EX-99 12 ex99d5iii.txt EXHIBIT 99(D)(5)(III) EXHIBIT (d)(5)(iii) AMENDMENT, dated July 1, 2001 to the May 1, 1996 Global Custody Agreement ("Agreement"), between those registered investment companies listed on Schedule A to the Agreement (each a "Customer"), having a place of business at One Commerce Square, Philadelphia, PA 19103, and The Chase Manhattan Bank ("Bank"), having a place of business at 270 Park Ave, New York, N.Y. 10017-2070. It is hereby agreed as follows: Section 1 Except as modified hereby, the Agreement is confirmed in all respects Capitalized terms used herein without definition shall have the meanings ascribed to them in the Agreement. Section 2 The Agreement is amended by deleting the Investment Company Rider dated November 20, 1997 thereto and inserting, in lieu thereof, the following Rider: I Add the following after the first sentence of Section 3 of the Agreement: At the request of Customer, Bank may, but need not, add to Schedule A an Eligible Foreign Custodian where Bunk has not acted as Foreign Custody Manager with respect to the selection thereof Bank shall notify Customer in the event that it elects to add any such entity II Add the following language to the end of Section 3 of the Agreement: (i) The term Subcustodian as used herein shall mean the following: (a) a "U S Bank," which shall mean a U S bank as defined in rule I7f-5(a)(7); and (b) an "Eligible Foreign Custodian," which, as defined in rule 17f-5(a)(l) and (5), shall mean (i) a banking institution or trust company, incorporated or organized under the laws of a country other than the United States, that is regulated as such by that country's government or an agency thereof, and (ii) a majority-owned direct or indirect subsidiary of a U.S. Bank or bank holding company which subsidiary is incorporated or organized under the Saws of a country other than the United States In addition, an Eligible Foreign Custodian shall also mean any other entity that shall have been so qualified by exemptive order, rule or other appropriate action of the SEC (ii) The term "securities depository" as used herein shall mean the following when referring to a securities depository located: (a) outside the US., an "Eligible Securities Depository" which, in turn, shall have the same meaning as in rule 17f-7(b)(l)(i)-(vi) as the same may be amended from time to time, or that has otherwise been made exempt by an SEC exemptive order, rule or other appropriate SEC action, except that prior to the compliance date with rule 17f-7 for a particular securities depository the term "securities depository" shall be as defined in (a)(l)(ii)-(iii) of the 1997 amendments to rule 17f-5 (b) in the U S , a "securities depository" as defined in SEC rule 17f-4(a) (iii) For purposes of clarity, it is understood and agreed that the term Subcustodian shall not include any securities depository. For purposes of the provisions of the Agreement imposing liability on Bank, the term Subcustodian shall not include any Eligible Foreign Custodian as to which Bank has not acted as Foreign Custody Manager. III Add new Section 16 to the Agreement as follows: 16 Compliance with Securities and Exchange Commission rule 17f-5 ("rule 17f-5"). (a) Customer's board of directors (or equivalent body) (hereinafter "Board") hereby delegates to Bank, and Bank hereby accepts the delegation to it of, the obligation to perform as Customer's "Foreign Custody Manager" (as that term is defined in rule 17f-5(a)(3)), including for the purposes of: (i) selecting Eligible Foreign Custodians (as that term is defined in rule 17f-5(a)(l), as the same may be amended from time to time, or that have otherwise been exempted by SEC exemptive order, rule or other appropriate SEC action) to hold Customer's Foreign Assets, and (ii) evaluating the contractual arrangements with such Eligible Foreign Custodians (as set forth in rule 17f-5(c)(2)), and (iii) monitoring such foreign custody arrangements (as set forth in rule 17f-5(c)(3)). (b) In connection with the foregoing, Bank shall: (i) provide written reports notifying Customer's Board of the placement of Foreign Assets with particular Eligible Foreign Custodians and of any material change in the arrangements with such Eligible Foreign Custodians, with such reports to be provided to Customer's Board at such times as the Board deems reasonable and appropriate based on the circumstances of Customer's foreign custody arrangements but until further notice from Customer requesting a different schedule, such reports shall be provided not less than quarterly in summary form, with a more detailed report annually; (ii) exercise such reasonable care, prudence and diligence in performing as Customer's Foreign Custody Manager as a person having responsibility for the safekeeping of Foreign Assets would exercise; (iii) in selecting an Eligible Foreign Custodian, first have determined that Foreign Assets placed and maintained in the safekeeping of such Eligible Foreign Custodian shall be subject to reasonable care, based on the standards applicable to custodians in the relevant market, after having considered all factors relevant to the safekeeping of such Assets, including, without limitation, those factors set forth in rule 17f-5(c)(l)(i)-(iv); (iv) determine that the written contract with the Eligible Foreign Custodian requires that the Eligible Foreign Custodian will provide reasonable care for Foreign Assets based on the standards applicable to custodians in the relevant market as provided in rule 17f-5(c)(2); and (v) have established a system to monitor the continued