ALLIANCEBERNSTEIN
  Investments

                           ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND, INC.
                                       -AllianceBernstein Money Market Portfolio
- --------------------------------------------------------------------------------

Supplement  dated  December  5,  2008 to the  Prospectus  dated  May 1,  2008 of
AllianceBernstein  Variable  Products  Series Fund,  Inc. (the "Fund")  offering
Class A shares of AllianceBernstein Money Market Portfolio (the "Portfolio") and
to the  Prospectus  dated May 1, 2008 of the Fund offering Class B shares of the
Portfolio.

                                    * * * * *

On November 24, 2008, the U.S. Treasury announced the extension of its Temporary
Guarantee  Program for Money Market Funds (the "Program")  until April 30, 2009.
The Program was  originally  due to expire on December 18, 2008. The Program may
be extended  by the  Treasury  for  periods up to  September  18,  2009,  but no
decision has been made to extend the Program  beyond  April 30, 2009.  All money
market funds that  currently  participate  in the Program and meet the extension
requirements are eligible to continue to participate.

The  Fund's  Board of  Directors  (the  "Board")  had  previously  approved  the
participation  by the Portfolio in the Program and has approved the  Portfolio's
continued participation in the Program. The Program continues to apply to shares
of the  Portfolio  held  by  shareholders  as of the  close  of  business  as of
September  19, 2008 (the  "Covered  Shareholders").  Subject to the  limitations
discussed below, the Program will protect Covered  Shareholders if the Portfolio
"breaks the buck",  meaning that the stable net asset value ("NAV") of $1.00 per
share that the  Portfolio  seeks to  maintain  falls  below $.995 per share (the
"Guarantee Event"). In order to qualify for this protection,  the Portfolio must
liquidate  within  approximately 30 days after the Guarantee Event. The Treasury
will cover any shortfall  between the NAV at the time of liquidation and the NAV
of $1.00 per share.

Because  payments  under the Program  continue to apply to Covered  Shareholders
based on the number of shares you held on September 19, 2008,  you would receive
no payments  for any increase in the number of the  Portfolio's  shares you hold
after that  date.  If you close  your  account,  you would not be covered by the
Program.  If the  number  of  shares  you hold in an  account  fluctuates  after
September  19,  2008 due to  purchases  or sales of shares  during  the  Program
period,  you would be covered for the number of shares held in the account as of
the close of business on  September  19 or the number of shares held on the date
of the Guarantee Event,  whichever is less.  Initial  purchases of shares by new
shareholders after September 19 are not eligible for coverage under the Program.

The Portfolio has paid a fee to the Treasury for its continued  participation in
the  Program  in the  amount  of  0.015%  of the  Portfolio's  aggregate  NAV on
September  19.  This is in  addition  to the fee paid by the  Portfolio  for its
initial  participation in the Program of 0.01% of the Portfolio's  aggregate NAV
on September  19. These fees are  expected to increase the  Portfolio's  expense
ratio for Class A shares from approximately 0.94% to 0.99% (annualized).  If the
Program is  extended,  the Board will  consider  whether  the  Portfolio  should
continue  to  participate  and,  if so, the  Portfolio  would be required to pay
additional fees.

More information about the Program is available at www.ustreas.gov.

                                    * * * * *




This  Supplement  should be read in conjunction  with the  Prospectuses  for the
Portfolio.

You should retain this Supplement with your Prospectuses for future reference.


- ----------
AllianceBernstein(R) and the AB Logo are registered trademarks and service marks
used by permission of the owner, AllianceBernstein L.P.



SK 00250 0073 943527