497 1 d983906_497.txt [AB LOGO] ALLIANCEBERNSTEIN VARIABLE PRODUCTS SERIES FUND, INC. - AllianceBernstein Utility Income Portfolio - AllianceBernstein Wealth Appreciation Strategy Portfolio -------------------------------------------------------------------------------- Supplement dated May 7, 2009 to the Prospectus dated May 1, 2009 for AllianceBernstein Variable Products Series Fund, Inc. (the "Prospectus"), offering Class A and Class B shares of the AllianceBernstein Utility Income Portfolio and the AllianceBernstein Wealth Appreciation Strategy Portfolio (each a "Portfolio" and together the "Portfolios"). At a meeting of the Board of Directors of AllianceBernstein Variable Products Series Fund, Inc. (the "Fund") held on May 5-7, 2009, the Board of the Fund approved the liquidation and termination of the Portfolios (the "Liquidations"). The Separate Accounts will give their Contractowners 60 days' notice of the Liquidations. The process of liquidating the Portfolios' securities to raise cash may commence prior to the expiration of the 60 days' notice period and continue thereafter. The Liquidations are expected to be consummated in the third quarter of 2009 and the liquidating distributions will be made shortly thereafter. This Supplement should be read in conjunction with the Prospectus for the Portfolios. You should retain this Supplement with your Prospectus 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 0292 983906 v3