Attorneys Fidelity Fund (with reference to Clause 1)

ATTORNEYS FIDELITY FUND

Dear Mr Labuschagne

ATTORNEYS AMENDMENT BILL, 1998
I acknowledge receipt of your telefax dated 19 May 1998 herein.

After due consideration by the Fund of the document attached to your letter under reply, I have been directed to advise that Option 1 in regard to Clause 1 (the insertion of subsection (7)) is acceptable to the Fund, subject to the deletion of the words "receiving an instruction to invest money".

JOHN MOORHOUSE
GENERAL MANAGER