AMENDMENT NO. 2 PARTICIPATION AGREEMENT

AMENDMENT NO. 2

PARTICIPATION AGREEMENT

     The Participation Agreement (the “Agreement”), dated July 24, 2001, by and among AIM Variable Insurance Funds, a Delaware trust, A I M Distributors, Inc., a Delaware corporation, Lincoln Benefit Life Insurance Company, a Nebraska life insurance company, and ALFS, Inc., a Delaware corporation, is hereby amended as follows:

     Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following:

SCHEDULE A

		SEPARATE ACCOUNTS		CONTRACTS FUNDED BY THE
FUNDS AVAILABLE UNDER THE POLICIES		UTILIZING THE FUNDS		SEPARATE ACCOUNTS
Series I shares
AIM V.I. Dent Demographic Trends Fund		Lincoln Benefit Life		• LBL Advantage
		Variable Annuity Account
Effective May 1, 2004
		Lincoln Benefit Life		• Consultant Accumulator VUL
AIM V.I. Basic Value Fund		Variable Life Account		• Consultant Protector VUL
AIM V.I. Capital Appreciation Fund
AIM V.I. Mid Cap Core Fund
AIM V.I. Premier Equity Fund
Series II shares
AIM V.I. Basic Value Fund		Lincoln Benefit Life		• Consultant Solutions Classic
AIM V.I. Capital Appreciation Fund		Variable Annuity Account		• Consultant Solutions Plus
AIM V.I. Dent Demographic Trends Fund				• Consultant Solutions Elite
AIM V.I. Mid Cap Core Fund				• Consultant Solutions Select
AIM V.I. Premier Equity Fund

     All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

Effective Date: January 1, 2004.

				AIM VARIABLE INSURANCE FUNDS
Attest:	/s/ Xxx Xxxxxxxx			By:	/s/ Xxxxxx X. Xxxxxx
	Name:	Xxx Xxxxxxxx			Name:	Xxxxxx X. Xxxxxx
	Title:	Assistant Secretary			Title:	President

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				AIM DISTRIBUTORS, INC.
Attest:	/s/ Xxx Xxxxxxxx			By:	/s/ Gene Needles
	Name:	Xxx Xxxxxxxx			Name:	Gene Needles
	Title:	Assistant Secretary			Title:	President
				LINCOLN BENEFIT LIFE INSURANCE COMPANY
Attest:	/s/ Xxxx Xxxxxxx			By:	/s/ Xxxxxxx X. Xxxxxx Pas
	Name:	Xxxx Xxxxxxx			Name:	Xxxxxxx X. Xxxxxx Pas
	Title:	Fund Relationship Manager			Title:	Assistant Vice President
				ALFS, INC.
Attest:	/s/ Xxxx Xxxxxxx			By:	/s/ J. Xxxxx XxXxxxxx
	Name:	Xxxx Xxxxxxx			Name:	J. Xxxxx XxXxxxxx
	Title:	Fund Relationship Manager			Title:	President

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