XXXXXXXX, XXXX & XXXX MASTER PORTFOLIO
P.O. Box 501
Xxxxxx Town, Grand Cayman
Cayman Island, B.W.I.
June 2, 1997
IBT Trust Company (Cayman), Ltd.
The Bank of Nova Scotia Building
Cardinal Avenue
Xxxxxx Town
Cayman, Cayman Islands, B.W.I.
Re: Administration Agreement (the "Agreement")
Ladies and Gentlemen:
Attached is AppendixA (the "Amendment") to the Agreement between Xxxxxxxx, Ayer
& Wood Master Portfolio (the "Trust") and you. Pursuant to ss.23 of the
Agreement, the Trust proposes that the Agreement be amended to include an
additional series of the Trust named in the Amendment in bold.
Please indicate your acceptance of the foregoing by executing the four originals
of this letter agreement, returning two to the Trust and retaining two for your
records.
Very truly yours,
Xxxxxxxx, Xxxx & Xxxx Master Portfolio IBT Trust Company (Cayman), Ltd.
By: ___________________________ By:____________________________
Name:___________________________ Name:_________________________
Title:____________________________ Title:__________________________
ADMINISTRATION AGREEMENT
between Xxxxxxxx, Ayer & Wood Master Portfolio
and IBT Trust Company (Cayman), Ltd.
APPENDIX A
(Revised June 2, 1997)
Xxxxxxxx Fixed Income Portfolio
Xxxxxxxx Equity Portfolio
Xxxxxxxx Small Capitalization Equity Portfolio
Xxxxxxxx Global Fixed Income Portfolio
Xxxxxxxx Small Capitalization Equity Portfolio II
Xxxxxxxx Diversified Income Portfolio
