BROWN BROTHERS HARRIMAN & CO. - GLOBAL CUSTODY NETWORK
U.S. GLOBAL ACCOLADE FUNDS
APPENDIX A TO THE CUSTODIAN AGREEMENT
COUNTRY SUBCUSTODIAN DEPOSITORIES
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AUSTRALIA NATIONAL AUSTRALIA BANK LTD.(NAB) Austraclear
National Australia Bank Agt. 5/1/85 CHESS
Agreement Amendment 2/13/92 RBA
Omnibus Amendment 11/22/93
BRAZIL BANKBOSTON NA, SAO PAULO CBLC
The First National Bank of Boston
Agreement 1/5/88
Omnibus Amendment 2/22/94
Amendment 7/29/96
BULGARIA ING BANK NV, SOFIA BNB
ING Bank N.V. Agreement 9/15/97 CDAD
CANADA ROYAL BANK OF CANADA (RBC) Bank of Canada
The Royal Bank of Canada Agreement CDS
2/23/96
CZECH CITIBANK AS FOR CITIBANK NA CNB-TKD System
REPUBLIC Citibank, N.A., New York Agt. 7/16/81 SCP
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
Citibank NA / Citibank AS Agreement
6/24/96
ESTONIA HANSAPANK, TALLINN FOR MERITA BANK ECDSL
Merita Bank Agreement 12/1/97
***BBH'S RESPONSIBILITY FOR THIS
SUBCUSTODIAN IS CONDITIONED ON THE
ABILITY OF BBH TO RECOVER FROM THE
SUBCUSTODIAN.. IN ADDITION, BBH
DOES NOT ACCEPT DELEGATION IN THIS
MARKET.***
FINLAND MERITA BANK PLC FCSD
Union Bank of Finland Agreement
2/27/89
Omnibus Amendment 4/6/94
FRANCE CREDIT AGRICOLE INDOSUEZ (CAI) BdF
Banque Indosuez Agreement 7/19/90 SICOVAM
Omnibus Amendment 3/10/94
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COUNTRY SUBCUSTODIAN DEPOSITORIES
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GERMANY DRESDNER BANK AG CBF
Dresdner Bank Agreement 10/6/95
HONG KONG HONGKONG AND SHANGHAI BANKING CORP. CMU
LTD (HSBC) HKSCC
Hongkong & Shanghai Banking Corp.
Agt. 4/19/91
Omnibus Supplement 12/29/93
Schedule 5/14/96
HUNGARY CITIBANK BUDAPEST RT. FOR CITIBANK NA KELER Ltd
Citibank, N.A., New York Agt. 7/16/81
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
Citibank, N.A. Subsidiary
Amendment 10/19/95
Citibank, N.A. / Citibank Budapest
Agreement 6/23/92
Citibank, N.A. / Citibank Budapest
Amendment 9/29/92
INDONESIA CITIBANK NA, JAKARTA PT KSEI
Citibank, N.A., New York Agt. 7/16/81
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
ITALY BANCA COMMERCIALE ITALIANA (BCI) Monte Titoli
Banca Commerciale Italiana Agreement S.P.A.
5/8/89
Agreement Amendment 10/8/93
Omnibus Amendment 12/14/93
JAPAN BANK OF TOKYO - MITSUBISHI, LTD. (BTM) BoJ
Bank of Tokyo - Mitsubishi Agreement JASDEC
6/17/96
KOREA CITIBANK NA, SEOUL KSD
Citibank, N.A., New York Agt. 7/16/81
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
Citibank, Seoul Agreement Supplement
10/28/94
LATVIA MERITA BANK PLC, RIGA Bank of Latvia
Union Bank of Finland Agreement 2/27/89 LCD
Omnibus Amendment 4/6/94
Side Letter Agreement pending
LATVIA HANSABANK, RIGA FOR MERITA BANK Bank of Latvia
Merita Bank Agreement 12/1/97 LCD
***REQUIRES ADDITIONAL DOCUMENTATION
PRIOR TO INVESTMENT.***
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COUNTRY SUBCUSTODIAN DEPOSITORIES
-------------- ----------------------------------------- ---------------
LITHUANIA VILNIAUS BANKAS, VILNIUS FOR MERITA BANK CSDL
Merita Bank Agreement 12/1/97
***BBH'S RESPONSIBILITY FOR THIS
SUBCUSTODIAN IS CONDITIONED ON THE
ABILITY OF BBH TO RECOVER FROM
THE SUBCUSTODIAN. IN ADDITION, BBH
DOES NOT ACCEPT DELEGATION IN THIS
MARKET.***
LUXEMBOURG KREDIETBANK LUXEMBOURG (KBL) CBL
Kredietbank Luxembourg Agt. 4/7/98
MALAYSIA HSBC BANK MALAYSIA BERHAD (HBMB) FOR BNM
HONGKONG SHANGHAI BANKING CORP. (HSBC) MCD
Hongkong & Shanghai Banking Corp.
