[DESCRIPTION]Report of 10f-3 Transactions
Securities Purchased in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Corporation
Subject to Rule 10f-3 Under the Investment Company Act of 1940
Alliance Variable Product Series Fund, Inc.
Growth Portfolio
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD JANUARY 1, 2000 THROUGH FEBRUARY 29, 2000
<CAPTION>
Total % of
Shares Shares Offering Shares
Date Shares % of FundPrice perPurchased by Offered PurchasedPurchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group From 02/29/00
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
None
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD MARCH 1, 2000 THROUGH MAY 31, 2000
<CAPTION>
Total % of
Shares Shares Offering Shares
Date Shares % of FundPrice perPurchased by Offered PurchasedPurchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group From 05/31/00
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Metlife Inc. 04/04/00 88,000 0.00% $ 14 4,735 202, 2.34%Goldman Sachs 88,
AT&T Wireless Group 04/26/00 331,000 0.00% $ 29 42,949 306, 14.04%Merrill Lynch 331,000
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD JUNE 1, 2000 THROUGH JUNE 30, 2000
<CAPTION>
Total % of
Shares Shares Offering Shares
Date Shares % of FundPrice perPurchased by Offered PurchasedPurchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group From 06/30/00
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
None
</TABLE>
* Unless otherwise indicated, the securities were part of an issue registered
under the Securities Act of 1933 and offered to the public.
**Indicates the purchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, including the Fund, may not exceed: (a) if
purchased in an offering other than an Eligible Rule 144A Offering, 25% of the
principal amount of the offering of such class; or (b) if purchased in an
Eligible Rule 144A Offering, 25% of the total of (i) the principal amount
of the offering of such class sold by underwriters or members of the
selling syndicate to qualified institutional buyers, plus (ii) the principal
amount of the offering of such class in any concurrent public offering.
