Exhibit 7(bb)
LETTER AGREEMENT
February 21, 2006
Xx. Xxxx Xxxx
Associate Counsel
State Street Bank and Trust Company
Global Investor Services Group
0 Xxxxxx xx Xxxxxxxxx XXX0X
Xxxxxx, Xxxxxxxxxxxxx 00000
Dear Xx. Xxxx:
This letter is to notify you that Janus Adviser Series (the "Trust") has changed
the name of (1) Janus Adviser Risk-Managed Core Fund to Janus Adviser INTECH
Risk-Managed Core Fund; (2) Janus Adviser Risk-Managed Growth Fund to Janus
Adviser INTECH Risk-Managed Growth Fund; and (3) Janus Adviser Risk-Managed
Value Fund to Janus Adviser INTECH Risk-Managed Value Fund (together, the
"Funds"), effective February 28, 2006. The Trust requests confirmation that all
references to "Janus Adviser Risk-Managed Core Fund," "Janus Adviser
Risk-Managed Growth Fund," and "Janus Adviser Risk-Managed Value Fund" in the
Amended and Restated Custodian Contract dated August 1, 2005, between the Trust
and State Street Bank and Trust Company ("State Street") (the "Custodian
Contract") be replaced with "Janus Adviser INTECH Risk-Managed Core Fund,"
"Janus Adviser INTECH Risk-Managed Growth Fund," and "Janus Adviser INTECH
Risk-Managed Value Fund," respectively, and that State Street will continue to
act as custodian for the Funds under the terms of the Custodian Contract.
Please indicate your acceptance of the foregoing by executing two copies of this
letter, returning one copy to the Trust and retaining one copy for your records.
JANUS ADVISER SERIES
By: /s/ Xxxxxx Xxxxxx Xxxxx
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Xxxxxx Xxxxxx Xxxxx
President and Chief Executive Officer
STATE STREET BANK AND TRUST COMPANY
By: /s/ Xxxxxx X. Xxxxxx
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Agreed to this 17th day of March 2006.