EXHIBIT INDEX
(d)(3) Investment Management Services Agreement between Registrant on behalf
of AXP Variable Portfolio - Income Opportunities Fund and AXP Variable
Portfolio - Inflation Protected Securities Fund, and American Express
Financial Corporation, dated April 8, 2004.
(g)(10) Custodian Agreement between Registrant on behalf of AXP Variable
Portfolio - Income Opportunities Fund and AXP Variable Portfolio -
Inflation Protected Securities Fund, and American Express Trust
Company, dated April 8, 2004.
(h)(8) Administrative Services Agreement between Registrant on behalf of AXP
Variable Portfolio - Income Opportunities Fund and AXP Variable
Portfolio - Inflation Protected Securities Fund, and American Express
Financial Corporation, dated April 8, 2004.
(i) Opinion and consent of counsel as to the legality of the securities
being registered.
(m)(4) Plan and Agreement of Distribution between Registrant on behalf of AXP
Variable Portfolio - Income Opportunities Fund and AXP Variable
Portfolio - Inflation Protected Securities Fund and IDS Life Insurance
Company, dated April 8, 2004.
(q)(1) Directors' Power of Attorney, to sign Amendments to this Registration
Statement dated July 7, 2004.