AMENDMENT NO. 1 TO
EXHIBIT A
OF THE INVESTMENT MANAGEMENT AGREEMENT
THIS AMENDMENT to the Exhibit A to the Investment Management Agreement
dated September 29, 1999 (the "Agreement") between DELAWARE GROUP GOVERNMENT
FUND and DELAWARE MANAGEMENT COMPANY, a series of Delaware Management Business
Trust (the "Investment Manager"), amended as of the 29th day of November, 2004
to add Delaware Inflation Protected Bond Fund, lists the Funds for which the
Investment Manager provides investment management services pursuant to this
Agreement, along with the management fee rate schedule for each Fund and the
date on which the Agreement became effective for each Fund.
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MANAGEMENT FEE SCHEDULE
(AS A PERCENTAGE OF
AVERAGE DAILY NET ASSETS)
PORTFOLIO NAME EFFECTIVE DATE ANNUAL RATE
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0.55% on first $500 million
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Delaware American Government Bond Fund September 29, 1999 0.50% on next $500 million
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0.45% on next $1,500 million
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0.425% on assets in excess of
$2,500 million
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0.50% on first $500 million
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Delaware Inflation Protected Bond Fund November 29, 2004 0.40% on next $500 million
------------------------------------
0.35% on next $1,500 million
------------------------------------
0.30% on assets in excess of
$2,500 million
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DELAWARE MANAGEMENT COMPANY, DELAWARE GROUP GOVERNMENT
A series of Delaware Management Business Trust FUND
By: Xxxx X. Xxxxxxxx By: Xxxx X. Xxxxxxxx
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Name: Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx
Title: President/Chief Executive Officer Title: Chairman
Attest: Xxxxx X. Xxxxxx, Xx. Attest: Xxxxx X. Xxxxxx, Xx.
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Name: Xxxxx X. Xxxxxx, Xx. Name: Xxxxx X. Xxxxxx, Xx.
Title: Vice President/Associate General Title: Vice President/Associate General
Counsel/Assistant Secretary Counsel/Assistant Secretary
