SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
DATED MAY 1, 1999
FOR THE JNL SERIES TRUST
Under the heading "CUSTODIAN AND TRANSFER AGENT" the following section is
amended and replaced in its entirety:
The Trust acts as custodian for the JNL/S&P Conservative
Growth Series I, JNL/S&P Moderate Growth Series I, JNL/S&P Aggressive
Growth Series I, JNL/S&P Very Aggressive Growth Series I, JNL/S&P
Equity Growth Series I, JNL/S&P Equity Aggressive Growth Series I,
JNL/S&P Conservative Growth Series II, JNL/S&P Moderate Growth Series
II, JNL/S&P Aggressive Growth Series II, JNL/S&P Very Aggressive Growth
Series II, JNL/S&P Equity Growth Series II, JNL/S&P Equity Aggressive
Growth Series II, JNL/S&P Conservative Growth Series, JNL/S&P Moderate
Growth Series, and JNL/S&P Aggressive Growth Series. Boston Safe
Deposit and Trust Company, One Boston Place, Boston, Massachusetts
02108, acts as custodian for all of the other series of the Trust.
This Supplement is dated November 1, 1999
(To be used with Form No. V 3180 5/99 only)
