AMENDMENT NO. 1 TO
EXHIBIT A
OF THE INVESTMENT MANAGEMENT AGREEMENT
THIS EXHIBIT to the Investment Management Agreement between DELAWARE
GROUP PREMIUM FUND, INC. and DELAWARE MANAGEMENT COMPANY (the "Agreement")
amended as of the ____ day of October, 1999 adds the U.S. Growth Series for
which the Investment Manager provides investment management services pursuant to
the Agreement dated May 1, 1999, along with the management fee rate schedule for
the Series and the date on which the Agreement became effective for the Series.
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Series Name Effective Date Management Fee Schedule
(as a percentage of
average daily net assets
Annual Rate
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0.65% on the first $500 million
U.S. Growth Series October , 1999 0.60% on the next $500 million
0.55% on the next $1,500 million
0.50% on assets in excess of $2,500
million
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DELAWARE MANAGEMENT COMPANY DELAWARE GROUP PREMIUM FUND, INC.
By: By:
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Name: Name:
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Title: Title:
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Attest: Attest:
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Name: Name:
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Title: Title:
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