STATE STREET RESEARCH EQUITY TRUST
Amendment No. 2 dated May 1, 2000
to
First Amended and Restated Plan of Distribution Pursuant to Rule 12b-1
dated June 1, 1993
The current series of the above-referenced Trust affected by this Amendment
include:
State Street Research Argo Fund
State Street Research Alpha Fund
State Street Research Global Resources Fund
State Street Research Athletes Fund
Section 2. MAXIMUM EXPENDITURES, first sentence, clause (i) is hereby revised in
its entirety to read as follows:
"(i) with respect to Class A Shares of each Initial Series, an annual rate
of up to 15% of the average daily value of net assets represented by such
Class A shares to finance sales or promotion expenses and an annual rate of
.25% of the average daily value of net assets represented by such Class A
shares to make payments for personal service and/or the maintenance of
shareholder accounts,"
Section 3. PAYMENTS, last paragraph, is hereby amended to add the following at
the end thereof:
"The Distributor shall be entitled to reimbursement in any year for
expenditures incurred by it in any prior year relating to Class A shares."
STATE STREET RESEARCH
EQUITY TRUST
By: /s/ Douglas A. Romich
-------------------------
Douglas A. Romich
Assistant Treasurer
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STATE STREET RESEARCH
INVESTMENT SERVICES, INC.
By: /s/ Kevin Wilkins
-----------------------------
Kevin Wilkins
Executive Vice President