appropriateness of maintaining Foreign Assets with particular Eligible Foreign Custodians and performance of the governing contractual arrangements; it being understood, however, that in the event that Bank shall have determined that the existing Eligible Foreign Custodian in a given country would no longer afford Foreign Assets reasonable care and that no other Eligible Foreign Custodian in that country would afford reasonable care, Bank shall promptly so advise Customer and shall then act in accordance with the Instructions of Customer with respect to the disposition of the affected Foreign Assets Subject to (b)(i)-(v) above, Bank is hereby authorized to place and maintain Foreign Assets on behalf of Customer with Eligible Foreign Custodians pursuant to a written contract deemed appropriate by Bank (c) Except as expressly provided herein and in Section 17 hereof, Customer shall be solely responsible to assure that the maintenance of Foreign Assets hereunder complies with the rules, regulations, interpretations and exemptive orders promulgated by or under the authority of the SEC. (d) Bank represents to Customer that it is a U.S.Bank as defined in rule 17f-5(a)(7). Customer represents to Bank that: (1) the Assets being placed and maintained in Bank's custody are subject to the Investment Company Act of 1940, as amended (the "1940 Act") as the same may be amended from time to time; (2) its Board (or other governing body) has determined that it is reasonable to rely on Bank to perform as Customer's Foreign Custody Manager; and (3) its Board (or other governing body) or its investment adviser shall have determined that Customer may maintain Foreign Assets in each country in which Customer's Foreign Assets shall be held hereunder and determined to accept the risks arising therefrom (including, but not limited to, a country's financial infrastructure, prevailing custody and settlement practices, laws applicable to the safekeeping and recovery of Foreign Assets held in custody, and the likelihood of nationalization, currency controls and the like) (collectively ("Country 2 Risk")) Nothing contained herein shall require Bank to make any selection on behalf of Customer that would entail consideration of Country Risk and, except as may be provided in (e) below, to engage in any monitoring of Country Risk (e) Bank shall provide to Customer such information relating to Country Risk as is specified in Appendix 1-A hereto Customer hereby acknowledges that: (i) such information is solely designed to inform Customer of market conditions and procedures and is not intended as a recommendation to invest or not invest in particular markets; and (ii) Bank has gathered the information from sources it considers reliable, but that Bank shall have no responsibility for inaccuracies or incomplete information IV Add the following language to the end of the First sentence of Section 4(d) of the Agreement: "or, in the case of cash deposits, except for liens or rights in favor of creditors of the Subcustodian arising under bankruptcy, insolvency or similar laws." V Add a new Section 17 to the Agreement as follows: 17 Compliance with Securities and Exchange Commission rule 17f-7 ("rule 17f-7") (a) Bank shall, for consideration by Customer, provide an analysis in accordance with rule 17f-7(a)(l)(i)(A) of the custody risks associated with maintaining Customer's Foreign Assets with each Eligible Securities Depository used by Bank as of the date hereof (or, in the case of an Eligible Securities Depository not used by Bank as of the date hereof, prior to the initial placement of Customer's Foreign Assets at such Depository) and at which any Foreign Assets of Customer are held or are expected to be held. The foregoing analysis will be provided to Customer at Bank's Website. In connection with the foregoing, Customer shall notify Bank of any Eligible Securities Depositories at which it does not choose to have its Foreign Assets held. Bank shall monitor the custody risks associated with maintaining Customer's Foreign Assets at each such Eligible Securities Depository on a continuing basis and shall promptly notify Customer or its adviser of any material changes in such risks (b) Bank shall exercise reasonable care, prudence and diligence in performing the requirements set forth in Section 17(a) above. (c) Based on the information available to it in the exercise of diligence, Bank shall determine the eligibility under rule 17f-7 of each depository before including it on Appendix 1-B hereto and shall promptly advise Customer if any Eligible Securities Depository ceases to be eligible (Eligible Securities Depositories used by Bank as of the date hereof are set forth in Appendix I-B hereto, and as the same may be amended on notice to Customer from time to time) (d) Bank need not commence performing any of the duties set forth in this Section 17 prior to March 31, 2001, but Bank shall advise Customer if it is prepared to commence such duties prior to such date as to particular depositories ********************** IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written Customer THE CHASE MANHATTAN BANK By: /s/ David K. Downes By: ------------------------ ------------------------ Name: Name: Title: Title: Date: July 1, 2001 Date: July 1, 2001 3 (d) Bank need not commence performing any of the duties set forth in this Section 17 prior to March 31, 2001, but Bank shall advise Customer if it is prepared to commence such duties prior to such date as to particular depositories. ********************** IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above