January __, 2005 Cohen & Steers Capital Management, Inc. 757 Third Avenue New York, New York 10017 Dear Sirs: Cohen & Steers Dividend Majors Fund, Inc. (the "Fund") hereby accepts your offer to purchase 5,250 shares at a price of $19.10 per share for...

                                                                       Exhibit p

                    ▇▇▇▇▇ & Steers Dividend Majors Fund, Inc.
                                ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
                            ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇


                                                    January __, 2005

▇▇▇▇▇ & Steers Capital Management, Inc.
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇

Dear Sirs:

         ▇▇▇▇▇ & Steers Dividend Majors Fund, Inc. (the "Fund") hereby accepts
your offer to purchase 5,250 shares at a price of $19.10 per share for an
aggregate purchase price of $100,275. This agreement is subject to the
understanding that you have no present intention of selling or redeeming the
shares so acquired.

                                      Sincerely,

                                      ▇▇▇▇▇ & Steers Dividend
                                      Majors Fund, Inc.



                                      By:
                                          ______________________________________


Accepted:

▇▇▇▇▇ & Steers Capital Management, Inc.



By:
    ______________________________________