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MAINSTAY PLUS VARIABLE ANNUITY
INVESTING IN
NYLIAC VARIABLE ANNUITY SEPARATE ACCOUNT-III
SUPPLEMENT DATED AUGUST 26, 1999
TO THE PROSPECTUS DATED MAY 1, 1999
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. Defined terms used but not defined in this Supplement have the
same meanings as in the policy prospectus.
The last sentence in the first paragraph under the section entitled "Periodic
Partial Withdrawals" on page 29 is deleted in its entirety and replaced with the
following:
You may not make periodic partial withdrawals from the DCA Advantage Plan
Accounts.
