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Filed pursuant to Rule 497(e).
File Nos. 33-18647 and 811-5398.
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[logo] ALLIANCE VARIABLE PRODUCTS
SERIES FUND, INC.
_________________________________________________________________
Supplement dated July 24, 1996 to Prospectus dated May 1, 1996
of Alliance Variable Products Series Fund, Inc.
Paul Rissman is the person primarily responsible for the
Utility Income Portfolio's investment programs as of July 24,
1996. Mr. Rissman, a Vice President of Alliance has been
associated with Alliance since 1989.
(R): This is a registered mark used under license from the owner,
Alliance Capital Management L.P.
00250292.AX3
