ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND, INC.
GLOBAL BOND PORTFOLIO

FORMER POLICIES
CURRENT POLICIES

Investment Objective:
Fundamental:
The Portfolio's investment objective is to seek a high level of return from a
combination of current income and capital appreciation by investing in a
globally diversified portfolio of high-quality debt securities denominated in
the U.S. Dollar and a range of foreign currencies.
Non-fundamental:
The Portfolio's investment objective is to seek a high level of return from a
combination of current income and capital appreciation by investing in a
globally diversified portfolio of high-quality debt securities denominated in
the U.S. Dollar and a range of foreign currencies.

Fundamental Investment Policies:
The Portfolio may not invest 25% or more of its total assets in securities of
companies engaged principally in any one industry except that this restriction
does not apply to U.S. Government Securities.
The Portfolio may not concentrate investments in an industry, as concentration
may be defined under the 1940 Act or the rules and regulations thereunder (as
such statute, rules or regulations may be amended from time to time) or by
guidance regarding, interpretations of, or exemptive orders under, the 1940
Act or the rules or regulations thereunder published by appropriate regulatory
authorities.
The Portfolio may not borrow money except from banks for temporary or
emergency purposes, including the meeting of redemption requests which might
require the untimely disposition of securities; borrowing in the aggregate may
not exceed 15%, and borrowing for purposes other than meeting redemptions may
not exceed 5% of the value of the Portfolio's total assets (including the
amount borrowed) less liabilities (not including the amount borrowed) at the
time the borrowing is made; securities will not be purchased while borrowings
in  excess of 5% of the value of the Portfolio's total assets are outstanding.



Related non-fundamental policy:
Under the 1940 Act, the Portfolio is not permitted to borrow unless
immediately after such borrowing there is "asset coverage," as that term
is defined and used in the 1940 Act, of at least 300% for all borrowings of
the Portfolio.  In addition, under the 1940 Act, in the event asset coverage
falls below 300%, a Portfolio must within three days reduce the amount of its
borrowing to such an extent that the asset coverage of its borrowings is at
least 300%.
The Portfolio may not issue any senior security (as that term is defined in
the 1940 Act) or borrow money, except to the extent permitted by the 1940 Act
or the rules and regulations thereunder (as such statute, rules or regulations
may be amended from time to time) or by guidance regarding, or interpretations
of, or exemptive orders under, the 1940 Act or the rules or regulations
thereunder published by appropriate regulatory authorities.
For the purposes of this restriction, margin and collateral arrangements,
including, for example, with respect to permitted borrowings, options, futures
contracts, options on futures contracts and other derivatives such as swaps
are not deemed to involve the issuance of a senior security.

Related non-fundamental policy eliminated.
The Portfolio may not issue senior securities, except as permitted under the
1940 Act and interpretations thereunder.
Policy eliminated.  See above policy.
The Portfolio may not pledge, hypothecate, mortgage or otherwise encumber its
assets, except to secure permitted borrowing.
Policy eliminated.
The Portfolio may not invest in illiquid securities if immediately after such
investment more than 10% of the Portfolio's total assets (taken at market
value) would be invested in such securities.




Related non-fundamental policy:
The Portfolio may invest up to 10% of its total assets in illiquid securities.
Fundamental policy eliminated.

New non-fundamental policy:
The Portfolio will limit its investment in illiquid securities to no more than
15% of net assets or such other amount permitted by guidance regarding
the 1940 Act.

Related non-fundamental policy eliminated.
The Portfolio may not make loans except through (a) the purchase of debt
obligations in accordance with its investment objectives and policies;
(b) the lending of portfolio securities; or (c) the use of repurchase
agreements. The Portfolio may not make loans except through (i) the purchase
of debt obligations in accordance with its investment objectives and policies;
(ii) the lending of portfolio securities; (iii) the use of repurchase
agreements; or (iv) the making of loans to affiliated funds as permitted
under the 1940 Act, the rules and regulations thereunder (as such statutes,
rule or regulations may be amended from time to time), or by guidance
regarding, and interpretations of, or exemptive orders under, the 1940 Act.
The Portfolio may not participate on a joint or joint and several basis in
any securities trading account.
Policy eliminated.
The Portfolio may not invest in companies for the purpose of exercising
control.
Policy eliminated.
The Portfolio may not sell securities short or maintain a short position,
unless at all times when a short position is open it owns an equal amount
of such securities or securities convertible into or exchangeable for, without
payment of any further consideration, securities of the same issue as, and
equal in amount to, the securities sold short (short sales against the box),
and unless not more than 10% of the Portfolio's net assets (taken at market
value) is held as collateral for such sales at any one time (it is the
Portfolio's present intention to make such sales only for the purpose of
deferring realization of gain or loss for federal income tax purposes).
Fundamental policy eliminated.

