MFS SERIES TRUST III
485BPOS, EX-99.8(B), 2000-05-30
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                                                                 EXHIBIT 99.8(b)

                                                         EXHIBIT NO. 99.8(b)

                              MFS SERIES TRUST III
              500 Boylston Street o Boston o Massachusetts o 02116
                                (617) o 954-5000

                                                                  April 1, 1999

MFS Service Center, Inc.
500 Boylston Street
Boston, MA 02116

Dear Sir/Madam:

         This will confirm our understanding that Exhibit B to the Shareholder
Servicing Agent Agreement between us, dated August 1, 1985, as amended, is
hereby amended, effective immediately, to read in its entirety as set forth on
Attachment 1 hereto.

         Please indicate your acceptance of the foregoing by signing below.

                                                   Sincerely,

                                                   MFS SERIES TRUST III

                                                   By: W. THOMAS LONDON
                                                       -----------------------
                                                       W. Thomas London
                                                       Treasurer

Accepted and Agreed:

MFS SERVICE CENTER, INC.

By: JOSEPH W. DELLO RUSSO
    ----------------------------
     Joseph W. Dello Russo
     Treasurer
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                                                             ATTACHMENT 1
                                                            April 1, 1999

                          EXHIBIT B TO THE SHAREHOLDER
                        SERVICING AGENT AGREEMENT BETWEEN
                        MFS SERVICE CENTER, INC. ("MFSC")
                      AND MFS SERIES TRUST III (the "Fund")

The fees to be paid by the Fund on behalf of its series with respect to all
shares of each series of the Fund to MFSC, for MFSC's services as shareholder
servicing agent, shall be 0.1000% of the average daily net assets of the Fund,
subject to applicable performance-related adjustments.




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