AMENDMENT NO. 1 DATED MAY 11, 2005 TO ATTACHMENT C
OF THE CUSTODIAN AGREEMENT DATED AUGUST 2, 2004
PORTFOLIOS OF OLD MUTUAL ADVISOR FUNDS (the "Trust")
This Attachment C to the Custodian Agreement (the "Agreement") dated
August 2, 2004, by and between Wachovia Bank, National Association and the
Trust, is amended as of May 11, 2005 to add the Old Mutual Copper Rock Emerging
Growth Fund and Old Mutual Analytic Defensive Equity Fund to the Agreement. The
Portfolios of the Trust that will receive services pursuant to the Agreement
are:
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 Advisor Funds Wachovia Bank, National Association
By:______________________________ By:_____________________________
Name: ___________________________ Name: __________________________
Title: ____________________________ Title: ___________________________
