your instructions. Any subsequent
Contributions will be allocated according to your instructions. (See Data pages,
Part C; Allocation Restrictions)

[Applicable if Special Dollar Cost Averaging is elected by the Contract Owner]
Special Dollar Cost Averaging - Your initial Contribution has been allocated by
us to the Alliance Money Market Fund. Amounts will be transferred monthly over a
twelve month period from the Alliance Money Market Fund to the other Investment
Funds based on the percentages you selected. Any subsequent Contribution will be
allocated according to your instructions.

CONTRIBUTION LIMITS (SEE SECTION 3.02):

[Applicable for Traditional IRAs - We will only accept initial Contributions of
at least $25,000 in the form of either a rollover Contribution or a direct
custodian-to-custodian transfer from other traditional individual retirement
arrangements. Subsequent Contributions may be made in an amount of at least
$1,000. Subsequent Contributions may be "regular" IRA Contributions (limited to
a maximum of $2,000 a year), rollover Contributions or direct transfers.
Rollover Contributions and direct transfers are not subject to the $2,000 annual
limit. "Regular" IRA Contributions may not be made for the taxable year in which
you attain age 70 1/2 and thereafter. Rollover and direct transfer Contributions
may be made at any time until you attain age 86. However, any amount contributed
after you attain age 70 1/2 must be net of your minimum distribution for the
year in which the rollover or direct transfer Contribution is made (see item 2
Annuity Commencement Date in Endorsement Applicable to IRA Certificates).]

[Applicable for Roth IRAs - We will only accept initial Contributions of at
least $25,000 in the form of either a rollover Contribution from Traditional
IRAs, or Roth IRAs, or direct custodian-to-custodian transfers from other Roth
IRAs. Subsequent Contributions may be made in an amount of at least $1,000. We
will not accept "regular" IRA Contributions to Roth IRAs. Rollover Contributions
and direct custodian-to-custodian transfers can be made any time during

No. 94ICA/B Data page 3 (5/99)

<PAGE>

DATA PAGES (CONT'D)

your lifetime provided you meet certain requirements (see item II. Limits on
Contributions in Endorsement Applicable to Roth IRA Certificates).]

We may refuse to accept any Contribution if the sum of all Contributions under
your Certificate would then total more than $1,500,000. We reserve the right to
limit aggregate Contributions made after the first Contract Year to 150% of
first year Contributions. We may also refuse to accept any Contribution if the
sum of all Contributions under all Equitable Life annuity accumulation
certificates/contracts that you own would then total more than $2,500,000.

TRANSFER RULES (SEE SECTION 4.02): Transfers among the Investment Options may be
made at any time during the Contract Year.

ALLOCATION OF WITHDRAWALS (SEE SECTION 5.01): Lump Sum Withdrawals - You must
provide withdrawal instructions indicating from which Investment Options the
Lump Sum Withdrawal will be taken; [Applicable for Traditional IRAs - Minimum
Distribution Withdrawals - Unless you specify otherwise, Minimum Distribution
Withdrawals will be withdrawn on a pro rata basis from your Annuity Account
Value in the Investment Funds. If there is insufficient value or no value in the
Investment Funds, any additional amount of the withdrawal required or the total
amount of the withdrawal, as applicable, will be withdrawn from the Guarantee
Periods in order of the earliest Expiration Date(s) first.]

WITHDRAWAL RESTRICTIONS (SEE SECTION 5.01): [Applicable for Traditional IRAs -
Minimum Distribution Withdrawals - May be elected in the year in which you
attain age 70 1/2 or at a later date. Minimum Distribution Withdrawals will be
made annually.]

MINIMUM WITHDRAWAL AMOUNT (SEE SECTION 5.01): Lump Sum Withdrawals minimum -
$1,000; [Applicable for Traditional IRAs - Minimum Distribution Withdrawals
minimum - $250.]

MINIMUM AMOUNT OF ANNUITY ACCOUNT VALUE AFTER A WITHDRAWAL (SEE SECTION 5.02):
Requests for a withdrawal must be for either (a) 90% or less of the Cash Value
or (b) 100% of the Cash Value (surrender of the Certificate).

We will NOT exercise our rights, described in Sections 5.02(b) and 5.02(c), to
terminate the Certificate.

DEATH BENEFIT AMOUNT (SEE SECTION 6.01):

The death benefit is equal to the Annuity Account Value or, if greater, the
Guaranteed Minimum Death Benefit defined below.

No. 94ICA/B Data page 4 (5/99)

<PAGE>

DATA PAGES (CONT'D)

Guaranteed Minimum Death Benefit

[Applicable for issue ages 20 through 79 if this benefit is elected by the
Contract Owner]
5% Roll Up to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is credited with interest at 5% (3% for amounts in the Alliance
Money Market and Alliance Intermediate Government Securities Funds and the
Guarantee Periods) on each Contract Date anniversary through your age 80 (or at
your death, if earlier), and 0% thereafter, and is adjusted for any subsequent
Contributions and withdrawals.

Your current Guaranteed Minimum Death Benefit will be reduced on a
dollar-for-dollar basis as long as the sum of your withdrawals in any Contract
Year is 5% or less of the beginning of Contract Year Guaranteed Minimum Death
Benefit. Once a withdrawal is made that causes cumulative withdrawals in a
Contract Year to exceed 5% of the beginning of Contract Year Guaranteed Minimum
Death Benefit, that withdrawal and any subsequent withdrawals in that Contract
Year will cause a pro rata reduction to occur.

[Applicable for issue ages 20 through 79 if this benefit is elected by the
Contract Owner]
Annual Ratchet to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is reset through your age 80, to the Annuity Account Value on a
Contract Date anniversary if higher than the current Guaranteed Minimum Death
Benefit, and is adjusted for any subsequent Contributions and withdrawals.

Each withdrawal will cause a reduction in your current Guaranteed Minimum Death
Benefit on a pro rata basis.

[Applicable for issue ages 80 through 85]
On the Contract Date, the Guaranteed Minimum Death Benefit is equal to the
initial Contribution. Thereafter, the initial Contribution is adjusted for any
subsequent Contributions and any withdrawals.

NORMAL FORM OF ANNUITY (SEE SECTION 7.04): Life Annuity 10 Year Period Certain

AMOUNT OF ANNUITY BENEFIT (SEE SECTION 7.05): The amount applied to provide the
Annuity Benefit will be (1) the Annuity Account Value for any life annuity form
or (2) the Cash Value for any period certain only annuity form except that if
the period certain is more than five years the amount applied will be no less
than 95% of the Annuity Account Value.

INTEREST RATE TO BE APPLIED IN ADJUSTING FOR MISSTATEMENT OF AGE OR SEX (SEE
SECTION 7.06): 6% per year

MINIMUM AMOUNT TO BE APPLIED TO AN ANNUITY (SEE SECTION 7.06): $2,000, as well
as minimum of $20 for initial monthly annuity payment.

No. 94ICA/B Data page 5 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED MINIMUM INCOME BENEFIT (SEE SECTION 7.08): You may apply your Annuity
Account Value during the period of time indicated below to purchase a minimum
amount of guaranteed lifetime income under our Income Manager (Life Annuity with
a Period Certain) payout annuity certificate. The Income Manager (Life Annuity
with a Period Certain) payout annuity certificate provides payments during a
period certain with payments continuing for life thereafter.

The period certain is based on your age at the time the Income Manager (Life
Annuity with a Period Certain) is elected. The period certain is 10 years for
ages 60 through 75; 9 years for age 76; 8 years for age 77; and 7 years for ages
78 through 83.

The Guaranteed Minimum Income Benefit is available only if it is exercised
within 30 days following the 7th or later Contract Date anniversary under this
Certificate. However, it may not be exercised earlier than your age 60, nor
later than age 83.

On the Transaction Date that you exercise your Guaranteed Minimum Income
Benefit, the lifetime income that will be provided under the Income Manager
(Life Annuity with a Period Certain) will be the greater of (i) your Guaranteed
Minimum Income Benefit, and (ii) the amount of income that would be provided by
application of your Annuity Account Value as of the Transaction Date at our then
current annuity purchase factors.

Guaranteed Minimum Income Benefit Benefit Base - The Guaranteed Minimum Income
Benefit benefit base is equal to the initial Contribution on the Contract Date.
Thereafter, the Guaranteed Minimum Income Benefit benefit base is credited with
interest at 5% (3% for amounts in the Alliance Money Market and Alliance
Intermediate Government Securities Funds and the Guarantee Periods) on each
Contract Date anniversary through your age 80, and 0% thereafter, and is
adjusted for any subsequent Contributions and withdrawals.

Your Guaranteed Minimum Income Benefit benefit base is applied to guaranteed
minimum annuity purchase factors to determine the Guaranteed Minimum Income
Benefit. The guaranteed minimum annuity purchase factors are based on (i)
interest at 2.5% and (ii) mortality tables that assume increasing longevity. See
the attached table.

Your Guaranteed Minimum Income Benefit benefit base does not create an Annuity
Account Value or a Cash Value and is used solely for purposes of calculating
your Guaranteed Minimum Income Benefit.

