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Exhibit 99a.3
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FIVE ARROWS SHORT-TERM INVESTMENT TRUST
AMENDMENT NO. 2 TO
THE MASTER TRUST AGREEMENT
AMENDMENT NO. 2 to the Master Trust Agreement of Five Arrows Short-Term
Investment Trust (the "Trust") dated August 13, 1996, as amended.
W I T N E S S E T H
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WHEREAS, Section 7.3 of the Master Trust Agreement dated as of August
13, 1996, as amended, of the Trust (the "Agreement") provides that the Agreement
may be amended at any time, so long as such amendment does not adversely affect
the rights of any shareholder, by an instrument in writing executed by an
officer of the Trust pursuant to the vote of a majority of the Trustees of the
Trust and setting forth such amendment, and shall be effective as of the time
set forth in the instrument;
WHEREAS, Section 1.1 of the Agreement further provides that the
Trustees shall conduct the business of the Trust under such name as they may
from time to time determine;
WHEREAS, the Trustees wish to amend Section 1.1 of the Agreement to
change the name of the Trust;
NOW, THEREFORE, the undersigned, being a duly elected and qualified
officer of the Trust, certifies that (a) a majority of the Trustees of the Trust
at a meeting held on July 17, 1998 approved the following Amendment to the
Agreement; and that such Amendment was to be effective upon the Completion as
defined in the Agreement dated June 19, 1998 between Rothschild Asset Management
Limited, Rothschild International Asset Management Limited and State Street
Global Advisors United Kingdom Limited:
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"Section 1.1 shall be deleted and replaced in its entirety with the
following:
Section 1.1 NAME AND PRINCIPAL OFFICE. The Trust shall be
known as "SSgA International Liquidity Fund" and the Trustees
shall conduct the business of the Trust under that name or any
other name or names as they may from time to time determine.
The principal office of the Trust is located at 0000 Xxxxxxx
Xxxx, Xxxxxxxx, XX 00000 or such location as the Trustees may
from time to time determine.
and (b) the Completion took place on September 22, 1998.
Dated: November 17, 1998
/s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
Vice President and Secretary
