▇▇▇▇ ▇▇▇▇▇▇▇ WORLD FUND
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇ Funds, Inc.
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Ladies and Gentlemen:
Pursuant to Section 14 of the Distribution Agreement dated as of August
1, 1991 between ▇▇▇▇ ▇▇▇▇▇▇▇ World Fund (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, ▇▇▇▇
▇▇▇▇▇▇▇ European Equity 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. ▇▇▇▇ ▇▇▇▇▇▇▇ WORLD FUND
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
--------------------------- -------------------
Chairman, President & CEO President
Dated: March 1, 1998
