SUPPLEMENT Dated February 14, 2008

To The Prospectus Dated May 4, 1999

GoldenSelect Genesis I

GoldenSelect Genesis Flex

For Flexible Premium Variable Life Insurance Policies 

Issued By Golden American Life Insurance Company 

Through Its Separate Account A

This supplement updates the current prospectus. Please read it carefully and keep it with your copy of
the prospectus for future reference. If you have any questions, please call our Customer Contact Center
at 1-800-366-0066.

On January 31, 2008, the Board of Trustees of the ING Investors Trust approved a proposal to liquidate
the ING EquitiesPlus Portfolio (Class S). The proposed liquidation is subject to shareholder approval. If
shareholder approval is obtained, it is expected that the liquidation will take place during the second
quarter of 2008, on or about April 28, 2008.

Before the liquidation date, you may reallocate contract value in the portfolio to another portfolio
available under the Contract. Contract value remaining in the portfolio on the liquidation date will be
reallocated to the ING Liquid Assets Portfolio (Class S). Thereafter, the ING EquitiesPlus Portfolio
(Class S) will no longer be available under the Contract.

Genesis – 148160  02/2008