NEUBERGER BERMAN MANAGEMENT INCORPORATED SUB-ADVISORY AGREEMENT

                    XXXXXXXXX XXXXXX MANAGEMENT INCORPORATED
                             SUB-ADVISORY AGREEMENT

                                   SCHEDULE A


The Series of Income Managers Trust  currently  subject to this Agreement are as
follows:

Xxxxxxxxx Xxxxxx Cash Reserves Portfolio                         July 2,1993
Xxxxxxxxx Xxxxxx Government Money Portfolio                      July 2,1993
Xxxxxxxxx Xxxxxx High Yield Bond Portfolio                       March 2, 1998
Xxxxxxxxx  Xxxxxx  Institutional  Cash  Portfolio                March 7, 2000
Xxxxxxxxx Xxxxxx Limited  Maturity Bond Portfolio                July 2,1993
Xxxxxxxxx  Xxxxxx Municipal Money Portfolio                      July 2,1993
Xxxxxxxxx Xxxxxx Municipal Securities Portfolio                  July 2,1993