<PAGE>
Exhibit q(1)
CITIFUNDS PREMIUM TRUST
The undersigned hereby constitutes and appoints the persons named on Exhibit A
hereto and each of them, with full powers of substitution as his true and lawful
attorneys and agents to execute in his name and on his behalf in any and all
capacities the Registration Statements on Form N-1A, and any and all amendments
thereto, filed by CitiFunds Premium Trust (on behalf of each of its series now
or hereinafter created) (the "Registrant") with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, and under the
Investment Company Act of 1940, as amended, and any and all other instruments
which such attorneys and agents, or any of them, deem necessary or advisable to
enable the Registrant to comply with the Securities Act of 1933, as amended, and
the Investment Company Act of 1940, as amended, the rules, regulations and
requirements of the Securities and Exchange Commission, and the securities or
Blue Sky laws of any state or other jurisdiction; and the undersigned hereby
ratifies and confirms as his own act and deed any and all that such attorneys
and agents, or any of them, shall do or cause to be done by virtue hereof. Any
one of such attorneys and agents shall have, and may exercise, all of the powers
hereby conferred.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this ___ day of
December, 2000.
Heath B. McLendon
--------------------------
Heath B. McLendon
<PAGE>
Exhibit A
---------
Lewis E. Daidone
Irving David
Robert I. Frenkel
Thomas C. Mandia
Rosemary D. Emmens
Harris Golblat
<PAGE>
Exhibit q(1)
CITIFUNDS PREMIUM TRUST
The undersigned hereby constitutes and appoints the persons named on Exhibit A
hereto and each of them, with full powers of substitution as his true and lawful
attorneys and agents to execute in his name and on his behalf in any and all
capacities the Registration Statements on Form N-1A, and any and all amendments
thereto, filed by CitiFunds Premium Trust (on behalf of each of its series now
or hereinafter created) (the "Registrant") with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, and under the
Investment Company Act of 1940, as amended, and any and all other instruments
which such attorneys and agents, or any of them, deem necessary or advisable to
enable the Registrant to comply with the Securities Act of 1933, as amended, and
the Investment Company Act of 1940, as amended, the rules, regulations and
requirements of the Securities and Exchange Commission, and the securities or
Blue Sky laws of any state or other jurisdiction; and the undersigned hereby
ratifies and confirms as his own act and deed any and all that such attorneys
and agents, or any of them, shall do or cause to be done by virtue hereof. Any
one of such attorneys and agents shall have, and may exercise, all of the powers
hereby conferred.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this ___ day of
December, 2000.
Irving David
--------------------------
Irving David
<PAGE>
Exhibit A
---------
Lewis E. Daidone
Robert I. Frenkel
Thomas C. Mandia
Heath B. McLendon
Rosemary D. Emmens
Harris Golblat
<PAGE>
Exhibit q(1)
CITIFUNDS PREMIUM TRUST
The undersigned, pursuant to his powers of substitution under Powers of Attorney
previously granted by each of Mark T. Finn and Riley C. Gilley (the
"Principals"), hereby constitutes and appoints the persons named on Exhibit A
hereto and each of them, with full powers of substitution, as the Principals'
true and lawful attorneys and agents to execute in each of their names and on
each of their behalf in any and all capacities the Registration Statements on
Form N-1A, and any and all amendments thereto, filed by CitiFunds Premium Trust
(on behalf of each of its series now or hereinafter created) (the "Registrant")
with the Securities and Exchange Commission under the Investment Company Act of
1933, as amended, and under the Investment Company Act of 1940, as aamended, and
any and all other instruments which such attorneys and agents, or any of them,
deem necessary or advisable to enable the Registrant to comply with the
Investment Company Act of 1933, as amended, and Investment Company Act of 1940,
as amended, the rules, regulations and requirements of the Securities and
Exchange Commission, and the securities or Blue Sky laws of any state or other
jurisdiction; and the undersigned hereby ratifies and confirms as his own act
and deed any and all that such attorneys and agents, or any of them, shall do or
cause to be done by virtue hereof. Any one of such attorneys and agents shall
have, and may exercise, all of the powers hereby conferred.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 29th day of
December, 2000.
Philip W. Coolidge
--------------------------
Philip W. Coolidge
<PAGE>
Exhibit A
Lewis E. Daidone
Irving David
Robert I. Frenkel
Heath B. McLendon
Thomas C. Mandia
Rosemary D. Emmens
Harris Golblat
<PAGE>
Exhibit q(1)
CITIFUNDS PREMIUM TRUST
The undersigned hereby constitutes and appoints the persons named on Exhibit A
hereto and each of them, with full powers of substitution, as his true and
lawful attorneys and agents to execute in his name and on his behalf in any and
all capacities the Registration Statements on Form N-1A, and any and all
amendments thereto, filed by CitiFunds Premium Trust (on behalf of each of its
series now or hereinafter created) (the "Registrant") with the Securities and
Exchange Commission under the Investment Company Act of 1933, as amended, and
under the Investment Company Act of 1940 as amended, and any and all other
instruments which such attorneys and agents, or any of them, deem necessary or
advisable to enable the Registrant to comply with the Investment Company Act of
1933, as amended, and the Investment Company Act of 1940, as amended, the rules,
regulations and requirements of the Securities and Exchange Commission, and the
securities or Blue Sky laws of any state or other jurisdiction; and the
undersigned hereby ratifies and confirms as his own act and deed any and all
that such attorneys and agents, or any of them, shall do or cause to be done by
virtue hereof. Any one of such attorneys and agents shall have, and may
exercise, all of the powers hereby conferred.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 29th day of
December, 2000.
Philip W. Coolidge
-------------------------
Philip W. Coolidge
<PAGE>
Exhibit A
Lewis E. Daidone
Irving David
Robert I. Frenkel
Heath B. McLendon
Thomas C. Mandia
Rosemary D. Emmens
Harris Golblat
