Description by Nikon:

Compact, lightweight G-type fast telephoto zoom lens with Vibration Reduction

• 70-200mm G-type high-power zoom lens (no aperture ring); 105-300mm equivalent with D1-series and D100 digital SLR
• VR operation offers the equivalent of using a shutter speed 3 stops faster
• Two VR modes are available; Normal and Active
• ED (Extra-low Dispersion) glass elements minimize chromatic aberration, provide higher resolution and superior contrast
• Nikon’s exclusive SWM for swift autofocusing with superior accuracy and ultra-quiet operation
• The rounded diaphragm opening (9 blades) makes out-of-focus elements appear more natural
• New cosmetic design identical to current AF-S Nikkor lenses
• Resistance to water drops equivalent to those of telephoto AF-S lenses