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Kemper Variable Series
o Kemper Technology Growth Portfolio
Supplement To Prospectus Dated May 1, 2000
The following information replaces disclosure in the Portfolio Managers section
of the prospectus:
The following people handle the portfolio's day-to-day management:
Robert L. Horton Blair Treisman
Lead Portfolio Manager o Began investment career in 1993
o Began investment career in 1993 o Joined advisor in 1999
o Joined advisor in 1993 o Joined fund team in 2000
o Joined fund team in 1999
December 11, 2000