SCHEDULE A

FEE AND EXPENSE AGREEMENT

WELLS FARGO FUNDS TRUST

(Capped Operating Expense Ratios)

FUNDS/CLASSES

Capped Operating

Expense Ratio

Expiration / Renewal Date

Absolute Return Fund

Class A

Class C

Administrator Class

Institutional Class¹

0.80%

1.55%

0.60%

0.35%

February 28, 2014

Adjustable Rate Government Fund²

Class A

Class B

Class C

Administrator Class

Institutional Class

0.74%

1.49%

0.60%

0.49%

July 11, 2013

Asia Pacific Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.60%

2.35%

1.40%

1.25%

1.65%

February 28, 2013

Asset Allocation Fund³

Class A

Class B

Class C

Class R

Administrator Class

Institutional Class

0.87%

1.62%

1.12%

0.64%

0.44%

July 18, 2013

January 31, 2014

C&B Large Cap Value Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.15%

1.90%

0.95%

0.70%

1.20%

September 30, 2012

C&B Mid Cap Value Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.20%

1.95%

1.15%

0.90%

1.25%

January 31, 2013

California Limited-Term Tax-Free Fund

Class A

Class C

Administrator Class

0.80%

1.55%

0.60%

October 31, 2013

California Tax-Free Fund

Class A

Class B

Class C

Administrator Class

0.75%

1.50%

0.55%

October 31, 2013

California Municipal Money Market Fund

Class A

Administrator Class

Institutional Class

Service Class

Sweep Class

0.65%

0.30%

0.20%

0.45%

1.00%

July 11, 2013

Capital Growth Fund⁴

Class A

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

Class R6

1.20%

1.95%

0.94%

0.70%

1.27%

0.75%

0.60%

July 18, 2013

November 30, 2014

Cash Investment Money Market Fund

Administrator Class

Institutional Class

Select Class

Service Class

0.35%

0.20%

0.13%

0.50%

May 31, 2013

Colorado Tax-Free Fund

Class A

Class B

Class C

Administrator Class

0.85%

1.60%

0.60%

October 31, 2012

Common Stock Fund⁵

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.26%

2.01%

1.10%

0.90%

1.29%

January 31, 2013

Conservative Allocation Fund⁶

Administrator Class

0.85%

September 30, 2013

Disciplined U.S. Core Fund⁷

Class A

Class C

Administrator Class

Institutional Class

0.92%

1.67%

0.74%

0.48%

July 18, 2013

Discovery Fund⁸

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.22%

1.97%

1.15%

0.90%

1.29%

July 18, 2013

Diversified Capital Builder Fund⁹

Class A

Class B

Class C

Administrator Class

Institutional Class

1.20%

1.95%

0.95%

0.78%

July 11, 2013

Diversified Equity Fund

Class A

Class B

Class C

Administrator Class

1.25%

2.00%

1.00%

September 30, 2013

Diversified Income Builder Fund¹⁰

Class A

Class B

Class C

Administrator Class

Institutional Class

1.08%

1.83%

0.90%

0.71%

July 11, 2013

Diversified International Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.41%

