PILGRIM ADVISORY FUNDS, INC.
CERTIFICATE OF CORRECTION
Pilgrim Advisory Funds, Inc., a Maryland corporation (hereinafter called
the "Corporation"), hereby certifies to the State Department of Assessments and
Taxation of Maryland that:
FIRST: The title of the document being corrected hereby is Articles of
Amendment.
SECOND: The name of the parties signing the document, as it appeared in the
Articles of Amendment of the Corporation are Michael J. Roland, Senior Vice
President and Principal Financial Officer and James M. Hennessy, Senior
Executive Vice President and Secretary.
THIRD: The Articles of Amendment of the Corporation to be corrected hereby
were filed on September 22, 2000.
FOURTH: Article First of the Articles of Amendment of the Corporation as
previously filed reads as follows:
FIRST: The Charter of the Corporation is hereby amended further to
provide that the Corporation's "Pilgrim America Masters Asia-Pacific
Equity Fund" series is hereby redesignated the "Pilgrim Asia-Pacific
Equity Fund."
Article First of the Articles of Amendment of the Corporation as corrected
shall read as follows:
FIRST: The Charter of the Corporation is hereby amended further to
provide that the Corporation's "Pilgrim America Masters Series Asia
Pacific Equity Fund" series is hereby redesignated the "Pilgrim
Asia-Pacific Equity Fund."
IN WITNESS WHEREOF, Pilgrim Advisory Funds, Inc. has caused this
Certificate of Correction to be signed in its name and on its behalf by the
signatories to the Articles of Amendment of the Corporation on this 2nd day of
October, 2000.
PILGRIM ADVISORY FUNDS, INC.
By: /s/ Michael J. Roland
------------------------------------
Michael J. Roland
Senior Vice President and Principal
Financial Officer
ATTEST:
/s/ James M. Hennessy
----------------------------
By: James M. Hennessy
Senior Executive Vice President and Secretary
