SUCCESSOR STOCK TRANSFER AGENT AGREEMENT
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Chemical Banking Corporation, parent of Chemical Bank ("Chemical") and Mellon
Bank Corporation, parent of Mellon Bank, N.A. ("Mellon"), have each signed an
agreement which will result in the combining of their stock transfer business in
a new company, Chemical Mellon Shareholder Services ("CMSS") which company will
assume and operate the combined business. ▇▇▇▇▇▇▇▇▇ Global Income Fund, Inc.
currently utilizes the stock transfer services of Mellon pursuant to the agency
Appointment Agreement and related documents (collectively, the "Appointment
Documents") between Mellon and ▇▇▇▇▇▇▇▇▇ Global Income Fund, Inc.
▇▇▇▇▇▇▇▇▇ Global Income Fund, Inc. hereby consents to the appointment of CMSS as
Successor Stock Transfer Agent to Mellon effective at the time ▇▇▇▇▇▇▇▇▇ Global
Income Fund, Inc. is notified that Mellon has resigned such appointment (the
"Effective Date"). To the extent required by the Appointment Documents,
▇▇▇▇▇▇▇▇▇ Global Income Fund, Inc. also consents to the assignment of the
Appointment Documents from Mellon to CMSS effective upon the Effective Date.
On and after the Effective Date, the Appointment Documents as currently in
effect will remain in full force and effect, except that all references to
Mellon will be deemed to refer to, and mean, CMSS and to the extent not
inconsistent with the Appointment Documents, CMSS may follow customary practices
and procedures with respect to the services to be provided.
MELLON SECURITIES TRUST COMPANY
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Senior Vice President
Acknowledged and agreed
this 2nd day of February, 1995
▇▇▇▇▇▇▇▇▇ Global Income Fund, Inc.
By: /s/ ▇▇▇▇▇▇ ▇. Mistle
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▇▇▇▇▇▇ ▇. Mistle
Title: Secretary