New non-fundamental policy:
The Portfolio may sell securities short or maintain a short position.
The Portfolio may not purchase a security if, as a result (unless the security
is acquired pursuant to a plan of reorganization or an offer of exchange), the
Portfolio would own any securities of an open-end investment company or more
than 3% of the total outstanding voting stock of any closed-end investment
company, or more than 5% of the value of the Portfolio's total assets would be
invested in securities of any one or more closed-end investment companies.





Related non-fundamental policy:
Under the 1940 Act, the Portfolio may invest not more than 10% of its total
assets in securities of other investment companies.  In addition, under
the 1940 Act each Portfolio may not own more than 3% of the total outstanding
voting stock of any investment company and not more than 5% of the value of
each Portfolio's total assets may be invested in the securities of any
investment company.
The Portfolio may invest in the securities of other investment companies,
including exchange-traded funds, to the extent permitted under the 1940 Act or
the rules and regulations thereunder (as such statute, rules or regulations
may be amended from time to time) or by guidance regarding, interpretations
of, or exemptive orders under, the 1940 Act or the rules or regulations
thereunder published by appropriate regulatory authorities.






Related non-fundamental policy eliminated.
The Portfolio may not purchase or sell real estate, except that it may
purchase and sell securities of companies which deal in real estate or
interests therein.
The Portfolio may not purchase or sell real estate except that it may dispose
of real estate acquired as a result of the ownership of securities or other
instruments.  This restriction does not prohibit the Fund from investing in
securities or other instruments backed by real estate or in securities of
companies engaged in the real estate business.
The Portfolio may not purchase or sell commodities or commodity contracts
(except currencies, futures contracts on currencies and related options,
forward currency exchange contracts or contracts for the future acquisition
or delivery of fixed-income securities and related options, futures contracts
and options on futures contracts and other similar contracts).

Related non-fundamental policy:
The Portfolio adheres to two percentage restrictions on the use of futures
contracts.  The first restriction is that the Portfolio will not enter into
any future contracts and options on futures contracts if immediately
thereafter the amount of initial margin deposits on all the futures contracts
of the Portfolio and premiums paid on options on futures contracts would
exceed 5% of the total assets of the Portfolio.  The second restriction is
that the aggregate market value of the futures contracts held by the Portfolio
not exceed 50% of the total assets of the Portfolio.  Neither of these
restrictions will be changed by the Portfolio without considering the policies
and concerns of the various applicable federal and state regulatory agencies.
The Portfolio may not purchase or sell commodities regulated by the Commodity
Futures Trading Commission under the Commodity Exchange Act or commodities
contracts except for futures contracts and options on futures contracts.




Related non-fundamental policy eliminated.
The Portfolio may not invest in interests in oil, gas, or other mineral
exploration or development programs.
Policy eliminated.
The Portfolio may not purchase securities on margin, except for such
short-term credits as may be necessary for the clearance of transactions.
Fundamental policy eliminated.

New non-fundamental policy:
The Portfolio may not purchase securities on margin, except (i) as otherwise
provided under rules adopted by the SEC under the 1940 Act or by guidance
regarding the 1940 Act, or interpretations thereof, and (ii) that the
Portfolio may obtain such short-term credits as are necessary for the
clearance of portfolio transactions, and the Portfolio may make margin
payments in connection with futures contracts, options, forward contracts,
swaps, caps, floors, collars and other financial instruments.
[...in connection with the qualification of its shares for sale in certain
states] the Portfolio may not invest in warrants if, such warrants valued at
the lower cost or market, would exceed 5% of the value of the Portfolio's net
assets.
Fundamental policy eliminated.

New non-fundamental policy:
The Portfolio may invest in rights and warrants.

Non-fundamental Investment Policies:
The Portfolio may make loans of portfolio securities of up to 20% of its
assets.
The Portfolio may lend portfolio securities to the extent permitted under
the 1940 Act or the rules and regulations thereunder (as such statute, rules
or regulations may be amended from time to time) or by guidance regarding,
interpretations of, or exemptive orders under, the 1940 Act
The Portfolio will limit its investments in standby commitments so that the
aggregate purchase price of the securities subject to the commitments does not
exceed 20% of its assets.
The Portfolio may invest in standby commitments.
The Portfolio may purchase and sell forward currency exchange contracts for up
to 50% of its assets.
The Portfolio may purchase and sell forward currency exchange contracts.


SK 00250 0073 695656















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