-----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, BJn0knoifOELu17xpXWd8T8nphN81KeuixFsn2RQP9OfMol7rS8sYpj5jIcHugaU F9gb7R5fb3xbWp82lNXTDA== 0000728889-03-000047.txt : 20030117 0000728889-03-000047.hdr.sgml : 20030117 20030117145808 ACCESSION NUMBER: 0000728889-03-000047 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030117 EFFECTIVENESS DATE: 20030117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER VARIABLE ACCOUNT FUNDS CENTRAL INDEX KEY: 0000752737 IRS NUMBER: 840974272 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-93177 FILM NUMBER: 03517718 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 3036713200 MAIL ADDRESS: STREET 2: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER VARIABLE LIFE FUNDS DATE OF NAME CHANGE: 19860609 497 1 ps670005497jan1703.htm PS0670.005 MULTIPLE STRATEGIES FUND/VA-497 PS0670.005 OVAF/Multiple Strategies Fund/VA - 497 
                   OPPENHEIMER MULTIPLE STRATEGIES FUND/VA
                A Series of Oppenheimer Variable Account Funds
                   Supplement dated January 17, 2003 to the
                         Prospectus dated May 1, 2002

   The  supplements  dated May 21, 2002 and January 13, 2003 to the Prospectus
   are withdrawn.

   The Prospectus is changed as follows:

1.    The Prospectus is changed by replacing the paragraph  titled  "Portfolio
      Managers" on page 8 with the following:

      "Portfolio  Managers.  Effective January 13, 2003, the equity portion of
      the Fund's  portfolio  is managed by  Emmanuel  Ferreira,  supported  by
      other  members  of  the  Manager's   value   portfolio   team,  and  the
      fixed-income  portion of the portfolio is managed by Angelo Manioudakis,
      supported  by other  members of the  Manager's  high-grade  fixed-income
      team. Mr.  Ferreira and Mr.  Manioudakis  are primarily  responsible for
      the  day-to-day   management  of  the  Fund's  portfolio  and  are  Vice
      Presidents of the Fund. Mr.  Ferreira is a Vice President of the Manager
      and Mr. Manioudakis is a Senior Vice President of the Manager.  Prior to
      joining  the  Manager in January  2003,  Mr.  Ferriera  was a  portfolio
      manager  at Lashire  Investments  (1999-2003),  and a senior  analyst at
      Mark Asset  Management  (1997-1999).  Prior to joining the Manager,  Mr.
      Manioudakis  was  a  portfolio  manager  at  Morgan  Stanley  Investment
      Management (from August 1993 to April 2002)."



      January 17, 2003                                      PS0670.005
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