0001193125-06-091102 Sample Contracts

AMENDED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 27th, 2006 • William Blair Funds

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of May 1, 2005 and amended as of May 1, 2006 by and between William Blair & Company, L.L.C., an Illinois limited liability company (the “Advisor”) and William Blair Funds (the “Trust”), on behalf of the William Blair International Growth Fund series of the Trust (the “Fund”).

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AMENDED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 27th, 2006 • William Blair Funds

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of July 19, 2005 and amended as of May 1, 2006 by and between William Blair & Company, L.L.C., an Illinois limited liability company (the “Advisor”) and William Blair Funds (the “Trust”), on behalf of the William Blair International Small Cap Growth Fund series of the Trust (the “Fund”).

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