-----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, HOqN5NjxydxAx91b71si9uNuu8+MuEbZy5tRLcd/VBvjjvvl0VnfG7sCXJTDMrWS Xyry612/nUEAKD1FkdvoXQ== 0000881453-98-000151.txt : 19981116 0000881453-98-000151.hdr.sgml : 19981116 ACCESSION NUMBER: 0000881453-98-000151 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN SKANDIA LIFE ASSURANCE CORP/CT CENTRAL INDEX KEY: 0000881453 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE CARRIERS, NEC [6399] IRS NUMBER: 061241288 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-25761 FILM NUMBER: 98746609 BUSINESS ADDRESS: STREET 1: ONE CORPORATE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039261888 MAIL ADDRESS: STREET 1: ONE CORPORATE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 424B3 1 WELLS2 S2 PROXY SUPP Supplement to Prospectus Dated May 1, 1998 Supplement dated November 13, 1998 This Supplement should be retained with the current Prospectus for your variable annuity contract issued by American Skandia Life Assurance Corporation ("American Skandia"). If you do not have a current prospectus, please contact American Skandia at 1-800-SKANDIA. Notice of Proxy Contract Owners with Account Value allocated to the Founders Capital Appreciation Sub-account as of November 13, 1998 ("record date") will be receiving a solicitation of proxy as beneficial owners of units of the respective Sub-accounts that invest in underlying shares of the Founders Capital Appreciation portfolio of American Skandia Trust ("shareholders"). Shareholders of the Founders Capital Appreciation portfolio are being asked to appoint Janus Capital Corporation as the new portfolio sub-advisor and to change the portfolio's investment objective and certain fundamental investment restrictions. In connection with the proposed changes, the portfolio's name will be changed to "AST Janus Small-Cap Growth." Contract Owners who choose to allocate Account Value to the Founders Capital Appreciation Sub-account after the record date will not receive a proxy solicitation and will not be entitled to vote on the change outlined above. Contract Owners should take this into consideration if they are considering allocating Account Value to the Founders Capital Appreciation Sub-account. Wells VA+, Wells XT, Wells VA Flex, GAL3 (11/98) -----END PRIVACY-ENHANCED MESSAGE-----