EXHIBIT INDEX


(d)(1)    Investment Management Services Agreement dated December 1, 2002,
          between Registrant, on behalf AXP Variable Portfolio - Extra Income
          Fund, AXP Variable Portfolio - Federal Income Fund and AXP Variable
          Portfolio - Global Bond Fund, and American Express Financial
          Corporation.

(d)(8)    Investment Management Services Agreement between Registrant on behalf
          of AXP  Variable  Portfolio  - Core  Bond  Fund and  American  Express
          Financial Corporation, dated July 10, 2003.

(d)(19)   Administrative Services Agreement between Registrant on behalf of AXP
          Variable Portfolio - Core Bond Fund and American Express Financial
          Corporation dated July 10, 2003.

(g)(8)    Custodian Agreement between Registrant on behalf of AXP Variable
          Portfolio - Core Bond Fund and American Express Trust Company, dated
          July 10, 2003.

(i)       Opinion and consent of counsel as to the legality of the securities
          being registered.

(j)       Independent Auditors' Consent.

(m)(3)    Plan and Agreement of Distribution between Registrant on behalf of AXP
          Variable Portfolio - Core Bond Fund and IDS Life Insurance Company,
          dated July 10, 2003.