AMENDMENT TO CUSTODY AGREEMENT
This amendment, dated _________ ___, 2000, is between CMC Trust Fund
(the "Customer"), and The Chase Manhattan Bank (the "Custodian"). It amends the
custody agreement ("Custody Agreement"), dated June 4, 1993, between the
Customer and Morgan Stanley Trust Company ("MSTC"), a predecessor custodian to
the Custodian.
RECITALS
A. The Customer has certain accounts with the Custodian which currently
are maintained on systems owned and operated by Morgan Stanley, Dean Witter and
Co. and its affiliates ("Morgan Stanley"). It is anticipated that these accounts
will be converted in due course to the Custodian's proprietary systems.
B. The parties recognize, however, that the Custody Agreement does not
fully reflect their agreement with respect to the global custody accounts
described in Recital A following the conversion to the Custodian's proprietary
systems because, among other things, the Procedures Manual (as defined in
Section 1 of the Custody Agreement) will not be in effect with respect to
accounts maintained on the Custodian's proprietary systems.
AMENDMENT
In consideration of the foregoing, the parties agree as follows:
1. The last two sentences of Section 1 of the Agreement are hereby deleted. All
other references to the "Procedures Manual" in the Custody Agreement are
deleted.
2. Section 2 is amended by (i) deleting existing Exhibit A and substituting the
Exhibit A annexed hereto in lieu thereof, and (ii) deleting the last 2 sentences
thereof.
3. Section 3(b)(i) of the Custody Agreement is modified by adding the following
after the word "administration":
"or in the case of cash deposits, except for liens or rights in favor
of creditors of the Subcustodian arising under bankruptcy, insolvency
or similar laws".
4. Existing Sections 6 and 7 are deleted and the following shall be added in
lieu thereof as new Section 6:
(a) Property shall be transferred, exchanged or delivered by
the Custodian or its Subcustodian in accordance with Section 8 hereof
or upon receipt by the Custodian of Authorized Instructions which
include all information required by the Custodian. Settlement and
payment for Property received for, and delivery of Property out of, the
Account may be made in accordance with the customary or established
securities trading or securities processing practices and procedures in
the jurisdiction or market in which the
<PAGE>
2
transaction occurs, including, without limitation, delivery of Property
to a purchaser, dealer or their agents against a receipt with the
expectation of receiving later payment and free delivery. Delivery of
Property out of the Account may also be made in any manner specifically
required by Authorized Instructions acceptable to the Custodian.
(b) If the Custodian credits the Account on a payable date, or
at any time prior to actual collection and reconciliation to the
Account, with interest, dividends, redemptions or any other amount due,
the Customer shall promptly return any such amount upon oral or written
notification: (i) that such amount has not been received in the
ordinary course of business or (ii) that such amount was incorrectly
credited. If the Customer does not promptly return any amount upon such
notification, the Custodian shall be entitled, upon oral or written
notification to the Customer, to reverse such credit by debiting the
Account for the amount previously credited. The Custodian or its
Subcustodian shall have no duty or obligation to institute legal
proceedings, file a claim or a proof of claim in any insolvency
proceeding or take any other action with respect to the collection of
such amount, but may act for the Customer upon Authorized Instructions
after consultation with the Customer.
(c) The Custodian, in its discretion, may credit or debit the
Account on a contractual settlement date with cash or Property with
respect to any sale, exchange or purchase of Property. Otherwise, such
transactions shall be credited or debited to the Account on the date
cash or Property are actually received by the Custodian and reconciled
to the Account.
(i) The Custodian may reverse credits or debits
made to the Account in its discretion if the
related transaction fails to settle within a
reasonable period, determined by the
Custodian in its discretion, after the
contractual settlement date for the related
transaction.
(ii) If any Property delivered pursuant to this
Section 6 are returned by the recipient
thereof, the Custodian may reverse the
credits and debits of the particular
transaction at any time.
