SUPPLEMENT
TO THE
PROSPECTUS
DATED MAY 1, 2000
FOR
JNL SERIES TRUST
The JNL/Janus Global Equities Series (the 'Series') will be closed to new
contract holders as of September 1, 2000. The Series will still be available to
existing contract holders, even if the contract holder does not have a current
allocation in the Series. The Series will also be available to both new and
existing contract holders as an underlying series of the JNL/S&P Conservative
Growth Series I, the JNL/S&P Moderate Growth Series I, the JNL/S&P Aggressive
Growth Series I, the JNL/S&P Very Aggressive Growth Series I, the JNL/S&P Equity
Growth Series I, the JNL/S&P Equity Aggressive Growth Series I, the JNL/S&P
Conservative Growth Series II, the JNL/S&P Moderate Growth Series II, the
JNL/S&P Aggressive Growth Series II, the JNL/S&P Very Aggressive Growth Series
II, the JNL/S&P Equity Growth Series II, the JNL/S&P Equity Aggressive Growth
Series II, the JNL/S&P Conservative Growth Series, the JNL/S&P Moderate Growth
Series and the JNL/S&P Aggressive Growth Series.
This Supplement is dated September 1, 2000.
