LINCOLN BENEFIT LIFE COMPANY
Supplement, dated July 23, 2010, to the
& #160; Prospectuses Dated May 1, 2010 for
The Consultant Solutions Variable Annuities
This supplement amends certain disclosure contained in the above-referenced prospectuses for certain variable annuity contracts issued by Lincoln Benefit Life Company.
Effective as of August 30, 2010 (the Closure Date), the following variable sub-account available in the Consultant Solutions Variable Annuities will be closed to all contract owners except those contract owners who have contract value invested in the variable sub-account as of the Closure Date:
Oppenheimer Small- & Mid-Cap Growth Fund/VA (Service Shares)
Contract owners who have contract value invested in this variable sub-account as of the Closure Date may continue to submit additional investments into this variable sub-account thereafter, although they will not be permitted to invest in the variable sub-account if they withdraw or otherwise transfer their entire contract value from the variable sub-account following the Closure Date. Contract owners who do not have contract value invested in the variable sub-account as of the Closure Date will not be permitted to invest in this variable sub-account thereafter.
Dollar cost averaging and/or auto-rebalancing, if elected by a contract owner, will not be affected by the closures.
If you have any questions, please contact your financial representative or our Annuities Service Center at (800) 457-7617. Our representatives are available to assist you from 7:30 a.m. to 5 p.m. Central time.
Please read the prospectus supplement carefully and then file it with your important papers. No other action is required of you.