0001193125-04-203539 Sample Contracts

SMITH BARNEY INCOME FUNDS SMITH BARNEY HIGH INCOME FUND ADMINISTRATION AGREEMENT
Smith Barney Income Funds • November 24th, 2004

Smith Barney Income Funds (the “Trust”), a business trust organized under the laws of the Commonwealth of Massachusetts, on behalf of its sub-trust Smith Barney High Income Fund (the “Fund”), confirms its agreement with Smith Barney Fund Management LLC (“SBFM”) as follows:

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