(d) To facilitate the administration of the Fund's trading and
investment activity, when instructed by specific or standing
instruction, the Custodian is authorized to enter into spot or forward
foreign exchange contracts with the Fund or an Authorized Person (as
defined in Section 9) for the Fund and may also provide foreign
exchange through its Affiliates or Subcustodians. Authorized
Instructions, including standing instructions, may be issued with
respect to such contracts but the Custodian may establish rules or
limitations concerning any foreign exchange facility made available. In
all cases where the Custodian, its Affiliates or Subcustodians enter
into a separate master foreign exchange contract with the Fund that
covers foreign exchange transactions for the Accounts, the terms and
conditions of that foreign exchange contract and, to the extent not
inconsistent, this Agreement shall apply to such transactions. For
purposes hereof, the term "Affiliate" shall mean an entity controlling,
controlled by, or under common control with, Custodian.
<PAGE>
3
5. The following is substituted in lieu of existing Section 7:
7. Corporate Action. (a) Whenever the Custodian receives
information concerning the Property which requires discretionary action
by the beneficial owner of the Property (other than a proxy), such as
subscription rights, bonus issues, stock repurchase plans and rights
offerings, or legal notices or other material intended to be
transmitted to securities holders ("Corporate Actions"), the Custodian
shall give the Customer notice of such Corporate Actions to the extent
that the Custodian's central corporate actions department has actual
knowledge of a Corporate Action in time to notify its customers.
When a rights entitlement or a fractional interest resulting
from a rights issue, stock dividend, stock split or similar Corporate
Action is received which bears an expiration date, the Custodian shall
endeavor to obtain Authorized Instructions from the Customer or its
Authorized Person, but if Authorized Instructions are not received in
time for the Custodian to take timely action, or actual notice of such
Corporate Action was received too late to seek Authorized Instructions,
the Custodian is authorized to sell such rights entitlement or
fractional interest and to credit the Deposit Account with the proceeds
or take any other action it deems, in good faith, to be appropriate in
which case it shall be held harmless for any such action.
(b) The Custodian shall provide proxy voting
services, if elected by the Customer, in accordance with the terms of
the proxy voting services rider hereto. Proxy voting services may be
provided by the Custodian or, in whole or in part, by one or more third
parties appointed by the Custodian (which may be Affiliates of the
Custodian).
6. The following shall be added to the Custody Agreement as Section 7A:
7A. Tax Reclaims. (a) Subject to the provisions hereof, the
Custodian shall apply for a reduction of withholding tax and any refund
of any tax paid or tax credits which apply in each applicable market in
respect of income payments on Property for the Customer's benefit which
the Custodian believes may be available to the Customer.
(b) The provision of tax reclaim services by the
Custodian is conditional upon the Custodian's receiving from the
Customer or, to the extent the Property are beneficially owned by
others, from each beneficial owner, A) a declaration of the beneficial
owner's identity and place of residence and (B) certain other
documentation (pro forma copies of which are available from the
Custodian). The Customer acknowledges that, if the Custodian does not
receive such declarations, documentation and information the Custodian
shall be unable to provide tax reclaim services.
(c) The Custodian shall not be liable to the Customer
or any third party for any taxes, fines or penalties payable by the
Custodian or the Customer, and shall be indemnified accordingly,
whether these result from the inaccurate completion of documents by the
Customer or any third party, or as a result of the provision to the
Custodian or any third party of inaccurate or misleading information or
the withholding of material
<PAGE>
4
information by the Customer or any other third party, or as a result of
any delay of any revenue authority or any other matter beyond the
Custodian's control.
(d) The Custodian shall perform tax reclaim services
only with respect to taxation levied by the revenue authorities of the
countries notified to the Customer from time to time and the Custodian
may, by notification in writing, at the Custodian's absolute
discretion, supplement or amend the markets in which tax reclaim
services are offered. Other than as expressly provided in this
sub-clause, the Custodian shall have no responsibility with regard to
the Customer's tax position or status in any jurisdiction.
(e) The Customer confirms that the Custodian is
authorized to disclose any information requested by any revenue
authority or any governmental body in relation to the Customer or the
securities and/or cash held for the Customer.