Your current Guaranteed Minimum Income Benefit benefit base will be reduced on a
dollar-for-dollar basis as long as the sum of your withdrawals in any Contract
Year is 5% or less of the beginning of Contract Year Guaranteed Minimum Death
Benefit (described above). Once a withdrawal is made that causes cumulative
withdrawals in a Contract Year to exceed 5% of the beginning of Contract Year
Guaranteed Minimum Death Benefit, that withdrawal and any subsequent withdrawals
in that Contract Year will cause a pro rata reduction to occur.

No. 94ICA/B Data page 6 (5/99)

<PAGE>

DATA PAGES (CONT'D)

WITHDRAWAL CHARGES (SEE SECTION 8.01): None

CHARGES DEDUCTED FROM ANNUITY ACCOUNT VALUE (SEE SECTION 8.02):

(a) Combined Guaranteed Minimum Income Benefit and Guaranteed Minimum Death
Benefit Charge: For providing the Combined Guaranteed Minimum Income
Benefit and Guaranteed Minimum Death Benefit we will deduct annually on
each Processing Date an amount equal to 0.30% of the Guaranteed Minimum
Income Benefit benefit base (described above) in effect on such
Processing Date. 0.30% is the maximum we will charge.

(b) Charges for State Premium and Other Applicable Taxes: A charge for
applicable taxes, such as state or local premium taxes generally will
be deducted from the amount applied to provide an Annuity Benefit under
Section 7.02. In certain states, however, we may deduct the charge from
Contributions rather than at the Annuity Commencement Date.

The above charges will be deducted from the Annuity Account Value in the
Investment Funds on a pro rata basis. If there is insufficient value in the
Investment Funds, all or a portion of the charges will be deducted from the
Annuity Account Value with respect to the Guarantee Periods in order of the
earliest Expiration Date(s) first.

NUMBER OF FREE TRANSFERS (SEE SECTION 8.03): Unlimited

DAILY SEPARATE ACCOUNT CHARGES (SEE SECTION 8.04):

Mortality and Expense Risks Charge:
Current and Maximum Annual rate of 1.10% (equivalent
to a daily rate of 0.003032%).

Administration Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000692%).
We reserve the right to increase
this charge to an annual rate
of 0.35%.

Distribution Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000695%).

No. 94ICA/B Data page 7 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART C -- THIS PART LISTS THE TERMS WHICH APPLY TO THE ENDORSEMENT APPLICABLE TO
- ------ MARKET VALUE ADJUSTMENT TERMS (MVA ENDORSEMENT).

ALLOCATION RESTRICTIONS (SEE SECTION 3.01): If you are age 76 or older,
allocations may be made only to Guarantee Periods with maturities of five years
or less; however, in no event may allocations be made to Guarantee Periods with
maturities beyond the February 15th immediately following the Annuity
Commencement Date.

MARKET VALUE ADJUSTMENT (MVA) ON TRANSFERS AND WITHDRAWALS (SEE ITEM 2 OF MVA
ENDORSEMENT): The MVA (positive or negative) resulting from a withdrawal or
transfer of a portion of the amount in a Guarantee Period will be a percentage
of the MVA that would be applicable upon a withdrawal of all of the Annuity
Account Value from a Guarantee Period. This percentage is determined by (i)
dividing the amount of the withdrawal or transfer from the Guarantee Period by
(ii) the Annuity Account Value in such Guarantee Period prior to the withdrawal
or transfer.

TRANSFER RULES (SEE SECTION 4.02): Transfers may not be made to a Guarantee
Period maturing in the current calendar year. Guarantee Periods to which
transfers may be made are limited based on your attained age (see Allocation
Restrictions above).

MVA FORMULA (SEE ITEM 3 OF MVA ENDORSEMENT): The Guaranteed Rate for new
allocations to a Guarantee Period is the rate we have in effect for this purpose
even if new allocations to that Guarantee Period would not be accepted at the
time. This rate will not be less than 3%.

The current rate percentage we use in item (c) of the formula is 0.00%. For
purposes of calculating the MVA only, we reserve the right to add up to 0.25% to
such current rate percentage.

SEPARATE ACCOUNT (SEE ITEM 5 OF MVA ENDORSEMENT): The portion of the assets of
Separate Account No. 46 equal to the reserves and other contract liabilities
will not be chargeable with liabilities which arise out of any other business we
conduct.

No. 94ICA/BMVA Data page 8 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED MINIMUM INCOME BENEFIT
TABLE OF GUARANTEED MINIMUM ANNUITY
PURCHASE FACTORS
FOR INITIAL LEVEL ANNUAL INCOME
SINGLE LIFE - MALE

ELECTION AGE PURCHASE FACTORS
------------ ----------------
60 5.07%
61 5.18
62 5.29
63 5.40
64 5.52
65 5.64
66 5.77
67 5.91
68 6.05
69 6.20
70 6.35
71 6.51
72 6.67
73 6.83
74 7.00
75 7.18
76 7.47
77 7.80
78 8.14
79 8.39
80 8.65
81 8.91
82 9.19
83 9.47

Interest Basis: 2.5% Non-participating

Mortality: 1983 Individual Annuity Mortality Table "a"
for Male projected with modified Scale G.

Factors required for annuity forms not shown in the above table will be
calculated by us on the same actuarial basis.

No. 94ICA/B Data page 9 (5/99)

EQUITABLE ACCUMULATOR SELECT (NQ)

DATA

PART A -- THIS PART LISTS YOUR PERSONAL DATA.
- ------

OWNER: JOHN DOE

ANNUITANT: JOHN DOE Age: 60 Sex: Male

CONTRACT: GROUP ANNUITY CONTRACT NO. AC 6725

CERTIFICATE NUMBER: 00000

ENDORSEMENTS ATTACHED: Minimum Income Benefit Endorsement
Endorsement Applicable to Non-Qualified
Certificates
Endorsement Applicable to Market Value
Adjustment Terms
Rider to Endorsement Applicable to Market Value
Adjustment Terms

ISSUE DATE: May 1, 1999

CONTRACT DATE: May 1, 1999

ANNUITY COMMENCEMENT DATE: August 22, 2028

THE MAXIMUM MATURITY AGE IS AGE 90 -- SEE SECTION 7.03.
The Annuity Commencement Date may not be later than the Processing Date
which follows the Annuitant's 90th birthday.

GUARANTEED BENEFITS: Combined Guaranteed Minimum Income Benefit and
Guaranteed Minimum Death Benefit - [5% Roll Up to Age 80]
[Annual Ratchet to Age 80]

BENEFICIARY: JANE DOE

No. 94ICA/B Data page 1 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART B -- THIS PART DESCRIBES CERTAIN PROVISIONS OF YOUR CERTIFICATE.
- ------

INITIAL CONTRIBUTION RECEIVED (SEE SECTION 3.02): $25,000.00

INVESTMENT OPTIONS AVAILABLE (SEE PART II); YOUR ALLOCATION IS ALSO SHOWN.

"TYPES" OF INVESTMENT OPTIONS (SEE SECTION 4.02): Not applicable

GUARANTEED INTEREST ACCOUNT (SEE SECTION 2.01): Not available under this
Certificate

No. 94ICA/B Data page 2 (5/99)

<PAGE>

DATA PAGES (CONT'D)

BUSINESS DAY (SEE SECTION 1.05): A Business Day for this Certificate will mean
generally any day on which the New York Stock Exchange is open for trading.

PROCESSING DATES (SEE SECTION 1.20): A Processing Date is each Contract Date
anniversary.

AVAILABILITY OF INVESTMENT OPTIONS (SEE SECTION 2.04): (See Data pages, Part C;
Allocation Restrictions)

ALLOCATION OF CONTRIBUTIONS (SEE SECTION 3.01): [Except as indicated below,]
your initial and any subsequent Contributions are allocated according to your
instructions.

CONTRIBUTION LIMITS (SEE SECTION 3.02): Initial Contribution minimum: $25,000.
Subsequent Contribution minimum: $1,000. Subsequent Contributions can be made at
any time up until the Annuitant attains age 86. We may refuse to accept any
Contribution if the sum of all Contributions under your Certificate would then
total more than $1,500,000. We reserve the right to limit aggregate
Contributions made after the first Contract Year to 150% of first year
Contributions. We may also refuse to accept any Contribution if the sum of all
Contributions under all Equitable Life annuity accumulation
certificates/contracts that you own would then total more than $2,500,000.

TRANSFER RULES (SEE SECTION 4.02): Transfers among the Investment Options may be
made at any time during the Contract Year.

ALLOCATION OF WITHDRAWALS (SEE SECTION 5.01): Lump Sum Withdrawals - You must
provide withdrawal instructions indicating from which Investment Options the
Lump Sum Withdrawal will be taken; Systematic Withdrawals - Unless you specify
otherwise, Systematic Withdrawals will be withdrawn on a pro rata basis from
your Annuity Account Value in the Investment Funds. If there is insufficient
value or no value in the Investment Funds, any additional amount required or the
total amount of the withdrawal, as applicable, will be withdrawn from the
Guarantee Periods in order of the earliest Expiration Date(s) first.

