EXHIBIT A
Effective as of June 26, 2000 this Exhibit A to the Investment Advisory
Agreement between American Express Financial Corporation and American Express
Asset Management International Inc., dated February 11, 1999, is amended to
include AXP European Equity Fund.
American Express Financial Corporation shall pay American Express Asset
Management International Inc. a fee equal on an annual basis as follows:
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<S> <C>
Fund Fee
Emerging Markets Portfolio 0.50% of daily net assets
World Growth Portfolio 0.35% of daily net assets
AXP Global Balanced Fund 0.35% of daily net assets
AXP International Fund 0.35% of daily net assets
AXP Variable Portfolio - Emerging Markets Fund 0.35% of daily net assets
AXP Variable Portfolio - International Equity Fund 0.35% of daily net assets
IDS Life Series Fund - International Equity Portfolio 0.35% of daily net assets
AXP European Equity Fund (effective June 26, 2000) 0.35% of daily net assets
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American Express Financial Corporation shall pay this compensation to American
Express International Inc. in arrears on a monthly basis.
AMERICAN EXPRESS FINANCIAL CORPORATION
BY: /s/ Peter Anderson
Senior Vice President - Investment Operations
AMERICAN EXPRESS ASSET MANAGEMENT INTERNATIONAL INC.
BY: /s/ Peter Lamaison
President and Chief Executive Officer
