TO THE SHAREHOLDER AND ADMINISTRATIVE SERVICES AGREEMENT

                                   SCHEDULE A

                                     TO THE

                SHAREHOLDER AND ADMINISTRATIVE SERVICES AGREEMENT

                                       FOR

                     ADVANTUS MORTGAGE SECURITIES FUND, INC.

                         (As effective November 1, 2001)

                  (1) Minnesota Life shall receive, as compensation for services
performed as its shareholder servicing agent, an annual account servicing fee
for each shareholder account, determined in accordance with the following table:

                               Annual Account Fee
                               ------------------

                                      $7.00

                  (2) Minnesota Life shall receive, as compensation for its
accounting, auditing, legal and other administrative services pursuant to this
Agreement, a monthly fee determined in accordance with the following table:

                             Monthly Administrative
                                   Service Fee
                                   -----------

                                    $6,200.00

                  The above monthly fees shall be paid to Minnesota Life not
later than five days following the end of each calendar quarter in which said
services were rendered.


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