POWER OF ATTORNEY
-----------------
NEUBERGER BERMAN INCOME FUNDS, a Delaware business trust (the "Trust"),
and each of its undersigned officers and trustees hereby nominates, constitutes
and appoints Theodore P. Giuliano, Michael J. Weiner, Richard M. Phillips,
Arthur C. Delibert, Susan M. Casey and Dana L. Platt (with full power to each of
them to act alone) its/his/her true and lawful attorney-in-fact and agent, for
it/him/her and on its/his/her behalf and in its/his/her name, place and stead in
any and all capacities, to make, execute and sign the Trust's Registration
Statement on Form N-14, and any and all amendments thereto, and to file with the
Securities and Exchange Commission, and any other regulatory authority having
jurisdiction over the offer and sale of shares of any series of the Trust, any
such registration statement or amendment, and any and all supplements thereto or
to any prospectus or statement of additional information forming a part thereof,
and any and all exhibits and other documents requisite in connection therewith,
granting unto said attorneys, and each of them, full power and authority to do
and perform each and every act and thing requisite and necessary to be done in
and about the premises as fully to all intents and purposes as the Trust and the
undersigned officers and trustees itself/themselves might or could do.
IN WITNESS WHEREOF, NEUBERGER BERMAN INCOME FUNDS has caused this power of
attorney to be executed in its name by its President, and attested by its
Secretary, and the undersigned officers and trustees have hereunto set their
hands this 6th day of June, 2000.
NEUBERGER BERMAN INCOME FUNDS
By: /s/ Peter E. Sundman
----------------------------
Peter E. Sundman
President and Chief Executive Officer
[SEAL]
ATTEST:
/s/ Claudia A. Brandon
---------------------------
Claudia A. Brandon,
Secretary
[Signatures Continued on Next Page]
<PAGE>
SIGNATURE TITLE
/s/ John Cannon Trustee
------------------------
John Cannon
/s/ Theodore P. Giuliano Chairman of the Board and
------------------------- Trustee
Theodore P. Giuliano
/s/ Barry Hirsch Trustee
-------------------------
Barry Hirsch
/s/ Robert A. Kavesh Trustee
-------------------------
Robert A. Kavesh
[Signatures Continued on Next Page]
<PAGE>
SIGNATURE TITLE
/s/ William E. Rulon Trustee
-------------------------
William E. Rulon
/s/ Candace L. Straight Trustee
-------------------------
Candace L. Straight
/s/ Claudia A. Brandon Secretary
-------------------------
Claudia A. Brandon
/s/ Richard Russell Treasurer and Principal
------------------------- Accounting Officer
Richard Russell
/s/ Michael J. Weiner Vice President and
------------------------- Principal Financial Officer
Michael J. Weiner
<PAGE>
POWER OF ATTORNEY
INCOME MANAGERS TRUST, a Delaware business trust (the "Trust"), and each
of its undersigned officers and trustees hereby nominates, constitutes and
appoints Theodore P. Giuliano, Michael J. Weiner, Richard M. Phillips, Arthur C.
Delibert, Susan M. Casey and Dana L. Platt (with full power to each of them to
act alone) its/his/her true and lawful attorney-in-fact and agent, for
it/him/her and on its/his/her behalf and in its/his/her name, place and stead in
any and all capacities, to make, execute and sign the Registration Statement on
Form N-14 of Neuberger Berman Income Trust, a feeder fund investing in the
Trust, and any and all amendments thereto, and to file with the Securities and
Exchange Commission, and any other regulatory authority having jurisdiction over
the offer and sale of shares of such feeder fund, any such registration
statement or amendment, and any and all supplements thereto or to any prospectus
or statement of additional information forming a part thereof, and any and all
exhibits and other documents requisite in connection therewith, granting unto
said attorneys, and each of them, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in and about the
premises as fully to all intents and purposes as the Trust and the undersigned
officers and trustees itself/themselves might or could do.
IN WITNESS WHEREOF, INCOME MANAGERS TRUST has caused this power of
attorney to be executed in its name by its President, and attested by its
Secretary, and the undersigned officers and trustees have hereunto set their
hands this 6th day of June, 2000.
INCOME MANAGERS TRUST
By: /s/ Peter E. Sundman
-------------------------------------
Peter E. Sundman
President and Chief Executive Officer
[SEAL]
ATTEST:
/s/ Claudia A. Brandon
--------------------------
Claudia A. Brandon,
Secretary
[Signatures Continued on Next Page]
<PAGE>
SIGNATURE TITLE
/s/ John Cannon Trustee
--------------------------
John Cannon
/s/ Theodore P. Giuliano Chairman of the Board and
--------------------------
Theodore P. Giuliano Trustee
/s/ Barry Hirsch Trustee
--------------------------
Barry Hirsch
/s/ Robert A. Kavesh Trustee
--------------------------
Robert A. Kavesh
[Signatures Continued on Next Page]
<PAGE>
SIGNATURE TITLE
/s/ William E. Rulon Trustee
--------------------------
William E. Rulon
/s/ Candace L. Straight Trustee
--------------------------
Candace L. Straight
/s/ Claudia A. Brandon Secretary
--------------------------
Claudia A. Brandon
/s/ Richard Russell Treasurer and Principal
-------------------------- Accounting Officer
Richard Russell
/s/ Michael J. Weiner Vice President and
-------------------------- Principal Financial Officer
Michael J. Weiner