2.16%

1.25%

0.99%

1.46%

February 28, 2013

Diversified Small Cap Fund¹¹

Administrator Class

1.00%

September 30, 2012

Dow Jones Target 2010 Fund¹²

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

0.99%

1.74%

0.83%
0.48%

0.89%

0.47%

June 30, 2013

June 30, 2014

Dow Jones Target 2015 Fund¹³

Class A

Administrator Class

Institutional Class

Investor Class

Class R4

0.84%

0.49%

0.90%

0.48%

June 30, 2014

June 30, 2013

June 30, 2014

Dow Jones Target 2020 Fund¹⁴

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

1.01%

1.76%

0.85%
0.50%

0.91%

0.50%

June 30, 2013

June 30, 2014

Dow Jones Target 2025 Fund¹⁵

Class A

Administrator Class

Institutional Class

Investor Class

Class R4

0.86%

0.85%

0.50%

0.91%

0.50%

June 30, 2014

June 30, 2013

June 30, 2014

Dow Jones Target 2030 Fund¹⁶

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

1.02%

1.77%

0.86%
0.51%

0.92%

0.51%

June 30, 2013

June 30, 2014

Dow Jones Target 2035 Fund¹⁷

Class A

Administrator Class

Institutional Class

Investor Class

Class R4

0.88%

0.87%

0.52%

0.93%

0.52%

June 30, 2014

June 30, 2013

June 30, 2014

Dow Jones Target 2040 Fund¹⁸

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

1.03%

1.78%

0.87%
0.52%

0.93%

0.52%

June 30, 2013

June 30, 2014

Dow Jones Target 2045 Fund¹⁹

Class A

Administrator Class

Institutional Class

Investor Class

Class R4

0.88%

0.87%

0.52%

0.93%

0.52%

June 30, 2014

June 30, 2013

June 30, 2014

Dow Jones Target 2050 Fund²⁰

Class A

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

0.88%

1.63%

0.87%

0.52%

0.93%

0.52%

June 30, 2014

June 30, 2013

June 30, 2014

Dow Jones Target 2055 Fund²¹

Class A

Administrator Class

Institutional Class

Investor Class

Class R4

0.88%

0.87%

0.52%

0.93%

0.52%

June 30, 2014

June 30, 2013

June 30, 2014

Dow Jones Target Today Fund²²

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

0.96%

1.71%

0.80%
0.45%

0.86%

0.45%

June 30, 2013

June 30, 2014

Emerging Growth Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.37%

2.12%

1.20%

0.90%

1.43%

September 30, 2013

Emerging Markets Equity Fund²³

Class A

Class B

Class C

Administrator Class

Institutional Class

1.81%

2.56%

1.60%

1.30%

July 18, 2013

Emerging Markets Equity Income Fund

Class A

Class C

Administrator Class

Institutional Class

1.65%

2.40%

1.45%

1.25%

February 28, 2014

Emerging Markets Local Bond Fund

Class A

Class C

Administrator Class

Institutional Class

1.23%

1.98%

1.10%

0.90%

February 28, 2014

Endeavor Select Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

1.25%

2.00%

1.00%

0.80%

November 30, 2012

Enterprise Fund²⁴

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.18%

1.93%

1.15%

0.85%

1.25%

July 18, 2013

Equity Value Fund²⁵

Class A

Class B

Class C

Class R

Administrator Class

Institutional Class

1.24%

1.99%

1.49%

1.00%

0.75%

September 30, 2013

Global Opportunities Fund²⁶

Class A

Class B

Class C

Administrator Class

Institutional Class

1.55%

2.30%

1.40%

1.15%

July 18, 2013

Government Money Market Fund

Class A

Administrator Class

Institutional Class

Service Class

Sweep Class

0.65%

0.35%

0.20%

0.50%

1.00%

July 11, 2013

Government Securities Fund²⁷

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

0.87%

1.62%

0.64%

0.48%

0.90%

July 11, 2013

Growth Fund²⁸

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.22%

1.97%

0.96%

0.75%

1.29%

November 30, 2012

Growth Balanced Fund

Class A

Class B

Class C

Administrator Class

1.20%

1.95%

0.95%

September 30, 2013

Heritage Money Market Fund²⁹

Administrator Class

Institutional Class

Select Class

Service Class

0.35%

0.20%

0.13%

0.43%

July 11, 2013

High Income Fund³⁰

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

0.90%

1.65%

0.80%

0.50%

0.93%

July 11, 2013

High Yield Bond Fund³¹

Class A

Class B

Class C

Administrator Class

1.03%

1.78%

0.80%

July 11, 2013

High Yield Municipal Bond Fund³²

Class A

Class C

Administrator Class

Institutional Class

0.85%

1.60%

0.75%

0.60%

January 31, 2014

Income Plus Fund³³

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

0.87%

1.62%

0.72%

0.58%

0.90%

July 11, 2013

Index Asset Allocation Fund

Class A

Class B

Class C

Administrator Class

1.15%

1.90%

0.90%

January 31, 2013

Index Fund

Class A

Class B

Class C

Administrator Class

Investor Class

0.56%

1.31%

0.25%

0.45%

September 30, 2013

Inflation-Protected Bond Fund

Class A

Class B

Class C

Administrator Class

0.85%
1.60%
1.60%
0.60%

September 30, 2012

Intermediate Tax/AMT-Free Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class

