0001193125-03-056078 Sample Contracts

TRANSFER AGENT AGREEMENT SAFECO MONEY MARKET TRUST ALL SERIES ALL CLASSES
Exhibit 99 • September 30th, 2003 • Safeco Money Market Trusts

Safeco Services shall receive from each class of each series (collectively, "Fund") of the Trust an annual fee equal to $34 per account, which amount shall be calculated on a monthly basis (by averaging the number of shareholder accounts at the beginning and end of each month) and shall be billed and paid monthly. Safeco Services shall apply as a credit against the fee due from any Fund the amount of any "small account" maintenance fee charged and collected by Safeco Services from any shareholder account, as disclosed in the Fund's prospectus(es).

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