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  <cfvst11:SupplementTextBlock contextRef="Duration_02May2011_01May2012">&lt;table cellspacing="0" cellpadding="0" width="100%" border="0" align="center" style="font-family: 'Times New Roman'; background-color: rgb(255, 255, 255); border-collapse: collapse;"&gt;&lt;tr bgcolor="#000000"&gt;&lt;td valign="bottom" colspan="5" align="center" bgcolor="#000000"&gt;&lt;p align="center" style="margin-top: 0px; margin-bottom: 0px;"&gt;&lt;font size="2" style="font-family: ARIAL;"&gt;&lt;font size="2" color="#ffffff"&gt;&lt;b&gt;Prospectus Supplement &amp;#151; January&amp;nbsp;18, 2013&lt;/b&gt;&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&lt;p align="center" style="margin-top: 0px; margin-bottom: 1px;"&gt;&lt;font size="2" color="#ffffff" style="font-family: ARIAL;"&gt;&lt;/font&gt;&lt;font size="2" style="font-family: ARIAL;"&gt;&lt;font size="2" color="#ffffff"&gt;&lt;b&gt;to the Prospectus listed below, as supplemented&lt;/b&gt;&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td valign="top"&gt;&lt;font size="2"&gt;&lt;b&gt;Variable&amp;nbsp;Portfolio&amp;nbsp;&amp;#151;&amp;nbsp;Partners&amp;nbsp;Small&amp;nbsp;Cap&amp;nbsp;Growth&amp;nbsp;Fund&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;td valign="bottom"&gt;&lt;font size="1"&gt;&amp;nbsp;&lt;/font&gt;&lt;/td&gt;&lt;td valign="top"&gt;&lt;p style="margin-top: 0px; margin-bottom: 0px;"&gt;&lt;font size="2" style="font-family: 'Times New Roman';"&gt;&lt;b&gt;Prospectus Dated&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;p style="margin-top: 0px; margin-bottom: 1px;"&gt;&lt;font size="2" style="font-family: 'Times New Roman';"&gt;&lt;b&gt;May 1, 2012&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;p align="center"&gt;&lt;/p&gt;&lt;p style="font-family: 'Times New Roman'; font-size: medium; text-align: start; background-color: rgb(255, 255, 255); margin-top: 8px; margin-bottom: 0px;"&gt;&lt;font size="2"&gt;&lt;i&gt;The "Principal Investment Strategies of the Fund" in the Summary of the Fund is superseded and replaced as follows:&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&lt;p style="font-family: 'Times New Roman'; font-size: medium; text-align: start; background-color: rgb(255, 255, 255); margin-top: 4px; margin-bottom: 0px; padding-bottom: 0px;"&gt;&lt;font size="2"&gt;Under normal market conditions, at least 80% of the Fund's net assets (including the amount of any borrowings for investment purposes) are invested in the equity securities of small-capitalization companies. Small-capitalization companies are defined as those companies with a market capitalization of up to $2.5 billion, or that fall within the range of the Russell 2000&lt;font size="1"&gt;&lt;sup style="vertical-align: baseline; position: relative; bottom: 0.8ex;"&gt;&amp;#174;&lt;/sup&gt;&lt;/font&gt;&amp;nbsp;Growth Index (the Index). The market capitalization range of the companies included in the Index was $27 million to $4.6 billion as of December 31, 2012. The market capitalization range and composition of the Index is subject to change. Up to 25% of the Fund's net assets may be invested in foreign investments.&lt;/font&gt;&lt;/p&gt;</cfvst11:SupplementTextBlock>
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