BERNSTEIN SANFORD C FUND INC
485APOS, EX-99.(H)(10)(F), 2000-11-29
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Exhibit (h)(10)(f)

                               FIRST AMENDMENT TO
                   SECURITIES LENDING AUTHORIZATION AGREEMENT
                                     BETWEEN
         SANFORD C. BERNSTEIN FUND, INC., ON BEHALF OF THE INTERNATIONAL
                               VALUE PORTFOLIO II
                                       AND
                       STATE STREET BANK AND TRUST COMPANY

         WHEREAS, Sanford C. Bernstein Fund, Inc., on behalf of the
International Value Portfolio II (the "Client"), and State Street Bank and Trust
Company, a Massachusetts trust company ("State Street") entered into a
Securities Lending Authorization Agreement dated the 30th day of April 1999 (the
"Agreement");

         WHEREAS, Section 20 of the Agreement provides for the Agreement to be
modified at any time by a writing signed by the party against whom enforcement
is sought;

         WHEREAS, the Client and State Street both desire to amend the Agreement
to modify the list of repurchase agreement counterparties.

         NOW, THEREFORE, for value received and in order to induce the parties
to enter into the amendment contemplated hereby, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties mutually agree to amend the Agreement in the following respects:

         1.  The Agreement is hereby amended by deleting ABN-AMRO Inc. from
             Schedule 7.3-A and replacing it with ABN-AMRO Bank, N.V.

         2.  The Agreement shall remain the same in all other respects.

         The Amendment is effective as of the 26th day of September, 2000.

         IN WITNESS WHEREOF, the parties hereto execute the above Amendment by
affixing their signatures below.

SANFORD C. BERNSTEIN FUND, INC.,
ON BEHALF OF THE INTERNATIONAL
VALUE PORTFOLIO II
By: s/Jean Margo Reid, Secretary

STATE STREET BANK AND TRUST COMPANY
By: s/J.L. Carty, Senior Vice President





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