JNL SERIES TRUST
497, 2000-09-01
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                 SUPPLEMENT TO THE PROSPECTUS DATED MAY 1, 2000

                    PERSPECTIVE FIXED AND VARIABLE ANNUITY(R)

                               JNL(R) SERIES TRUST

On pages 37, 41, 45, 48, 51 and 54 of the  prospectus  for the JNL Series  Trust
dated May 1,  2000,  the  second  paragraph  of the  Sub-Adviser  and  Portfolio
Management  section  should be deleted  and  replaced in its  entirety  with the
following paragraph:

David M. Blitzer and Robert D. Jaramillo  share the primary  responsibility  for
the day-to-day  management of the Series. Mr. Blitzer has been Vice President of
SPIAS  since 1995 and has been an  economist  with  Standard & Poor's  Financial
Services  Group  (which  operates  independently  of  Standard & Poor's  Ratings
Services)  since 1982.  Mr.  Blitzer has had  responsibility  for the day-to-day
management  of the Series since the inception of the Series.  Mr.  Jaramillo has
been a senior investment  officer with the Quantitative  Services  department of
Standard & Poor's Financial  Information  Services since May 1999. Since joining
Standard & Poor's in May 1998, Mr. Jaramillo has provided analytical support for
Standard & Poor's mutual fund advisory  products.  Prior to 1998, Mr.  Jaramillo
worked as an analyst for The Boston Company Asset Management, Inc. Mr. Jaramillo
has had responsibility for the day-to-day  management of the Series since August
2000.


This Supplement is dated August 31, 2000.


(To be used with Form No. VC3656 Rev. 09/00.)



<PAGE>
                   SUPPLEMENT TO PROSPECTUS DATED MAY 1, 2000

               PERSPECTIVE ADVISORS FIXED AND VARIABLE ANNUITY(R)

                               JNL(R) SERIES TRUST

On pages 32, 35, 38, 41, 44 and 47 of the  prospectus  for the JNL Series  Trust
dated May 1,  2000,  the  second  paragraph  of the  Sub-Adviser  and  Portfolio
Management  section  should be deleted  and  replaced in its  entirety  with the
following paragraph:

David M. Blitzer and Robert D. Jaramillo  share the primary  responsibility  for
the day-to-day  management of the Series. Mr. Blitzer has been Vice President of
SPIAS  since 1995 and has been an  economist  with  Standard & Poor's  Financial
Services  Group  (which  operates  independently  of  Standard & Poor's  Ratings
Services)  since 1982.  Mr.  Blitzer has had  responsibility  for the day-to-day
management  of the Series since the inception of the Series.  Mr.  Jaramillo has
been a senior investment  officer with the Quantitative  Services  department of
Standard & Poor's Financial  Information  Services since May 1999. Since joining
Standard & Poor's in May 1998, Mr. Jaramillo has provided analytical support for
Standard & Poor's mutual fund advisory  products.  Prior to 1998, Mr.  Jaramillo
worked as an analyst for The Boston Company Asset Management, Inc. Mr. Jaramillo
has had responsibility for the day-to-day  management of the Series since August
2000.




This Supplement is dated August 31, 2000.


(To be used with Form No. VC3657 Rev. 05/00.)
<PAGE>
                 SUPPLEMENT TO THE PROSPECTUS DATED MAY 1, 2000

               PERSPECTIVE ADVANTAGE FIXED AND VARIABLE ANNUITYSM

                               JNL(R) SERIES TRUST

On pages 31, 34 and 37of the  prospectus  for the JNL Series  Trust dated May 1,
2000, the second paragraph of the Sub-Adviser and Portfolio  Management  section
should be deleted and replaced in its entirety with the following paragraph:

David M. Blitzer and Robert D. Jaramillo  share the primary  responsibility  for
the day-to-day  management of the Series. Mr. Blitzer has been Vice President of
SPIAS  since 1995 and has been an  economist  with  Standard & Poor's  Financial
Services  Group  (which  operates  independently  of  Standard & Poor's  Ratings
Services)  since 1982.  Mr.  Blitzer has had  responsibility  for the day-to-day
management  of the Series since the inception of the Series.  Mr.  Jaramillo has
been a senior investment  officer with the Quantitative  Services  department of
Standard & Poor's Financial  Information  Services since May 1999. Since joining
Standard & Poor's in May 1998, Mr. Jaramillo has provided analytical support for
Standard & Poor's mutual fund advisory  products.  Prior to 1998, Mr.  Jaramillo
worked as an analyst for The Boston Company Asset Management, Inc. Mr. Jaramillo
has had responsibility for the day-to-day  management of the Series since August
2000.



This Supplement is dated August 31, 2000.


