-----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, N2lTeaPlNzDyubZw2tJlUaLIRL/d3dymeNdl61huGxpXh4z89hTMIpZnqnoj9t+q yiMhuuA/n2zkaH3+HzXLFw== 0000728889-08-002051.txt : 20081231 0000728889-08-002051.hdr.sgml : 20081231 20081231154146 ACCESSION NUMBER: 0000728889-08-002051 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081231 DATE AS OF CHANGE: 20081231 EFFECTIVENESS DATE: 20081231 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: 081278914 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 3036713200 MAIL ADDRESS: STREET 1: 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 0000752737 S000010340 Oppenheimer Money Fund/VA C000028604 Non-Service C000028605 Service 497 1 supplementmfva.htm PROSPECTUS SUPPLEMENT

Oppenheimer Money Fund/VA
Supplement dated December 31, 2008 to the
Prospectus dated April 29, 2008

This amends the Prospectus of Oppenheimer Money Fund/VA (the “Fund”) dated April 29, 2008 and is in addition to the supplements dated December 10, 2008 and June 24, 2008:

1.     In the section titled “Fees and Expenses of the Fund” on page 5, the following is added to the end of the first paragraph under the “Annual Trust Operating Expenses”:

The Manager has voluntarily undertaken to waive fees to the extent necessary to assist the Fund in attempting to maintain a positive yield. There is no guarantee that the Fund will maintain a positive yield. That undertaking may be amended or withdrawn at any time.

2.     In the section titled “How the Fund is Managed – Advisory Fees,” on beginning on page 7, the following is added to the end of the first paragraph:

The Manager has voluntarily undertaken to waive fees to the extent necessary to assist the Fund in attempting to maintain a positive yield. There is no guarantee that the Fund will maintain a positive yield. That undertaking may be amended or withdrawn at any time.

December 31, 2008                                                                                                PS0660.004

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