0001111178-03-000002 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • January 28th, 2003 • Dreyfus Premier Opportunity Funds

Dear Sirs: 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:

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SUB-INVESTMENT ADVISORY AGREEMENT
Dreyfus Premier Opportunity Funds • January 28th, 2003

As you are aware, Dreyfus Premier Opportunity Funds (the "Fund") desires to employ the capital of its Dreyfus Premier Enterprise 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.

DISTRIBUTION AGREEMENT
Distribution Agreement • January 28th, 2003 • Dreyfus Premier Opportunity Funds
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