EXHIBIT 9(b)(xiii)
LETTER AGREEMENT
SSgA Intermediate Municipal Bond Fund
Administration Agreement
May 30, 2000
Frank Russell Investment Management Company
909 A Street
Tacoma, WA 98402
Ladies and Gentlemen:
Pursuant to Paragraph 1 of the Administration Agreement between the SSgA Funds
and Frank Russell Investment Management Company, dated April 12, 1988, as
amended, the SSgA Funds advise you that it is creating a new series to be named
SSgA Intermediate Municipal Bond Fund (the "Fund"), and that the SSgA Funds
desire Frank Russell Investment Management Company to serve as Administrator
with respect to the Fund pursuant to the terms and conditions of the
Administration Agreement. The Administrator to the Fund will charge a fee for
its services to the Funds as determined by the currently effective
Administration Agreement.
Notwithstanding anything to the contrary in Paragraph 11(b), the initial term of
the Administration Agreement with respect to the Fund shall be until April 12,
2000.
Please acknowledge your acceptance of acting as Administrator to the Fund by
executing this letter agreement in the space provided below and then returning
it to the undersigned.
Sincerely,
SSgA FUNDS
By: /s/ Lynn L. Anderson
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Lynn L. Anderson
President
ACKNOWLEDGED AND ACCEPTED
Frank Russell Investment Management Company
By: /s/ J. David Griswold
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J. David Griswold
Associate General Counsel
and Assistant Secretary