AMENDMENT TO TRANSFER AGENCY AND SERVICE AGREEMENT THIS AMENDMENT to the Transfer Agency and Service Agreement by and between Global Unity Fund, Inc. (the "Fund") and Prudential Mutual Fund Services LLC (successor to Prudential Mutual Fund Services,...

               AMENDMENT TO TRANSFER AGENCY AND SERVICE AGREEMENT

     THIS AMENDMENT to the Transfer Agency and Service  Agreement by and between
Global Unity Fund,  Inc.  (the "Fund") and  Prudential  Mutual Fund Services LLC
(successor to Prudential Mutual Fund Services, Inc.) ("PMFS") is entered into as
of August 24, 1999.

     WHEREAS,  the Fund and PMFS have entered into a Transfer Agency and Service
Agreement  (the  "Agreement")  pursuant to which PMFS serves as transfer  agent,
dividend disbursing agent and shareholder servicing agent for the Fund; and

     WHEREAS,  the Fund and PMFS  desire to amend the  Agreement  to confirm the
Fund's agreement to pay transfer agency account fees and expenses for beneficial
owners  holding  shares through  omnibus  accounts  maintained by The Prudential
Insurance Company of America, its subsidiaries or affiliates.

     NOW,  THEREFORE,  for  and  in  consideration  of the  continuation  of the
Agreement, and other good and valuable consideration, Article 8 of the Agreement
is amended by adding the following Section:

          8.04  PMFS may  enter  into  agreements  with  Prudential  or any
     subsidiary  or affiliate of  Prudential  whereby PMFS will maintain an
     omnibus  account and the Fund will  reimburse PMFS for amounts paid by
     PMFS to Prudential,  or such subsidiary or affiliate, in an amount not
     in excess of the annual  maintenance  fee for each  active  beneficial
     shareholder  account as if each  beneficial  shareholder  account were
     maintained by PMFS on the Fund's records,  subject to the fee schedule
     attached  hereto  as  Schedule  A.   Prudential,   its  subsidiary  or
     affiliate, as the case may be, shall maintain records relating to each
     beneficial  shareholder  account that  underlies  the omnibus  account
     maintained by PMFS.


     IN WITNESS  WHEREOF,  the parties  hereto have caused this  Amendment to be
executed in their names and on their behalf by and through their duly authorized
officers, as of the day and year first above written.

GLOBAL UTILITY FUND, INC.                    ATTEST:

By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇                      By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
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        ▇▇▇▇▇▇ ▇. ▇▇▇▇▇                              ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
        Vice President

PRUDENTIAL MUTUAL FUND SERVICES LLC

                                             ATTEST:

By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇                      By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
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        ▇▇▇▇▇▇ ▇. ▇▇▇▇▇                              ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
        Executive Vice President                     Vice President and
                                                     Assistant Secretary