(f) Tax reclaim services may be provided by the
Custodian or, in whole or in part, by one or more third parties
appointed by the Custodian (which may be the Affiliates); provided that
the Custodian shall be liable for the performance of any such third
party to the same extent as the Custodian would have been if the
Custodian performed such services.
(g) The Customer confirms that the Custodian is
authorized to deduct from any cash received or credited to the Account
any taxes or levies required by any revenue or governmental authority
for whatever reason in respect of the Custody Account.
(h) If the Custodian does not receive appropriate
declarations, documentation and information then additional United
Kingdom taxation shall be deducted from all income received in respect
of the Property issued outside the United Kingdom and any applicable
United States withholding tax shall be deducted from income received
from the Property. The Customer shall provide to the Custodian such
documentation and information as the Custodian may require in
connection with taxation, and warrants that, when given, this
information shall be true and correct in every respect, not misleading
in any way, and contain all material information. The Customer
undertakes to notify the Custodian immediately if any such information
requires updating or amendment.
(i) The Customer shall be responsible for the
payment of all taxes relating to the
Property in the Custody Account, and the
Customer agrees to pay, indemnify and hold
the Custodian harmless from and against any
and all liabilities, penalties, interest or
additions to tax with respect to or
resulting from, any delay in, or failure by,
the Custodian (1) to pay, withhold or report
any U.S. federal, state or local taxes or
foreign taxes imposed on, or (2) to report
interest, dividend or other income paid or
credited to the Cash Account, whether such
failure or delay by the Custodian to pay,
withhold or report tax or income is the
result of (x) the Customer's failure to
comply with the terms of this paragraph, or
(y) the Custodian's own acts or omissions;
provided however, the Customer shall not be
<PAGE>
5
liable to the Custodian for any penalty or
additions to tax due as a result of the
Custodian's failure to pay or withhold tax
or to report interest, dividend or other
income paid or credited to the Cash Account
solely as a result of the Custodian's
negligent acts or omissions.
7. Section 9 of the Custody Agreement is modified by adding the following at the
end thereof:
Where appropriate, the Customer shall certify to the Custodian the
names and specimen signatures of Persons authorized to act for the
Customer in relation to the Custodian ("Authorized Person"). The
Customer represents and warrants to the Custodian that each Authorized
Person certified to the Custodian is authorized to issue Authorized
Instructions on behalf of the Customer.
8. Section 14 of the Custody Agreement is modified by adding the following at
the end thereof:
Without limiting the foregoing, Custodian shall not be liable for any
loss which results from: 1) the general risk of investing, or 2)
investing or holding Property in a particular country including, but
not limited to, losses resulting from malfunction, interruption of or
error in the transmission of information caused by any machines or
system or interruption of communication facilities, abnormal operating
conditions, nationalization, expropriation or other governmental
actions; regulation of the Custodian or securities industry; currency
restrictions, devaluations or fluctuations; and market conditions which
prevent the orderly execution of securities transactions or affect the
value of Property.
9. Add the following as a new Section 20 of the Custody Agreement captioned
"Specific Exclusions":
Custodian shall have no duty or responsibility to: (i) question
Authorized Instructions or make any suggestions to Customer or an
Authorized Person regarding such Authorized Instructions; (ii) advise
Customer or an Authorized Person regarding any default in the payment
of principal or income of any security other than as provided in
Section 6(b) hereof; (iii) evaluate or report to Customer or an
Authorized Person regarding the financial condition of any broker,
agent or other party to which Property is delivered or payments are
made pursuant hereto; and (iv) review or reconcile trade confirmations
received from brokers. Customer or its Authorized Persons issuing
Authorized Instructions shall bear any responsibility to review such
confirmations against Authorized Instructions issued to and statements
issued by Custodian.
10. Section 18 is modified by deleting the reference to Morgan Stanley Trust
Company and its address and inserting, in lieu thereof, the following: The Chase
Manhattan Bank, 4 Chase MetroTech Center, Brooklyn, N.Y. 11245, Attention:
Global Investor Services.
