ARTICLES OF AMENDMENT
PILGRIM GLOBAL TECHNOLOGY FUND, INC.
Pilgrim Global Technology Fund, Inc., a Maryland corporation (hereinafter
called the "Corporation"), hereby certifies to the State Department of
Assessments and Taxation of Maryland that:
FIRST: The Corporation is authorized to issue one billion (1,000,000,000)
shares of Common Stock, one tenth of one cent ($0.001) par value per share, with
an aggregate par value of one million dollars ($1,000,000) which have been
previously classified as follows: five hundred million (500,000,000) shares are
designated "Pilgrim Global Technology Fund" series and five hundred million
(500,000,000) shares are unclassified. All of the shares of Common Stock of each
series are designated as one class of shares. These Articles of Amendment do not
increase the total authorized capital stock of the Corporation or the aggregate
par value thereof.
SECOND: The Board of Directors hereby redesignates the five hundred million
(500,000,000) shares of Pilgrim Global Technology Fund Series Common Stock as
Pilgrim Global Technology Fund Series Class A Common Stock.
THIRD: The foregoing amendments to the charter of the Corporation were
approved by a majority of the entire Board of Directors of the Corporation; the
charter amendments are limited to changes expressly permitted by Section 2-605
of Title 2 of Subtitle 6 of the Maryland General Corporation Law to be made
without action by the stockholders.
The undersigned Senior Vice President of the Corporation acknowledges these
Articles of Amendment to be the corporate act of the Corporation and states that
to the best of his knowledge, information and belief, the matters and facts set
forth in these Articles with respect to authorization and approval are true in
all material respects and that this statement is made under penalties of
perjury.
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IN WITNESS WHEREOF, Pilgrim Global Technology Fund, Inc. has caused these
Articles of Amendment to be signed and filed in its name and on its behalf by
its Senior Vice President, and witnessed by its Assistant Secretary on
_______________, 2000.
Pilgrim Global technology Fund, Inc.
By:
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By: Robert S. Naka
Senior Vice President
ATTEST:
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By: Kimberly A. Anderson
Assistant Secretary