Customer THE CHASE MANHATTAN BANK By: ______________ By: /s/ Rosemary M, Stidmon ------------------------ Name: Name: Rosemary M, Stidmon Title: Title: Vice President Date: July 1, 2001 Date: July 1, 2001 4 Appendix 1-A Information Regarding Country Risk 1. To aid Customer in its determinations regarding Country Risk, Bank shall furnish annually and upon the initial placing of Foreign Assets into a country the following information (check items applicable): A Opinions of local counsel concerning: |x| i Whether applicable foreign law would restrict the access afforded Customer's independent public accountants to books and records kept by an Eligible Foreign Custodian located in that country |x| ii Whether applicable foreign law would restrict the Customer's ability to recover its assets in the event of the bankruptcy of an Eligible Foreign Custodian located in that country. |x| iii Whether applicable foreign law would restrict the Customer's ability to recover assets that axe lost while under the control of an Eligible Foreign Custodian located in the country. B. Written information concerning: |x| i. The likelihood of expropriation, nationalization, freezes, or confiscation of Customer's assets |x| ii. Whether difficulties in converting Customer's cash and cash equivalents to U.S. dollars axe reasonably foreseeable. C. A market report with respect to the following topics: (i) securities regulatory environment, (ii) foreign ownership restrictions, (iii) foreign exchange, (iv) securities settlement and registration, (v) taxation, (vi) market settlement risk, (vii) Eligible Securities Depositories (including Depositor evaluation), if any 2 Bank shall furnish the following additional information: Market flashes, including with respect to changes in the information in market reports Appendix 1-B ELIGIBLE SECURITIES DEPOSITORIES [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ Argentina CVSA Equity, Corporate Debt, Government Debt (Caja de Valores S.A.,) ------------------------------------------------------------------------------------------------------------------------------------ Argentina CRYL Government Debt (Central de Registration y Liquidacion de Instruments de Endeudamiento Publico) ------------------------------------------------------------------------------------------------------------------------------------ Australia Austraclear Limited Corporate Debt, Money Market, Semi-Government Debt ------------------------------------------------------------------------------------------------------------------------------------ Australia CHESS Equity (Clearing House Electronic Sub-register System) ------------------------------------------------------------------------------------------------------------------------------------ Australia RITS Government Debt (Reserve Bank of Australia/Reserve Bank Information and Transfer System) ------------------------------------------------------------------------------------------------------------------------------------ Austria OeKB Equity, Corporate Debt, Government Debt (Oesterreichische Kontrollbank AG) ------------------------------------------------------------------------------------------------------------------------------------ Belgium CIK Equity, Corporate Debt (Caisse interprofessionnelle de Depots et de Virements de Titres S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Belgium NBB Corporate Debt, Government Debt (National Bank of Belgium) ------------------------------------------------------------------------------------------------------------------------------------ Brazil CBLC Equity (Companhia Brasileira de Liquidacao e Custodia) ------------------------------------------------------------------------------------------------------------------------------------ Brazil CETIP (Central de Custodia e Liquidacuo Financiera de Titulos Corporate Debt Privados) ------------------------------------------------------------------------------------------------------------------------------------ Brazil SELIC Government Debt (Sistema Especial de Liquidacao e Custodia) ------------------------------------------------------------------------------------------------------------------------------------ Bulgaria BNB Government Debt (Bulgaria National Bank) ------------------------------------------------------------------------------------------------------------------------------------ Bulgaria CDAD Equity, Corporate Debt (Central Depository A.D) ------------------------------------------------------------------------------------------------------------------------------------ Canada CDS Equity, Corporate, Government Debt (The Canadian Depository for Securities Limited) ------------------------------------------------------------------------------------------------------------------------------------ Chile DCV Equity, Corporate Debt, Government Debt (Deposito Central de Valores S.A) ------------------------------------------------------------------------------------------------------------------------------------ China, SSCCRC Equity ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible for inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 2 June 4, 2001 Network Management [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ Shanghai (Shanghai Securities Central Clearing and Registration Corporation) ------------------------------------------------------------------------------------------------------------------------------------ China, Shenzhen SSCC Equity (Shenzhen Securities Clearing