<PAGE>
6
11. Section 19 is amended by deleting the reference to Morgan Stanley Group Inc.
and inserting The Chase Manhattan Bank in lieu thereof.
12. This Amendment shall be effective for any account upon conversion to the
Custodian's proprietary systems. This Amendment shall not apply to any accounts
opened on the Custodian's proprietary systems which are governed by any custody
agreement between the Custodian and the Customer.
13. Except as modified hereby, the Custody Agreement is confirmed in all
respects.
THE CHASE MANHATTAN BANK
By:
-------------------------------------
Title:
----------------------------------
Date:
-----------------------------------
CMC TRUST FUND
By:
-------------------------------------
Title:
----------------------------------
Date:
-----------------------------------
<PAGE>
[LOGO] CHASE
SUB-CUSTODIANS EMPLOYED BY
--------------------------
THE CHASE MANHATTAN BANK, GLOBAL CUSTODY
----------------------------------------
For Columbia Funds Management - Appendix A
------------------------------------------
PLEASE NOTE: All payments made to Correspondent banks listed below should
be made for the account of Chase Manhattan, London. Please
reference account name and account number.
<TABLE>
<CAPTION>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
<S> <C> <C>
ARGENTINA Citibank, N.A. Banco Generale de Negocios
----------- Bartolome Mitre 502/30 Buenos Aires
1036 Buenos Aires
ARGENTINA
BIC CODE: CITIARB1
AUSTRALIA The Chase Manhattan Bank The Chase Manhattan Bank
----------- Level 37 Sydney
AAP Center
259, George Street
Sydney NSW 2000
AUSTRALIA
BIC CODE: CHASAU2X CHASAU2X
AUSTRIA Bank Austria AG Chase Manhattan Bank AG
--------- Julius Tandler Platz - 3 Frankfurt
Vienna A-1011
AUSTRIA
BIC CODE: BKAUTWW CHASDEFX
BAHRAIN The British Bank of the Middle East National Bank of Bahrain
--------- PO Box 57 Manama
Manama
BAHRAIN
BIC CODE: BBMEBHBX NBOBBHBM
BANGLADESH Standard Chartered Bank Standard Chartered Bank
------------ 18-20 Motijheel C.A. Dhaka
Box 536,
Dhaka-1000
BANGLADESH
BIC CODE: SCBLBDDX SCBLBDDX
BELGIUM Generale Bank Chase Manhattan Bank AG
--------- 3 Montagne Du Parc Frankfurt
1000 Brussels
BELGIUM
BIC CODE: GEBABEBB CHASDEFX
Page - 1 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
BERMUDA The Bank of Bermuda Limited The Bank of Bermuda Ltd
--------- 6 Front Street Hamilton
Hamilton HMDX
BERMUDA
BIC CODE: BBDABMHM BBDABMHM
BOTSWANA Barclays Bank of Botswana Limited Barclays Bank of Botswana Ltd
---------- Barclays House Gaborone
Khama Crescent
Gaborone
BOTSWANA
BIC CODE: BARCGB22 BARCGB22
BRAZIL BankBoston, N.A. BankBoston, N.A.
-------- Rua Libero Badaro, 425-29 andar Sao Paulo
Sao Paulo - SP 01009-000
BRAZIL
BIC CODE: FNBBBRSP FNBBBRSP
BULGARIA ING Bank N.V. ING Bank N.V.
---------- Sofia Branch Sofia
7 Vassil Levski Street
1000 Sofia
BULGARIA
BIC CODE: INGBBGSF INGBBGSF
CANADA The Royal Bank of Canada Royal Bank of Canada
-------- 200 Bay Street, Suite 1500 Toronto
15th Floor
Royal Bank Plaza, North Tower
Toronto
Ontario M5J 2J5
CANADA
BIC CODE: ROYCCAT2 ROYCCAT2
CHILE Citibank, N.A. Citibank, N.A.