No. 94ICA/B Data page 3 (5/99)

<PAGE>

DATA PAGES (CONT'D)

WITHDRAWAL RESTRICTIONS (SEE SECTION 5.01): Systematic Withdrawals - May not
start sooner than 28 days after issue of this Certificate. You may elect to
receive Systematic Withdrawals on a monthly, quarterly or annual basis subject
to a maximum of 1.2% monthly, 3.6% quarterly and 15.0% annually of the Annuity
Account Value as of the Transaction Date.

MINIMUM WITHDRAWAL AMOUNT (SEE SECTION 5.01): Lump Sum Withdrawals minimum -
$1,000; Systematic Withdrawals minimum - $250.

We will NOT exercise our rights, described in Sections 5.02(b) and 5.02(c), to
terminate the Certificate.

DEATH BENEFIT AMOUNT (SEE SECTION 6.01):

The death benefit is equal to the Annuity Account Value or, if greater, the
Guaranteed Minimum Death Benefit defined below.

Guaranteed Minimum Death Benefit

[Applicable for issue ages 20 through 79 if this benefit is elected by the
Contract Owner]
5% Roll Up to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is credited with interest at 5% (3% for amounts in the Alliance
Money Market and Alliance Intermediate Government Securities Funds and the
Guarantee Periods) on each Contract Date anniversary through the Annuitant's age
80 (or at the Annuitant's death, if earlier), and 0% thereafter, and is adjusted
for any subsequent Contributions and withdrawals.

[Applicable for issue ages 20 through 79 if this benefit is elected by the
Contract Owner]
Annual Ratchet to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is reset through the Annuitant's age 80, to the Annuity Account
Value on a Contract Date anniversary if higher than the current Guaranteed
Minimum Death Benefit, and is adjusted for any subsequent Contributions and
withdrawals.

Each withdrawal will cause a reduction in your current Guaranteed Minimum Death
Benefit on a pro rata basis.

No. 94ICA/B Data page 4 (5/99)

<PAGE>

DATA PAGES (CONT'D)

NORMAL FORM OF ANNUITY (SEE SECTION 7.04): Life Annuity 10 Year Period Certain

INTEREST RATE TO BE APPLIED IN ADJUSTING FOR MISSTATEMENT OF AGE OR SEX (SEE
SECTION 7.06): 6% per year

MINIMUM AMOUNT TO BE APPLIED TO AN ANNUITY (SEE SECTION 7.06): $2,000, as well
as minimum of $20 for initial monthly annuity payment.

The period certain is based on the Annuitant's age at the time the Income
Manager (Life Annuity with a Period Certain) is elected. The period certain is
10 years for Annuitant ages 60 through 80; 9 years for Annuitant age 81; 8 years
for Annuitant age 82; and 7 years for Annuitant age 83.

Guaranteed Minimum Income Benefit Benefit Base - The Guaranteed Minimum Income
Benefit benefit base is equal to the initial Contribution on the Contract Date.
Thereafter, the Guaranteed Minimum Income Benefit benefit base is credited with
interest at 5% (3% for amounts in the Alliance Money Market and Alliance
Intermediate Government Securities Funds and the Guarantee Periods) on each
Contract Date anniversary through the Annuitant's age 80, and 0% thereafter, and
is adjusted for any subsequent Contributions and withdrawals.

No. 94ICA/B Data page 5 (5/99)

<PAGE>

DATA PAGES (CONT'D)

Your Guaranteed Minimum Income Benefit benefit base does not create an Annuity
Account Value or a Cash Value and is used solely for purposes of calculating
your Guaranteed Minimum Income Benefit.

WITHDRAWAL CHARGES (SEE SECTION 8.01): None.

CHARGES DEDUCTED FROM ANNUITY ACCOUNT VALUE (SEE SECTION 8.02):

NUMBER OF FREE TRANSFERS (SEE SECTION 8.03): Unlimited

DAILY SEPARATE ACCOUNT CHARGES (SEE SECTION 8.04):

Mortality and Expense Risks Charge:
Current and Maximum Annual rate of 1.10% (equivalent
to a daily rate of 0.003032%).

No. 94ICA/B Data page 6 (5/99)

<PAGE>

DATA PAGES (CONT'D)

Administration Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000692%).
We reserve the right to increase
this charge to an annual rate
of 0.35%.

Distribution Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000695%).

No. 94ICA/B Data page 7 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART C -- THIS PART LISTS THE TERMS WHICH APPLY TO THE ENDORSEMENT APPLICABLE TO
- ------ MARKET VALUE ADJUSTMENT TERMS (MVA ENDORSEMENT).

ALLOCATION RESTRICTIONS (SEE SECTION 3.01): If the Annuitant is age 76 or older,
allocations may be made only to Guarantee Periods with maturities of five years
or less; however, in no event may allocations be made to Guarantee Periods with
maturities beyond the February 15th immediately following the Annuity
Commencement Date.

TRANSFERS AT EXPIRATION DATE (SEE ITEM 1 OF MVA ENDORSEMENT): If no election is
made with respect to amounts in the Guaranteed Period Account as of the
Expiration Date, such amounts will be transferred into the Guarantee Period with
the earliest Expiration Date.

MARKET VALUE ADJUSTMENT (MVA) ON TRANSFERS AND WITHDRAWALS (SEE ITEM 2 OF MVA
ENDORSEMENT): The MVA (positive or negative) resulting from a withdrawal or
transfer of a portion of the amount in a Guarantee Period will be a percentage
of the MVA that would be applicable upon a withdrawal of all the Annuity Account
Value from a Guarantee Period. This percentage is determined by (i) dividing the
amount of the withdrawal or transfer from the Guarantee Period by (ii) the
Annuity Account Value in such Guarantee Period prior to the withdrawal or
transfer.

TRANSFER RULES (SEE SECTION 4.02): Transfers may not be made to a Guarantee
Period maturing in the current calendar year. Guarantee Periods to which
transfers may be made are limited based on the attained age of the Annuitant
(see Allocation Restrictions above).

The current rate percentage we use in item (c) of the formula is 0.00%. For
purposes of calculating the MVA only, we reserve the right to add up to 0.25% to
such current rate percentage.

No. 94ICA/BMVA Data page 8 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED MINIMUM INCOME BENEFIT
TABLE OF GUARANTEED MINIMUM ANNUITY
PURCHASE FACTORS
FOR INITIAL LEVEL ANNUAL INCOME
SINGLE LIFE - MALE

ELECTION AGE PURCHASE FACTORS
------------ ----------------
60 5.07%
61 5.18
62 5.29
63 5.40
64 5.52
65 5.64
66 5.77
67 5.91
68 6.05
69 6.20
70 6.35
71 6.51
72 6.67
73 6.83
74 7.00
75 7.18
76 7.36
77 7.55
78 7.74
79 7.93
80 8.13
81 8.53
82 8.98
83 9.47

Interest Basis: 2.5% Non-participating

Mortality: 1983 Individual Annuity Mortality Table "a"
for Male projected with modified Scale G.

Factors required for annuity forms not shown in the above table will be
calculated by us on the same actuarial basis.

No. 94ICA/B Data page 9 (5/99)

EQUITABLE ACCUMULATOR SELECT (QP - [DEFINED BENEFIT] [DEFINED CONTRIBUTION])

DATA

PART A -- THIS PART LISTS YOUR PERSONAL DATA.
- ------

OWNER: RICHARD ROE AS TRUSTEE FOR THE XYZ QUALIFIED PLAN

ANNUITANT: JOHN DOE Age: 60 Sex: Male

CONTRACT: GROUP ANNUITY CONTRACT NO. AC 6725

CERTIFICATE NUMBER: 00000

ENDORSEMENTS ATTACHED: Minimum Income Benefit Endorsement
Endorsement Applicable to [Defined Benefit]
Qualified Plan Certificates
Endorsement Applicable to Market Value
Adjustment Terms
Rider to Endorsement Applicable to Market Value
Adjustment Terms

ISSUE DATE: May 1, 1999

CONTRACT DATE: May 1, 1999

ANNUITY COMMENCEMENT DATE: August 22, 2028

THE MAXIMUM MATURITY AGE IS AGE 90 -- SEE SECTION 7.03.
The Annuity Commencement Date may not be later than the Processing Date
which follows the Annuitant's 90th birthday.

[Applicable for QP-Defined Contribution - However, any distribution
option under this Certificate must meet any minimum distribution
requirements under Section 401(a)(9) of the Code which apply after the
"Required Beginning Date" which is April 1st following the calendar
year which is generally the later of the year in which the Annuitant
(i) attains age 70 1/2 or (ii) retires from service of the employer
sponsoring the Plan.]

