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Mainstay Plus Variable Annuity
Investing in
NYLIAC Variable Annuity Separate Account-III
Supplement dated August 14, 1998
to the Prospectus dated August 1, 1998
This Supplement provides information that a prospective investor should know
before investing. Please read it carefully and retain it for future reference.
This Supplement is not valid unless accompanied by the current prospectus for
the Policies ("Policy Prospectus"). Defined terms used but not defined in this
Supplement have the same meanings as in the Policy Prospectus.
Effective immediately, Owners may not effect telephone transactions through
the Interactive Voice Response system. Owners, or persons designated by the
Owner, may effect telephone transactions ONLY by speaking with a service
representative at (888) 695-6246.
New York Life Insurance and Annuity Corporation
(A Delaware Corporation)
51 Madison Avenue
New York, New York 10010
