AMENDMENT NO. 1 TO SCHEDULE I TO THE DISTRIBUTION AGREEMENT AS OF OCTOBER 1, 2013

EX-99.e.1.ii

AMENDMENT NO. 1

TO SCHEDULE I

TO THE DISTRIBUTION AGREEMENT

AS OF OCTOBER 1, 2013

     This Schedule to the Distribution Agreement between Delaware Group Equity Funds V and Delaware Distributors, L.P. entered into as of May 15, 2003 and amended and restated on January 4, 2010 (the “Agreement”) lists the Series and Classes for which Delaware Distributors, L.P. provides distribution services pursuant to this Agreement, along with the 12b-1 Plan rates, if applicable, for each class and the date on which the Agreement became effective for each Series.

			Portion
		Total 12b-1	designated as
		Plan Fee Rate	Service Fee
		(per annum	Rate (per
		of the Series’	annum of the
Series Name	Class Names	average daily	Series’	Effective Date
		net assets	average daily
		represented	net assets
		by shares of	represented
		the Class)	by shares of
			the Class)
Delaware Dividend	Class A	.25%		April 19, 2001
Income Fund
	Class B	1.00%	.25%	April 19, 2001
	Class C	1.00%	.25%	April 19, 2001
	Class R	.50%		May 15, 2003
	Institutional Class			April 19, 2001
Delaware Small Cap	Class A	.25%		April 19, 2001
Core Fund
	Class B	1.00%	.25%	April 19, 2001
	Class C	1.00%	.25%	April 19, 2001
	Class R	.50%		May 15, 2003
	Institutional Class			April 19, 2001
Delaware Small Cap	Class A	.25%		April 19, 2001
Value Fund
	Class B	1.00%	.25%	April 19, 2001
	Class C	1.00%	.25%	April 19, 2001
	Class R	.50%		May 15, 2003
	Institutional Class			April 19, 2001

DELAWARE DISTRIBUTORS, L.P.				DELAWARE GROUP EQUITY FUNDS V
DELAWARE DISTRIBUTORS, INC.,				on behalf of the Series listed on Schedule I
General Partner
By:	/s/ X. Xxxxx Xxxxxxx			By:	/s/ Xxxxxxx X.Xxxxx
	Name: X. Xxxxx Xxxxxxx				Name: Xxxxxxx X. Xxxxx
	Title: President				Title: President