AMENDMENT NO. 1 DATED MAY 11, 2005 TO SCHEDULE A OF THE SUB-ADMINISTRATIVE
SERVICES AGREEMENT DATED AUGUST 2, 2004
This Schedule A to the Sub-Administrative Services Agreement dated August 2,
2004 (the "Agreement") between Old Mutual Fund Services and SEI Investments
Mutual Funds Services, is hereby amended as of the 11th day of May, 2005 to add
the Old Mutual Copper Rock Emerging Growth Fund and Old Mutual Analytic
Defensive Equity Fund (the "New Portfolios") to the Agreement. The New
Portfolios shall pay the fees set forth in Section 3 and Schedule B of the
Agreement.
Old Mutual Advisor Funds consists of the following Funds, each of which
is subject to this Agreement:
Old Mutual Asset Allocation Conservative Portfolio
Old Mutual Asset Allocation Balanced Portfolio
Old Mutual Asset Allocation Moderate Growth Portfolio
Old Mutual Asset Allocation Growth Portfolio
Old Mutual Copper Rock Emerging Growth Fund
Old Mutual Analytic Defensive Equity Fund
Old Mutual Fund Services SEI Investments Mutual Funds
Services
By:_________________________ By:_________________________
Name: ______________________ Name: ______________________
Title:________________________ Title:______________________