DIRECTORS/TRUSTEES POWER OF ATTORNEY
City of Minneapolis
State of Minnesota
Each of the undersigned, as directors and trustees of the below listed
open-end, diversified investment companies that previously have filed
registration statements and amendments thereto pursuant to the requirements of
the Securities Act of 1933 and the Investment Company Act of 1940 with the
Securities and Exchange Commission:
1933 Act 1940 Act
Reg. Number Reg. Number
AXP Fixed Income Series, Inc. 2-51586 811-2503
AXP California Tax-Exempt Trust 33-5103 811-4646
AXP Discovery Series, Inc. 2-72174 811-3178
AXP Equity Series, Inc. 2-13188 811-772
AXP High Yield Income Series, Inc. 2-86637 811-3848
AXP Government Income Series, Inc. 2-96512 811-4260
AXP Global Series, Inc. 33-25824 811-5696
AXP Growth Series, Inc. 2-38355 811-2111
AXP High Yield Tax-Exempt Series, Inc. 2-63552 811-2901
AXP International Series, Inc. 2-92309 811-4075
AXP Investment Series, Inc. 2-11328 811-54
AXP Managed Series, Inc. 2-93801 811-4133
AXP Market Advantage Series, Inc. 33-30770 811-5897
AXP Money Market Series, Inc. 2-54516 811-2591
AXP Dimensions Series, Inc. 2-28529 811-1629
AXP Selected Series, Inc. 2-93745 811-4132
AXP Progressive Series, Inc. 2-30059 811-1714
AXP Income Series, Inc. 2-10700 811-499
AXP Special Tax-Exempt Series Trust 33-5102 811-4647
AXP Stock Series, Inc. 2-11358 811-498
AXP Strategy Series, Inc. 2-89288 811-3956
AXP Tax-Exempt Series, Inc. 2-57328 811-2686
AXP Tax-Free Money Series, Inc. 2-66868 811-3003
AXP Sector Series, Inc. 33-20872 811-5522
AXP Partners Series, Inc. 333-57852 811-10321
AXP Partners International Series, Inc. 333-64010 811-10427
AXP Variable Portfolio-Partners Series, Inc 333-61346 811-10383
AXP Variable Portfolio-Investment Series, Inc. 2-73115 811-3218
AXP Variable Portfolio-Managed Series, Inc. 2-96367 811-4252
AXP Variable Portfolio-Money Market Series, Inc. 2-72584 811-3190
AXP Variable Portfolio-Income Series, Inc. 2-73113 811-3219
hereby constitutes and appoints Arne H. Carlson, any other member of the Boards
who is not an interested person of the investment manager, and Leslie L. Ogg or
any one of these persons individually, as her or his attorney-in-fact and agent,
to sign for her or him in her or his name, place and stead any and all further
amendments to said registration statements filed pursuant to said Acts and any
rules and regulations thereunder, and to file such amendments with all exhibits
thereto and other documents in connection therewith with the Securities and
Exchange Commission, granting to either of them the full power and authority to
do and perform each and every act required and necessary to be done in
connection therewith.
Dated the 7th day of January, 2004.
/s/ Arne H. Carlson /s/ Stephen R. Lewis, Jr.
- ---------------------------- ----------------------------
Arne H. Carlson Stephen R. Lewis, Jr.
/s/ Philip J. Carroll, Jr. /s/ Alan G. Quasha
- ---------------------------- ----------------------------
Philip J. Carroll, Jr. Alan G. Quasha
/s/ Livio D. DeSimone /s/ Stephen W. Roszell
- ---------------------------- ----------------------------
Livio D. DeSimone Stephen W. Roszell
/s/ Barbara H. Fraser /s/ Alan K. Simpson
- ---------------------------- ----------------------------
Barbara H. Fraser Alan K. Simpson
/s/ Heinz F. Hutter /s/ Alison Taunton-Rigby
- ---------------------------- ----------------------------
Heinz F. Hutter Alison Taunton-Rigby
/s/ Anne P. Jones /s/ William F. Truscott
- ---------------------------- ----------------------------
Anne P. Jones William F. Truscott