EXHIBIT 8(d)
BlackRock Funds/SM/
Appendix B to Custodian
Agreement dated as of October 4, 1989
The Fund hereby appoints Bank to act as custodian of the securities,
cash and other property belonging to the additional Portfolios listed below
("Additional Portfolios") for the period and on the terms set forth in this
Agreement. Bank accepts such appointment and agrees to furnish the services
herein set forth in return for the compensation as provided in Paragraph 21 of
this Agreement. Bank agrees to comply with all relevant provisions of the 1940
Act and applicable rules and regulations thereunder.
The additional Portfolios are as follows:
. Government Income Portfolio
. International Emerging Markets Portfolio
. International Bond Portfolio
. Virginia Municipal Money Market Portfolio
. New Jersey Municipal Money Market Portfolio
. New Jersey Tax-Free Income Portfolio
. Core Bond Portfolio
. Multi-Sector Mortgage Securities Portfolio III
. Mid-Cap Value Equity Portfolio
. Mid-Cap Growth Equity Portfolio
. BlackRock Strategic Portfolio I
. BlackRock Strategic Portfolio II
. International Small Cap Equity Portfolio
. Micro-Cap Equity Portfolio
. GNMA Portfolio
. Delaware Tax-Free Income Portfolio
. Kentucky Tax-Free Income Portfolio
. High Yield Bond Portfolio
Release. "BlackRock Funds" and "Trustees of BlackRock Funds" refer respectively
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to the trust created and the Trustees, as trustees but not individually or
personally, acting from time to time under a Declaration of Trust dated December
22, 1988 which is hereby referred to and a copy of which is on file at the
office of the State Secretary of the Commonwealth of Massachusetts and at the
principal office of the Fund. The obligations of "BlackRock Funds" entered into
in the name or on behalf thereof by any of the Trustees, officers,
representatives or agents are made not individually, but in such capacities, and
are not binding upon any of the Trustees, shareholders, officers,
representatives or agents of the Fund personally, but bind only the Trust
Property (as defined in the Declaration of Trust), and all persons dealing with
any class of shares of the Fund must look solely to the Trust Property belonging
to such class for the enforcement of any claims against the Fund.
2
Agreed to and accepted as of October __, 1998:
BlackRock Funds/SM/
By:_________________________
Name:
Title:
PNC Bank, National Association
By:__________________________
Name:
Title:
