0001193125-05-250443 Sample Contracts

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AMENDMENT TO ADMINISTRATION AGREEMENT
Administration Agreement • December 29th, 2005 • Consulting Group Capital Markets Funds

This Amendment to the Administration Agreement dated June 2, 1994 between Smith, Barney Advisers, Inc. and Consulting Group Capital Markets Funds (the “Trust”) is entered into by Smith Barney Fund Management LLC (the “Manager”) and the Trust as of the 1st day of September, 2005.

ADMINISTRATION AGREEMENT
Administration Agreement • December 29th, 2005 • Consulting Group Capital Markets Funds

Consulting Group Capital Markets Funds (the “Trust”), a business trust organized under the laws of the Commonwealth of Massachusetts, confirms its agreement with Smith, Barney Advisers, Inc. (“SBA”) as follows:

AMENDMENT TO ADMINISTRATION AGREEMENT
Administration Agreement • December 29th, 2005 • Consulting Group Capital Markets Funds

This Amendment (“Amendment”) to the Administration Agreement (the “Administration Agreement”), dated June 2, 1994, between Smith Barney Advisers, Inc. and Consulting Group Capital Markets Funds (the “Trust”), as amended in the Amendment to Administration Agreement between Smith Barney Fund Management LLC (the “Administrator” or “SBA”) (successor in interest to Smith Barney Advisers, Inc.) and the Trust, dated as of September 1, 2005, is entered into by the Trust and the Administrator as of December 1, 2005 (the “Effective Date”).

CONSULTING GROUP CAPITAL MARKETS FUNDS INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • December 29th, 2005 • Consulting Group Capital Markets Funds • New York
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