------- Avda. Andres Bello 2687 Santiago
3rd and 5th Floors
Santiago
CHILE
BIC CODE: CITICLRM CITICLRM
CHINA - SHANGHAI The Hongkong and Shanghai Banking Citibank, N.A.
---------------- Corporation Limited New York
5/F. Marine Tower
1 Pudong Avenue
Shanghai 200120
THE PEOPLE'S REPUBLIC OF CHINA
BIC CODE: HSBCCNSH CITIUS33
Page - 2 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
CHINA - SHENZHEN The Hongkong and Shanghai Banking The Chase Manhattan Bank
---------------- Corporation Limited Hong Kong
1st Floor
Century Plaza Hotel
No.1 Chun Feng Lu
Shenzhen
THE PEOPLE'S REPUBLIC OF CHINA
BIC CODE: HSBCCNSH CHASHKHH
COLOMBIA Cititrust Colombia S.A. Cititrust Colombia S.A.
---------- Sociedad Fiduciaria Sociedad Fiduciaria
Carrera 9a No 99-02 Santafe de Bogota
First Floor
Santafe de Bogota, DC
COLOMBIA
BIC CODE: CTRUCOB1 CTRUCOB1
CROATIA Privredna banka Zagreb d.d. Privredna banka Zagreb d.d.
--------- Savska c.28 Zagreb
10000 Zagreb
CROATIA
BIC CODE: PBZGHR2X PBZGHR2X
CYPRUS The Cyprus Popular Bank Ltd. Cyprus Popular Bank
-------- 154, Limassol Avenue Nicosia
P.O. Box 22032, CY-1598
Nicosia,
Cyprus
BIC CODE: LIKICY2N LIKICY2N
CZECH REPUBLIC Ceskoslovenska Obchodni Banka, A.S. Ceskoslovenska Obchodni Banka, A.S
-------------- Na Prikope 14 Prague
115 20 Prague 1
CZECH REPUBLIC
BIC CODE: CEKOCZPP CEKOCZPP
DENMARK Den Danske Bank Unibank
--------- 2 Holmens Kanala DK 1091 Copenhagen
Copenhagen
DENMARK
BIC CODE: DABADKKK UNIBDKKK
ECUADOR Citibank, N.A. Citibank, N.A.
--------- Av. Republica de El Salvado y Quito
Naciones Unidas (esquina)
Quito
ECUADOR
BIC CODE: CITIECE1 CITIECE1
Page - 3 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
EGYPT Citibank, N.A. Citibank, N.A.
------- C.R. 173058 Cairo
4 Ahmed Pasha St.
Garden City
Cairo
EGYPT
BIC CODE: CITIEGCX CITIEGCX
ESTONIA Hansabank Esti Uhispank
--------- Liivalaia 8 Tallinn
EE0001 Tallinn
ESTONIA
BIC CODE: HABAEE2X EEUHEE2X
EUROMARKET Euroclear EURO: Chase Manhattan Bank AG
------------ Euroclear Operations Centre Frankfurt
Boulevard Emile Jacqmain 151 For all other currencies: see
B-1210 Brussels relevant country
BELGIUM
Euroclear Participant # 91408
BIC CODE: CHASDEFX
FINLAND Merita Bank Ltd Chase Manhattan Bank AG
--------- 2598 Custody Services Frankfurt
Fabianinkatu 29B
Helsinki
FINLAND
BIC CODE: MRITFIHH CHASDEFX
FRANCE Credit Agricole Indosuez Chase Manhattan Bank AG
-------- 96 Blvd. Haussmann Frankfurt
75008 Paris
FRANCE
BIC CODE: BSUIFRPP CHASDEFX
GERMANY Dresdner Bank AG Chase Manhattan Bank AG
--------- Juergen-Ponto-Platz 1 Frankfurt
Frankfurt/Main
GERMANY
BIC CODE: DRESDEFF CHASDEFX
GHANA Barclays Bank of Ghana Limited Barclays Bank of Ghana Ltd
------- Barclays House Accra
High Street
Accra
GHANA
BIC CODE: BARCGHAC BARCGHAC
Page - 4 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
GREECE Barclays Bank PLC National Bank of Greece S.A.
