AMENDMENT NO. 12 TO DISTRIBUTION AGREEMENT (The AAL Mutual Funds)

AMENDMENT NO. 12
TO DISTRIBUTION AGREEMENT
(The AAL Mutual Funds)

Exhibit A to the The AAL Mutual Funds Distribution Agreement between Thrivent Investment Management Inc. and The AAL Mutual Funds, dated June 15, 1997, is hereby amended, effective February 1, 2004, as follows:

1. Exhibit A is modified to add Thrivent Mid Cap Growth Fund, Thrivent High Yield Fund, Thrivent Income Fund, and Thrivent Limited Maturity Bond Fund.

A revised Exhibit A is attached hereto.

THE AAL MUTUAL FUNDS

By /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
  -------------------------------------
   ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, President

THRIVENT INVESTMENT MANAGEMENT INC.

By /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
  -------------------------------------
   ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, President

EXHIBIT A
TO
THE AAL MUTUAL FUNDS DISTRIBUTION AGREEMENT
(Effective February 1, 2004)

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 2006
   
   
6. The AAL Mid Cap Stock Fund
   
   
7. The AAL Equity Income Fund
   
   
8. The AAL International Fund
   
   
9. The AAL Small Cap Stock Fund
   
   
10. The AAL High Yield Bond Fund
    
    
11. The AAL Balanced Fund
    
    
12. The AAL Large Company Index Fund
    
    
13. The AAL Mid Cap Index Fund
    
    
14. The AAL Bond Index Fund
    
    
15. The AAL Large Company Index Fund II
    
    
16. The AAL Mid Cap Index Fund II
    
    
17. The AAL Small Cap Index Fund II
    
    
18. The AAL Aggressive Growth Fund
    
    
19. The AAL Technology Stock Fund
    
    
20. The AAL Small Cap Value Fund
    
    
21. Thrivent Mid Cap Growth Fund
    
    
22. Thrivent High Yield Fund
    
    
23. Thrivent Income Fund
    
    
24. Thrivent Limited Maturity Bond Fund