Exhibit 23 (m) viii under Form N-1A
Exhibit 1 under Item 601/Reg. S-K
EXHIBIT P
to the
Distribution Plan
FEDERATED EQUITY FUNDS
FEDERATED NEW ECONOMY FUND
CLASS A SHARES
This Distribution Plan is adopted by Federated Equity Funds with respect to
the Class of Shares of the Trust set forth above.
In compensation for the services provided pursuant to this Plan, FSC will
be paid a monthly fee computed at the annual rate of .25 of 1% of the average
aggregate net asset value of the Class A Shares of Federated New American
Economy Fund held during the month.
Witness the due execution hereof this 1st day of June, 2000.
FEDERATED EQUITY FUNDS
By: /S/ J. CHRISTOPHER DONAHUE
Name: J. Christopher Donahue
Title: Executive Vice President
EXHIBIT Q
to the
Distribution Plan
FEDERATED EQUITY FUNDS
FEDERATED NEW ECONOMY FUND
CLASS C SHARES
This Distribution Plan is adopted by Federated Equity Funds with respect to
the Class of Shares of the Trust set forth above.
In compensation for the services provided pursuant to this Plan, FSC will
be paid a monthly fee computed at the annual rate of .75 of 1% of the average
aggregate net asset value of the Class C Shares of Federated New American
Economy Fund held during the month.
Witness the due execution hereof this 1st day of June, 2000.
FEDERATED EQUITY FUNDS
By: /S/ J. CHRISTOPHER DONAHUE
Name: J. Christopher Donahue
Title: Executive Vice President