-------- 1 Kolokotroni Street Athens
10562 Athens
GREECE
BIC CODE: BARCGRAABGS ETHNGRAA
HONG KONG The Hongkong and Shanghai Banking The Hongkong and Shanghai Banking
----------- Corporation Limited Corporation Limited
Hong Kong Main Office Hong Kong
BL 1, 1 Queen's Road Central
HONG KONG
BIC CODE: HSBCHKHH HSBCHKHH
HUNGARY Citibank Budapest Rt. Citibank Budapest Rt.
--------- Szabadsag ter 7-9 Budapest
Budapest V
H-1051
HUNGARY
BIC CODE: CITIHUHX CITIHUHX
UPON CONVERSION OF INDIA ASSETS - NEW AGENT WILL BE STANDARD CHARTERED BANK
INDIA The Hongkong and Shanghai Banking The Hongkong and Shanghai Banking -
----- Corporation Limited Corporation Limited
Sudam Kalu Ahire Marg, Worli Bombay
Mumbai 400 025
INDIA
BIC CODE: HSBCINBB HSBCINBB
INDONESIA The Hongkong and Shanghai Banking Standard Chartered Bank
----------- Corporation Limited Jakarta
World Trade Center
Jl. Jend Sudirman Kav. 29-31
Jakarta 10023
INDONESIA
BIC CODE: HSBCIDJA SCBLIDJX
IRELAND Allied Irish Banks, p.l.c. Chase Manhattan Bank AG
--------- P.O. Box 518 Frankfurt
International Financial Services Centre
Dublin 1
IRELAND
BIC CODE: AIBKIE2D CHASDEFX
ISRAEL Bank Leumi Le-Israel B.M. Bank Leumi Le-Israel B.M.
-------- 35, Yehuda Halevi Street Tel Aviv
61000 Tel Aviv
ISRAEL
BIC CODE: LUMIILIT LUMIILIT
Page - 5 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
ITALY Banque Paribas Chase Manhattan Bank AG
------- 2 Piazza San Fedele Frankfurt
20121 Milan
ITALY
BIC CODE: PARBITMM CHASDEFX
JAPAN The Bank of Tokyo-Mitsubishi, Limited The Chase Manhattan Bank
------- 3-2 Nihombashi Hongkucho 1-chome Tokyo
Chuo-ku
Tokyo 103
JAPAN
BIC CODE: BOTKJPJT CHASJPJT
LUXEMBOURG Banque Generale du Luxembourg S.A. Chase Manhattan Bank AG
------------ 50 Avenue J.F. Kennedy Frankfurt
L-2951
LUXEMBOURG
MALAYSIA HSBC Bank Malaysia Berhard The Chase Manhattan Bank (M) Berhad
---------- 2 Leboh Ampang Kuala Lumpur
50395 Kuala Lumpur
MALAYSIA
BIC CODE: HBMBMYKL CHASMYKK
MAURITIUS The Hongkong and Shanghai Banking The Hongkong and Shanghai Banking
----------- Corporation Limited Corporation Limited
Hong Kong Bank Securities Services Curepipe
5/F Les Cascades Building
Edith Cavell Street
Port Louis
MAURITIUS
BIC CODE: HSBCMLLMLL HSBCMLLMLL
MEXICO Citibank, Mexico, S.A. Chase Manhattan Bank
-------- Paseo de la Reforma 390 Mexico
06695 Mexico, D.F.
MEXICO
BIC CODE: CITIMXMM CHASMXMX
MOROCCO Banque Commerciale du Maroc S.A. Banque Commerciale du Maroc S.A.
