424B3 1 v89882s4e424b3.txt 424B3 As filed pursuant to Rule 424(b)(3) under the Securities Act of 1933 Registration No. 333-70252 AIG SUNAMERICA LIFE ASSURANCE COMPANY VARIABLE SEPARATE ACCOUNT -------------------------------------------------------------------------------- SUPPLEMENT TO THE POLARIS II PROSPECTUS DATED MAY 1, 2003 THE FOLLOWING VARIABLE PORTFOLIOS ARE NOT CURRENTLY AVAILABLE FOR INVESTMENT. PLEASE CHECK WITH YOUR FINANCIAL REPRESENTATIVE OR THE ANNUITY SERVICE CENTER FOR THE VARIABLE PORTFOLIO'S AVAILABILITY DATE. Small & Mid Cap Value Portfolio Foreign Value Portfolio THE FOLLOWING REPLACES THE FOOTNOTE TO THE ASTERISKED FUNDS LISTS IN THE INVESTMENT OPTIONS SECTION OF THE PROSPECTUS: *This Variable Portfolio is not currently available for investment. Please check with your financial representative or the Annuity Service Center for the Variable Portfolio's availability date. Date: May 27, 2003 Please keep this Supplement with your Prospectus.