Amendment to Fee Waiver Agreement This agreement between AXP International Equity Index Fund, AXP Mid Cap Index Fund, AXP Nasdaq 100 Index, AXP S&P 500 Index Fund, Total Stock Market Index Fund (each a "Fund"), American Express Financial Corporation...

                                  Amendment to
                              Fee Waiver Agreement

This agreement between AXP International Equity Index Fund, AXP Mid Cap Index
Fund, AXP Nasdaq 100 Index, AXP S&P 500 Index Fund, Total Stock Market Index
Fund (each a "Fund"), American Express Financial Corporation ("AEFC") and
American Express Client Service Corporation ("AECSC") dated September 9, 1999
(the "Agreement") is hereby amended as follows:

     The Agreement will terminate on January 31, 2002 unless  extended as to any
     Fund by written agreement of that Fund, AEFC and AECSC.

This amendment is dated as of January 31, 2001.

AXP Market Advantage Series, Inc.
         AXP International Equity Index Fund
         AXP Mid Cap Index Fund
         AXP Nasdaq 100 Index Fund
         AXP S&P 500 Index Fund
         AXP Total Stock Market Index Fund



By:  /s/ Xxxxxx X. Xxx
     -----------------
         Xxxxxx X. Xxx
         Vice President



AMERICAN EXPRESS FINANCIAL CORPORATION



By:  /s/ Xxxxx X. Xxxxx
     --------------------
         Xxxxx X. Xxxxx
         Vice President



AMERICAN EXPRESS CLIENT SERVICE CORPORATION



By:  /s/ Xxxxxxx Xxxxx
     ---------------------
         Xxxxxxx Xxxxx
         Vice President