Company, Limited) ------------------------------------------------------------------------------------------------------------------------------------ Colombia DCV Government Debt (Deposito Central dc Valores) ------------------------------------------------------------------------------------------------------------------------------------ Colombia DECEVAL Equity, Corporate Debt, Government Debt (Deposito Centralizado de Valores de Colombia S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Croatia SDA Equity, Government Debt (Central Depository Agency Inc. - Stredisnja depozitama agencija d.d.) ------------------------------------------------------------------------------------------------------------------------------------ Croatia MOF Short-term debt issued by the Ministry of Finance. (Ministry of Finance of the Republic of Croatia) ------------------------------------------------------------------------------------------------------------------------------------ Croatia CNB Short-term debt issued by the National Bank of Croatia. (Croatian National Bank) ------------------------------------------------------------------------------------------------------------------------------------ Czech Republic SCP Equity, Corporate Debt, Government Debt (Stredisko cennych papiru - Ceska republica) ------------------------------------------------------------------------------------------------------------------------------------ Czech Republic CNB Government Debt (Czech National Bank) ------------------------------------------------------------------------------------------------------------------------------------ Denmark VP Equity, Corporate Debt, Government Debt (Vaerdipapircentralen A/S) ------------------------------------------------------------------------------------------------------------------------------------ Egypt MCSD Equity, Corporate Debt (Misr for Clearing, Settlement and Depository, S.A.E.) ------------------------------------------------------------------------------------------------------------------------------------ Estonia ECDS Equity, Corporate Debt, Government Debt (Estonian Central Depository for Securities Limited - Eesti Vaatpaberite Keskdepositoorium) ------------------------------------------------------------------------------------------------------------------------------------ Finland APK Equity, Corporate Debt, Government Debt (Finnish Central Securities Depository Limited) ------------------------------------------------------------------------------------------------------------------------------------ France Euroclear France Equity, Corporate Debt, Government Debt ------------------------------------------------------------------------------------------------------------------------------------ Germany Clearstream Equity, Corporate Debt, Government Debt (Clearstream Banking AG) ------------------------------------------------------------------------------------------------------------------------------------ Greece CSD Equity, Corporate Debt (Central Securities Depository S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Greece BoG Government Debt ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible for inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 3 June 4, 2001 Network Management [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ (Bank of Greece) ------------------------------------------------------------------------------------------------------------------------------------ Hong Kong HKSCC Equity (Hong Kong Securities Clearing Company Limited) ------------------------------------------------------------------------------------------------------------------------------------ Hong Kong CMU Corporate Debt, Government Debt (Central Moneymarkets Unit) ------------------------------------------------------------------------------------------------------------------------------------ Hungary KELER Equity, Corporate Debt, Government Debt (Central Clearing House and Depository (Budapest) Ltd - Kozponti Elszamolohaz es Ertektar (Budapest)Rt) ------------------------------------------------------------------------------------------------------------------------------------ India NSDL Equity, Corporate Debt, Government Debt (National Securities Depository Limited) ------------------------------------------------------------------------------------------------------------------------------------ India CDSL Equity (Central Depository Services (India) Limited) ------------------------------------------------------------------------------------------------------------------------------------ India RBI Government Debt (Reserve Bank of India) ------------------------------------------------------------------------------------------------------------------------------------ Indonesia KSEI Equity, Corporate Debt (PT Kustodian Sentral Efek Indonesia) ------------------------------------------------------------------------------------------------------------------------------------ Ireland CREST Equity, Corporate Debt (CRESTCo Limited) ------------------------------------------------------------------------------------------------------------------------------------ Israel TECH Equity, Corporate Debt, Government Debt (Tel Aviv Stock Exchange Clearing House) ------------------------------------------------------------------------------------------------------------------------------------ Italy Monte Titoli S.p.A. Equity, Corporate Debt, Government Debt ------------------------------------------------------------------------------------------------------------------------------------ Ivory Coast DC/BR Equity (Le Depositaire Central / Banque de Reglement) ------------------------------------------------------------------------------------------------------------------------------------ Jamaica JCSD Equity, Corporate Debt, Government Debt (Jamaica Central Securities Depository) ------------------------------------------------------------------------------------------------------------------------------------ Japan JASDEC Equity, Convertible Debt (Japan Securities Depository Center) ------------------------------------------------------------------------------------------------------------------------------------ Japan BoJ Registered Government Debt (Bank of Japan) ------------------------------------------------------------------------------------------------------------------------------------ Kazahkstan CSD Equity (Central Securities Depository CJSC) ------------------------------------------------------------------------------------------------------------------------------------ Kenya CBCD Government Debt (Central Bank Central Depository) ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible for inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 4 June 4, 2001 Network Management [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ Latvia LCD Equity, Corporate Debt, Government Debt (Latvian Central Depository) ------------------------------------------------------------------------------------------------------------------------------------ Lebanon Midclear S.A.L. Equity (Custodian and Clearing Center of Financial Instruments for Lebanon and the Middle East S.A.L.) ------------------------------------------------------------------------------------------------------------------------------------ Lithuania CSDL Equity, Corporate Debt, Government Debt (Central Securities Depository of Lithuania) ------------------------------------------------------------------------------------------------------------------------------------ Luxembourg CBL Equity (Clearstream Banking Luxembourg S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Malaysia MCD Equity, Corporate Debt (Malaysian Central Depository Sdn., Bhd.) ------------------------------------------------------------------------------------------------------------------------------------ Malaysia BNM Government Debt (Bank Negara Malaysia) ------------------------------------------------------------------------------------------------------------------------------------ Mauritius CDS Equity, Corporate Debt (Central Depository and Settlement Company Limited) ------------------------------------------------------------------------------------------------------------------------------------ Mexico INDEVAL Equity, Corporate Debt, Government Debt (S.D. INDEVAL S.A. de C.V.) ------------------------------------------------------------------------------------------------------------------------------------ Morocco Maroclear Equity, Corporate Debt, Government Debt ------------------------------------------------------------------------------------------------------------------------------------ Netherlands NECIGEF Equity, Corporate Debt, Government Debt (Nederlands Centraal Insituut voor Giraal Effectenverkeer B.V.) ------------------------------------------------------------------------------------------------------------------------------------ New Zealand NZCSD Equity, Corporate Debt, Government Debt (New Zealand Central Securities Depository) ------------------------------------------------------------------------------------------------------------------------------------ Nigeria CSCS Equity, Corporate Debt, Government Debt (Central Securities Clearing System Limited) ------------------------------------------------------------------------------------------------------------------------------------ Norway VPS Equity, Corporate Debt, Government Debt (Verdipapirsentralen) ------------------------------------------------------------------------------------------------------------------------------------ Oman MDSRC Equity, Corporate Debt (The Muscat Depository and Securities Registration Company, S.A.O.C.) ------------------------------------------------------------------------------------------------------------------------------------ Pakistan CDC Equity, Corporate Debt (Central Depository Company of Pakistan Limited) ------------------------------------------------------------------------------------------------------------------------------------ Pakistan SBP Government Debt (State Bank of Pakistan) ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible for inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 5 June 4, 2001 Network Management [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ Peru CAVALI Equity, Corporate Debt, Government Debt (CAVALIICLV S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Philippines PCD Equity (Philippine Central Depository, Inc.) ------------------------------------------------------------------------------------------------------------------------------------ Philippines ROSS Government Debt (Bangko Sentral ng Pilipinas / Register of Scripless Securities) ------------------------------------------------------------------------------------------------------------------------------------ Poland NDS Equity, Long-Term Government Debt (National Depository for Securities S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Poland CRT Short-Term Government Debt (Central Registry of Treasury-Bills) ------------------------------------------------------------------------------------------------------------------------------------ Portugal