WADDELL & REED ADVISORS SMALL CAP FUND INC
POS AMI, EX-99.B(H)SCSSACOMP, 2000-10-30
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                                         EX-99.B(h)scssacomp
        WADDELL & REED ADVISORS SMALL CAP FUND, INC.

                          EXHIBIT B
                        COMPENSATION

Class A Shares

An amount payable on the first day of each month of $1.3375
for each account of the Company which was in existence
during any portion of the immediately preceding month.


Class B Shares

An amount payable on the first day of each month of $1.3375
for each account of the Company which was in existence
during any portion of the immediately preceding month.


Class C Shares

An amount payable on the first day of each month of $1.3375
for each account of the Company which was in existence
during any portion of the immediately preceding month.


Class Y Shares

An amount payable on the first day of each month equal to
1/12 of .15 of 1% of the average daily net assets of the
Class for the preceding month.

Effective September 1, 2000




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