[ARTISAN FUNDS LETTERHEAD]

January 11, 2006

State Street Bank and Trust Company

66 Brooks Drive,

Braintree, Massachusetts 02184

Ladies and Gentlemen:

This is to advise you that Artisan Funds, Inc. has established a new series of shares to be known as Artisan Opportunistic Value Fund. In accordance with the Additional Funds provision in Article 16 of the Transfer Agency and Service Agreement dated May 1, 2001, as amended October 1, 2003, between Artisan Funds, Inc. and State Street Bank and Trust Company, Artisan Funds, Inc. hereby requests that you act as Transfer Agent for the new series under the terms of the Transfer Agency and Service Agreement.

Please indicate your acceptance of this appointment as Transfer Agent by executing three copies of this Letter Agreement, returning two copies to us and retaining one copy for your records.

ARTISAN FUNDS, INC.
By:	/s/ Lawrence A. Totsky
	Lawrence A. Totsky
	Chief Financial Officer

Agreed to this 31^st day of January, 2006

STATE STREET BANK AND TRUST COMPANY
By:	/s/ Joseph L. Hooley
Name:	Joseph L. Hooley
Title:	Executive Vice President