AMENDMENT NUMBER TWO TO THE INVESTMENT ADVISORY AGREEMENT This Amendment Number Two, dated November 1, 2004, to the Investment Advisory Agreement dated May 31, 1997 (the "Agreement"), as previously amended on April 17, 2000, by and between Van Kampen...The Investment Advisory Agreement • February 28th, 2005 • Van Kampen Real Estate Securities Fund
AMENDMENT NUMBER TWO TO THE INVESTMENT ADVISORY AGREEMENT This Amendment Number Two, dated November 1, 2004, to the Investment Advisory Agreement dated May 31, 1997 (the "Agreement"), as previously amended on April 17, 2000, by and between Van Kampen Real Estate Securities Fund, a Delaware statutory trust (the "Fund"), and Van Kampen Asset Management (the "Adviser," successor in interest of Van Kampen Asset Management, Inc.) a Delaware statutory trust, hereby amends the terms and conditions of the Agreement in the manner specified herein. W I T N E S S E T H WHEREAS, the Board of Trustees of the Fund at a meeting held on September 23, 2004 has approved a reduction in the investment advisory fee payable by the Fund to the Adviser; and WHEREAS, the parties desire to amend and restate Section 3 of the Agreement relating to the investment advisory fee. NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter contained, the parties hereby agree to
