[Old Mutual Capital Letterhead]
VIA E-MAIL
July 20, 2009
Xxxxx Xxxxxx, Chief Operating Officer and Chief Compliance Officer
Xxxx Xxxxxx LLC
00 Xxxx 00xx Xx., 00xx Xxxxx
Xxx Xxxx, XX 00000
Dear Xx. Xxxxxx:
By signing below, all parties to the Investment Sub-Advisory Agreement between
Old Mutual Capital, Inc., Xxxx Xxxxxx, Inc. (now known as Xxxx Xxxxxx LLC), and
Old Mutual Advisor Funds (now known as Old Mutual Funds I), dated
December 16, 2005 (the "Agreement"), agree to terminate the Agreement as
it relates to Old Mutual Xxxx Xxxxxx China Fund (now known as Old Mutual
China Fund), effective at the close of business, July 17, 2009.
If you have any questions, please call me at 000-000-0000.
Sincerely,
/s/ Xxxxx X. Proc
Xxxxx X. Proc
Vice President and Associate General Counsel
Old Mutual Capital, Inc.
By: /s/ Xxxx X. Xxxxx
Name: Xxxx X. Xxxxx
Title: Senior Vice President
Old Mutual Funds I, on behalf of Old Mutual China Fund
By: /s/ Xxxxxx X. Xxxxxxxx
Name: Xxxxxx X. Xxxxxxxx
Title: President
Xxxx Xxxxxx LLC
By: /s/ Xxxxx Xxxxxx
Name: Xxxxx Xxxxxx
Title: Chief Operating Officer and Chief Compliance Officer
