FIRST AMENDMENT TO AGREEMENT FOR ADMINISTRATIVE SERVICES

                                               Exhibit e(viii) under Form N-1A
                                             Exhibit 1 under Item 601/Reg. S-K



                              FIRST AMENDMENT TO
                                AGREEMENT FOR
                           ADMINISTRATIVE SERVICES


      This First Amendment to Agreement for Administrative Services (the
"Amendment") dated this 16th day of November, 2001 is entered into by and
between THE RIVERFRONT FUNDS (the "Trust"), on behalf of its series
(individually referred to herein as a "Fund" and collectively as "Funds") and
any classes of shares ("Classes") now existing or hereafter created, as
identified on Exhibit 1 (as the same may be amended from time to time, each
an "Investment Company"), and FEDERATED SERVICES COMPANY, on behalf of itself
and its subsidiaries (the "Administrator").

      WHEREAS,  the Trust and the  Administrator  are parties to an  Agreement
for  Administrative  Services  dated as of February 1, 1999 (the  "Agreement")
under and pursuant to which,  inter alia, the Administrator  agrees to provide
certain services to each Investment Company and/or Fund; and

      WHEREAS,  each party wishes to amend the Agreement by extending the term
of the Agreement.

      NOW,  THEREFORE,  in  consideration of the premises and mutual covenants
hereinafter contained, each party hereto agrees as follows:

1.    Amendment to Article 11.  Article 11 of the Agreement is hereby  amended
         by extending  the term of the Agreement to the earlier of (i) May 31,
         2003 or (ii)  the  date on  which  the  Funds  (either  as  presently
         constituted  or as they may then exist or be  continued  through  any
         merger,  acquisition,  or other  reorganization) cease to be a family
         of registered investment companies.

2.    No Other Amendments.  Except as expressly amended hereby,  the Agreement
         shall continue in full force and effect.

3.    Effective Date.  This Amendment shall be and become  effective on and as
         of the date first above-written.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

      IN WITNESS  WHEREOF,  the  undersigned  have executed this  Amendment by
their duly authorized officers as of the date first above written.



INVESTMENT COMPANIES                   FEDERATED SERVICES COMPANY:
(listed on Exhibit 1 of the Agreement):


By:  /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇                By:  /s. ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇  _
Name:  ▇▇▇▇▇▇ ▇▇▇▇▇▇▇                  Name:  ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title:  Vice President                 Title:  Senior Vice President


THE RIVERFRONT FUNDS



By:  /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Name:  ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title:  Vice President