NEUBERGER & BERMAN INCOME FUNDS ADMINISTRATION AGREEMENT SCHEDULE B Compensation pursuant to Paragraph 3 of the Neuberger & Berman Income Funds Administration Agreement shall be .27% per annum of the average daily net assets of each Series. Dated: May...

                           ▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ INCOME FUNDS
                               ADMINISTRATION AGREEMENT

                                     SCHEDULE B


              Compensation pursuant  to Paragraph  3 of  the ▇▇▇▇▇▇▇▇▇  & ▇▇▇▇▇▇
     Income Funds  Administration  Agreement shall  be  .27%  per annum  of  the
     average daily net assets of each Series.










     Dated:  May 1, 1995