<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-K FOR THE FISCAL YEAR ENDED SEPTEMBER
30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER>   1,000
       
<S>                                  <C>         
<PERIOD-TYPE>                       12-MOS
<FISCAL-YEAR-END>                                   SEP-30-1997
<PERIOD-END>                                        SEP-30-1997
<DEBT-HELD-FOR-SALE>                                 18,523,655
<DEBT-CARRYING-VALUE>                                         0
<DEBT-MARKET-VALUE>                                           0
<EQUITIES>                                               96,541
<MORTGAGE>                                            3,139,309
<REAL-ESTATE>                                            81,569
<TOTAL-INVEST>                                       24,408,178
<CASH>                                                  993,349
<RECOVER-REINSURE>                                            0
<DEFERRED-ACQUISITION>                                1,118,582
<TOTAL-ASSETS>                                       35,636,886
<POLICY-LOSSES>                                      19,998,418
<UNEARNED-PREMIUMS>                                           0
<POLICY-OTHER>                                                0
<POLICY-HOLDER-FUNDS>                                         0
<NOTES-PAYABLE>                                       1,136,072
<PREFERRED-MANDATORY>                                         0
<PREFERRED>                                             248,000
<COMMON>                                                195,349
<OTHER-SE>                                            2,140,757
<TOTAL-LIABILITY-AND-EQUITY>                         35,636,886
<PREMIUMS>                                                    0
<INVESTMENT-INCOME>                                   1,637,947
<INVESTMENT-GAINS>                                     (29,203)
<OTHER-INCOME>                                          317,703
<BENEFITS>                                              958,570
<UNDERWRITING-AMORTIZATION>                             165,089
<UNDERWRITING-OTHER>                                          0
<INCOME-PRETAX>                                         537,050
<INCOME-TAX>                                            158,000
<INCOME-CONTINUING>                                     379,050
<DISCONTINUED>                                                0
<EXTRAORDINARY>                                               0
<CHANGES>                                                     0
<NET-INCOME>                                            379,050
<EPS-PRIMARY>                                              2.01
<EPS-DILUTED>                                              1.81
<RESERVE-OPEN>                                                0
<PROVISION-CURRENT>                                           0
<PROVISION-PRIOR>                                             0
<PAYMENTS-CURRENT>                                            0
<PAYMENTS-PRIOR>                                              0
<RESERVE-CLOSE>                                               0
<CUMULATIVE-DEFICIENCY>                                       0
<FN>
PER SHARE DATA HAS BEEN RESTATED TO REFLECT A THREE-FOR-TWO STOCK
SPLIT PAID IN THE FORM OF A STOCK DIVIDEND ON AUGUST 29, 1997 AND
TO REFLECT THE ADOPTION OF STATEMENT OF FINANCIAL ACCOUNTING
STANDARDS NO. 128, "EARNINGS PER SHARE."
</FN>
        



</TABLE>