GUARANTEED BENEFITS: Combined Guaranteed Minimum Income Benefit and
Guaranteed Minimum Death Benefit - [5% Roll Up to Age 80]
[Annual Ratchet to Age 80]

BENEFICIARY: JANE DOE

No. 94ICA/B Data page 1 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART B -- THIS PART DESCRIBES CERTAIN PROVISIONS OF YOUR CERTIFICATE.
- ------

INITIAL CONTRIBUTION RECEIVED (SEE SECTION 3.02): $25,000.00

INVESTMENT OPTIONS AVAILABLE (SEE PART II); YOUR ALLOCATION IS ALSO SHOWN.

"TYPES" OF INVESTMENT OPTIONS (SEE SECTION 4.02): Not applicable

No. 94ICA/B Data page 2 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED INTEREST ACCOUNT (SEE SECTION 2.01): Not available under this
Certificate

BUSINESS DAY (SEE SECTION 1.05): A Business Day for this Certificate will mean
generally any day on which the New York Stock Exchange is open for trading.

PROCESSING DATES (SEE SECTION 1.20): A Processing Date is each Contract Date
anniversary.

AVAILABILITY OF INVESTMENT OPTIONS (SEE SECTION 2.04): (See Data pages, Part C;
Allocation Restrictions)

ALLOCATION OF CONTRIBUTIONS (SEE SECTION 3.01): [Except as indicated below,]
your initial and any subsequent Contributions are allocated according to your
instructions.

CONTRIBUTION LIMITS (SEE SECTION 3.02): [Applicable for QP-Defined Benefit - We
will only accept transfers from a defined benefit plan or a change of investment
vehicles in the plan.] Initial Contribution minimum: $25,000. Subsequent
Contribution minimum: $1,000. Subsequent Contributions can be made at any time
up until the Annuitant attains age 71. We may refuse to accept any Contribution
if the sum of all Contributions under this Certificate would then total more
than $1,500,000. We reserve the right to limit aggregate Contributions made
after the first Contract Year to 150% of first year Contributions. We may also
refuse to accept any Contribution if the sum of all Contributions under all
Equitable Life annuity accumulation certificates/contracts with the same
Annuitant would then total more than $2,500,000.

TRANSFER RULES (SEE SECTION 4.02): Transfers among the Investment Options may be
made at any time during the Contract Year.

ALLOCATION OF WITHDRAWALS (SEE SECTION 5.01): Lump Sum Withdrawals - You must
provide withdrawal instructions indicating from which Investment Options the
Lump Sum Withdrawal and any withdrawal charge will be taken; Systematic
Withdrawals - Unless you specify otherwise, Systematic Withdrawals will be
withdrawn on a pro rata basis from your Annuity Account Value in the Investment
Funds. If there is insufficient value or no value in the Investment Funds, any
additional amount required or the total amount of the withdrawal, as

No. 94ICA/B Data page 3 (5/99)

<PAGE>

DATA PAGES (CONT'D)

applicable, will be withdrawn from the Guarantee Periods in order of the
earliest Expiration Date(s) first.

MINIMUM WITHDRAWAL AMOUNT (SEE SECTION 5.01): Lump Sum Withdrawals minimum -
$1,000; Systematic Withdrawals minimum - $250.

We will NOT exercise our rights, described in Sections 5.02(b) and 5.02(c), to
terminate the Certificate.

DEATH BENEFIT AMOUNT (SEE SECTION 6.01):

The death benefit is equal to the Annuity Account Value or, if greater, the
Guaranteed Minimum Death Benefit defined below.

Guaranteed Minimum Death Benefit

[Applicable if this benefit is elected by the Contract Owner]
5% Roll Up to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is credited with interest at 5% (3% for amounts in the Alliance
Money Market and Alliance Intermediate Government Securities Funds and the
Guarantee Periods) on each Contract Date anniversary through the Annuitant's age
80 (or at the Annuitant's death, if earlier), and 0% thereafter, and is adjusted
for any subsequent Contributions and withdrawals.

The current Guaranteed Minimum Death Benefit will be reduced on a
dollar-for-dollar basis as long as the sum of the withdrawals in any Contract
Year is 5% or less of the beginning of Contract Year Guaranteed Minimum Death
Benefit. Once a withdrawal is made that causes cumulative withdrawals in a
Contract Year to exceed 5% of the beginning of Contract Year Guaranteed Minimum
Death Benefit, that withdrawal and any subsequent withdrawals in that Contract
Year will cause a pro rata reduction to occur.

No. 94ICA/B Data page 4 (5/99)

<PAGE>

DATA PAGES (CONT'D)

[Applicable if this benefit is elected by the Contract Owner]
Annual Ratchet to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is reset through the Annuitant's age 80, to the Annuity Account
Value on a Contract Date anniversary if higher than the current Guaranteed
Minimum Death Benefit, and is adjusted for any subsequent Contributions and
withdrawals.

Each withdrawal will cause a reduction in your current Guaranteed Minimum Death
Benefit on a pro rata basis.

NORMAL FORM OF ANNUITY (SEE SECTION 7.04): Life Annuity 10 Year Period Certain
or Joint and Survivor Life Annuity 10 Year Period Certain

AMOUNT OF ANNUITY BENEFIT (SEE SECTION 7.05): The amount applied to provide the
Annuity Benefit will be the Annuity Account Value.

INTEREST RATE TO BE APPLIED IN ADJUSTING FOR MISSTATEMENT OF AGE OR SEX (SEE
SECTION 7.06): 6% per year

MINIMUM AMOUNT TO BE APPLIED TO AN ANNUITY (SEE SECTION 7.06): $2,000, as well
as minimum of $20 for initial monthly annuity payment.

GUARANTEED MINIMUM INCOME BENEFIT (SEE SECTION 7.08): If the Annuitant has
converted the Certificate to a traditional IRA certificate, the Annuitant may
apply the Annuity Account Value from such IRA certificate during the period of
time indicated below to purchase a minimum amount of guaranteed lifetime income
under our Income Manager (Life Annuity with a Period Certain) payout annuity
certificate. The Income Manager (Life Annuity with a Period Certain) payout
annuity certificate provides payments during a period certain with payments
continuing for life thereafter. The following paragraphs describe the conditions
for exercise of the Guaranteed Minimum Income Benefit under the IRA certificate.

The period certain is based on the Annuitant's age at the time the Income
Manager (Life Annuity with a Period Certain) is elected. The period certain is
10 years for Annuitant ages 60 through 75; 9 years for Annuitant age 76; 8 years
for Annuitant age 77; and 7 years for Annuitant ages 78 through 83.

No. 94ICA/B Data page 5 (5/99)

<PAGE>

DATA PAGES (CONT'D)

On the Transaction Date that the Annuitant exercises the Guaranteed Minimum
Income Benefit under the IRA certificate, the lifetime income that will be
provided under the Income Manager (Life Annuity with a Period Certain) will be
the greater of (i) the Guaranteed Minimum Income Benefit, and (ii) the amount of
income that would be provided by application of the Annuity Account Value under
the IRA certificate as of the Transaction Date at our then current annuity
purchase factors.

Guaranteed Minimum Income Benefit Benefit Base - The Guaranteed Minimum Income
Benefit benefit base is equal to the initial Contribution on the Contract Date.
Thereafter, the Guaranteed Minimum Income Benefit benefit base is credited with
interest at 5% (3% for amounts in the Alliance Money Market and Alliance
Intermediate Government Securities Funds and Guarantee Periods) on each Contract
Date anniversary through the Annuitant's age 80, and 0% thereafter, and is
adjusted for any subsequent Contributions and withdrawals. The Guaranteed
Minimum Income Benefit benefit base will also be reduced by any withdrawal
charge remaining on the Transaction Date that the Annuitant exercises the
Guaranteed Minimum Income Benefit.

The Guaranteed Minimum Income Benefit benefit base is applied to guaranteed
minimum annuity purchase factors to determine the Guaranteed Minimum Income
Benefit. The guaranteed minimum annuity purchase factors are based on (i)
interest at 2.5% and (ii) mortality tables that assume increasing longevity. See
the attached table.

The Guaranteed Minimum Income Benefit benefit base does not create an Annuity
Account Value or a Cash Value and is used solely for purposes of calculating the
Guaranteed Minimum Income Benefit.

The current Guaranteed Minimum Income Benefit benefit base will be reduced on a
dollar-for-dollar basis as long as the sum of the withdrawals in any Contract
Year is 5% or less of the beginning of Contract Year Guaranteed Minimum Death
Benefit (described above). Once a withdrawal is made that causes cumulative
withdrawals in a Contract Year to exceed 5% of the beginning of Contract Year
Guaranteed Minimum Death Benefit, that withdrawal and any subsequent withdrawals
in that Contract Year will cause a pro rata reduction to occur.

WITHDRAWAL CHARGES (SEE SECTION 8.01): None.

CHARGES DEDUCTED FROM ANNUITY ACCOUNT VALUE (SEE SECTION 8.02):

No. 94ICA/B Data page 6 (5/99)

<PAGE>

DATA PAGES (CONT'D)

NUMBER OF FREE TRANSFERS (SEE SECTION 8.03): Unlimited

DAILY SEPARATE ACCOUNT CHARGES (SEE SECTION 8.04):

Mortality and Expense Risks Charge:
Current and Maximum Annual rate of 1.10% (equivalent
to a daily rate of 0.003032%).

