A varus-valgus alignment instrument includes a body having a bone contact surface for contacting a distal femur and an opening extending through the body and bone contact surface. The opening is sized to receive an elongate shaft therein. An alignment member is moveably attached to the body and has first and second openings therethrough. The first and second openings are sized to receive the elongate shaft and are interchangeably positioned in alignment with the opening of the body.