--------- 2 Boulevard Moulay Youssef Casablanca
Casablanca 20000
MOROCCO
BIC CODE: BCMAMAMC HSBCINBB
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<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
NAMIBIA Standard Bank Namibia Limited Standard Corporate &
--------- Mutual Platz - 3rd Floor Merchant Bank
P.O.Box 3327 Johannesburg
Windhoek
NAMIBIA
BIC CODE: SBNMNANX SBNMNANX
NETHERLANDS ABN AMRO N.V. Chase Manhattan Bank AG
------------- Securities Centre Frankfurt
P O Box 3200
4800 De Breda
NETHERLANDS
BIC CODE: ABNANLZA CHASDEFX
NEW ZEALAND National Nominees Limited Bank of New Zealand
------------- Level 2 BNZ Tower Wellington
125 Queen Street
Auckland
NEW ZEALAND
BIC CODE: NATANZ22 BKNZNZ22
NORWAY Den norske Bank ASA Den norske Bank ASA
-------- Stranden 21 Oslo
PO Box 1171 Sentrum
N-0107 Oslo
NORWAY
BIC CODE: DNBANOKK DNBANOKK
PERU Citibank, N.A. Citibank, N.A.
------ Camino Real 457 Lima
CC Torre Real - 5th Floor
San Isidro, Lima 27
PERU
BIC CODE: CITIPEP1 CITIPEP1
PHILIPPINES The Hongkong and Shanghai Banking The Hongkong and Shanghai Banking
------------- Corporation Limited Corporation Limited
33/F Tektite Tower B Manila
Exchange Road
Ortigas Center
Pasig City
PHILIPPINES
BIC CODE: HSBCPHMM HSBCPHMM
POLAND Citibank (Poland) S.A. Citibank Warsaw
-------- ul. Senatorska 16 Poland
00-082 Warsaw
POLAND
BIC CODE: CITIPLPX CITIPLPX
Page - 7 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
PORTUGAL Banco Comercial Portugues, S.A. Chase Manhattan Bank AG
---------- Rua Augusta, 62174 Frankfurt
1100 Lisbon
PORTUGAL
BIC CODE: BCOMPTPL CHASDEFX
SINGAPORE Standard Chartered Bank The Chase Manhattan Bank
----------- 3/F, 6 Battery Road Singapore
049909
SINGAPORE
BIC CODE: SCBLSGSG CHASSGSG
SLOVAK REPUBLIC Ceskoslovenska Obchodni Banka A.S. Ceskoslovenska Obchodni Banka A.S.
--------------- Michalska 18 Bratislava
815 63 Bratislava
SLOVAK REPUBLIC
BIC CODE: CEKOSKBX CEKOSKBX
SLOVENIA Bank Austria d.d. Ljubljana Bank Austria d.d. Ljubljana
---------- Kotnikova 5 Ljubljana
SL-61104 Ljubljana
SLOVENIA
BIC CODE: BACXSI22 BACXSI22
SOUTH AFRICA First National Bank of Southern Africa First National Bank of Southern
-------------- Limited Africa Limited
Mezzanine Floor Johannesburg
Bank City 3 First Place
Johannesburg 2001
BIC CODE: FIRNZAJJ FIRNZAJJ
SOUTH KOREA Standard Chartered Bank Standard Chartered Bank
------------- 13th Floor, Nac Wei Building Seoul
9-12 KA, Ulchi-Ro, Chung-Ku
Seoul
SOUTH KOREA
BIC CODE: SCBLKRSE SCBLKRSE
SPAIN Chase Manhattan Bank CMB, S.A. Chase Manhattan Bank AG
------- Paseo de la Castellana, 51 Frankfurt
28046 Madrid
SPAIN
BIC CODE: CHASESMX CHASESMX
Page - 8 -
<PAGE>
COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
SRI LANKA The Hongkong and Shanghai Banking The Hongkong and Shanghai Banking
----------- Corporation Limited Corporation Limited
Unit #02-02 West Block Colombo
World Trade Center
Colombo 1
SRI LANKA
BIC CODE: HSBCLKLX HSBCLKLX
SWEDEN Skandinaviska Enskilda Banken Svenska Handelsbanken
-------- Sergels Torg 2 Stockholm
S-106 40
Stockholm
SWEDEN
BIC CODE: ESSESESS HANDSESS
SWITZERLAND UBS AG UBS AG
------------- 45 Bahnhofstrasse Zurich
8021 Zurich
SWITZERLAND
BIC CODE: UBSWCHZH UBSWCHZH
TAIWAN The Chase Manhattan Bank The Chase Manhattan Bank
-------- 14th Floor Taipei
2, Tun Hwa S. Road Sec. 1
Taipei
TAIWAN
BIC CODE: CHASTWTX CHASTWTX
THAILAND Standard Chartered Bank Standard Chartered Bank
---------- 990 Rama IV Road Bangkok
P.O. Box 320
Bangkok 10500
THAILAND
BIC CODE: SCBLTHBX SCBLTHBX
TUNISIA Banque Internationale Arabe de Tunisie, Banque Internationale Arabe de
--------- S.A. Tunisie, S.A.