Administration Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000692%).
We reserve the right to increase
this charge to an annual rate
of 0.35%.

Distribution Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000695%).

No. 94ICA/B Data page 7 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART C -- THIS PART LISTS THE TERMS WHICH APPLY TO THE ENDORSEMENT APPLICABLE TO
- ------ MARKET VALUE ADJUSTMENT TERMS (MVA ENDORSEMENT).

MARKET VALUE ADJUSTMENT (MVA) ON TRANSFERS AND WITHDRAWALS (SEE ITEM 2 OF MVA
ENDORSEMENT): The MVA (positive or negative) resulting from a withdrawal or
transfer of a portion of the amount in a Guarantee Period will be a percentage
of the MVA that would be applicable upon a withdrawal of all the Annuity Account
Value from a Guarantee Period. This percentage is determined by (i) dividing the
amount of the withdrawal or transfer from the Guarantee Period by (ii) the
Annuity Account Value in such Guarantee Period prior to the withdrawal or
transfer.

TRANSFER RULES (SEE SECTION 4.02): Transfers may not be made to a Guarantee
Period maturing in the current calendar year. Guarantee Periods to which
transfers may be made are limited based on the attained age of the Annuitant
(see Allocation Restrictions above).

The current rate percentage we use in item (c) of the formula is 0.00%. For
purposes of calculating the MVA only, we reserve the right to add up to 0.25% to
such current rate percentage.

No. 94ICA/BMVA Data page 8 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED MINIMUM INCOME BENEFIT
TABLE OF GUARANTEED MINIMUM ANNUITY
PURCHASE FACTORS FOR A TRADITIONAL IRA CERTIFICATE
FOR INITIAL LEVEL ANNUAL INCOME
SINGLE LIFE - MALE

Interest Basis: 2.5% Non-participating

Mortality: 1983 Individual Annuity Mortality Table "a"
for Male projected with modified Scale G.

Factors required for annuity forms not shown in the above table will be
calculated by us on the same actuarial basis.

No. 94ICA/B Data page 9 (5/99)

EQUITABLE ACCUMULATOR SELECT TSA

DATA

PART A -- THIS PART LISTS YOUR PERSONAL DATA.
- ------

OWNER: JOHN DOE

ANNUITANT: JOHN DOE Age: 60 Sex: Male

CONTRACT: GROUP ANNUITY CONTRACT NO. AC 6725

CERTIFICATE NUMBER: 00000

ENDORSEMENTS ATTACHED: Minimum Income Benefit Endorsement
Endorsement Applicable to TSA Certificates
Endorsement Applicable to Market Value
Adjustment Terms
Rider to Endorsement Applicable to Market Value
Adjustment Terms

ISSUE DATE: May 1, 1999

CONTRACT DATE: May 1, 1999

ANNUITY COMMENCEMENT DATE: August 22, 2028

THE MAXIMUM MATURITY AGE IS AGE 90 -- SEE SECTION 7.03.
The Annuity Commencement Date may not be later than the Processing Date
which follows the Annuitant's 90th birthday.

However, if you choose a date later than age 70 1/2, distribution of at
least the minimum payments required must commence by April 1 of the
calendar year following the calendar year in which you attain age 70
1/2 except as otherwise indicated in item 8 of the Endorsement
Applicable to TSA Certificates.

GUARANTEED BENEFITS: Combined Guaranteed Minimum Income Benefit and
Guaranteed Minimum Death Benefit - [5% Roll Up to Age 80]
[Annual Ratchet to Age 80]

BENEFICIARY: JANE DOE

No. 94ICB-TSA1 Data page 1 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART B - -THIS PART DESCRIBES CERTAIN PROVISIONS OF YOUR CERTIFICATE.
- ------

INITIAL CONTRIBUTION RECEIVED (SEE SECTION 3.02): $25,000.00

INVESTMENT OPTIONS AVAILABLE (SEE PART II); YOUR ALLOCATION IS ALSO SHOWN.

INVESTMENT OPTIONS ALLOCATION (SEE SECTION 3.01)
- ------------------ -----------------------------
o Alliance Aggressive Stock Fund $ 5,000.00
o Alliance Common Stock Fund
o Alliance Conservative Investors Fund
o Alliance Global Fund
o Alliance Growth & Income Fund
o Alliance Growth Investors Fund
o Alliance High Yield Fund
o Alliance Intermediate Government Securities Fund
o Alliance International Fund
o Alliance Money Market Fund[*] $ 5,000.00
o Alliance Small Cap Growth Fund
o BT Equity 500 Index Fund
o BT International Equity Index Fund
o BT Small Company Index Fund
o EQ/Evergreen Fund
o EQ/Evergreen Foundation Fund
o EQ/Putnam Balanced Fund
o EQ/Putnam Growth & Income Value Fund
o MFS Emerging Growth Companies Fund
o MFS Growth with Income Fund
o MFS Research Fund $ 5,000.00
o Merrill Lynch Basic Value Equity Fund
o Merrill Lynch World Strategy Fund $ 5,000.00
o Morgan Stanley Emerging Markets Equity Fund
o T. Rowe Price Equity Income Fund
o T. Rowe Price International Stock Fund
o Warburg Pincus Small Company Value Fund $ 5,000.00
o GUARANTEE PERIODS (CLASS I)
EXPIRATION DATE AND GUARANTEED RATE
February 15, 2000
February 15, 2001
February 15, 2002
February 15, 2003
February 15, 2004
February 15, 2005
February 15, 2006
February 15, 2007
February 15, 2008
February 15, 2009
-------------------
TOTAL: $25,000.00
[*Under Special Dollar Cost Averaging]

"TYPES" OF INVESTMENT OPTIONS (SEE SECTION 4.02): Not applicable

No. 94ICB-TSA1 Data page 2 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED INTEREST ACCOUNT (SEE SECTION 2.01): Not available under this
Certificate

ANNUITY ACCOUNT VALUE (SEE SECTION 1.02): If a loan is outstanding, Annuity
Account Value means the sum of the amounts in the Investment Options, plus any
amount in the Loan Reserve Account.

BUSINESS DAY (SEE SECTION 1.05): A Business Day for this Certificate will mean
generally any day on which the New York Stock Exchange is open for trading.

PROCESSING DATES (SEE SECTION 1.20): A Processing Date is each Contract Date
anniversary.

AVAILABILITY OF INVESTMENT OPTIONS (SEE SECTION 2.04): (See Data pages, Part C;
Allocation Restrictions)

ALLOCATION OF CONTRIBUTIONS (SEE SECTION 3.01): [Except as indicated below,]
your initial and any subsequent Contributions are allocated according to your
instructions.

CONTRIBUTION LIMITS (SEE SECTION 3.02): The only Contributions we will accept
are rollover and direct transfer Contributions described in the second sentence
of item 5 in the Endorsement Applicable to TSA Certificates. We will not accept
Contributions from employers. The second paragraph of item 5 in the Endorsement
does not apply. Your initial Contribution must be at least $25,000. Subsequent
rollover or direct transfer Contributions may be made in an amount of at least
$1,000. Rollover and direct transfer Contributions may be made at any time until
you attain age 86. However, any amount contributed after you attain age 70 1/2
must be net of your required minimum distribution for the year in which the
rollover or direct transfer Contribution is made (see item 8 Required Minimum
Distributions in Endorsement Applicable to TSA Certificates). We may refuse to
accept any Contribution if the sum of all Contributions under all accumulation
Certificates with the same Annuitant would then total more than $1,500,000. We
reserve the right to limit aggregate Contributions made after the first Contract
Year to 150% of first year Contributions. We may also refuse to accept any
Contribution if the sum of all Contributions under all Equitable annuity
accumulation certificates/contracts that you own would then total more than
$2,500,000.

No. 94ICB-TSA1 Data page 3 (5/99)

<PAGE>

DATA PAGES (CONT'D)

TRANSFER RULES (SEE SECTION 4.02): Transfers among the Investment Options may be
made at any time during the Contract Year.

ALLOCATION OF WITHDRAWALS (SEE SECTION 5.01): Lump Sum Withdrawals - You must
provide withdrawal instructions indicating from which Investment Options the
Lump Sum Withdrawal will be taken; Minimum Distribution Withdrawals - Unless you
specify otherwise, Minimum Distribution Withdrawals will be withdrawn on a pro
rata basis from your Annuity Account Value in the Investment Funds. If there is
insufficient value or no value in the Investment Funds, any additional amount of
the withdrawal required or the total amount of the withdrawal, as applicable,
will be withdrawn from the Guarantee Periods in order of the earliest Expiration
Date(s) first.

MINIMUM WITHDRAWAL AMOUNT (SEE SECTION 5.01): Lump Sum Withdrawals minimum -
$1,000; Minimum Distribution Withdrawals minimum - $250.