INTERBOLSA Equity, Corporate Debt, Government Debt (Sociedade Gestora de Sistemas de Liquidacao e de Sistemas Centralizados de Valores Mobiliarios, S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Romania SNCDD Equity (National Company for Clearing, Settlement and Depository for Securities) ------------------------------------------------------------------------------------------------------------------------------------ Romania BSE Equity (Bucharest Stock Exchange) ------------------------------------------------------------------------------------------------------------------------------------ Russia VTB Equity, Corporate Debt, Government Debt (Ministry of Finance Bonds) (Vneshtorgbank) ------------------------------------------------------------------------------------------------------------------------------------ Russia NDC Equity, Corporate Debt, Government Debt (National Depository Centre) ------------------------------------------------------------------------------------------------------------------------------------ Singapore CDP Equity, Corporate Debt (The Central Depository (Pte) Limited) ------------------------------------------------------------------------------------------------------------------------------------ Singapore MAS Government Debt (Monetary Authority of Singapore) ------------------------------------------------------------------------------------------------------------------------------------ Slovak Republic SCP Equity, Corporate Debt, Government Debt (Stredisko cennych papierov SR Bratislava, a.s.) ------------------------------------------------------------------------------------------------------------------------------------ Slovak Republic NBS Government Debt (National Bank of Slovakia) ------------------------------------------------------------------------------------------------------------------------------------ Slovenia KDD Equity, Corporate Debt, Government Debt (Centralna klirinsko depotna druzba d.d.) ------------------------------------------------------------------------------------------------------------------------------------ South Africa CDL Corporate Debt, Government Debt ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible for inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 6 June 4, 2001 Network Management [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ (Central Depository (Pty) Limited) ------------------------------------------------------------------------------------------------------------------------------------ South Africa STRATE Equity (Share Transactions Totally Electronic) ------------------------------------------------------------------------------------------------------------------------------------ South Korea KSD Equity, Corporate Debt, Government Debt (Korea Securities Depository) ------------------------------------------------------------------------------------------------------------------------------------ Spain SCLV Equity, Corporate Debt (Servicio de Compensacion y Liquidacion de Valores. S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Spain CBEO Government Debt (Banco de Espana / Central Book Entry Office) ------------------------------------------------------------------------------------------------------------------------------------ Sri Lanka CDS Equity, Corporate Debt (Central Depository System (Private) Limited) ------------------------------------------------------------------------------------------------------------------------------------ Sweden VPC Equity, Corporate Debt, Government Debt (Vardepapperscentralen AB) ------------------------------------------------------------------------------------------------------------------------------------ Switzerland SIS Equity, Corporate Debt, Government Debt (SIS SegalnterSettle AG) ------------------------------------------------------------------------------------------------------------------------------------ Taiwan TSCD Equity, Government Debt (Taiwan Securities Central Depository Co. Ltd.) ------------------------------------------------------------------------------------------------------------------------------------ Thailand TSD Equity, Corporate Debt, Government Debt (Thailand Securities Depository Company Limited) ------------------------------------------------------------------------------------------------------------------------------------ Transnational DCC Euro-CDs (The Depository and Clearing Centre) ------------------------------------------------------------------------------------------------------------------------------------ Transnational Clearstream Euro-Debt , (Clearstream Banking. S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Transnational Euroclear Euro-Debt ------------------------------------------------------------------------------------------------------------------------------------ Tunisia STICODEVAM Equity, Corporate Debt, Government Debt (Societe Tunisienne Interprofessionnelle pour la Compensation et le Depot des Valeurs Mobilieres) ------------------------------------------------------------------------------------------------------------------------------------ Turkey TAKASBANK Equity, Corporate Debt, Government Debt (IMKB Takas ve Saklama Bankasi A.S.) ------------------------------------------------------------------------------------------------------------------------------------ United Arab DFM Equity, Corporate Debt, Government Debt Emirates (Dubai Financial Market Clearing House) ------------------------------------------------------------------------------------------------------------------------------------ United CREST Equity, Corporate Debt, Government Debt Kingdom (CRESTCo Limited) ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible For inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 7 June 4, 2001 Network Management [LOGO OMITTED] JPMorgan -------------------------------------------------------------------------------- INVESTOR SERVICES NETWORK MANAGEMENT "AT A GLANCE" REPORT SECURITIES DEPOSITORIES
