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EX 99.A(7)
ARTICLES SUPPLEMENTARY
FLAG INVESTORS SERIES FUNDS, INC.
FLAG INVESTORS SERIES FUNDS, INC. (the "Corporation") having its
principal office in the City of Baltimore, certifies that:
FIRST: The Corporation is registered as an open-end investment company
under the Investment Company Act of 1940, as amended.
SECOND: The Corporation's Board of Directors in accordance with Section
2-105(c) of the Maryland General Corporation Law at a meeting duly convened and
held on March 22, 2000 has adopted a resolution creating a new class of shares
and increasing the number of shares of capital stock which the Corporation has
the authority to issue to thirty eight million (38,000,000) shares of Common
Stock, par value $.001 per share, having an aggregate par value of thirty eight
thousand dollars ($38,000.00), all of which shares are designated as follows:
ten million (10,000,000) shares are designated "Flag Investors International
Equity Fund Class A Shares" (the "Class A Shares"), two million (2,000,000)
shares are designated "Flag Investors International Equity Fund Class B Shares"
(the "Class B Shares"), fifteen million (15,000,000) shares are designated "Flag
Investors International Equity Fund Class C Shares" (the "Class C Shares"), ten
million (10,000,000) shares are designated "Flag Investors International Equity
Fund Institutional Shares" (the "Institutional Shares") and one million
(1,000,000) shares remain undesignated.
THIRD: Immediately before the creation of the Institutional Shares
pursuant to these Articles Supplementary, the Corporation was authorized to
issue twenty-eight million (28,000,000) shares of Common Stock, par value $.001
per share, having an aggregate par value of twenty-eight thousand dollars
($28,000), of which ten million (10,000,000) shares were designated "Flag
Investors International Equity Fund Class A Shares," one million (1,000,000)
shares were designated "Flag Investors International Equity Fund Class B
Shares," fifteen million (15,000,000) shares were designated as "Flag Investors
International Equity Fund Class C Shares" and one million (1,000,000) shares
were undesignated.
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IN WITNESS WHEREOF, Flag Investors Series Funds, Inc. has caused these Articles
Supplementary to be executed by its President and its corporate seal to be
affixed and attested by its Secretary on this 28th day of March, 2000.
[CORPORATE SEAL]
FLAG INVESTORS SERIES FUNDS, INC.
By: /s/ Carl W. Vogt
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Carl W. Vogt
President
Attest: /s/ Amy M. Olmert
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Amy M. Olmert
Secretary
The undersigned, President of FLAG INVESTORS SERIES FUNDS, INC., who
executed on behalf of said corporation the foregoing Articles Supplementary to
the Articles of Incorporation of which this certificate is made a part, hereby
acknowledges, in the name and on behalf of said corporation, the foregoing
Articles Supplementary to the Articles of Incorporation to be the corporate act
of said corporation and further certifies that, to the best of his knowledge,
information and belief, the matters and facts set forth therein with respect to
the approval thereof are true in all material respects, under the penalties of
perjury.
/s/ Carl W. Vogt
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Carl W. Vogt
President
