497 1 ssgasupplnl.txt LVIP SSGA EMERGING MKTS FUND The Lincoln National Life Insurance Company: Lincoln Life Flexible Premium Variable Life Account M Lincoln Life Flexible Premium Variable Life Account R Lincoln Life Flexible Premium Variable Life Account S Supplement Dated May 16, 2008 To the Prospectus for the following Products: Lincoln VULONE 2007 Lincoln Momentum VULONE 2007 Lincoln SVULONE 2007 Lincoln Momentum SVULONE 2007 Lincoln VULONE Lincoln Momentum VULONE Lincoln VULONE 2005 Lincoln Momentum VULONE 2005 Lincoln SVULONE Lincoln Momentum SVULONE Lincoln VULcv IV Lincoln VULDB IV Lincoln SVUL IV Lincoln Corporate Variable 5 Lincoln Corporate Variable 4 Lincoln CVUL Series III Elite Lincoln Corporate Commitment VUL The information in this supplement updates and amends certain information contained in the prospectuses dated May 1, 2008 for the referenced products. Keep this supplement with your prospectus for reference. The Sub-Account which purchases shares of the LVIP SSgA Emerging Markets 100 Fund (Standard Class) will be available on or about June 2, 2008.