ITEM 77Q(1)(e) - COPIES OF ANY NEW OR AMENDED REGISTRANT INVESTMENT ADVISORY CONTRACTS Federated Income Securities Trust Federated California Muni and Stock Advantage Fund SUB-ADVISORY AGREEMENT THIS AGREEMENT is made between FEDERATED EQUITY...Sub-Advisory Agreement • November 29th, 2006 • Federated Income Securities Trust
Contract Type FiledNovember 29th, 2006 CompanyLIMITED POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, dated as of September 1, 2006, that Federated Income Securities Trust, a business trust duly organized under the laws of the Commonwealth of Massachusetts (the "Trust"), does hereby nominate, constitute and appoint Federated Investment Management Company, a statutory trust duly organized under the laws of the Delaware (the "Sub-Adviser"), to act hereunder as the true and lawful agent and attorney-in-fact of the Trust, acting on behalf of each of the series portfolios for which the Sub-Adviser acts as investment adviser shown on Schedule 1 attached hereto and incorporated by reference herein (each such series portfolio being hereinafter referred to as a "Fund" and collectively as the "Funds"), for the specific purpose of executing and delivering all such agreements, instruments, contracts, assignments, bond powers, stock powers, transfer instructions, receipts, waivers, consents and other documents, and performing all such acts,