<DOCUMENT>
<TYPE>EX-2
<SEQUENCE>6
<FILENAME>min2g2.txt
<DESCRIPTION>MASTER ADMINISTRATIVE SERVICES AGREEMENT
<TEXT>
                                                          EXHIBIT NO. 99.2(g)(2)

                    MASTER ADMINISTRATIVE SERVICES AGREEMENT


MASTER ADMINISTRATIVE SERVICES AGREEMENT dated this 1st day of March, 1997, as
amended effective April 1, 1999, by and among Massachusetts Financial Services
Company, a Delaware corporation (the "Administrator"), and each of the funds (or
trusts acting on behalf of their series) identified from time to time on Exhibit
A hereto (each a "Fund" and collectively the "Funds").

                              W I T N E S S E T H:

WHEREAS, the Funds have entered into Investment Advisory Agreements with the
Administrator (the "Advisory Agreements") pursuant to which the Administrator
provides investment advisory services to the Funds;

WHEREAS, the Advisory Agreements recite that the Administrator will bear certain
expenses associated with the provision of investment advisory services and that
the Funds will bear their own expenses, including expenses of legal counsel to
the Funds, expenses connected with the execution, recording and settlement of
the Funds' portfolio security transactions and expenses of calculating the
Funds' net asset values;

WHEREAS, the Administrator, at its expense, has provided a variety of
administrative services to the Funds for the benefit of the Funds and their
shareholders; and

WHEREAS, the Funds desire to retain the Administrator to render certain legal,
financial administration and other administrative services to the Funds in the
manner and on the terms and conditions hereinafter set forth;

NOW THEREFORE, in consideration of the mutual covenants and agreements of the
parties hereto and hereinafter set forth, the parties covenant and agree as
follows:

1. Administrative Services. Subject to the limitations set forth in the second
paragraph of Section 3 of this Agreement, the Administrator shall render to each
Fund the financial administration services set forth on Exhibit B hereto (the
"Financial Administration Services"), the legal services set forth on Exhibit C
hereto (the "Legal Services") and the other administrative services set forth on
Exhibit D hereto ("Other Administrative Services") (the Financial Administration
Services, Legal Services and Other Administrative Services are collectively
referred to as the "Administrative Services").

         The Administrative Services provided by the Administrator to each Fund
may not include all Administrative Services required by the Fund, due to a
number of considerations, including, without limitation, the Administrator's
level of work flow, staffing and resources, the specialized or unique nature of
the Administrative Services and the relative priorities of such Administrative
Services. The Administrator may, on behalf of each Fund, arrange for or engage
outside legal

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counsel,  accounting or auditing firm or any other outside  service  provider or
vendor (collectively,  "third party vendors") to perform Administrative Services
for the  Fund,  and the Fund  will  bear the  expense  of any such  third  party
vendors;  provided  however,  that the  Administrator  shall promptly inform the
Fund's governing board in the event any third party vendor is engaged to perform
Administrative  Services  for a Fund on a basis  that is  expected  to  generate
significant expenses for a Fund.

2. Maintenance of Books and Records. With respect to the provision of
Administrative Services, the Administrator will preserve for each Fund that is
registered as a registered investment company with the Securities and Exchange
Commission (the "SEC") all records required to be maintained as prescribed by
the rules and regulations of the SEC in the manner and for the time periods
prescribed by such rules. The Administrator agrees that all such records shall
be the property and under the control of each Fund for which they are maintained
and shall be made available, within five business days of any request therefor,
to the Fund's Board of Trustees or auditors during regular business hours at the
Administrator's offices. In the event of termination of this Agreement for any
reason, all such records shall be returned, without charge, promptly to the
appropriate Fund, free from any claim or retention of rights by the
Administrator, except that the Administrator may retain copies of such records.

3. Administrative Fee. Each Fund shall pay the Administrator a fee as agreed to
from time to time and as set forth in Exhibit E hereto (the "Administrative
Fee"). The Administrative Fee shall be accrued for each calendar day and the sum
of the daily fee accruals shall be paid monthly to the Administrator on the
second to last business day of each calendar month. If this Agreement becomes
effective or terminates before the end of any calendar month, the Administrative
Fee for the period from the effective date to the end of such calendar month or
from the beginning of such calendar month to the date of termination, as the
case may be, shall be prorated according to the proportion which such period
bears to the full month in which such effectiveness or termination occurs.

         The governing board of each Fund will, on an annual basis, review the
services provided, the Administrator's costs in providing such services, amounts
paid to third party vendors pursuant to the arrangement described in Section 1
and the amount paid by the Fund to the Administrator pursuant to this Agreement
(including the extent to which such amount is greater or lesser than the
Administrator's costs in providing such services) and such other information as
such board may reasonably request.

4. Scope of Administrative Services; Regulatory and Business and Industry
Practice Developments. The Administrative Services to be furnished by the
Administrator include only those services required by a Fund or which are being
furnished by the Administrator at March 1, 1997. In the event that, subsequent
to March 1, 1997, because of regulatory developments, or new or modified
business or industry practices, the Fund requires services in addition to the
Administrative Services, at the request of the Fund, the Administrator will
consider furnishing such additional services, with compensation for such
additional services to be agreed upon with respect to each such occasion as it
arises.

