0000899681-03-000474 Sample Contracts

BY-LAWS OF DREYFUS PREMIER MANAGER FUNDS I
Dreyfus Premier Manager Funds • November 18th, 2003
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MUTUAL FUND CUSTODY AND SERVICES AGREEMENT
And Services Agreement • November 18th, 2003 • Dreyfus Premier Manager Funds • Pennsylvania
FOREIGN CUSTODY MANAGER AGREEMENT
Foreign Custody Manager Agreement • November 18th, 2003 • Dreyfus Premier Manager Funds • New York

WHEREAS, the Fund desires to appoint BNY as a Foreign Custody Manager with respect to each series of the Fund set forth on Appendix A hereto, as such Appendix may be revised from time to time (each, a "Series"), on the terms and conditions contained herein;

DISTRIBUTION AGREEMENT DREYFUS PREMIER MANAGER FUNDS I 200 Park Avenue New York, New York 10166
Distribution Agreement • November 18th, 2003 • Dreyfus Premier Manager Funds

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.

SUB-INVESTMENT ADVISORY AGREEMENT THE DREYFUS CORPORATION 200 Park Avenue New York, New York 10166
Sub-Investment Advisory Agreement • November 18th, 2003 • Dreyfus Premier Manager Funds • New York

As you are aware, Dreyfus Premier Manager Funds I (the "Fund") desires to employ the capital of the series named on Schedule 1 hereto, as such Schedule may be revised from time to time (each, a "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.

DREYFUS PREMIER MANAGER FUNDS I (formerly, SSL-1995-7) Amended and Restated Agreement and Declaration of Trust
Dreyfus Premier Manager Funds • November 18th, 2003 • Massachusetts

THIS AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST, made as of the 31st day of October, 2003 by the Trustee hereunder (hereinafter with any additional and successor trustees referred to as the "Trustees") and by the holders of shares of beneficial interest to be issued hereunder as hereinafter provided, hereby amends and restates in its entirety the Agreement and Declaration of Trust dated July 24, 1995 made at Boston, Massachusetts.

MANAGEMENT AGREEMENT DREYFUS PREMIER MANAGER FUNDS I 200 Park Avenue New York, New York 10166
Management Agreement • November 18th, 2003 • Dreyfus Premier Manager Funds

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:

CUSTODY AGREEMENT
Custody Agreement • November 18th, 2003 • Dreyfus Premier Manager Funds • New York

Custody Agreement made as of November 17, 2003 between DREYFUS PREMIER MANAGER FUNDS I, a business trust organized and existing under the laws of the Commonwealth of Massachusetts, having its principal office and place of business at 200 Park Avenue, New York, New York 10166 (hereinafter called the "Fund"), and THE BANK OF NEW YORK, a New York corporation authorized to do a banking business, having its principal office and place of business at 15 Broad Street, New York, New York 10286 (hereinafter called the "Custodian").

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