Exhibit 99.8 TRANSFER AGENT AGREEMENT SAFECO COMMON STOCK TRUST

                                                                    Exhibit 99.8

                            TRANSFER AGENT AGREEMENT
                            SAFECO COMMON STOCK TRUST

                                    EXHIBIT A

The Safeco Common Stock Trust consists of the following Series and Classes:

     1.   Safeco Growth Opportunities Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

     2.   Safeco Core Equity Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

     3.   Safeco Large-Cap Value Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

     4.   Safeco Multi-Cap Core Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

     5.   Safeco International Stock Fund
               Investor Class
               Institutional Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

     6.   Safeco Balanced Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C



     7.   Safeco Small-Cap Value Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

     8.   Safeco Large-Cap Growth Fund
               Investor Class
               Advisor Class A
               Advisor Class B
               Advisor Class C

As of October 1, 2003



                            TRANSFER AGENT AGREEMENT
                            SAFECO COMMON STOCK TRUST
                                   ALL SERIES
                                   ALL CLASSES

                                    EXHIBIT B

                                  FEE SCHEDULES

Safeco Services shall receive from each class of each series (collectively,
"Fund") of the Trust an annual fee equal to $28 per account, which amount shall
be calculated on a monthly basis (by averaging the number of shareholder
accounts at the beginning and end of each month) and shall be billed and paid
monthly. Safeco Services shall apply as a credit against the fee due from any
Fund the amount of any "small account" maintenance fee charged and collected by
Safeco Services from any shareholder account, as disclosed in the Fund's
prospectus(es).

With respect to any omnibus account maintained by a financial intermediary which
is providing shareholder services under a written sub-administration agreement
with Safeco Services, the annual fee will be calculated based upon the average
number of underlying individual shareholder accounts comprising the omnibus
account.

Safeco Services Corporation             Safeco Common Stock Trust
                                               on behalf of each Series


By:     /s/ Xxxxx X. Xxxxxx                    By:      /s/ Xxxxx X. Xxxxxx
        --------------------                            ------------------------
        Xxxxx X. Xxxxxx                                 Xxxxx X. Xxxxxx
        President                                       President


Attest: /s/ Xxxxx X. Xxxxxxxxx                  Attest: /s/ Xxxxx X. Xxxxxxxxx
        -----------------------                         ------------------------
        Xxxxx X. Xxxxxxxxx                              Xxxxx X. Xxxxxxxxx
        Secretary                                       Secretary


As of September 1, 2003