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International Equity Portfolio
International Equity Portfolio

SEASONS SERIES TRUST


International Equity Portfolio


Mid Cap Value Portfolio


Multi-Managed Growth Portfolio


Multi-Managed Income Portfolio


Multi-Managed Income/Equity Portfolio


Multi-Managed Moderate Growth Portfolio


(each a “Portfolio,” and collectively, the “Portfolios”)


Supplement to the Statutory Prospectus dated July 29, 2014


The following changes will become effective on or about October 17, 2014:


International Equity Portfolio

In the Portfolio Summary, in the Principal Investment Strategies of the Portfolio, the third paragraph is deleted in its entirety and replaced with the following:


The Portfolio is actively-managed by two subadvisers. To balance the risks of the Portfolio, a third portion of the Portfolio is passively-managed by the adviser who seeks to track an index or a subset of an index.