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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001075796-01-000001.txt : 20010122
<SEC-HEADER>0001075796-01-000001.hdr.sgml : 20010122
ACCESSION NUMBER:		0001075796-01-000001
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20010104

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COLI VUL 2 SERIES ACCOUNT
		CENTRAL INDEX KEY:			0001075796
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-70963
		FILM NUMBER:		1501921

	BUSINESS ADDRESS:	
		STREET 1:		8515 EAST ORCHARD RD
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80111

	MAIL ADDRESS:	
		STREET 1:		8515 EAST ORCHARD RD
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80111
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>STICKER
<TEXT>


                        SUPPLEMENT DATED JANUARY 4, 2001

                              TO THE PROSPECTUS FOR

                  COLI VUL-2 Series Account, dated May 1, 2000

The  following  paragraph  is added to the  section  "Great-West  Life & Annuity
Insurance Company" of the prospectus for the COLI VUL-2 Series Account:

Effective  December 31, 2000, a corporate  reorganization  of Great-West  Life &
Annuity  Insurance  Company  ("GWL&A") was  completed.  Under the new structure,
GWL&A is no longer a subsidiary of The  Great-West  Life  Assurance  Company but
continues to be indirectly  owned by Great-West  Lifeco Inc., a holding company.
Great-West Lifeco Inc. is in turn a subsidiary of Power Financial Corporation, a
financial  services  company.   Power  Corporation  of  Canada,  a  holding  and
management company, has voting control of Power Financial Corporation.  Mr. Paul
Desmarais,  through a group of private holding companies, which he controls, has
voting control of Power Corporation of Canada.

                      Please keep this supplement for future reference.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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