AMENDMENT NO. 1
to
SCHEDULE I
This Schedule to the Distribution Agreement between Delaware Group
Adviser Funds and Delaware Distributors, L.P. entered into as of April 19, 2001
(the "Agreement") lists the Series and Classes for which Delaware Distributors,
L.P. provides distribution services pursuant to this Agreement, along with the
12b-1 Plan rates, if applicable, for each class and the date on which the
Agreement became effective for each Series.
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Portion designated
as Service Fee Rate
Total 12b-1 Plan Fee (per annum of the
Rate (per annum of the Series' average
Series' average daily daily net assets
net assets represented represented by
Series Name Class Names by shares of the Class) shares of the Class) Effective Date
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Delaware U.S. Growth Fund A Class .35% April 19, 2001
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B Class 1.00% .25% April 19, 2001
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C Class 1.00% .25% April 19, 2001
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Institutional April 19, 2001
Class
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Delaware Diversified Income Fund A Class .30% June 28, 2002
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B Class 1.00% .25% June 28, 2002
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C Class 1.00% .25% June 28, 2002
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Institutional June 28, 2002
Class
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DELAWARE DISTRIBUTORS, L.P. DELAWARE GROUP EQUITY FUNDS III
DELAWARE DISTRIBUTORS, INC.,
General Partner
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: President/Chief Executive Officer Title: President/Chief Executive
Officer/ Chief Financial
Officer