B-1 AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT BETWEEN JACKSON NATIONAL ASSET MANAGEMENT, LLC AND STANDARD & POOR'S INVESTMENT ADVISORY SERVICES LLC

                                      B-1
                                   AMENDMENT
                                       TO
                       INVESTMENT SUB-ADVISORY AGREEMENT
                                    BETWEEN
                     XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
                                      AND
               STANDARD & POOR'S INVESTMENT ADVISORY SERVICES LLC


     This  AMENDMENT  is  made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC,  a  Michigan  limited  liability  company and registered investment adviser
("Adviser"),  and STANDARD & POOR'S INVESTMENT ADVISORY SERVICES LLC, a Delaware
corporation  and  registered  investment  adviser  ("Sub-Adviser").

     WHEREAS,  the  Adviser  and  Sub-Adviser  entered  into  an  Investment
Sub-Advisory  Agreement  dated  as  of  January  31, 2001 ("Agreement"), whereby
Adviser  appointed  Sub-Adviser  to  provide  certain  sub-investment  advisory
services  to  certain  investment  portfolios  of  JNL  Series  Trust.

     WHEREAS, the parties have agreed to amend Section 6. "Compensation, "of the
Agreement.

     NOW  THEREFORE,  in consideration of the mutual covenants herein contained,
the  parties hereby agree to amend the Agreement to replace the entire paragraph
under  the  "Compensation"  section  as  follows:

     6.  COMPENSATION.
         ------------

For  the  services provided and the expenses assumed pursuant to this Agreement,
Adviser  will  pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full
compensation  therefor, a sub-advisory fee in accordance with Schedule B hereto,
accrued daily and payable monthly on the average daily net assets in the Fund or
Funds.  From  time  to time, the Sub-Adviser may, but shall not be obligated to,
agree to waive or reduce some or all of the compensation to which it is entitled
under  this  Agreement.  Any and all payments to the Sub-Adviser hereunder shall
be  accompanied  by  a  statement  setting  forth the basis for its calculation.

This  Amendment may be executed in two or more counterparts which together shall
constitute  one  document.

     IN  WITNESS  WHEREOF,  the  Adviser  and  the  Sub-Adviser have caused this
Amendment  to  be  executed  as  of  this  18th  day  of  December,  2009.


XXXXXXX  NATIONAL  ASSET                STANDARD  &  POOR'S
MANAGEMENT,  LLC                        INVESTMENT  ADVISORY  SERVICES  LLC

By:  /s/ Xxxx X. Xxxxx                  By:  /s/ Xxxxxxx Xxxxxxxxxx


Name:  Xxxx  X.  Xxxxx                  Name:  Xxxxxxx Xxxxxxxxxx


Title:   President                      Title: Vice President


Date:    4/12/2010                      Date:  4/12/2010