ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND, INC.
GLOBAL DOLLAR GOVERNMENT PORTFOLIO

FORMER POLICIES
CURRENT POLICIES

Investment Objective:
Fundamental:
The Portfolio's investment objective is to seek a high level of current
income.
Its secondary investment objective is capital appreciation.
Non-fundamental:
The Portfolio's investment objective is to seek a high level of current
income.
Its secondary investment objective is capital appreciation.

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 (a) the Portfolio may, in
accordance with provisions of the 1940 Act, borrow money 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 or purposes
other than meeting redemptions may not exceed 5% of the value of the
Portfolio's total assets (including the amount borrowed) at the time the
borrowing is made; outstanding borrowings in excess of 5% of the value
of the Portfolio's total assets will be repaid before any subsequent
investments are made and (b) the Portfolio may enter into reverse
repurchase agreements and dollar rolls.




Related non-fundamental policies:
While it does not currently intend to do so, the Portfolio reserves the
right to borrow an amount not to exceed one-third of the Portfolio's net
assets.
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.

New non-fundamental policy:
The Portfolio may enter into reverse repurchase agreements and dollar rolls.

Related non-fundamental policies eliminated.
The Portfolio may not issue senior securities, except as permitted under
the 1940 Act and interpretations thereunder.
Policy eliminated.  See above.
The Portfolio may not pledge, hypothecate, mortgage or otherwise encumber
its assets, except to secure permitted borrowing.
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 invest in companies for the purpose of exercising
control.
Policy eliminated.
The Portfolio may not make short sales of securities 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 being 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).

Related non-fundamental policy:
The Portfolio may make short sales of securities "against the box" or
maintain a short position of up to 10% of its net assets.
Fundamental policy eliminated.

New non-fundamental policy:
The Portfolio may sell securities short or maintain a short position.



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 and securities that are secured by real estate, provided
such securities are securities of the type in which the Portfolio may invest.
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,
including futures contracts (except forward commitment contracts or
contracts for the future acquisition or delivery of debt securities.
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.
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.

Non-fundamental Investment Policies:
The Portfolio may invest up to 10% of its total assets in other investment
companies whose investment objectives and policies are consistent with
those of the Portfolio.






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 enter into forward commitments for up to 30% of its
total assets.
The Portfolio may enter into forward commitments.
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.
Policy eliminated.
The Portfolio may make loans of portfolio securities of up to 30% of its
net 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 may invest in illiquid securities of up to 15% of its total
assets.
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.
The Portfolio may invest up to 25% of its total assets in Participations
and Assignments.
The Portfolio may invest in Participations and Assignments.
Alliance expects that the average weighted maturity of the Portfolio's
investments will normally range between five and 25 years.
Policy eliminated.


SK 00250 0073 695670