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<PAGE>

5. Non-Exclusivity. The services of the Administrator to the Funds hereunder are
not to be deemed exclusive and the Administrator shall be free to render similar
services to others.

6. Standard of Care. Neither the Administrator, nor any of its directors,
officers, stockholders, agents or employees, shall be liable or responsible to
any Fund or its shareholders for any error of judgment, mistake of law or any
loss arising out of any act or omission in the performance by the Administrator
of its duties under this Agreement, except for liability resulting from (a)
willful misfeasance, (b) bad faith, (c) in the case of Financial Administration
Services, negligence, and, in the case of Legal Services and Other
Administrative Services, gross negligence, in each case on the Administrator's
part or (d) from reckless disregard by the Administrator of its obligations and
duties under this Agreement.

7. Term, Termination, Amendment and Assignment. This Agreement shall begin on
the date first written above and shall continue indefinitely. The Agreement may
be terminated at any time, without payment of any penalty, by the Board of
Directors/Trustees which oversees the Fund upon sixty (60) days' written notice
to the Administrator. This Agreement may be terminated by the Administrator with
respect to any Fund at any time upon sixty (60) days' written notice to the
Fund. This Agreement may be amended at any time by a written agreement executed
by each party hereto and may be assigned with respect to any Fund only with the
written consent of the Fund and the Administrator.

8. Miscellaneous.

         a.       Captions. The captions in this Agreement are included for
                  convenience of reference only and in no way define or
                  delineate any of the provisions hereof or otherwise affect
                  their construction or effect.

         b.       Governing Law. The provisions of this Agreement shall be
                  construed and interpreted in accordance with the domestic
                  substantive laws of The Commonwealth of Massachusetts, without
                  giving effect to any conflicts or choice of laws rule or
                  provision that would result in the application of the domestic
                  substantive laws of any other jurisdiction.

         c.       Counterparts. This Agreement may be executed simultaneously in
                  two or more counterparts, each of which shall be deemed an
                  original, but all of which together shall constitute one and
                  the same instrument.

         d.       Joinder of Funds. In the event that additional funds are
                  created from time to time which desire to retain the
                  Administrator to provide them with Administration Services
                  pursuant to this Agreement, the Administrator and the
                  additional fund may jointly amend Schedule A hereto to add the
                  additional fund, and the additional fund shall thereafter be
                  deemed a "Fund" for all purposes of this Agreement. The
                  consent of the other parties to this Agreement shall not be
                  required to amend Schedule A hereto.

                                       4
<PAGE>

        e.        Scope of Fund's  Obligations.  A copy of the Declaration of
                  Trust of each  Fund (or trust of which the Fund is a series)
                  organized  as  a   Massachusetts   business  trust  (each  a
                  "Trust"),  is on file  with  the  Secretary  of State of The
                  Commonwealth    of    Massachusetts.    The    Administrator
                  acknowledges  that the obligations of or arising out of this
                  Agreement  are not binding  upon any of a Trust's  trustees,
                  officers,  employees,  agents or shareholders  individually,
                  but are binding  solely upon the assets and  property of the
                  Trust  in  accordance   with  its   proportionate   interest
                  thereunder and  hereunder.  If this Agreement is executed by
                  the Trust on behalf of one or more series of the Trust,  the
                  Administrator  further  acknowledges  that  the  assets  and
                  liabilities  of each  series of the Trust are  separate  and
                  distinct and that the  obligations of or arising out of this
                  Agreement are binding  solely upon the assets or property of
                  the  series on whose  behalf  the Trust  has  executed  this
                  Agreement.   The   Administrator   also   agrees   that  the
                  obligations of each Fund hereunder  shall be several and not
                  joint,  in  accordance  with  its   proportionate   interest
                  hereunder,  and  agrees  not to  proceed  (by way of  claim,
                  set-off or otherwise)  against any Fund for the  obligations
                  of another Fund.


                                       5
<PAGE>


IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed
by their respective officers thereunto duly authorized and their respective
corporate seals to be hereunto affiliated, as of the date first written above.

                                        On behalf of the MFS Family
                                        of Funds, MFS Closed-End
                                        Funds and MFS Institutional
                                        Funds listed on Exhibit A
                                        hereto


                                        By:  ARNOLD D. SCOTT
                                             Arnold D. Scott
                                             Trustee

                                        On behalf of the MFS/Sun
                                        Life Series Trust and
                                        Compass Products listed on
                                        Exhibit A hereto


                                        By:  JOHN D. MCNEIL
                                             John D. McNeil
                                             Chairman

                                        MASSACHUSETTS FINANCIAL SERVICES COMPANY


                                        By:  JEFFREY L. SHAMES
                                             Jeffrey L. Shames
                                             Chairman
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</DOCUMENT>
