ARTICLES OF AMENDMENT

                                       OF

                            ARTICLES OF INCORPORATION

                                       OF

                    WARBURG, PINCUS MUNICIPAL BOND FUND, INC.

                  Warburg, Pincus Municipal Bond Fund, Inc. (the "Corporation"),
a corporation organized and existing under and by virtue of the Maryland General
Corporation Law, hereby certifies that:

                  FIRST:  Article II of the Charter of the Corporation is
amended to read as follows:

                                   "ARTICLE II

                                      NAME

                  The name of the corporation is Credit Suisse Warburg Pincus
Municipal Bond Fund, Inc."

                  SECOND: The above amendment to the Charter was unanimously
approved by the Board of Directors. The amendment is limited to a change
expressly permitted by Section 2-605 of the Maryland General Corporation Law to
be made without action by the stockholders and the Corporation is registered as
an open-end investment company under the Investment Company Act of 1940, as
amended.

                  THIRD:  The above amendment to the Charter shall become
effective as of March 26, 2001.

                  IN WITNESS WHEREOF, the undersigned officers of the
Corporation have executed these Articles of Amendment and do hereby acknowledge
that these Articles of Amendment are the act and deed of the Corporation and
that, to the best of their knowledge, information and belief, the matters and
facts contained herein with respect to authorization and approval are true in
all material respects, under penalties of perjury.



DATE: February 27, 2001                        /s/Hal Liebes
                                               -------------------------------
                                                  Hal Liebes
                                                  Vice President and Secretary

ATTEST:

/s/ Gregory N. Bressler
--------------------------------------------

     Gregory N. Bressler
     Assistant Secretary