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AllianceBernstein is a trusted partner to many of the world’s leading insurance providers, providing comprehensive investment management and a wealth of supporting services. If you are a financial advisor, log on to our advisor site for more information. AllianceBernstein Variable Products Series Fund, Inc. Portfolios AllianceBernstein Variable Products Series Fund, Inc. (AB VPS) portfolios are available through variable annuity and variable life contracts offered by other financial institutions. For additional information regarding an investment in these portfolios, please contact your financial advisor. Below is a list of portfolios in the AllianceBernstein VPS series. To view the individual holdings in the portfolios, select the individual portfolio name below. Asset Allocation Portfolio AllianceBernstein VPS Balanced Wealth Strategy Portfolio† Growth Portfolios AllianceBernstein VPS Growth Portfolio AllianceBernstein VPS International Growth* AllianceBernstein VPS Large Cap Growth Portfolio AllianceBernstein VPS Small Cap Growth Portfolio Value Portfolios AllianceBernstein VPS Growth and Income Portfolio AllianceBernstein VPS International Value Portfolio AllianceBernstein VPS Real Estate Investment Portfolio AllianceBernstein VPS Small/Mid Cap Value Portfolio AllianceBernstein VPS Value Portfolio Thematic Equity Portfolio AllianceBernstein VPS Global Thematic Growth (formerly AllianceBernstein VPS Global Technology Portfolio) Fixed Income Portfolios AllianceBernstein VPS Money Market Portfolio AllianceBernstein VPS Intermediate Bond Portfolio (formerly AllianceBernstein VPS U.S. Government/High Grade Securities Portfolio)** †At the close of business on September 26, 2008, this portfolio acquired the Variable Product Series Balanced Shares Portfolio. Please consult the prospectus for more information. *At the close of business on December 7, 2007, this portfolio acquired the Variable Product Series International Research Growth Fund. Please consult the prospectus for more information. **At the close of business on April 25, 2008, this portfolio acquired the Variable Product Series Americas Government Income Portfolio, the Variable Product Series Global Bond Portfolio, the Variable Product Series Global Dollar Government Portfolio, and the Variable Product Series High Yield Portfolio. Please consult the prospectus for more information. IMPORTANT: The investment portfolios within AllianceBernstein Variable Products Series Fund, Inc. are not available for direct investment. These portfolios serve as the funding vehicles for variable life insurance and annuity contracts issued by insurance companies and other financial institutions. Please contact your financial advisor directly for more information. Portfolio holdings information is as of the date shown on the holdings pages and should not be construed as an investment recommendation to purchase such securities. Holdings are subject to change at any time and are not necessarily indicative of a future portfolio composition. AllianceBernstein reserves the right to withhold certain holdings information when deemed necessary if it is in the Fund’s interest to do so. Please consider the investment objectives, risks, charges and expenses carefully before investing. You can obtain variable life insurance and annuity contracts information (non-AllianceBernstein products), including our underlying portfolio prospectuses, which contains this and other information by contacting your Financial Advisor. Please read the prospectus carefully before you invest.