------------------------------------------------------------------------------------------------------------------------------------ COUNTRY DEPOSITORY INSTRUMENTS ------------------------------------------------------------------------------------------------------------------------------------ United Kingdom CMO Sterling & Euro CDs, Commercial Paper (Central Moneymarkets Office) ------------------------------------------------------------------------------------------------------------------------------------ United States DTC Equity, Corporate Debt (Depository Trust Company) ------------------------------------------------------------------------------------------------------------------------------------ United States PTC Mortgage Back Debt (Participants Trust Company) ------------------------------------------------------------------------------------------------------------------------------------ United States FED Government Debt (The Federal Reserve Book-Entry System) ------------------------------------------------------------------------------------------------------------------------------------ Venezuela BCV Government Debt (Banco Central de Venezuela) ------------------------------------------------------------------------------------------------------------------------------------ Venezuela CVV Equity, Corporate Debt, Money Market (Caja Venezolana de Valores, S.A.) ------------------------------------------------------------------------------------------------------------------------------------ Vietnam SCC Equity, Corporate Debt, Government Debt (Securities Custody Centre) ------------------------------------------------------------------------------------------------------------------------------------ Zambia CSD Equity, Government Debt (LuSE Central Shares Depository Limited) ------------------------------------------------------------------------------------------------------------------------------------ Zambia BoZ Government Debt (Bank of Zambia) ------------------------------------------------------------------------------------------------------------------------------------
This document is for information only and is designed to keep you abreast of market conditions and procedures. This document is intended neither to influence your investment decisions nor to amend or supplement any agreement governing your relations with JP Morgan Chase. JP Morgan Chase has gathered the information from a source it considers reliable, however, it cannot be responsible for inaccuracies, incomplete information or updating of the information furnished hereby. JP Morgan Investor Services 8 June 4, 2001 Network Management SCHEDULE A Delaware Group Adviser Funds Delaware New Pacific Fund Delaware Overseas Equity Fund Delaware U.S.Growth Fund Delaware Group Equity Funds I Delaware Balanced Fund Delaware Devon Fund Delaware Group Equity Funds II Delaware Decatur Equity Income Fund Delaware Growth and Income Fund Delaware Diversified Value Fund Delaware Social Awareness Fund Delaware Group Equity Funds III Delaware American Services Fund Delaware Focused Growth Fund Delaware Research Fund Delaware Small Cap Growth Fund Delaware Technology & Innovation Fund Delaware Trend Fund Delaware Group Equity Funds IV Delaware Growth Opportunities Fund Delaware Diversified Growth Fund Delaware Group Equity Funds V Delaware Small Cap Value Fund Delaware Retirement Income Fund Delaware Small Cap Contrarian Fund Delaware Group Foundation Funds Delaware Income Portfolio Delaware Balanced Portfolio Delaware Growth Portfolio Delaware S&P 500 Index Fund Delaware Group Global and International Funds Delaware Emerging Markets Fund Delaware Global Bond Fund Delaware Global Equity Fund Delaware International Equity Fund Delaware International Small Cap Fund Delaware Group Government Fund Delaware American Government Bond Fund Delaware Group Income Funds Delaware Corporate Bond Fund Delaware Delchester Fund Delaware Extended Duration Bond Fund Delaware High-Yield Opportunities Fund Delaware Strategic Income Fund Delaware Group Limited-Term Government Funds Delaware Limited-Term Government Fund Delaware Pooled Trust The All-Cap Growth Equity Portfolio The Diversified Core Fixed Income Portfolio The Emerging Markets Portfolio The Global Equity Portfolio The Global Fixed Income Portfolio The High-Yield Bond Portfolio The International Equity Portfolio The International Fixed Income Portfolio The International Large-Cap Equity Portfolio The International Small-Cap Portfolio The Labor Select International Equity Portfolio The Large-Cap Growth Equity Portfolio The Real Estate Investment Trust Portfolio The Real Estate Investment Trust Portfolio II The Small-Cap Growth Equity Portfolio The Small-Cap Value Equity Portfolio Delaware Group Premium Fund Balanced Series Convertible Securities Series Devon Series Emerging Markets Series Global Bond Series Growth and Income Series Growth Opportunities Series High Yield Series International Equity Series REIT Series Select Growth Series Small Cap Value Series Social Awareness Series Strategic Income Series Technology and Innovation Series Trend Series U.S. Growth Series