70-72 Avenue Habib Bourguiba Tunis
P.O. Box 520
1080 Tunis Cedex
TUNISIA
BIC CODE: BIATTNTT BIATTNTT
TURKEY The Chase Manhattan Bank The Chase Manhattan Bank
-------- Emirhan Cad. No: 145 Istanbul
Atakule, A Blok Kat:11
80700-Dikilitas/Besiktas
Istanbul
TURKEY
BIC CODE: CHASTRIS CHASTRIS
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COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
U.K. The Chase Manhattan Bank The Chase Manhattan Bank
------ Crosby Court London
Ground Floor
38 Bishopsgate
London EC2N 4AJ
UNITED KINGDOM
BIC CODE: CHASGB2L CHASGB2L
URUGUAY BankBoston, N.A. BankBoston, N.A.
--------- Zabala 1463 Montevideo
Montevideo
URUGUAY
BIC CODE: FNBBUYMM FNBBUYMM
U.S.A. The Chase Manhattan Bank The Chase Manhattan Bank
-------- 1 Chase Manhattan Plaza New York
New York
NY 10081
U.S.A.
BIC CODE: CHASUS33 CHASUS33
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DTC Eligible Securities
The Chase Manhattan Bank NA
DTC Participant No: 902
Chase Account No: PS75350 (Chase Omnibus for Cosmic Accounts)
Account name:
Account number:
Agent Bank No: 25787
Institution No:
Physical Transactions (Clearinghouse and FED)
The Chase Manhattan Bank NA
4 New York Plaza
Ground Floor/Receive Window
New York, New York 10004
Ref: Account Name
Ref: Account # _________
Participants Trust Company (PTC) Eligible Securities
The Chase Manhattan Bank
PTC Contra Account: CHASE
Ref: Account Name:
Ref: Account # __________
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COUNTRY SUB-CUSTODIAN CORRESPONDENT BANK
--------- ------------- ------------------
Federal Reserve Book Entry (FBE) Security Transactions
Chase ABA No: 021 0000 21
Chase NYC/CUST
Ref: Account Name:
Ref: Account # __________
FED Wire Instructions (Money Only)
The Chase Manhattan Bank
ABA # 021000021
Acct.# 900-9-000127
FFC: Account Name:
Ref: M. Fioribello - 242.3289
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<S> <C> <C>
VENEZUELA Citibank, N.A. Citibank, N.A.
----------- Carmelitas a Altagracia Caracas
Edificio Citibank
Caracas 1010
VENEZUELA
BIC CODE: CITIVEC1 CITIVEC1
ZAMBIA Barclays Bank of Zambia Limited Barclays Bank of Zambia Ltd
-------- Kafue House Lusaka
Cairo Road
P.O.Box 31936
Lusaka
ZAMBIA
BIC CODE: BARCZMLX BARCZMLX
ZIMBABWE Barclays Bank of Zimbabwe Limited Barclays Bank of Zimbabwe Ltd
---------- 2nd Floor Harare
3 Anchor House
Jason Mayo Avenue
Harare
ZIMBABWE
BIC CODE: BARCZWHXSTS BARCZWHXSTS
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