POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS:

     WHEREAS, AmeriPrime Funds, a business trust organized under the laws of the
State of Ohio  (hereinafter  referred  to as the  "Trust"),  periodically  files
amendments  to its  Registration  Statement  with the  Securities  and  Exchange
Commission under the provisions of the Securities Act of 1933 and the Investment
Company Act of 1940, as amended; and

         WHEREAS, the undersigned is a trustee of the Trust;

     NOW,  THEREFORE,  the undersigned hereby constitutes and appoints DONALD S.
MENDELSOHN  and JOANN M. STRASSER his  attorneys for him and in his name,  place
and stead,  and in his office and capacity in the Trust, to execute and file any
Amendment or Amendments to the Trust's Registration Statement, hereby giving and
granting to said  attorneys  full power and  authority to do and perform all and
every act and thing  whatsoever  requisite and necessary to be done in and about
the  premises as fully to all  intents  and  purposes as he might or could do if
personally  present at the doing  thereof,  hereby  ratifying and confirming all
that  said  attorneys  may or shall  lawfully  do or cause to be done by  virtue
hereof.

     IN WITNESS WHEREOF,  the undersigned has hereunto set his hand this 7th day
of October, 2003.


                                            /s/_________________________________
                                            Gary E. Hippenstiel
                                            Trustee


STATE OF TEXAS                      )
                                    )        ss:
COUNTY OF HARRIS                    )

     Before me, a Notary  Public,  in and for said county and state,  personally
appeared Gary E. Hippenstiel,  known to me to be the person described in and who
executed the foregoing  instrument,  and who acknowledged to me that he executed
and delivered the same for the purposes therein expressed.

         WITNESS my hand and official seal this 7th day of October, 2003.


                                               /s/ Candice T. Martin
                                               Notary Public


                                              My commission expires:  2/12/04







                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS:

     WHEREAS, AmeriPrime Funds, a business trust organized under the laws of the
State of Ohio  (hereinafter  referred  to as the  "Trust"),  periodically  files
amendments  to its  Registration  Statement  with the  Securities  and  Exchange
Commission under the provisions of the Securities Act of 1933 and the Investment
Company Act of 1940, as amended; and

         WHEREAS, the undersigned is a trustee of the Trust;

     NOW,  THEREFORE,  the undersigned hereby constitutes and appoints DONALD S.
MENDELSOHN  and JOANN M. STRASSER his  attorneys for him and in his name,  place
and stead,  and in his office and capacity in the Trust, to execute and file any
Amendment or Amendments to the Trust's Registration Statement, hereby giving and
granting to said  attorneys  full power and  authority to do and perform all and
every act and thing  whatsoever  requisite and necessary to be done in and about
the  premises as fully to all  intents  and  purposes as he might or could do if
personally  present at the doing  thereof,  hereby  ratifying and confirming all
that  said  attorneys  may or shall  lawfully  do or cause to be done by  virtue
hereof.

     IN WITNESS WHEREOF, the undersigned has hereunto set his hand this 18th day
of December, 2002.


                                           /s/__________________________________
                                           Stephen Little
                                           Trustee


STATE OF KENTUCKY          )
                           ) ss:
COUNTY OF FAYETTE          )

     Before me, a Notary  Public,  in and for said county and state,  personally
appeared  Stephen  Little,  known to me to be the  person  described  in and who
executed the foregoing  instrument,  and who acknowledged to me that he executed
and delivered the same for the purposes therein expressed.

     WITNESS my hand and official seal this 18th day of December, 2002.


                                                             /s/ Lisa J. Turner
                                                             Notary Public