AMENDMENT TO CUSTODIAN CONTRACT
Agreement made by and between State Street Bank and Trust Company (the
"Custodian") and each of the Funds (each a "Fund") set forth on Exhibit A.
WHEREAS, the Custodian and each Fund are parties to a custodian contract
(the "Custodian Contract"), dated as of the dates set forth on Exhibit A, which
governs the terms and conditions under which the Custodian maintains custody of
the securities and other assets of each Fund; and
WHEREAS, the Custodian and each Fund desire to amend the terms and
conditions under which the Custodian maintains each Fund's securities and other
non-cash property in the custody of certain foreign sub-custodians in conformity
with the requirements of Rule 17f-5 under the Investment Company Act of 1940, as
amended;
NOW THEREFORE, in consideration of the premises and covenants contained
herein, the Custodian and each Fund hereby amend the Custodian Contract by the
addition of the following terms and provisions:
1. Notwithstanding any provisions to the contrary set forth in the
Custodian Contract, the Custodian may hold securities and other non-cash
property for all of its customers, including the Fund, with a foreign
sub-custodian in a single account that is identified as belonging to the
Custodian for the benefit of its customers, PROVIDED however, that (i) the
records of the Custodian with respect to securities and other non-cash property
of each Fund which are maintained in such account shall identify by book-entry
those securities and other non-cash property belonging to the Fund and (ii) the
Custodian shall require that securities and other non-cash property so held by
the foreign subcustodian be held separately from any assets of the foreign
sub-custodian or of others.
2. Except as specifically superseded or modified herein, the terms and
provisions of the Custodian Contract shall continue to apply with full force and
effect.
IN WITNESS WHEREOF, each of the parties has caused this instrument to be
executed in its name and behalf by its duly authorized representative as of this
1st day of October, 1997.
Global Utility Fund, Inc.
Xxxxxxxx-Xxxxxxxxx Fund, Inc.
Prudential Balanced Fund
Prudential Equity Fund, Inc.
Prudential Global Genesis Fund, Inc.
Prudential Global Natural Resources Fund, Inc.
Prudential Institutional Liquidity Portfolio, Inc.
Prudential Intermediate Global Income Fund, Inc.
The High Yield Income Fund, Inc.
The Asia Pacific Fund, Inc.
By:
/s/ S. Xxxx Xxxx
-----------------------
S. Xxxx Xxxx
Secretary
The First Australia Fund, Inc.
The First Australia Prime Income Fund, Inc.
By:
/s/ Xxxxxx X. Xxxxx
-----------------------
Xxxxxx X. Xxxxx
Assistant Treasurer
The High Yield Plus Fund, Inc.
By:
/s/ Xxxxxx X. Xxxxxx
-----------------------
Xxxxxx X. Xxxxxx
President
STATE STREET BANK AND TRUST COMPANY
By:
/s/ illegible
-----------------------
Executive Vice President
EXHIBIT A
NAME OF FUND DATE OF CONTRACT
Global Utility Fund, Inc. December 21, 1989
Xxxxxxxx-Xxxxxxxxx Fund, Inc. April 10, 1987
Prudential Balanced Fund February 16, 1990
(formerly Prudential Allocation Fund)
Prudential Equity Fund, Inc. January 16, 1990
Prudential Global Genesis Fund, Inc. October 21, 1987
Prudential Global Natural Resources Fund, Inc. September 18, 1987
Prudential Institutional Liquidity Portfolio, Inc. November 20, 1987
Prudential Intermediate Global Income Fund, Inc. May 11, 1988
The High Yield Income Fund, Inc. November 6, 1987
The Asia Pacific Fund, Inc. April 24, 1987
The First Australia Fund, Inc. November 25, 1985
The First Australia Prime Income Fund, Inc. April 11, 1986
The High Yield Plus Fund, Inc. April 15, 1988
