ADDENDUM TO INVESTMENT ADVISORY AGREEMENT

The  following  provision  is added to Section 6,  Compensation  to IDS,  of the
Investment  Advisory Agreement between IDS Life Insurance Company (IDS Life) and
IDS/American  Express,  Inc.  (IDS) [now  known as  American  Express  Financial
Corporation]  dated  July 11,  1984.  All other  provisions  of this  Investment
Advisory Agreement remain in full force and effect.

6.  Compensation to IDS. In addition to the fee for services  provided under the
Investment  Advisory  Agreement  described above, IDS Life Series Fund, Inc. for
the  International  Equity  Portfolio shall pay IDS life a fee for each calendar
day of each year  equal to the total of 1/365th  (1/366th  in each leap year) of
0.10% of the total net assets of the International  Equity Portfolio for a total
of  0.35%  of  the  net  assets  of the  International  Equity  Portfolio.  This
additional 0.10% fee shall be paid on a monthly basis in cash by IDS Life to IDS
within five (5) business days after the last day of each month.

(IN WITNESS WHEREOF, the parties have executed the Addendum as of the 1st day of
January, 1995.)


                                                     IDS LIFE INSURANCE COMPANY

Attest:/s/ Nancy Careaga                             By:/s/ Richard W. Kling
           Nancy Careaga                                    Richard W. Kling

Title:  Assistant Secretary                          Title:  President


                                                     AMERICAN EXPRESS FINANCIAL
                                                     CORPORATION

Attest:/s/ Colleen Curran                          By:/s/ William A. Stoltzmann
           Colleen Curran                                 William A. Stoltzmann

Title:       Secretary                                  Title:  Vice President