0.70%

1.45%

0.60%

0.42%

0.73%

October 31, 2013

International Bond Fund³⁴

Class A

Class B

Class C

Administrator Class

Institutional Class

Class R6

1.03%

1.78%

0.85%

0.73%

0.65%

July 11, 2013

February 28, 2015

International Equity Fund³⁵

Class A

Class B

Class C

Class R

Administrator Class

Institutional Class

1.09%

1.84%

1.34%

1.09%

0.84%

July 18, 2013

International Value Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

1.50%

2.25%

1.25%

1.05%

September 30, 2012

Intrinsic Small Cap Value Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.45%

2.20%

1.20%

1.00%

1.49%

February 28, 2013

Intrinsic Value Fund³⁶

Class A

Class B

Class C

Class R

Administrator Class

Institutional Class

Class R4

Class R6

1.17%

1.92%

1.41%

0.95%

0.85%

0.80%

0.65%

July 18, 2013

November 30, 2014

July 18, 2013

November 30, 2014

Intrinsic World Equity Fund³⁷

Class A

Class C

Administrator Class

Institutional Class

1.40%

2.15%

1.15%

0.95%

July 18, 2013

Large Cap Core Fund³⁸

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.14%

1.89%

0.90%

0.66%

1.21%

July 18, 2013

Large Cap Growth Fund³⁹

Class A

Class C

Class R

Administrator Class

Institutional Class

Investor Class

Class R4

Class R6

1.07%

1.82%

1.32%

0.95%

0.75%

1.14%

0.75%

0.60%

November 30, 2013

November 30, 2014

Large Company Value Fund⁴⁰

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.10%

1.85%

0.85%

0.65%

1.17%

July 18, 2013

Minnesota Tax-Free Fund

Class A

Class B

Class C

Administrator Class

0.85%

1.60%

0.60%

October 31, 2012

Moderate Balanced Fund
Class A
Class B
Class C

Administrator Class

1.15%
1.90%
1.90%

0.90%

September 30, 2012
September 30, 2012
September 30, 2012

September 30, 2012

Money Market Fund

Class A

Class B

Class C

Daily Class

Investor Class

Service Class

0.70%

1.45%

1.00%

0.65%

0.50%

July 11, 2013

Municipal Bond Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

0.75%

1.50%

0.60%

0.48%

0.78%

October 31, 2013

Municipal Cash Management Money Market Fund

Administrator Class

Institutional Class

Service Class

0.30%

0.20%

0.45%

July 11, 2013

Municipal Money Market Fund

Class A

Institutional Class

Investor Class

Service Class

Sweep Class

0.65%

0.20%

0.64%

0.45%

1.00%

July 11, 2013

National Tax-Free Money Market Fund

Class A

Administrator Class

Institutional Class

Service Class

Sweep Class

0.65%

0.30%

0.20%

0.45%

1.00%

May 31, 2013

North Carolina Tax-Free Fund

Class A

Class C

Institutional Class

0.85%

1.60%

0.54%

October 31, 2013

Omega Growth Fund⁴¹

Class A

Class B

Class C

Class R

Administrator Class

Institutional Class

1.30%

2.05%

1.55%

1.05%

0.80%

July 18, 2013

Opportunity Fund⁴²

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.25%

2.00%

1.00%

0.75%

1.32%

July 18, 2013

Pennsylvania Tax-Free Fund

Class A

Class B

Class C

Institutional Class

0.74%

1.49%

0.49%

October 31, 2013

Precious Metals Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

1.09%

1.84%

0.95%

0.79%

July 31, 2013

Premier Large Company Growth Fund⁴³

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

Class R4

Class R6

1.12%

1.87%

0.95%

0.75%

1.19%

0.80%

0.65%

July 18, 2013

November 30, 2014

Prime Investment Money Market Fund⁴⁴

Institutional Class

Service Class

0.20%

0.55%

May 31, 2013

Short Duration Government Bond Fund⁴⁵

Class A

Class B

Class C

Administrator Class

Institutional Class

Class R6

0.83%

1.58%

0.60%

0.42%

0.37%

December 31, 2012

December 31, 2014

Short-Term Bond Fund

Class A

Class C

Institutional Class

Investor Class⁴⁶

0.80%

1.55%

0.48%

0.83%

December 31, 2012

Short-Term High Yield Bond Fund

Class A

Class C

Administrator Class

Institutional Class⁴⁷

Investor Class

0.81%

1.56%

0.65%

0.50%

0.84%

December 31, 2012

December 31, 2013

December 31, 2012

Short-Term Municipal Bond Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class

