AMENDMENT NO. 11 TO DISTRIBUTION AGREEMENT

AMENDMENT NO. 11
TO
DISTRIBUTION AGREEMENT

Effective July 17, 2001, The AAL Mutual Funds Distribution Agreement (the “Agreement”) dated June 15, 1987, as amended, between The AAL Mutual Funds and AAL Capital Management Corporation (f/k/a AAL Distributors, Inc.), is further amended as follows:

1. Exhibit A to the Agreement is amended to add AAL Small Cap Value Fund.

A revised Exhibit A, effective as of the date of this Amendment No. 11 is attached and incorporated herein.

IN WITNESS WHEREOF the parties hereto have caused this Amendment to be signed by the respective officers effective as of July 17, 2001.

ATTEST                                      THE AAL MUTUAL FUNDS


By: /s/▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇                 By: /s/▇▇▇▇▇▇ ▇. Same
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ATTEST                                      AAL CAPITAL MANAGEMENT CORPORATION

By: /s/▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇                 By: /s/▇▇▇▇▇▇ ▇. Same
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EXHIBIT A
TO
THE AAL MUTUAL FUNDS DISTRIBUTION AGREEMENT
(EFFECTIVE JULY 17, 2001)

1. The AAL Capital Growth Fund
   
   
2. The AAL Bond Fund
   
   
3. The AAL Municipal Bond Fund
   
   
4. The AAL Money Market Fund
   
   
5. The AAL U.S Government Zero Coupon Target Fund, Series 2001
   
   
6. The AAL U.S Government Zero Coupon Target Fund, Series 2006
   
   
7. The AAL Mid Cap Stock Fund (f/k/a The AAL Smaller Company Stock Fund)
   
   
8. The AAL Equity Income Fund (f/k/a The AAL Utilities Fund)
   
   
9. The AAL International Fund
   
   
10. The AAL Small Cap Stock Fund
    
    
11. The AAL High Yield Bond Fund
    
    
12. The AAL Balanced Fund
    
    
13. The AAL Large Company Index Fund
    
    
14. The AAL Mid Cap Index Fund
    
    
15. The AAL Bond Index Fund
    
    
16. The AAL Large Company Index Fund II
    
    
17. The AAL Mid Cap Index Fund II
    
    
18. The AAL Small Cap Index Fund II
    
    
19. The AAL Aggressive Growth Fund
    
    
20. The AAL Technology Stock Fund
    
    
21. The AAL Small Cap Value Fund