EXHIBIT (d.2)
ADVISORY AGREEMENT
Schedule A
Advisory Fee* for the Category I Series:
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0.59% per annum of the aggregate net assets of the Category I Series less than
or equal to $7.0 billion
plus 0.54% per annum of the aggregate net assets of the Category I Series
between $7.0 billion and $11.0 billion
plus 0.49% per annum of the aggregate net assets of the Category I Series in
excess of $11.0 billion
Category I Series:
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Australia WEBS Index SeriesIndex Fund
iShares MSCI Austria WEBS Index SeriesIndex Fund
iShares MSCI Belgium WEBS Index SeriesIndex Fund
iShares MSCI Canada WEBS Index SeriesIndex Fund
iShares MSCI EMU WEBS Index SeriesIndex Fund
iShares MSCI France WEBS Index SeriesIndex Fund
iShares MSCI Germany WEBS Index SeriesIndex Fund
iShares MSCI Hong Kong WEBS Index SeriesIndex Fund
iShares MSCI Italy WEBS Index SeriesIndex Fund
iShares MSCI Japan WEBS Index SeriesIndex Fund
iShares MSCI Malaysia (Free) WEBS Index SeriesIndex Fund
iShares MSCI Mexico (Free) WEBS Index SeriesIndex Fund
iShares MSCI Netherlands WEBS Index SeriesIndex Fund
iShares MSCI Singapore (Free) WEBS Index SeriesIndex Fund
iShares MSCI Spain WEBS Index SeriesIndex Fund
iShares MSCI Sweden WEBS Index SeriesIndex Fund
iShares MSCI Switzerland WEBS Index SeriesIndex Fund
iShares MSCI United Kingdom WEBS Index SeriesIndex Fund
iShares MSCI USA WEBS Index SeriesIndex Fund
Advisory Fee* for Category II Series:
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0.74% per annum of the aggregate net assets of the Category II Series less than
or equal to $2 billion
plus 0.69% per annum of the aggregate net assets of the Category II Series
between $2 billion and $4 billion
plus 0.64% per annum of the aggregate net assets of the Category II Series
greater than $6 billion
Category II Series:
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Brazil (Free) WEBS Index SeriesIndex Fund
iShares MSCI Greece WEBS Index SeriesIndex Fund
iShares MSCI Indonesia (Free) WEBS Index SeriesIndex Fund
iShares MSCI Portugal WEBS Index SeriesIndex Fund
iShares MSCI South Africa WEBS Index SeriesIndex Fund
iShares MSCI South Korea WEBS Index SeriesIndex Fund
iShares MSCI Thailand (Free) WEBS Index SeriesIndex Fund
iShares MSCI Taiwan WEBS Index SeriesIndex Fund
iShares MSCI Turkey WEBS Index SeriesIndex Fund
Advisory Fee* for Category III Series:
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0.50% per annum of the aggregate net assets of the Category III Series
Category III Series:
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iShares MSCI Pacific Ex Japan Index Fund
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* Pursuant to Section 4 of this Advisory Agreement, the fee rates for a Series
set forth in this Schedule A will be reduced, possibly to zero, by the
expenses of the Series.
A-1
