497 1 rollfocsuppl.txt FUND CHANGE SUPPLEMENT ING [Logo] ING USA ANNUITY AND LIFE INSURANCE COMPANY (FORMERLY GOLDEN AMERICAN LIFE INSURANCE COMPANY) SEPARATE ACCOUNT B OF ING USA ANNUITY AND LIFE INSURANCE COMPANY PROSPECTUS SUPPLEMENT DATED AUGUST 6, 2004 SUPPLEMENT TO THE PROSPECTUSES DATED MAY 1, 2004 FOR DEFERRED COMBINATION VARIABLE AND FIXED ANNUITY CONTRACTS ISSUED BY ING USA ANNUITY AND LIFE INSURANCE COMPANY ("ING FOCUS" AND "ING ROLLOVER CHOICE") The information in this supplement updates and amends certain information contained in the above-referenced prospectuses, each dated May 1, 2004. You should read and keep this supplement along with the prospectus. Effective August 6, 2004, the subadviser name listed in the "Fund Name and Investment Adviser/Subadviser" column in Appendix B is amended to reflect the change in the name of the Subadviser from Aeltus Investment Management, Inc. to ING Investment Management Co. for the following portfolios: ING GET U.S. Core Portfolio ING VP Balanced Portfolio ING VP Growth and Income Portfolio ING VP Growth Portfolio ING VP Index Plus LargeCap Portfolio ING VP Index Plus MidCap Portfolio ING VP Index Plus SmallCap Portfolio ING VP Intermediate Bond Portfolio ING VP International Equity Portfolio ING VP Small Company Portfolio ING VP Value Opportunity Portfolio The information appearing in the Fund Expense Table for all Janus investment options is deleted and replaced with the following to reflect reductions in fund Management (Advisory) Fees effective July 1, 2004. TOTAL FUND NET FUND DISTRIBUTION ANNUAL ANNUAL AND/OR EXPENSES TOTAL EXPENSES INVESTMENT SERVICE WITHOUT WAIVERS AFTER ADVISORY (12B-1) OTHER WAIVERS OR OR WAIVERS OR FUND NAME FEES FEE EXPENSES REDUCTIONS REDUCTIONS REDUCTIONS ---------------------------------------------------------------------------------------------------------------------------- Janus Aspen Balanced Portfolio (Service Shares) 0.55% 0.25% 0.02% 0.82% -- 0.82% Janus Aspen Flexible Income Portfolio (Service Shares) 0.50% 0.25% 0.04% 0.79% -- 0.79% Janus Aspen Growth Portfolio (Service Shares) 0.64% 0.25% 0.02% 0.91% -- 0.91% Janus Aspen Worldwide Growth Portfolio (Service Shares) 0.60% 0.25% 0.06% 0.91% -- 0.91%
Rollover Choice/Focus - 133546 08/06/04 ING VP BOND PORTFOLIO --------------------- Effective August 16, 2004, the fund name listed in the "Fund Name and Investment Adviser/Subadviser" column in Appendix B and the portfolio name, wherever it appears in the prospectus, is amended to reflect the change in the name of the fund and portfolio from ING VP Bond Portfolio to ING VP Intermediate Bond Portfolio. ING USA ANNUITY AND LIFE INSURANCE COMPANY (FORMERLY GOLDEN AMERICAN LIFE INSURANCE COMPANY) ING USA Annuity and Life Insurance Company is a stock company domiciled in Iowa. ING [Logo] Rollover Choice/Focus - 133546 08/06/04