▇▇▇▇ ▇▇▇▇▇▇▇ EQUITY TRUST
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇ Funds, Inc.
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Ladies and Gentlemen:
Pursuant to Section 14 of the Distribution Agreement dated as of August
1, 1991 between ▇▇▇▇ ▇▇▇▇▇▇▇ Equity Trust (the "Trust") and ▇▇▇▇ ▇▇▇▇▇▇▇ Broker
Distribution Services, Inc., now known as ▇▇▇▇ ▇▇▇▇▇▇▇ Funds, Inc., please be
advised that the Trust has established a new series of its shares, namely, ▇▇▇▇
▇▇▇▇▇▇▇ Growth Trends Fund (the "Fund"), and please be further advised that the
Trust desires to retain ▇▇▇▇ ▇▇▇▇▇▇▇ Funds, Inc. to serve as distributor and
principal underwriter under the Distribution Agreement for the Fund.
Please indicate your acceptance of this responsibility by signing this
letter as indicated below.
▇▇▇▇ ▇▇▇▇▇▇▇ FUNDS, INC. ▇▇▇▇ ▇▇▇▇▇▇▇ EQUITY TRUST
On behalf of ▇▇▇▇ ▇▇▇▇▇▇▇ Growth Trends Fund
By:___________________________ By:_____________________________
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
President President
Dated: August 28, 2000