If there is a loan outstanding, the amount withdrawn will be limited such that
the Cash Value remaining after a withdrawal is equal to at least 10% of the
outstanding loan amount.

We will NOT exercise our rights, described in Sections 5.02(b) and 5.02(c), to
terminate the Certificate.

DEATH BENEFIT AMOUNT (SEE SECTION 6.01):

The death benefit is equal to the Annuity Account Value or, if greater, the
Guaranteed Minimum Death Benefit defined below. The death benefit will be
reduced by any outstanding loan balance.

Guaranteed Minimum Death Benefit

[Applicable for issue ages 20 through 79 if this benefit is elected by the
Contract Owner]
5% Roll Up to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is credited with interest at 5% (3% for amounts in the Alliance
Money Market and Alliance Intermediate Government Securities Funds, the
Guarantee Periods, and the Loan Reserve Account) on each Contract Date
anniversary through the Annuitant's age 80 (or at the Annuitant's death, if
earlier), and 0% thereafter, and is adjusted for any loan repayments, subsequent
Contributions, and withdrawals.

No. 94ICB-TSA1 Data page 4 (5/99)

<PAGE>

DATA PAGES (CONT'D)

Guaranteed Minimum Death Benefit, that withdrawal and any subsequent withdrawals
in that Contract Year will cause a pro rata reduction to occur.

[Applicable for issue ages 20 through 79 if this benefit is elected by the
Contract Owner]
Annual Ratchet to Age 80 - On the Contract Date, the Guaranteed Minimum Death
Benefit is equal to the initial Contribution. Thereafter, the Guaranteed Minimum
Death Benefit is reset through the Annuitant's age 80, to the Annuity Account
Value on a Contract Date anniversary if higher than the current Guaranteed
Minimum Death Benefit, and is adjusted for any subsequent Contributions and
withdrawals.

Each withdrawal will cause a reduction in the current Guaranteed Minimum Death
Benefit on a pro rata basis.

NORMAL FORM OF ANNUITY (SEE SECTION 7.04): Life Annuity 10 Year Period Certain
or Joint and Survivor Life Annuity 10 Year Period Certain

INTEREST RATE TO BE APPLIED IN ADJUSTING FOR MISSTATEMENT OF AGE OR SEX (SEE
SECTION 7.06): 6% per year

MINIMUM AMOUNT TO BE APPLIED TO AN ANNUITY (SEE SECTION 7.06): $2,000, as well
as minimum of $20 for initial monthly annuity payment.

GUARANTEED MINIMUM INCOME BENEFIT (SEE SECTION 7.08): If you have converted the
Certificate to a Traditional IRA certificate, you may apply your Annuity Account
Value during the period of time indicated below to purchase a minimum amount of
guaranteed lifetime income under our Income Manager (Life Annuity with a Period
Certain) payout annuity certificate. The Income Manager (Life Annuity with a
Period Certain) payout annuity certificate provides payments during a period
certain with payments continuing for life thereafter. The following paragraphs
describe the conditions for exercise of the Guaranteed Minimum Income Benefit
under the Traditional IRA certificate.

No. 94ICB-TSA1 Data page 5 (5/99)

<PAGE>

DATA PAGES (CONT'D)

On the Transaction Date that you exercise your Guaranteed Minimum Income
Benefit, the lifetime income that will be provided under Income Manager (Life
Annuity with a Period Certain) will be the greater of (i) your Guaranteed
Minimum Income Benefit, and (ii) the amount of income that would be provided by
application of your Annuity Account Value as of the Transaction Date at our then
current annuity purchase factors.

Guaranteed Minimum Income Benefit Benefit Base - The Guaranteed Minimum Income
Benefit benefit base is equal to the initial Contribution on the Contract Date.
Thereafter, the Guaranteed Minimum Income Benefit benefit base is credited with
interest at 5% (3% for amounts in the Alliance Money Market and Alliance
Intermediate Government Securities Funds, the Guarantee Periods, and the Loan
Reserve Account) on each Contract Date anniversary through your age 80, and 0%
thereafter, and is adjusted for any loan repayments, subsequent Contributions,
and withdrawals.

Your Guaranteed Minimum Income Benefit benefit base does not create an Annuity
Account Value or a Cash Value and is used solely for purposes of calculating
your Guaranteed Minimum Income Benefit.

WITHDRAWAL CHARGES (SEE SECTION 8.01): None.

CHARGES DEDUCTED FROM ANNUITY ACCOUNT VALUE (SEE SECTION 8.02):

(a) Combined Guaranteed Minimum Income Benefit and Guaranteed
Minimum Death Benefit Charge: For providing the Combined
Guaranteed Minimum Income Benefit and Guaranteed Minimum Death
Benefit we will deduct annually on each Processing Date an
amount equal to 0.30% of the Guaranteed Minimum Income Benefit
benefit base (described above) in effect on such Processing
Date. 0.30% is the maximum we will charge.

No. 94ICB-TSA1 Data page 6 (5/99)

<PAGE>

DATA PAGES (CONT'D)

(b) Charges for State Premium and Other Applicable Taxes: A charge
for applicable taxes, such as state or local premium taxes
generally will be deducted from the amount applied to provide
an Annuity Benefit under Section 7.02. In certain states,
however, we may deduct the charge from Contributions rather
than at the Annuity Commencement Date.

NUMBER OF FREE TRANSFERS (SEE SECTION 8.03): Unlimited

DAILY SEPARATE ACCOUNT CHARGES (SEE SECTION 8.04):

Mortality and Expense Risks Charge:
Current and Maximum Annual rate of 1.10% (equivalent
to a daily rate of 0.003032%).

Administration Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000692%).
We reserve the right to increase
this charge to an annual rate
of 0.35%.

Distribution Charge:
Current and Maximum Annual rate of 0.25% (equivalent
to a daily rate of 0.000695%).

No. 94ICB-TSA1 Data page 7 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART C -- THIS PART LISTS THE TERMS WHICH APPLY TO THE ENDORSEMENT APPLICABLE TO
- ------ MARKET VALUE ADJUSTMENT TERMS (MVA ENDORSEMENT).

MARKET VALUE ADJUSTMENT (MVA) ON TRANSFERS AND WITHDRAWALS (SEE ITEM 2 OF MVA
ENDORSEMENT): The MVA (positive or negative) resulting from a withdrawal or
transfer of a portion of the amount in a Guarantee Period will be a percentage
of the MVA that would be applicable upon a withdrawal of all the Annuity Account
Value from a Guarantee Period. This percentage is determined by (i) dividing the
amount of the withdrawal or transfer from the Guarantee Period by (ii) the
Annuity Account Value in such Guarantee Period prior to the withdrawal or
transfer.

The current rate percentage we use in item (c) of the formula is 0.00%. For
purposes of calculating the MVA only, we reserve the right to add up to 0.25% to
such current rate percentage.

No. 94ICBMVA-TSA1 Data page 8 (5/99)

<PAGE>

DATA PAGES (CONT'D)

PART D -- THIS PART LISTS THE TERMS WHICH APPLY TO THE ENDORSEMENT APPLICABLE TO
- ------ TSA CERTIFICATES (TSA ENDORSEMENT).

LOAN RESERVE ACCOUNT (SEE ITEM 10(D) OF TSA ENDORSEMENT): On the Loan Effective
Date, we will transfer to the Loan Reserve Account only an amount equal to the
amount of the loan (instead of 110% of such amount, as described in the TSA
Endorsement).

DEFAULT (SEE ITEM 10(G) OF TSA ENDORSEMENT): By each repayment date, if the
amount of the loan payment is less than the amount due or the loan payment is
not received at our Processing Office, pursuant to our rights described in the
TSA Endorsement, we will treat the amount of the unpaid balance of the loan at
that time, including interest due but not paid, as a deemed distribution for
Federal income tax purposes.

No. 94ICB-TSA1 Data page 9 (5/99)

<PAGE>

DATA PAGES (CONT'D)

GUARANTEED MINIMUM INCOME BENEFIT
TABLE OF GUARANTEED MINIMUM ANNUITY
PURCHASE FACTORS FOR A TRADITIONAL IRA CERTIFICATE
FOR INITIAL LEVEL ANNUAL INCOME
SINGLE LIFE - FEMALE

Interest Basis: 2.5% Non-participating
Mortality: 1983 Individual Annuity Mortality Table "a"
for Male projected with modified Scale G.

Factors required for annuity forms not shown in the above table will be
calculated by us on the same actuarial basis.

