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SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
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<PER-SHARE-NAV-BEGIN> 4.58
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<NAME> IDS EXTRA INCOME FUND CLASS B
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EXHIBIT 77D for IDS Extra Income Fund, Inc.
At the Board of Directors meetings held on October 7-8, 1998, the following
investment policies were eliminated:
The Fund will not pledge or mortgage its assets beyond 15% of total assets.
The Fund will not invest more than 5% of its total assets in securities
of companies including any predecessors, that have a record of less than
three years continuous operations.
The Fund will not invest more than 5% of its net assets in warrants.
The Fund will not invest in exploration or development programs such as
oil, gas or mineral leases.
The Fund will not purchase securities of an issuer if the board members
and officers of the Fund, the Portfolio and of American Express Financial
Corporations (AEFC) hold more than a certain percentage of the issuer's
outstanding securities. If the holdings of all board members and officers
of the Fund, the Portfolio and AEFC
who own more than 0.5% if an issuer's securities are added together, and if
in total they own more than 5%, the Portfolio will not purchase securities
of that issuer.
