LPT VARIABLE INSURANCE SERIES TRUST
SALOMON U.S. QUALITY BOND PORTFOLIO
SALOMON MONEY MARKET PORTFOLIO
Supplement dated September 26, 1997 to Prospectus dated May 1, 1997
The following supplements certain information appearing in the Prospectus dated
May 1, 1997 of the LPT Variable Insurance Series Trust.
On August 22, 1997, the Board of Trustees of LPT Variable Insurance Series Trust
approved a change in sub-adviser for the Salomon U.S. Quality Bond Portfolio and
the Salomon Money Market Portfolio (the "Portfolios") from Salomon Brothers
Asset Management Inc to Berkeley Capital Management with no change in
sub-advisory fees, subject to shareholder approval.
On such date, the Trustees also called a Special Meeting of Shareholders to be
held on October 3, 1997 to consider, among other items, the approval of the
change in sub-adviser with respect to such Portfolios. If approved, these
changes will become effective on November 3, 1997, whereupon the names of the
Portfolios will be changed to Berkeley U.S. Quality Bond Portfolio and Berkeley
Money Market Portfolio.