0000775688-05-000007 Sample Contracts

GLOBAL CUSTODY AGREEMENT
Global Custody Agreement • April 29th, 2005 • Price T Rowe Equity Income Fund • New York

This AGREEMENT is effective January 3, 1994, and is between THE CHASE MANHATTAN BANK, N.A. (the "Bank") and EACH OF THE ENTITIES LISTED ON SCHEDULE A HERETO, Individually and Separately (each individually, the "Customer").

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AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT Between
Investment Management Agreement • April 29th, 2005 • Price T Rowe Equity Income Fund

This is an Amendment to the Investment Management Agreement (the "Agreement"), made as of the 20th day of April, 2005, by and between T. ROWE PRICE EQUITY INCOME FUND, a Massachusetts business trust (hereinafter called the "Fund"), and T. ROWE PRICE ASSOCIATES, INC., a corporation organized and existing under the laws of the State of Maryland (hereinafter called the "Manager").

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