(To be used with Form No. VC3723 Rev. 05/00.)
<PAGE>
                   SUPPLEMENT TO PROSPECTUS DATED MAY 1, 2000

                 PERSPECTIVE FIXED AND VARIABLE ANNUITY(R) (NY)

                               JNL(R) SERIES TRUST

On pages 36, 39, 43, 47, 50 and 53 of the  prospectus  for the JNL Series  Trust
dated May 1,  2000,  the  second  paragraph  of the  Sub-Adviser  and  Portfolio
Management  section  should be deleted  and  replaced in its  entirety  with the
following paragraph:

David M. Blitzer and Robert D. Jaramillo  share the primary  responsibility  for
the day-to-day  management of the Series. Mr. Blitzer has been Vice President of
SPIAS  since 1995 and has been an  economist  with  Standard & Poor's  Financial
Services  Group  (which  operates  independently  of  Standard & Poor's  Ratings
Services)  since 1982.  Mr.  Blitzer has had  responsibility  for the day-to-day
management  of the Series since the inception of the Series.  Mr.  Jaramillo has
been a senior investment  officer with the Quantitative  Services  department of
Standard & Poor's Financial  Information  Services since May 1999. Since joining
Standard & Poor's in May 1998, Mr. Jaramillo has provided analytical support for
Standard & Poor's mutual fund advisory  products.  Prior to 1998, Mr.  Jaramillo
worked as an analyst for The Boston Company Asset Management, Inc. Mr. Jaramillo
has had responsibility for the day-to-day  management of the Series since August
2000.


This Supplement is dated August 31, 2000.


(To be used with Form No. NV3174 Rev. 05/00.)
<PAGE>
                SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 1, 2000

             PERSPECTIVE ADVISORS FIXED AND VARIABLE ANNUITY(R) (NY)

                               JNL(R) SERIES TRUST

On pages 32, 35, 38, 41, 44 and 47 of the  prospectus  for the JNL Series  Trust
dated May 1, 2000,  as amended  September 1, 2000,  the second  paragraph of the
Sub-Adviser and Portfolio  Management  section should be deleted and replaced in
its entirety with the following paragraph:

David M. Blitzer and Robert D. Jaramillo  share the primary  responsibility  for
the day-to-day  management of the Series. Mr. Blitzer has been Vice President of
SPIAS  since 1995 and has been an  economist  with  Standard & Poor's  Financial
Services  Group  (which  operates  independently  of  Standard & Poor's  Ratings
Services)  since 1982.  Mr.  Blitzer has had  responsibility  for the day-to-day
management  of the Series since the inception of the Series.  Mr.  Jaramillo has
been a senior investment  officer with the Quantitative  Services  department of
Standard & Poor's Financial  Information  Services since May 1999. Since joining
Standard & Poor's in May 1998, Mr. Jaramillo has provided analytical support for
Standard & Poor's mutual fund advisory  products.  Prior to 1998, Mr.  Jaramillo
worked as an analyst for The Boston Company Asset Management, Inc. Mr. Jaramillo
has had responsibility for the day-to-day  management of the Series since August
2000.


This Supplement is dated August 31, 2000.


(To be used with Form No. NV3784 Rev. 09/00.)
<PAGE>
                 SUPPLEMENT TO THE PROSPECTUS DATED MAY 1, 2000

                               JNL(R) SERIES TRUST

On pages 62, 66, 70, 73, 76, 80, 85, 89, 93, 96, 99,  103,  107,  110 and 113 of
the prospectus for the JNL Series Trust dated May 1, 2000, the second  paragraph
of the  Sub-Adviser  and  Portfolio  Management  section  should be deleted  and
replaced in its entirety with the following paragraph:

David M. Blitzer and Robert D. Jaramillo  share the primary  responsibility  for
the day-to-day  management of the Series. Mr. Blitzer has been Vice President of
SPIAS  since 1995 and has been an  economist  with  Standard & Poor's  Financial
Services  Group  (which  operates  independently  of  Standard & Poor's  Ratings
Services)  since 1982.  Mr.  Blitzer has had  responsibility  for the day-to-day
management  of the Series since the inception of the Series.  Mr.  Jaramillo has
been a senior investment  officer with the Quantitative  Services  department of
Standard & Poor's Financial  Information  Services since May 1999. Since joining
Standard & Poor's in May 1998, Mr. Jaramillo has provided analytical support for
Standard & Poor's mutual fund advisory  products.  Prior to 1998, Mr.  Jaramillo
worked as an analyst for The Boston Company Asset Management, Inc. Mr. Jaramillo
has had responsibility for the day-to-day  management of the Series since August
2000.



This Supplement is dated August 31, 2000.


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