<TABLE> <S> <C>

<ARTICLE>  7
<LEGEND>                                                          
THIS RESTATED FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL
INFORMATION EXTRACTED FROM THE BALANCE SHEET AND INCOME STATEMENT
OF SUNAMERICA INC.'S FORM 10-Q FOR THE QUARTERLY PERIOD ENDED
JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER>   1,000
       
<S>                                  <C>         
<PERIOD-TYPE>                        9-MOS
<FISCAL-YEAR-END>                                   SEP-30-1997
<PERIOD-END>                                        JUN-30-1997
<DEBT-HELD-FOR-SALE>                                 17,493,099
<DEBT-CARRYING-VALUE>                                         0
<DEBT-MARKET-VALUE>                                           0
<EQUITIES>                                               91,598
<MORTGAGE>                                            3,097,636
<REAL-ESTATE>                                            88,969
<TOTAL-INVEST>                                       23,284,625
<CASH>                                                  959,247
<RECOVER-REINSURE>                                            0
<DEFERRED-ACQUISITION>                                1,213,353
<TOTAL-ASSETS>                                       33,443,948
<POLICY-LOSSES>                                      20,106,004
<UNEARNED-PREMIUMS>                                           0
<POLICY-OTHER>                                                0
<POLICY-HOLDER-FUNDS>                                         0
<NOTES-PAYABLE>                                       1,004,585
<PREFERRED-MANDATORY>                                         0
<PREFERRED>                                             248,000
<COMMON>                                                179,059
<OTHER-SE>                                            1,368,456
<TOTAL-LIABILITY-AND-EQUITY>                         33,443,948
<PREMIUMS>                                                    0
<INVESTMENT-INCOME>                                   1,160,368
<INVESTMENT-GAINS>                                     (30,882)
<OTHER-INCOME>                                          225,373
<BENEFITS>                                              678,935
<UNDERWRITING-AMORTIZATION>                             112,493
<UNDERWRITING-OTHER>                                          0
<INCOME-PRETAX>                                         371,723
<INCOME-TAX>                                            110,200
<INCOME-CONTINUING>                                     261,523
<DISCONTINUED>                                                0
<EXTRAORDINARY>                                               0
<CHANGES>                                                     0
<NET-INCOME>                                            261,523
<EPS-PRIMARY> <F1>                                         1.40
<EPS-DILUTED> <F1>                                         1.27
<RESERVE-OPEN>                                                0
<PROVISION-CURRENT>                                           0
<PROVISION-PRIOR>                                             0
<PAYMENTS-CURRENT>                                            0
<PAYMENTS-PRIOR>                                              0
<RESERVE-CLOSE>                                               0
<CUMULATIVE-DEFICIENCY>                                       0
<FN>
<F1> ON AUGUST 1, 1997, THE COMPANY ANNOUNCED A THREE-FOR-TWO STOCK
     SPLIT (TO BE EFFECTED IN THE FORM OF A STOCK DIVIDEND) ON THE
     COMPANY'S COMMON STOCK AND NONTRANSFERABLE CLASS B STOCK. THE
     STOCK SPLIT IS PAYABLE ON AUGUST 29, 1997 TO HOLDERS OF RECORD
     ON AUGUST 20, 1997.  PER-SHARE AMOUNTS REFLECT THE STOCK SPLIT.
 
<F2> PER SHARE DATA HAS BEEN RESTATED TO REFLECT THE ADOPTION OF
     STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128,
     "EARNINGS PER SHARE."  "OTHER INCOME" AND "UNDERWRITING OTHER" 
     REFLECT RECLASSIFICATIONS TO CONFORM WITH THE CURRENT PERIOD
     PRESENTATION.
</FN>
        


</TABLE>