Abstract: A continuously variable transmission including a first pulley means, a second pulley means and an elongate, flexible endless transmission element that is passed over both the first pulley means and the second pulley means, wherein the first pulley means include two sheaves which are adjustable in an axial direction of the first rotation axis line, and an adjusting means for moving the two adjustable sheaves toward and away from each other in the axial direction for setting an operative radius of the first pulley means at which the transmission element is passed over the first pulley means, wherein the first pulley means is provided with alignment means for causing the two movable sheaves to jointly move additionally in the axial direction of the first rotation axis under the influence of a force exerted in axial direction on the first pulley means by the transmission element while maintaining the operative radius.