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Exhibit p(3)
THE PREMIUM PORTFOLIOS
The undersigned, pursuant to his powers of substitution under Powers of Attorney
previously granted by each of Elliott J. Berv, Mark T. Finn, C. Oscar Morong,
Jr., Walter E. Robb, III, E. Kirby Warren (the "Principals"), hereby constitutes
and appoints the persons named on Exhibit A hereto and each of them, with full
powers of substitution, as the Principals' true and lawful attorneys and agents
to execute in each of their names and on each of their behalf in any and all
capacities the Registration Statements on Form N-1A, and any and all amendments
thereto, filed by The Premium Portfolios (on behalf of each of its series now or
hereinafter created) (the "Registrant") with the Securities and Exchange
Commission under the Investment Company Act of 1940, as amended, the
Registration Statements on Form N-1A, and any and all amendments thereto, to be
executed by the Registrant and filed by another registrant with the Securities
and Exchange Commission under the Investment Company Act of 1940, as amended, or
under the Securities Act of 1933, as amended, and any and all other instruments
which such attorneys and agents, or any of them, deem necessary or advisable to
enable the Registrant to comply with the Investment Company Act of 1940, as
amended, the rules, regulations and requirements of the Securities and Exchange
Commission, and the securities or Blue Sky laws of any state or other
jurisdiction; and the undersigned hereby ratifies and confirms as his own act
and deed any and all that such attorneys and agents, or any of them, shall do or
cause to be done by virtue hereof. Any one of such attorneys and agents shall
have, and may exercise, all of the powers hereby conferred.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 28th day of
December, 2000.
/s/ Philip W. Coolidge
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Philip W. Coolidge
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Exhibit A
Heath B. McLendon
Lewis E. Daidone
Irving David
Robert I. Frenkel
Thomas C. Mandia
Rosemary D. Emmens
Harris Golblat
