Quasar Logo]
[Quasar
Logo]
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Milwaukee,
WI 53202
February
23, 2006
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Capital Management, Inc.
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▇.
▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
Chicago,
IL 60606
Via
mail
Dear
▇▇.
▇▇▇▇▇▇▇:
This
letter is written to provide notice that the effective date of the Distribution
Agreement between, Quasar Distributors, LLC (“Quasar”), ▇▇▇▇▇▇▇ Funds, Inc.
(“Perritt Fund”) and ▇▇▇▇▇▇▇ Capital Management, Inc. (the “Adviser”) is to be
January
1, 2006.
This
action was discussed and agreed to during a recent telephone conversation
between ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, President of Quasar, ▇▇▇▇▇ ▇▇▇▇▇▇, Relationship Manager
for the ▇▇▇▇▇▇▇ Fund, and ▇▇▇▇▇▇ ▇▇▇▇▇ a principal of the ▇▇▇▇▇▇▇
Fund.
Please
accept this notice by providing your signature acknowledging the new effective
date and return a signed copy to Quasar at the address above. Please contact
me
if you have any questions or comments.
Acknowledged
receipt of notice: Respectfully,
By:
/s/▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ /s/▇▇▇▇▇
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Name:
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇▇▇
Date:
2/24/06
cc:
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