No. 94ICB-TSA1 Data page 10 (5/99)

<TABLE>
<CAPTION>
<S> <C>
[EQUITABLE LOGO] EQUITABLE ACCUMULATOR (SM) SELECT
- -------------------------- Combination Variable and Fixed Deferred Annuity
Member of the Global Group Enrollment Form under Group Annuity Contract
No. AC6725 (Non-Qualified), AC6727 (Qualified)
and Application for Individual Contract
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
1290 Avenue of the Americas, New York, New York 10104 FOR ASSISTANCE CALL (800) 789-7771

- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S> <C> <C> <C> <C>
1. TYPE OF CONTRACT |_| Non-Qualified (NQ) |_| Traditional IRA |_| Roth IRA
Subject to State Availability |_| Qualified Plan - Defined Contribution (DC) |_| Qualified Plan - Defined Benefit (DB)
|_| ERISA Tax Sheltered Annuity (TSA) |_| Non-ERISA Tax Sheltered Annuity (TSA)

- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
2. OWNER For IRA Certificates/Contracts, Owner and Annuitant must be the same person
<S> <C> <C>
|_| Individual |_| Trustee (for an individual) |_| Custodian*
|_| Qualified Plan Trustee - DC (Forms No. 127692 and No. 127433 must be completed)
|_| Qualified Plan Trustee - DB (Forms No. 127691 and No. 127433 must be completed)

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| _______/______/______
Name (First, Middle, Last) Date of Birth (Month/Day/Year)

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| ______ - ______ - ______
Address (Street, City, State, Zip Code) Social Security No./TIN

|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|_|_|_|_|_|_|_|_|_| |_| Male |_| Female
Home Phone Number Office Phone Number
</TABLE>

*As Custodian under the ________ (state) Uniform Gifts to Minors Act (UGMA) or
Uniform Transfer to Minors Act (UTMA). Please note if issued under UGMA or
UTMA, the beneficiary named in section 5 must be the Estate of the Annuitant.

- --------------------------------------------------------------------------------
3. JOINT OWNER (Optional for NQ Certificates/Contracts)

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| ______/______/______
Name (First, Middle, Last) Date of Birth (Month/Day/Year)

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| _____ - _____ - _____
Address (Street, City, State, Zip Code) Social Security No.

|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|_|_|_|_|_|_|_|_|_| |_| Male |_| Female
Home Phone Number Office Phone Number

- --------------------------------------------------------------------------------
4. ANNUITANT If other than Owner

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| ______/______/______
Name (First, Middle, Last) Date of Birth (Month/Day/Year)

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| ____ - _____ - _____
Address (Street, City, State, Zip Code) Social Security No.

|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|_|_|_|_|_|_|_|_|_| |_| Male |_| Female
Home Phone Number Office Phone Number

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|
Relationship to Owner

- --------------------------------------------------------------------------------
5. BENEFICIARY(IES) If more than one - indicate %. Total must equal 100%.

If additional space is needed use Section 12.
<TABLE>
<CAPTION>
PRIMARY
<S> <C> <C>

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|
Name (First, Middle, Last) Relationship to Annuitant %

CONTINGENT

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| |_|_|_|
Name (First, Middle, Last) Relationship to Annuitant %

- ------------------------------------------------------------------------------------------------------------------------------------
REGULAR MAIL: EQUITABLE ACCUMULATOR SELECT, EXPRESS MAIL: EQUITABLE ACCUMULATOR SELECT,
P.O. Box 13014, c/o First Chicago National Processing Center,
Newark, N.J. 07188-0014 300 Harmon Meadow Boulevard, 3rd Floor, Attn:. Box 13014,
Secaucus, N.J. 07094
No. 126737 (5/99)
</TABLE>

<PAGE>

- ------------------------------------------------------------------------------------------------------------------------------------
6. INITIAL CONTRIBUTION INFORMATION TOTAL INITIAL CONTRIBUTION: $_________________
(minimum $25,000)
<CAPTION>
7. METHOD OF PAYMENT
<S> <C> <C> <C>
NQ: |_| Check payable to Equitable Life |_| Wire |_| 1035 Exchange
QUALIFIED PLAN: |_| Check payable to Equitable Life |_| Wire
TRADITIONAL IRA: |_| Direct rollover from qualified plan or TSA |_| Direct transfer from other Traditional IRA
|_| Rollover from Traditional IRA
ROTH IRA: |_| Conversion rollover from Traditional IRA |_| Direct transfer from other Roth IRA |_| Rollover from Roth IRA
TSA: |_| Direct 90-24 transfer from another carrier* |_| Rollover by check** |_| Direct rollover from another carrier*
* If this is an inbound direct transfer or direct rollover, you must also complete the TSA Transfer/Rollover Form (No. 127760).
** If this is a rollover by check, your signature on this enrollment form/application certifies that this is an eligible rollover
distribution from another TSA or 403(b) custodial account.

- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
8. baseBUILDER(R) GUARANTEE ELECTION You must answer A and B even if you do not elect baseBUILDER. Please refer to enrollment
form/application instructions before completing
<S> <C> <C>
A. Would you like to elect the baseBUILDER which includes a combined Guaranteed Minimum Income Benefit and
Guaranteed Minimum Death Benefit? |_| Yes |_| No
B. Which Guaranteed Minimum Death Benefit would you like to elect?
|_| 5% Roll Up to Age 80 |_| Annual Ratchet to Age 80

- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
9. SYSTEMATIC WITHDRAWALS (Optional) Not available for TSA Certificates/Contracts.
For IRA Certificates/Contracts, available only if you are age 59 TO 70. Other withdrawal options are available for IRA and TSA
Certificates/Contracts.
<S> <C> <C> <C> <C>
FREQUENCY: |_| Monthly |_| Quarterly |_| Annually Start Date: _______________ (Month, Day)
AMOUNT OF WITHDRAWAL: $_____________ or ______________%
WITHHOLDING ELECTION INFORMATION (Please refer to enrollment form/application instructions before completing)
- --------------------------------
A. |_| I do not want to have Federal income tax withheld. (U.S. residence address and Social Security No./TIN required)
B. |_| I want to have Federal income tax withheld from each payment.

- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
10. SUCCESSOR OWNER (Optional for NQ Certificates/Contracts)
Available only if the Owner and Annuitant are different persons
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| ______/______/______ |_| Male |_| Female
Name (First, Middle, Last) Date of Birth (Month/Day/Year)

|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_|_| _____ - _____ - _____
Address (Street, City, State, Zip Code) Social Security No./TIN

- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
11. SUITABILITY
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
A. Did you receive the EQUITABLE ACCUMULATOR SELECT prospectus? |_| Yes |_| No
____________________________________ __________________________________________
Date of Prospectus Date(s) of any Supplement(s) to Prospectus
B. Will any existing life insurance or annuity be (or has it been) surrendered, withdrawn from, loaned against, changed
or otherwise reduced in value, or replaced in connection with this transaction assuming the Certificate/Contract
applied for will be issued? |_| Yes |_| No If Yes, complete the following:
_____________________ _______________________ ____________________________ ___________________________
Year Issued Type of Plan Company Certificate/Contract Number
C. National Association of Securities Dealers, Inc. (NASD) information (as required by the NASD)
___________________________________ ____________________________
Employer's Name & Address Owner's Occupation
___________________________________ ____________________________
Estimated Annual Family Income Estimated Net Worth
Investment Objective: |_| Income |_| Income & Growth |_| Growth |_| Aggressive Growth |_| Safety of Principal
Is Owner or Annuitant associated with or employed by a member of the NASD? |_| Yes |_| No
</TABLE>

- --------------------------------------------------------------------------------
12. SPECIAL INSTRUCTIONS
- --------------------------------------------------------------------------------

________________________________________________________________________________
________________________________________________________________________________

No. 126737 (5/99) ACCUMULATOR SELECT page 2

<PAGE>

- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
13. ALLOCATION AMONG INVESTMENT OPTIONS Choose A, B or C
Please refer to enrollment form/application instructions before completing
- ------------------------------------------------------------------------------------------------------------------------------------
(1) FIXED INTEREST OPTIONS
----------------------
<S> <C> <C>
A. |_| SELF-DIRECTED ALLOCATION (105) February 15, 2000........_____________%
Allocate initial contribution between (106) February 15, 2001........_____________%
"(1) FIXED INTEREST (107) February 15, 2002........_____________%
OPTIONS" and "(2) VARIABLE (108) February 15, 2003........_____________%
INVESTMENT OPTIONS." The (109) February 15, 2004........_____________%
total of (1) and (2) must equal 100%. (110) February 15, 2005........_____________%
--------------------------------------
(111) February 15, 2006........_____________%

--------------------------------------
B. |_| PRINCIPAL ASSURANCE (112) February 15, 2007........_____________%
Under Principal Assurance, an (113) February 15, 2008........_____________%
amount is allocated to a fixed (114) February 15, 2009........_____________%
interest option so that its maturity SUBTOTAL........... ____________% (1)
value will equal the initial (2) VARIABLE INVESTMENT OPTIONS
contribution in the year selected. ---------------------------
EQUITY SERIES:
-------------
DOMESTIC EQUITY
SELECT MATURITY YEAR: (604) Alliance Common Stock......................_________________%
|_| 2006 |_| 2007 |_| 2008 |_| 2009 (603) Alliance Growth & Income..................._________________%
(613) BT Equity 500 Index........................_________________%
Allocate the remaining amount of (626) EQ/Evergreen..............................._________________%
the initial contribution only to (616) EQ/Putnam Growth & Income Value............_________________%
"(2) VARIABLE INVESTMENT (628) MFS Growth with Income....................._________________%
OPTIONS." The total percentage (618) MFS Research..............................._________________%
must equal 100%. (620) Merrill Lynch Basic Value Equity..........._________________%
-------------------------------------
(623) T. Rowe Price Equity Income................_________________%

