Oppenheimer Aggressive Growth Fund/VA-ROCSOP

The Fund adjusts the classification of distributions to shareholders to reflect
the differences between financial statement amounts and distributions determined
in accordance with income tax regulations. Accordingly, during the year ended
December 31, 2002, amounts have been reclassified to reflect a decrease in
additional paid-in capital of $3,664,059. Overdistributed net investment income
was decreased by the same amount. Net assets of the Fund were unaffected by the
reclassifications.