0000857114-96-000011 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • December 30th, 1996 • Dreyfus S&p 500 Index Fund • Massachusetts
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MANAGEMENT AGREEMENT PEOPLES INDEX FUND, INC. (d/b/a Dreyfus S&P 500 Index Fund) 200 Park Avenue New York, New York 10166
Management Agreement • December 30th, 1996 • Dreyfus S&p 500 Index Fund

The Fund desires to employ its capital by investing and reinvesting the same in investments of the type and in accordance with the limitations specified in its charter documents and in its Prospectus and Statement of Additional Information as from time to time in effect, copies of which have been or will be submitted to you, and in such manner and to such extent as from time to time may be approved by the Fund's Board. The Fund desires to employ you to act as its manager.

INDEX MANAGEMENT AGREEMENT THE DREYFUS CORPORATION 200 Park Avenue New York, New York 10166
Index Management Agreement • December 30th, 1996 • Dreyfus S&p 500 Index Fund

As you are aware, Peoples Index Fund, Inc. (d/b/a Dreyfus S&P 500 Index Fund) (the "Fund") desires to employ its capital by investing and reinvesting the same in investments of the type and in accordance with the limitations specified in its charter documents and in its Prospectus and Statement of Additional Information as from time to time in effect, copies of which have been or will be submitted to you, and in such manner and to such extent as from time to time may be approved by the Fund's Board. The Fund employs The Dreyfus Corporation ("Dreyfus") pursuant to a written agreement (the "Management Agreement"), a copy of which has been furnished to you. Dreyfus desires to employ you to act as the Fund's index manager.

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