AMENDED AND RESTATED EXHIBIT A DATED AS OF August 20, 2007 TO EXPENSE LIMITATION AGREEMENT DATED AS OF JUNE 15, 2005

Exhibit d(7)

AMENDED AND RESTATED

EXHIBIT A

DATED AS OF August 20, 2007

TO

EXPENSE LIMITATION AGREEMENT

DATED AS OF JUNE 15, 2005

Schedule A to the Expense Limitation Agreement between CRM Mutual Fund Trust and Xxxxxx Xxxxxxxxx XxXxxxx, LLC dated as of June 15, 2005 is hereby amended and restated as of the date set forth above as follows:

Fund		Class		Expense Cap		Termination Date
CRM Small Cap Value Fund		Institutional		1.25%		November 1, 2010
		Investor		1.50%		November 1, 2010
CRM Mid Cap Value Fund		Institutional		1.25%		November 1, 2010
		Investor		1.50%		November 1, 2010
CRM Small/Mid Cap Value Fund		Institutional		1.25%		November 1, 2008
		Investor		1.50%		November 1, 2008
		Advisor		1.75%		November 1, 2008
CRM Mid/Large Cap Value Fund		Institutional		1.25%		November 1, 2010
		Investor		1.50%		November 1, 2010
		Advisor		1.75%		November 1, 2010
CRM All Cap Value Fund		Institutional		1.25%		November 1, 2010
		Investor		1.50%		November 1, 2010
		Advisor		1.75%		November 1, 2010

IN WITNESS WHEREOF the parties have caused this instrument to be signed on their behalf by their respective officers thereunto duly authorized, and their respective seals to be hereunto affixed, all as of the date first written above.

CRM MUTUAL FUND TRUST
By:		/s/ Xxxxxx X. XxXxxxx
Name:		Xxxxxx X. XxXxxxx
Title:		Chief Executive Officer
XXXXXX XXXXXXXXX XXXXXXX, LLC
By:		/s/ Xxxxxx Xxxx
Name:		Xxxxxx Xxxx
Title:		Chief Financial Officer