Lincoln Benefit Life Company
                  Lincoln Benefit Life Variable Annuity Account

                       Supplement, dated December 15, 2003
                                     to the
                          Prospectus, dated May 1, 2003
             for the Lincoln Benefit Life Advantage Variable Annuity


This  supplement  amends the May 1, 2003 prospectus for the Lincoln Benefit Life
Advantage variable annuity contract ("Contract") offered by Lincoln Benefit Life
Company.  Please keep this  supplement for future  reference  together with your
prospectus.

Effective  January 1, 2004,  the Income  Benefit Rider may no longer be added to
Contracts  that have already been issued.  If you add an Income Benefit Rider to
your Contract  prior to January 1, 2004,  your Income  Benefit Rider will not be
affected.  All  references  in the  prospectus  to the Income  Benefit Rider are
updated accordingly.