0.60%

1.35%

0.60%

0.40%

0.63%

October 31, 2013

Small Cap Opportunities Fund

Administrator Class

1.20%

February 28, 2013

Small Cap Value Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

Investor Class

1.30%

2.05%

1.10%

0.90%

1.33%

February 28, 2013

Small Company Growth Fund⁴⁸

Class A

Class B

Class C

Administrator Class

Institutional Class

1.45%
2.20%
2.20%

1.20%

0.95%

September 30, 2013
September 30, 2013
September 30, 2013
September 30, 2013

September 30, 2013

Small Company Value Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

1.45%

2.20%

1.20%

1.00%

September 30, 2013

Small/Mid Cap Core Fund⁴⁹

Class A

Class C

Administrator Class

Institutional Class

1.40%

2.15%

1.15%

0.95%

July 18, 2013

Small/Mid Cap Value Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class⁵⁰

1.40%

2.15%

1.15%

0.95%

1.47%

February 28, 2013

Special Mid Cap Value Fund⁵¹

Class A

Class C

Administrator Class

Institutional Class

Investor Class

1.25%

2.00%

1.14%

0.87%

1.31%

July 18, 2013

Special Small Cap Value Fund⁵²

Class A

Class B

Class C

Administrator Class

Institutional Class

1.34%

2.09%

1.09%

0.94%

July 18, 2013

Specialized Technology Fund

Class A

Class B

Class C

Administrator Class

Investor Class

1.60%

2.35%

1.40%

1.66%

July 31, 2013

Strategic Income Fund⁵³

Class A

Class C

Administrator Class

Institutional Class

0.90%

1.65%

0.75%

0.60%

January 31, 2014

Strategic Municipal Bond Fund⁵⁴

Class A

Class B

Class C

Administrator Class

Institutional Class

0.82%

1.57%

0.68%

0.48%

October 31, 2013

October 31, 2014

Total Return Bond Fund⁵⁵

Class A

Class B

Class C

Class R

Administrator Class

Institutional Class

Investor Class

Class R4

Class R6

0.83%

1.58%

1.08%

0.70%

0.42%

0.84%

0.52%

0.37%

September 30, 2013

September 30, 2014

Traditional Small Cap Growth Fund⁵⁶

Class A

Class C

Administrator Class

Institutional Class

1.33%

2.08%

1.20%

0.98%

July 18, 2013

Treasury Plus Money Market Fund

Class A

Administrator Class

Institutional Class

Service Class

Sweep Class

0.65%

0.35%

0.20%

0.45%

1.00%

July 11, 2013

Ultra Short-Term Income Fund⁵⁷

Class A

Class C

Administrator Class

Institutional Class

Investor Class

0.70%

1.45%

0.55%

0.35%

0.73%

July 11, 2013

Ultra Short-Term Municipal Income Fund

Class A

Class C

Administrator Class

Institutional Class

Investor Class

0.67%

1.42%

0.60%

0.37%

0.70%

October 31, 2012

Utility & Telecommunications Fund

Class A

Class B

Class C

Administrator Class

Institutional Class

1.14%

1.89%

0.95%

0.78%

July 31, 2013

WealthBuilderConservative Allocation Portfolio

1.50%

September 30, 2012

WealthBuilderEquity Portfolio

1.50%

September 30, 2012

WealthBuilderGrowth Allocation Portfolio

1.50%

September 30, 2012

WealthBuilderGrowth Balanced Portfolio

1.50%

September 30, 2012

WealthBuilderModerate Balanced Portfolio

1.50%

September 30, 2012

WealthBuilderTactical Equity Portfolio

1.50%

September 30, 2012

Wisconsin Tax-Free Fund

Class A

Class C

Investor Class

0.70%

1.45%

0.73%

October 31, 2012

100% Treasury Money Market Fund

Class A

Administrator Class

Service Class

Sweep Class

0.65%

0.30%

0.50%

1.00%

July 11, 2013

Most Recent Annual Approval: March 29, 2012

Schedule A amended: November 7, 2012

1. On August 15, 2012 the Board of the Trustees approved the establishment of Institutional Class shares to the Absolute Return Fund effective on or about December 3, 2012.

2. Effective January 1, 2013, the expiration/renewal date for each class of the Adjustable Rate Government Fund will be December 31, 2013. In addition, effective January 1, 2013, the net operating expense ratio for the Institutional Class will be reduced from 0.49% to 0.46%.

