<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
SIGNATURE CAROL J. HIGHSMITH
TITLE SECRETARY
STAR SELECT FUNDS AMENDMENT NO. 1
AMENDED AND RESTATED AGREEMENT AND
DECLARATION OF TRUST
- --------------------------------------------------------------------------------
1. Pursuant to Section 4.1 of the Amended and Restated Agreement
and Declaration of Trust, and effective upon execution of this
document, the undersigned, being a majority of the Trustees of
Star Select Funds (the "Trust"), hereby:
a. establish two new classes of the Star Select
REIT-Plus Fund (the "Fund");
b. designate such classes "Class B" and "Class
C"; and
c. redesignate and reclassify the issued and
outstanding shares of the Fund as Class C
shares.
2. The relative rights and preferences of the Class B and Class C
shares of the Fund shall be those rights and preferences set
forth in Section 4.2 of the Declaration of Trust.
3. This document shall have the status of an Amendment to the
Declaration of Trust.
/s/ /s/
Timothy L. Ashburn Daniel J. Condon
/s/ /s/
Philip L. Conover David E. LaBelle
/s/
Jack R. Orben
Dated: February 25, 1998
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<NUMBER> 1
<NAME> REIT-Plus Fund Class B
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<PERIOD-START> APR-1-1998
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 117361
<INVESTMENTS-AT-VALUE> 114422
<RECEIVABLES> 2092
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 217
<TOTAL-ASSETS> 116731
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<SHARES-COMMON-STOCK> 12915
<SHARES-COMMON-PRIOR> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2939)
<NET-ASSETS> 116036
<DIVIDEND-INCOME> 3831
<INTEREST-INCOME> 95
<OTHER-INCOME> 0
<EXPENSES-NET> 839
<NET-INVESTMENT-INCOME> 3087
<REALIZED-GAINS-CURRENT> (161)
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</TABLE>
<TABLE> <S> <C>
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<SERIES>
<NUMBER> 2
<NAME> REIT-Plus Fund Class C
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<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-1-1998
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 35446517
<INVESTMENTS-AT-VALUE> 34558943
<RECEIVABLES> 631752
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 65625
<TOTAL-ASSETS> 35256320
<PAYABLE-FOR-SECURITIES> 0
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<OTHER-ITEMS-LIABILITIES> 57354
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<SHARES-COMMON-PRIOR> 4154073
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<OVERDISTRIBUTION-GAINS> 0
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<INTEREST-INCOME> 28634
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<NET-INVESTMENT-INCOME> 895340
<REALIZED-GAINS-CURRENT> (48644)
<APPREC-INCREASE-CURRENT> (6756920)
<NET-CHANGE-FROM-OPS> (5910224)
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<DISTRIBUTIONS-OF-GAINS> 17459
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 304681
<NUMBER-OF-SHARES-REDEEMED> 535924
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<NET-CHANGE-IN-ASSETS> (8781052)
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</TABLE>