0000313212-03-000044 Sample Contracts

INVESTMENT SUBADVISORY AGREEMENT Between
Investment Subadvisory Agreement • June 30th, 2003 • Price T Rowe International Funds Inc • Maryland

This INVESTMENT SUBADVISORY AGREEMENT, is dated as of May 15, 2003, by and between T. Rowe Price International, Inc.(the "Adviser"), a corporation organized and existing under the laws of the State of Maryland, United States of America, and T. Rowe Price Global Investment Services Limited (the "Subadviser"), a corporation organized and existing under the laws of the United Kingdom.

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