3. Effective February 1, 2013, the expiration/renewal date for each class of the Asset Allocation Fund will be January 31, 2014. At the August 2012 Board meeting, the Trustees approved the establishment of Institutional Class shares to the Asset Allocation Fund effective on or about December 3, 2012.

4. Effective December 1, 2012, the expiration/renewal date for each class of the Capital Growth Fund will be November 30, 2013 and the net operating expense ratio for the Investor Class will be reduced from 1.27% to 1.26%. On August 15, 2012 the Board of Trustees approved the establishment of Class R4 and R6 shares. The Class R4 and R6 shares will commence operations on or about December 3, 2012. In addition, the Board was notified of further reductions to the net operating expense ratios, as follows: Class A 1.11%; Class C 1.86%; Administrator Class 0.90%; Institutional Class 0.65%; and Investor Class 1.17%. The expiration dates for all classes will be November 30, 2014.

5. Subject to shareholder approval of the reorganization of the Small/Mid Cap Core Fund into the Common Stock Fund in March 2013, the expiration/renewal dates for all classes will be January 31, 2015.

6. On November 7, 2012, the Board of Trustees approved the liquidation of the Conservative Allocation Fund. The liquidation will occur by the end of May 2013.

7. Effective December 1, 2012, the expiration/renewal date for each class of the Disciplined U.S. Core Fund will be November 30, 2013.

8. Effective February 1, 2013, the expiration/renewal date for each class of the Discovery Fund will be January 31, 2014. In addition, effective February 1, 2013, a reduction to the net operating expense ratio for the Institutional Class and Investor Class will occur as follows: Institutional Class from 0.90% to 0.89%; Investor Class from 1.29% to 1.28%.

9. Effective February 1, 2013, the expiration/renewal date for each class of the Diversified Capital Builder Fund will be January 31, 2014.

10. Effective February 1, 2013, the expiration/renewal date for each class of the Diversified Income Builder Fund will be January 31, 2014.

11. On November 7, 2012 the Board of Trustees approved the reorganization of the Diversified Small Cap Fund into the Small Company Growth Fund. Subject to shareholder approval, the reorganization will become effective in March 2013.

12. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2010 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Class A 0.83%; Class B 1.58%; Class C 1.58%; Administrator Class 0.67%; Investor Class 0.88%; and Class R6 0.32% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014.

13. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2015 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Administrator Class 0.68%; Investor Class 0.89%; and Class R6 0.33% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014. In addition, on November 7, 2012 the Board of Trustees approved the issuance of Class A shares, effective in the fourth quarter 2012.

14. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2020 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Class A 0.86%; Class B 1.61%; Class C 1.61%; Administrator Class 0.70%; Investor Class 0.91%; and Class R6 0.35% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014.

15. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2025 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Administrator Class 0.70%; Investor Class 0.91%; and Class R6 0.35% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014. In addition, on November 7, 2012 the Board approved the issuance of Class A shares, effective in the fourth quarter 2012.

16. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2030 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Class A 0.87%; Class B 1.62%; Class C 1.62%; Administrator Class 0.71%; Investor Class 0.92%; and Class R6 0.36% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014.

17. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2035 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Administrator Class 0.72%; Investor Class 0.93%; and Class R6 0.37% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014. In addition, on November 7, 2012 the Board approved the issuance of Class A shares, effective in the fourth quarter 2012.

18. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2040 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Class A 0.88%; Class B 1.63%; Class C 1.63%; Administrator Class 0.72%; Investor Class 0.93%; and Class R6 0.37% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014.

19. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Date 2045 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Administrator Class 0.72%; Investor Class 0.93%; and Class R6 0.37% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014. In addition, on November 7, 2012 the Board approved the issuance of Class A shares, effective in the fourth quarter 2012.

20. On August 15, 2012, the Board of Trustees approved the establishment of Class A, C and Class R4 shares for the Target Date 2050 Fund and the modification of the Institutional Class to Class R6 shares. Class A, C and Class R4 shares will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Administrator Class 0.72%; Investor Class 0.93%; and Class R6 0.37% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014.

21. On August 15, 2012, the Board of Trustees the establishment of Class R4 shares for the Target Date 2055 Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Administrator Class 0.72%; Investor Class 0.93%; and Class R6 0.37% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014. In addition, on November 7, 2012 the Board approved the issuance of Class A shares, effective in the fourth quarter 2012.

22. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 shares for the Target Today Fund and the modification of the Institutional Class to Class R6 shares. The Class R4 will commence operations on or about December 3, 2012 and the modification will become effective in the second half of 2013. Effective upon the modification, the net operating expense ratios will be: Class A 0.81%; Class B 1.56%; Class C 1.56%; Administrator Class 0.65%; Investor Class 0.86%; and Class R6 0.30% (formerly, Institutional Class). The expiration dates for all share classes will be June 30, 2014.

23. Effective March 1, 2013, the expiration/renewal date for each class of the Emerging Markets Equity Fund will be February 28, 2014. In addition, effective March 1, 2013 a reduction to the net operating expense ratio for Class A, B, C, Administrator and Institutional will occur as follows: Class A from 1,81% to 1.70%; Class B from 2.56% to 2.45%; Class C from 2.56% to 2.45%; Administrator Class from 1.60% to 1.50%; Institutional Class from 1.30 to 1.25%.

24. Effective February 1, 2013, the expiration/renewal date for each class of the Enterprise Fund will be January 31, 2014. In addition, effective February 1, 2013, a reduction to the net operating expense ratio for the Administrator and Investor classes will occur as follows: Administrator Class from 1.15% to 1.10%; Investor Class from 1.25% to 1.24%.

25. On November 7, 2012 the Board of Trustees approved the reorganization of the Equity Value Fund into the Intrinsic Value Fund. Subject to shareholder approval, the reorganization will become effective in March 2013.

26. Effective March 1, 2013, the expiration/renewal date for each class of the Global Opportunities Fund will be February 28, 2014.

27. Effective January 1, 2013, the expiration/renewal date for each class of the Government Securities Fund will be December 31, 2013.

28. Effective December 1, 2012, the net operating expense ratio for each share class of the Growth Fund will be reduced as follows: Class A from 1.22% to 1.21%; Class C from 1.97% to 1.96%; Investor Class from 1.29% to 1.27%. The expiration date will be November 30, 2013.

29. On November 7, 2012, the Board of Trustees approved the reorganization of the Prime Investment Money Market Fund into the Heritage Money Market Fund. In connection with the March 2013 reorganization, the expiration/renewal dates for all classes will be June 30, 2014.

30. Effective January 1, 2013, the expiration/renewal date for each class of the High Income Fund will be December 31, 2013.

31. Effective January 1, 2013, the expiration/renewal date for each class of the High Yield Bond Fund will be December 31, 2013.

32. On November 7, 2012, the Board of Trustees approved the establishment of the High Yield Municipal Bond Fund. The Fund will commence operations in the first quarter 2013.

