X0101 EFFECT 33 LIVE 2006-09-28

N-14

0000764797 DWS VARIABLE SERIES I 333-136422 0000764797 DWS VARIABLE SERIES I S000006245 DWS Capital Growth VIP C000017180 Class A 0000810573 DWS VARIABLE SERIES II S000006259 DWS Legg Mason Aggressive Growth VIP C000017212 Class A 0000764797 DWS VARIABLE SERIES I S000006245 DWS Capital Growth VIP C000017180 Class A 0000810573 DWS VARIABLE SERIES II S000006271 DWS Janus Growth Opportunities VIP C000017235 Class A 0000764797 DWS VARIABLE SERIES I S000006245 DWS Capital Growth VIP C000017180 Class A 0000810573 DWS VARIABLE SERIES II S000006273 DWS Oak Strategic Equity VIP C000017239 Class A 0000764797 DWS VARIABLE SERIES I S000006245 DWS Capital Growth VIP C000017181 Class B 0000810573 DWS VARIABLE SERIES II S000006259 DWS Legg Mason Aggressive Growth VIP C000017213 Class B 0000764797 DWS VARIABLE SERIES I S000006245 DWS Capital Growth VIP C000017181 Class B 0000810573 DWS VARIABLE SERIES II S000006271 DWS Janus Growth Opportunities VIP C000017236 Class B 0000764797 DWS VARIABLE SERIES I S000006245 DWS Capital Growth VIP C000017181 Class B 0000810573 DWS VARIABLE SERIES II S000006273 DWS Oak Strategic Equity VIP C000017240 Class B 0000764797 DWS VARIABLE SERIES I S000006247 DWS Growth & Income VIP C000017184 Class A 0000810573 DWS VARIABLE SERIES II S000006256 DWS Mercury Large Cap Core VIP C000017206 Class A 0000764797 DWS VARIABLE SERIES I S000006247 DWS Growth & Income VIP C000017185 Class B 0000810573 DWS VARIABLE SERIES II S000006256 DWS Mercury Large Cap Core VIP C000017207 Class B 0000764797 DWS VARIABLE SERIES I S000006249 DWS International VIP C000017188 Class A 0000810573 DWS VARIABLE SERIES II S000006263 DWS Templeton Foreign Value VIP C000017220 Class A 0000764797 DWS VARIABLE SERIES I S000006249 DWS International VIP C000017189 Class B 0000810573 DWS VARIABLE SERIES II S000006263 DWS Templeton Foreign Value VIP C000017221 Class B