AMENDMENT TO CUSTODIAN AGREEMENT
AMENDMENT
TO
CUSTODIAN AGREEMENT
This
Amendment to
the Custodian Agreement is made as of October 1, 2004, by and between State
Street Bank and Trust Company (the “Custodian”) and each of the investment
companies and other pooled investment vehicles (which may be organized as
corporations, business or other trusts, limited liability companies,
partnerships or other entities) managed by Capital Research and Management
Company and listed on Appendix A of the Custodian Agreement (each a
“Fund”);
WHEREAS,
each Fund
entered into a Custodian Agreement dated as of June 29, 2001, (as amended and
in
effect from time to time, the “Agreement”); and
WHEREAS,
each Fund
and the Custodian desire to amend certain provisions of the Agreement to reflect
revisions to Rule 17f-4 (“Rule 17f-4”), promulgated under the Investment Company
Act of 1940, as amended (the “1940 Act”);
NOW
THEREFORE, in
consideration of the foregoing and the mutual covenants and agreements
hereinafter contained, the parties hereby agree to amend the Agreement, pursuant
to the terms thereof, as follows:
I. Section
3.3 of the
Agreement is hereby deleted and replaced by a new Section 3.3, as of the
effective date of this Amendment, as set forth below:
Section
3.3 Deposit
of Fund
Assets in U.S. Securities Systems.
The
Custodian may
deposit and/or maintain securities owned by the Fund in a U.S. Securities
System; in any such case, the Custodian shall comply fully with the conditions
of Rule 17f-4 of the 1940 Act, as amended from time to time.
II.
Except
as
specifically superseded or modified herein, the terms and provisions of the
Agreement shall continue to apply with full force and effect. In the event
of
any conflict between the terms of the Agreement prior to this Amendment and
this
Amendment, the terms of this Amendment shall prevail.
IN
WITNESS WHEREOF, each of the parties has caused this instrument to be executed
in its name and on its behalf by its duly authorized representative as of the
1st
day of October,
2004.
Each
of the Funds
Listed on Appendix A Attached to the Custodian Agreement, on Behalf of Itself
or
its Listed Portfolios
By:
Capital Research and Management Company*
By:____________________________
Name:
_________________________
Title:
__________________________
State
Street Bank
And Trust Company
By:
_____________________________
Xxxxxx
X.
Xxxxxx
Executive
Vice
President
______________
*
Pursuant to delegated authority
