AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT BETWEEN CONSECO VARIABLE INSURANCE COMPANY, INVESCO VARIABLE INVESTMENT FUNDS, INC. AND INVESCO FUNDS GROUP, INC.

                                  AMENDMENT TO
                        ADMINISTRATIVE SERVICES AGREEMENT
                   BETWEEN CONSECO VARIABLE INSURANCE COMPANY,
                     INVESCO VARIABLE INVESTMENT FUNDS, INC.
                          AND INVESCO FUNDS GROUP, INC.


     WHEREAS,  INVESCO  Funds  Group,  Inc.  ("INVESCO")  and  Conseco  Variable
Insurance  Company  ("Conseco"),  have  entered  into a  certain  Administrative
Services Agreement effective as of the 31st day of December, 1999 ("Agreement");
and

     WHEREAS,  the  parties  desire  to  amend  said  Agreement  in  the  manner
hereinafter set forth;

     NOW,  THEREFORE,  the parties  hereby amend the  Agreement in the following
form:

     1.  Section  III (a) is  deleted  in its  entirety  and  replaced  with the
following:

          a)   INVESCO  Shall pay to  Conseco  an  Administrative  Services  Fee
               (hereinafter,  the "Quarterly  Fee") equal to a percentage of the
               average  daily  net  assets  of  the  Portfolio  attributable  to
               Contracts offered by Conseco,  at the annual rate of 0.30% on the
               aggregate  net  assets  placed by Conseco  in the  INVESCO  VIF -
               Equity Income Fund,  the INVESCO VIF - Financial  Services  Fund,
               the INVESCO VIF - Health  Sciences  Fund,  the INVESCO VIF - High
               Yield Fund, the INVESCO VIF - Real Estate  Opportunity  Fund, the
               INVESCO   VIF  -   Technology   Fund,   and  the  INVESCO  VIF  -
               Telecommunications Fund, as may be amended from time to time. The
               Quarterly  Fee is in  consideration  of the expenses  incurred by
               Conseco  pursuant  to Section II hereof.  The  payment of the Fee
               shall commence on the date first indicated below.

     IN WITNESS  WHEREOF,  each of the parties has caused this  Amendment  to be
executed in its name on its behalf by its duly authorized  representatives as of
May 22, 2001.


INVESCO FUNDS GROUP, INC.                      CONSECO VARIABLE INSURANCE
COMPANY

By:     /s/Xxxxxx X. Xxxxxx                    By:    /s/Xxxx X. Xxxxxxxx
        ----------------------------                  -----------------------
Name:   Xxxxxx X. Xxxxxx                       Name:  XXXX X. XXXXXXXX
        ----------------------------                  -----------------------
Title:  Senior Vice President                  Title: Senior Vice President
        ----------------------------                  -----------------------
Date:   05/22/01                               Date:  05/22/01
        ----------------------------                  -----------------------

INVESCO VARIABLE INVESTMENT FUNDS, INC.

By:     /s/Xxxxxx X. Xxxxxx
        ----------------------------
Name:   Xxxxxx X. Xxxxxx
        ----------------------------
Title:  Senior Vice President
        ----------------------------
Date:   05/22/01
        ----------------------------