Agt. 4/19/91
Omnibus Supplement 12/29/93
Schedule 5/14/96
Malaysia Subsidiary Supplement
5/23/94
Side letter Agreement dated 7/28/97
MEXICO BANCO SANTANDER MEXICANO SA (BSM) FOR Banxico
BANCO DE SANTANDER Indeval
Banco de Santander Agreement 12/14/88
Subsidiary Amendment 10/18/96
NEW ZEALAND NATIONAL AUSTRALIA BANK LTD. (NAB), NZCSD
AUCKLAND
National Australia Bank Agt. 5/1/85
Agreement Amendment 2/13/92
Omnibus Amendment 11/22/93
New Zealand Addendum 3/7/89
NORWAY DEN NORSKE BANK VPS
Den norske Bank Agreement 11/16/94
PHILIPPINES CITIBANK NA, MANILA PCD
Citibank, N.A., New York Agt. 7/16/81 ROSS
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
POLAND CITIBANK (POLAND) SA FOR CITIBANK NA CRBS
Citibank, N.A., New York Agt. 7/16/81 NDS
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
Citibank Subsidiary Amendment 10/30/95
Citibank, N.A. / Citibank Poland S.A.
Agt. 11/6/92
PORTUGAL BANCO COMERCIAL PORTUGUES SA (BCP) CVM
Banco Comercial Portugues 5/18/98
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COUNTRY SUBCUSTODIAN DEPOSITORIES
-------------- ----------------------------------------- ---------------
ROMANIA ING BANK NV, BUCHAREST BSE
ING Bank N.V. Agreement 9/29/97 NBR
SNCDD
RUSSIA CITIBANK T/O FOR CITIBANK NA VTB
Citibank, N.A., New York Agt. 7/16/81 NDC
New York Agreement Amendment 8/31/90
New York Agreement Amendment 7/26/96
Citibank, N.A. Subsidiary Amendment
10/19/95
Citibank N.A. / Citibank T/O Agt.
6/16/97
Side Letter Agt. 8/18/97
***REQUIRES SIGNED AMENDMENT TO THE
CUSTODIAN AGREEMENT PRIOR TO
INVESTMENT.***
RUSSIA CREDIT SUISSE FIRST BOSTON AO (CSFB AO) VTB
FOR CREDIT SUISSE, ZURICH
Credit Suisse First Boston Agreement
8/18/99
Credit Suisse, Zurich Agreement
4/30/96
***REQUIRES SIGNED AMENDMENT TO THE
CUSTODIAN AGREEMENT PRIOR TO
INVESTMENT.***
SINGAPORE HONGKONG & SHANGHAI BANKING CORP. LTD. CDP
(HSBC), SINGAPORE
Hongkong & Shanghai Banking Corp.
Agt. 4/19/91
Omnibus Supplement 12/29/93
Schedule 5/14/96
SLOVAKIA ING BANK NV, BRATISLAVA NBS
ING Bank N.V. Agreement 9/1/98 SCP
SOUTH AFRICA STANDARD BANK OF SOUTH AFRICA (SBSA) CDL
Standard Bank of South Africa STRATE
Agreement 3/11/94
SPAIN BANCO SANTANDER CENTRAL HISPANO SA (BSCH) Banco de Espana
Banco de Santander Agreement 12/14/88 SCL
SRI LANKA HONGKONG & SHANGHAI BANKING CORP. LTD. CDS
(HSBC), COLOMBO
Hongkong & Shanghai Banking Corp. Agt.
4/19/91
Omnibus Supplement 12/29/93
Schedule 5/14/96
SWITZERLAND UBS AG SIS
Union Bank of Switzerland Agreement
12/20/88
Omnibus Amendment 11/29/94
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COUNTRY SUBCUSTODIAN DEPOSITORIES
-------------- ----------------------------------------- ---------------
TAIWAN STANDARD CHARTERED BANK (SCB), TAIPEI TSCD
Standard Chartered Bank Agreement
2/18/92
Omnibus Amendment 6/13/94
Appendix 4/8/96
THAILAND HONGKONG & SHANGHAI BANKING CORP. LTD. TSDC
(HSBC), BANGKOK
Hongkong & Shanghai Banking Corp.
Agt. 4/19/91
Omnibus Supplement 12/29/93
Schedule 5/14/96
UNITED KINGDOM HSBC BANK PLC CMO
Midland Bank Agreement 8/8/90 CREST
Omnibus Amendment 12-15-93
NOTES:
1.) The depositories in Panama and Venezuela are presently elective. It is not
the current intention of Brown Brothers Harriman & Co. to use such
depositories unless their use becomes compulsory. Euroclear is compulsory
for fixed income obligations and elective for equities. Currently, Brown
Brothers Harriman & Co. uses Euroclear for settlement of equities where we
are instructed to do so. We do not use Euroclear for the ongoing
safekeeping of equities.
2.) If you are authorizing investment in Bolivia, Costa Rica, Cyprus, Estonia,
Ghana, Lithuania, Panama or Nigeria, these arrangements are the subject of
additional information in Schedule A to the FCM report.
3.) This appendix reflects changes to the listed markets, subcustodians and/or
central depositories which have been reported within the FCM report(s)
through the date referenced in the lower left hand corner of this appendix.
I HEREBY CERTIFY THAT THE BOARD OR ITS DELEGATE HAS APPROVED THE COUNTRIES AND
CENTRAL DEPOSITORIES LISTED ON THIS APPENDIX
/s/ Susan B. McGee
----------------------------------------
SIGNATURE
NAME: Susan B. McGee
TITLE: Executive Vice President
DATE: September 24, 2001
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