AMENDMENT TO FUND ADMINISTRATION AGREEMENT

                                  AMENDMENT TO
                          FUND ADMINISTRATION AGREEMENT

          This  Amendment   dated  as  of  January  1,  2001,  is  to  the  Fund
     Administration  Agreement made as of October 1, 1996 (the  "Agreement")  by
     and  between  Franklin  Xxxxxxxxx  Services,  Inc.,  a Florida  corporation
     ("FTSI") and Xxxxxxxxx Global Income Fund (the "Fund").

                                   WITNESSETH:

          WHEREAS, both FTSI and the Fund wish to amend the Agreement;

          WHEREAS, FTSI merged into FRANKLIN XXXXXXXXX SERVICES, LLC, a Delaware
     limited liability company, a successor entity, on January 1, 2001;

          NOW,  THEREFORE,  in  consideration  of the  foregoing  premises,  the
     parties hereto agree as follows:

     1.   FTSI's name is henceforth to be known as "Franklin Xxxxxxxxx Services,
          LLC."

     2.   All references to FTSI being a "Florida  Corporation" in the Agreement
          are hereby changed to a "Delaware limited liability company."

     IN WITNESS  WHEREOF,  this  Amendment  has been  executed on behalf of each
party as of the date set forth above.


                                FRANKLIN XXXXXXXXX SERVICES, LLC


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


                                XXXXXXXXX GLOBAL INCOME FLND, INC.


                                By:   /s/ Xxxxxxx X. Xxxxx
                                      -------------------------------------
                                      Vice President and Secretary