-------------------------------------
C. |_| SPECIAL DOLLAR COST INTERNATIONAL EQUITY
AVERAGING (605) Alliance Global............................_________________%
The initial contribution is allocated (609) Alliance International....................._________________%
to the Alliance Money Market option. (614) BT International Equity Index.............._________________%
Thereafter, amounts are transferred (622) Morgan Stanley Emerging Markets Equity....._________________%
monthly over a twelve month period (624) T. Rowe Price International Stock.........._________________%
to the other variable investment AGGRESSIVE EQUITY
options you have selected. (606) Alliance Aggressive Stock.................._________________%
(612) Alliance Small Cap Growth.................._________________%
The total percentage must equal (615) BT Small Company Index....................._________________%
100%. (619) MFS Emerging Growth Companies.............._________________%
-------------------------------------
(625) Warburg Pincus Small Company Value........._________________%
ASSET ALLOCATION SERIES:
-----------------------
(601) Alliance Conservative Investors............_________________%
(602) Alliance Growth Investors.................._________________%
(627) EQ/Evergreen Foundation...................._________________%
(617) EQ/Putnam Balanced........................._________________%
(621) Merrill Lynch World Strategy..............._________________%
FIXED INCOME SERIES:
-------------------
AGGRESSIVE FIXED INCOME
(610) Alliance High Yield........................_________________%
DOMESTIC FIXED INCOME
(608) Alliance Intermediate Gov't. Securities...._________________%
(607) Alliance Money Market......................_________________%
SUBTOTAL........... ____________% (2)

TOTAL........ 100%

- ------------------------------------------------------------------------------------------------------------------------------------
|_| REBALANCING* Your value in the variable investment options will be
periodically re-adjusted according to the allocation percentages you
indicate above. SELECT REBALANCING FREQUENCY: |_| Quarterly |_|
Semi-Annually |_| Annually *This program may not be elected if you
choose Special Dollar Cost Averaging.
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

No. 126737 (5/99) ACCUMULATOR SELECT page 3

<PAGE>

- --------------------------------------------------------------------------------
14. AGREEMENT All information and statements furnished in this enrollment
form/application are true and complete to the best of my knowledge and belief. I
understand and acknowledge that no agent has the authority to make or modify any
Certificate/Contract on behalf of Equitable Life, or to waive or alter any of
Equitable Life's rights and regulations. I understand that the value
attributable to allocations to the variable investment options and variable
annuity benefit payments, if a variable settlement option has been elected, may
increase or decrease and are not guaranteed as to dollar amount. I understand
that amounts allocated to the fixed interest options may increase or decrease in
accordance with a market value adjustment until the Expiration Date. If I have
elected the baseBUILDER, I understand that (1) the interest rate used for
baseBUILDER does not represent a guarantee of my account value or cash value,
and (2) if I subsequently exercise the baseBUILDER Guaranteed Minimum Income
Benefit, it must be in the form of a lifetime income. Equitable Life may accept
amendments to this enrollment form/application provided by me or under my
authority. I understand that any change in benefits applied for or age at issue
must be agreed to in writing on an amendment.
<TABLE>
<CAPTION>
<S> <C> <C>
___________________________________________________________ _________ __________________________
X Proposed Annuitant's Signature Date Signed at: City, State
___________________________________________________________ _________ __________________________
X Proposed Owner's Signature (If other than Annuitant) Date Signed at: City, State
___________________________________________________________ _________ __________________________
X Proposed Joint Owner's Signature (If other than Annuitant) Date Signed at: City, State

(OREGON AND VIRGINIA RESIDENTS READ AND SIGN ABOVE, ALL OTHER RESIDENTS READ
ABOVE AND BELOW AND SIGN BELOW.)

ARKANSAS/KENTUCKY/NEW MEXICO: ANY PERSON WHO KNOWINGLY AND WITH INTENT TO
- ---------------------------- DEFRAUD ANY INSURANCE COMPANY OR OTHER PERSON
FILES AN ENROLLMENT FORM FOR INSURANCE OR STATEMENT OF CLAIM CONTAINING ANY
MATERIALLY FALSE INFORMATION OR CONCEALS FOR THE PURPOSE OF MISLEADING,
INFORMATION CONCERNING ANY FACT MATERIAL THERETO COMMITS A FRAUDULENT INSURANCE
ACT, WHICH IS A CRIME AND SUBJECTS SUCH PERSON TO CRIMINAL AND CIVIL PENALTIES.
COLORADO: IT IS UNLAWFUL TO KNOWINGLY PROVIDE FALSE, INCOMPLETE, OR MISLEADING
- -------- FACTS OR INFORMATION TO AN INSURANCE COMPANY FOR THE PURPOSE OF
DEFRAUDING OR ATTEMPTING TO DEFRAUD THE COMPANY. PENALTIES MAY INCLUDE
IMPRISONMENT, FINES, DENIAL OF INSURANCE, AND CIVIL DAMAGES. ANY INSURANCE
COMPANY OR AGENT OF AN INSURANCE COMPANY WHO KNOWINGLY PROVIDES FALSE,
INCOMPLETE OR MISLEADING FACTS OR INFORMATION TO A CONTRACT OWNER OR CLAIMANT
FOR THE PURPOSE OF DEFRAUDING OR ATTEMPTING TO DEFRAUD THE CONTRACT OWNER OR
CLAIMANT WITH REGARD TO A SETTLEMENT OR AWARD PAYABLE FROM INSURANCE PROCEEDS
SHALL BE REPORTED TO THE COLORADO DIVISION OF INSURANCE WITHIN THE DEPARTMENT OF
REGULATORY AGENCIES.
FLORIDA: ANY PERSON WHO KNOWINGLY AND WITH INTENT TO INJURE, DEFRAUD OR DECEIVE
- ------- AN INSURER FILES A STATEMENT OF CLAIM OR AN APPLICATION CONTAINING ANY
FALSE, INCOMPLETE, OR MISLEADING INFORMATION IS GUILTY OF A FELONY OF THE THIRD
DEGREE. EQUITABLE LIFE IS A WHOLLY OWNED SUBSIDIARY OF THE EQUITABLE COMPANIES
INCORPORATED (EQ). AXA-UAP, AN INSURANCE HOLDING COMPANY, IS EQ'S LARGEST
SHAREHOLDER. NEITHER EQ NOR AXA-UAP HAS ANY RESPONSIBILITY FOR THE INSURANCE
OBLIGATIONS OF EQUITABLE LIFE.
NEW JERSEY: ANY PERSON WHO KNOWINGLY FILES A STATEMENT OF CLAIM CONTAINING
- ---------- ANY FALSE OR MISLEADING INFORMATION IS SUBJECT TO CRIMINAL AND CIVIL
PENALTIES.
OHIO: ANY PERSON WHO, WITH INTENT TO DEFRAUD OR KNOWING THAT HE IS FACILITATING
- ---- A FRAUD AGAINST AN INSURER, SUBMITS AN ENROLLMENT FORM OR FILES A CLAIM
CONTAINING A FALSE OR DECEPTIVE STATEMENT IS GUILTY OF INSURANCE FRAUD.
ALL OTHER STATES: ANY PERSON WHO KNOWINGLY AND WITH INTENT TO DEFRAUD ANY
- ---------------- INSURANCE COMPANY FILES AN ENROLLMENT FORM/APPLICATION OR
STATEMENT OF CLAIM CONTAINING ANY MATERIALLY FALSE, MISLEADING OR INCOMPLETE
INFORMATION IS GUILTY OF A CRIME WHICH MAY BE PUNISHABLE UNDER STATE OR FEDERAL
LAW.
<CAPTION>
<S> <C> <C>
___________________________________________________________ ____________ _________________________
X Proposed Annuitant's Signature Date Signed at: City, State
___________________________________________________________ ____________ _________________________
X Proposed Owner's Signature (If other than Annuitant) Date Signed at: City, State
___________________________________________________________ ____________ _________________________
X Proposed Joint Owner's Signature (If other than Annuitant) Date Signed at: City, State

Do you have reason to believe that any existing life insurance or annuity has
been (or will be) surrendered, withdrawn from, loaned against, changed or
otherwise reduced in value, or replaced in connection with this transaction
assuming the Certificate/Contract applied for will be issued on the life of the
Annuitant? |_| Yes |_| No
Florida License ID No(s). _____________________________________
</TABLE>

1) ___________________________________________________________________________
Agent Signature Print Name & No. of Agent
___________________________________________________________________________
Agent Soc. Sec. No. Phone No./Fax No. Agency Code %

2) ___________________________________________________________________________
Agent Signature Print Name & No. of Agent
___________________________________________________________________________
Agent Soc. Sec. No. Phone No./Fax No. Agency Code %

No. 126737 (5/99) ACCUMULATOR SELECT page 4