-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IKtFRH4ph/C4weHv2v/16PGIR6FYN2gpMj2y3fikJFeHcMuHvYSf9J66f0kHzJu1 +VA9PLxrziPVHM/v+mjkWg== 0000038748-02-000020.txt : 20020523 0000038748-02-000020.hdr.sgml : 20020523 20020523152701 ACCESSION NUMBER: 0000038748-02-000020 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN LIFE VARIABLE ANNUITY FUND CENTRAL INDEX KEY: 0000038748 IRS NUMBER: 370281650 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-36394 FILM NUMBER: 02661038 BUSINESS ADDRESS: STREET 1: FRANKLIN SQUARE STREET 2: #1 CITY: SPRINGFIELD STATE: IL ZIP: 62713 BUSINESS PHONE: 217-528-2011 MAIL ADDRESS: STREET 1: FRANKLIN SQUARE STREET 2: #1 CITY: SPRINGFIELD STATE: IL ZIP: 62713-0001 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN LIFE VARIABLE ANNUITY FUND A DATE OF NAME CHANGE: 19920703 497 1 livesupp.htm 497E AMERICAN GENERAL LIFE INSURANCE COMPANY

THE FRANKLIN LIFE INSURANCE COMPANY
FRANKLIN LIFE VARIABLE ANNUITY FUND
INDIVIDUAL VARIABLE ANNUITY CONTRACTS
SUPPLEMENT DATED MAY 23, 2002
TO
PROSPECTUS
DATED APRIL 30, 1999
AS SUPPLEMENTED AUGUST 31, 2001

          Effective May 23, 2002, The Franklin Life Insurance Company ("The Franklin") is amending the prospectus for the sole purpose of announcing the planned merger of The Franklin with American General Life Insurance Company.

          On page 17 of the prospectus, under the section titled "The Franklin" the following paragraph is hereby inserted at the end of the section.

The Franklin has announced that it intends to merge with American General Life Insurance Company ("American General Life"), subject to receipt of required approvals from the SEC and certain state insurance departments. American General Life is a stock life insurance company organized under the laws of Texas. American General Life is an affiliate of The Franklin and is also an indirect wholly-owned subsidiary of AIG. Following the merger, the Fund will be a separate account of American General Life and the commitments under the Contracts will be American General Life's. We expect the merger to occur by the end of 2002.

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