0000899681-03-000049 Sample Contracts

DISTRIBUTION AGREEMENT DREYFUS BOND FUNDS, INC. 200 Park Avenue New York, New York 10166
Distribution Agreement • January 29th, 2003 • Dreyfus Municipal Bond Fund

This is to confirm that, in consideration of the agreements hereinafter contained, the above-named investment company (the "Fund") has agreed that you shall be, for the period of this agreement, the distributor of (a) shares of each Series of the Fund set forth on Exhibit A hereto, as such Exhibit may be revised from time to time (each, a "Series") or (b) if no Series are set forth on such Exhibit, shares of the Fund. For purposes of this agreement the term "Shares" shall mean the authorized shares of the relevant Series, if any, and otherwise shall mean the Fund's authorized shares.

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MANAGEMENT AGREEMENT DREYFUS BOND FUNDS, INC. 200 Park Avenue New York, New York 10166
Management Agreement • January 29th, 2003 • Dreyfus Municipal Bond Fund

The above-named investment company (the "Fund") consisting of the series named on Schedule 1 hereto, as such Schedule may be revised from time to time (each, a "Series"), herewith confirms its agreement with you as follows:

MUTUAL FUND CUSTODY AND SERVICES AGREEMENT
Mutual Fund Custody and Services Agreement • January 29th, 2003 • Dreyfus Municipal Bond Fund • Pennsylvania
SUB-INVESTMENT ADVISORY AGREEMENT THE DREYFUS CORPORATION 200 Park Avenue New York, New York 10166
Sub-Investment Advisory Agreement • January 29th, 2003 • Dreyfus Municipal Bond Fund • New York

As you are aware, Dreyfus Bond Funds, Inc. (the "Fund") desires to employ the capital of its Dreyfus Premier High Income Fund (the "Series") by investing and reinvesting the same in investments of the type and in accordance with the limitations specified in the Fund's charter documents and in the Series' 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 (the "Adviser") to act as its investment adviser pursuant to a written agreement (the "Management Agreement"), a copy of which has been furnished to you. The Adviser desires to employ you to act as the Series' sub-investment adviser.

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