PAGE 1 WORLD INCOME PORTFOLIO AGREEMENT AND DECLARATION OF UNITHOLDERS This AGREEMENT AND DECLARATION OF UNITHOLDERS is made at Minneapolis, Minnesota, as of this 13th day of May, 1996 by the holders of beneficial interest of World Income Portfolio, a...

PAGE 1
WORLD INCOME PORTFOLIO

AGREEMENT AND DECLARATION OF UNITHOLDERS

This AGREEMENT AND DECLARATION OF UNITHOLDERS is made at
Minneapolis, Minnesota, as of this 13th day of May, 1996 by the
holders of beneficial interest of World Income Portfolio, a
separate series of World Trust.

WITNESS that

WHEREAS, the Declaration of Trust for World Trust provides for no
restrictions on the transfer of units therein; and

WHEREAS, the holders of units in World Income Portfolio desire to
restrict the transfer of their units in World Income Portfolio;

NOW, THEREFORE, the undersigned hereby declare that they will not
transfer any units in World Income Portfolio held by them without
the prior written consent of the other unitholders holding at least
two thirds of the World Income Portfolio's units outstanding
(excluding the units of the holder seeking to effect the transfer)
and that any attempted transfer in violation of this agreement
shall be null and void.  This agreement shall not affect the rights
of any unitholder to redeem units in World Income Portfolio as
provided for in the Declaration of Trust.  The undersigned also
acknowledges that the remedy of damages for the violation of this
agreement would be inadequate and therefore further agree that this
agreement shall be enforceable solely by the remedy of specific
performance.

                                IDS GLOBAL SERIES, INC.
                                    IDS Global Bond Fund

                                __/s/ Xxxxxx X. Ogg___________
                                Xxxxxx X. Xxx
                                Vice President and General Counsel

                                STRATEGIST WORLD FUND, INC.
                                    Strategist World Income Fund

                                __/s/ Xxxxx X. Mitchell_______
                                Xxxxx X. Xxxxxxxx
                                President