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<PAGE> Supplement dated February 26, 1999 to Prospectus and Statement of Additional Information Dated December 8, 1998 for Pacific Value Variable Annuity Issued by Pacific Life Insurance Company ("Prospectus" and "SAI") APPENDIX A: STATE LAW VARIATIONS to the Prospectus is amended by adding the following: For Contracts delivered to residents of Massachusetts: You may make additional Purchase Payments only during your first Contract Year. Form No. PVMA02269
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