In this paper, we propose a technique which makes it faster to delete prefixes in an IP address lookup architecture based on parallel TCAMs. In previous deletion schemes, more than one memory movement is needed for the prefix ordering and keeping the available memory space consecutive. For deletion, our scheme stores the address of the deleted prefix in a stack implemented by SRAM instead of actual movement in TCAM. Since SRAM has very short latency compared to TCAM, the proposed scheme can accomplish fast updating. From the experiment with the real forwarding table and update trace, we evaluate the performance of our scheme in terms of the memory access time for the prefix insertion and deletion. The experiment result also shows good performance with considerably small size of stack.