EXHIBIT A TO INVESTMENT ADVISORY AGREEMENT MADE AS OF JUNE 4, 1999 AS AMENDED DECEMBER 23, 1999 BETWEEN BT INVESTMENT PORTFOLIOS AND BANKERS TRUST COMPANY

                                   EXHIBIT A

                                       TO
                          INVESTMENT ADVISORY AGREEMENT
                             MADE AS OF JUNE 4, 1999
                          AS AMENDED DECEMBER 23, 1999
                                     BETWEEN
               BT INVESTMENT PORTFOLIOS AND BANKERS TRUST COMPANY

Portfolio                                              Investment Advisory Fee
---------                                              -----------------------
Latin American Equity Portfolio                                   1.00%
Small Cap Portfolio                                               0.65%
Pacific Basin Equity Portfolio                                    0.75%
Asset Management Portfolio II                                     0.65%
Asset Management Portfolio III                                    0.65%
Liquid Assets Portfolio                                           0.15%
BT PreservationPlus Portfolio                                     0.35%
BT PreservationPlus Income Portfolio                              0.70%
US Bond Index Portfolio                                           0.15%
EAFE Equity Index Portfolio                                       0.25%
Small Cap Index Portfolio                                         0.15%
European Equity Portfolio                                         0.65%
Global Equity Portfolio                                           0.75%
Quantitative Equity Portfolio                                     0.50%






         IN WITNESS WHEREOF, the parties hereto have caused this Amended Exhibit
A to the Investment Advisory Agreement between BT INVESTMENT PORTFOLIOS and
BANKERS TRUST COMPANY, to be executed in their names and on their behalf by and
through their duly authorized officers, as of December 23, 1999.

                                                    BT INVESTMENT PORTFOLIOS
                                           By:      /s/Xxxxxx X. Xxxxxx
                                           Name:    Xxxxxx X. Xxxxxx
                                           Title:   Secretary

                                                    BANKERS TRUST COMPANY

                                           By:      /s/Xxxx Xxxxxxxx
                                           Name:    Xxxx Xxxxxxxx
                                           Title:   Managing Director