<PAGE>
Form N-18F-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
- -------------------------------------------------------------------------------
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE INVESTMENT COMPANY
ACT OF 1940
- -------------------------------------------------------------------------------
The Glenmede Portfolios
----------------------------
Exact Name of Registrant
The undersigned registered open-end investment company hereby notifies
the Securities and Exchange Commission that it elects to commit itself to paying
in cash all redemptions by a shareholder of record as provided by Rule 18f-1
under the Investment Company Act of 1940. It is understood that this election is
irrevocable while such Rule is in effect unless the Commission by order upon
application permits the withdrawal of this Notification of Election.
Pursuant to the requirements of Rule 18f-1 under the Investment Company
Act of 1940, the registrant has caused this notification of election to be duly
executed on its behalf in the City of Philadelphia and the Commonwealth of
Pennsylvania on the 20th day of January, 2000.
THE GLENMEDE PORTFOLIOS
By: /s/ Mary Ann B. Wirts
--------------------------
Mary Ann B. Wirts
President
Attest: /s/ Michael P. Malloy
----------------------
Michael P. Malloy
Secretary