33. Effective January 1, 2013, the expiration/renewal date for each class of the Income Plus Fund will be December 31, 2013and the net operating expense ratio for the Investor Class will be reduced from 0.90% to 0.88%.

34. Effective March 1, 2013, the expiration/renewal date for each class of the International Bond Fund will be February 28, 2014. On August 15, 2012 the Board of Trustees approved the establishment of Class R6 shares. The Class R6 shares will commence operations on or about December 3, 2012 and the net operating expense ratio of the Institutional Class shares will be reduced from 0.73% to 0.70% effective upon the commencement of Class R6. All classes will have an expiration date of February 28, 2015.

35. Effective March 1, 2013, the expiration/renewal date for each class of the International Equity Fund will be February 28, 2014.

36. Effective December 1, 2012, the expiration/renewal date for each class of the Intrinsic Value Fund will be November 30, 2013. On August 15, 2012 the Board of Trustees approved the establishment of Class R4 and R6 shares. The Class R4 and R6 shares will commence operations on or about December 3, 2012. In addition, the notification of the following net operating expense ratios reductions will become effective upon the commencement of Class R6 with all classes having an expiration date of November 30, 2014: Class A 1.16%; Class B and C 1.91%; Institutional Class 0.70%. In addition, on November 7, 2012 the Board approved the issuance of Class R shares in connection with the reorganization of the Equity Value Fund into the Intrinsic Value Fund. Subject to shareholder approval of the reorganization, Class R shares will become effective in March 2013.

37. Effective March 1, 2013, the expiration/renewal date for each class of the Intrinsic World Equity Fund will be February 28, 2014.

38. Effective December 1, 2012, the expiration/renewal date for each class of the Large Cap Core Fund will be November 30, 2013 and the net operating expense ratio for the Investor Class will be reduced from 1.21% to 1.20%.

39. At the March 2012 Board meeting, Funds Management notified the Board that, effective December 1, 2012, it was committing to further reduce the capped net operating expense ratio of Large Cap Growth Fund Investor Class from 1.14%to 1.13%, which will have an expiration/renewal date of November 30, 2014. At the August 15, 2012, the Board meeting the Trustees approved the establishment of R4 and Class R6 shares. The Class R4 and R6 shares will commence operations on or about December 3, 2012. In addition, the Board was notified of the Institutional Class net operating expense ratios reduction from 0.75% to 0.65% effective upon the commencement of Class R6. All classes will have an expiration date of November 30, 2014.

40. Effective December 1, 2012, the expiration/renewal date for each class of the Large Company Value Fund will be November 30, 2013 and the net operating expense ratio for the Investor Class will be reduced from 1.17% to 1.16%.

41. Effective December 1, 2012, the expiration/renewal date for each class of the Omega Growth Fund will be November 30, 2013.

42. Effective February 1, 2013, the expiration/renewal date for each class of the Opportunity Fund will be January 31, 2014 and reductions to the net operating expense ratio for Classes A, B, C and Investor Class will occur as follows: Class A from 1.25% to 1.22%; Class B from 2.00% to 1.97%; Class C from 2.00% to 1.97%; Investor Class from 1.32% to 1.28%.

43. At the March 2012 the Board was notified that effective December 1, 2012, the expiration/renewal date for each class of the Premier Large Company Growth Fund will be November 30, 2013 and the net operating expense ratio for the Investor Class will be reduced from 1.19% to 1.18%. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 and R6 shares. The Class R4 and R6 shares will commence operations on or about December 3, 2012. In addition, the Institutional Class net operating expense ratios will be reduced from 0.75% to 0.70% effective upon the commencement of Class R6. All classes will have an expiration date of November 30, 2014.

44. On November 7, 2012 the Board of Trustees approved the reorganization of the Prime Investment Money Market Fund into the Heritage Money Market Fund. The reorganization will become effective in March 2013.

45. On August 15, 2012, the Board of Trustees approved the establishment of Class R6 shares for the Short Duration Government Bond Fund. The Class R6 shares will commence operations on or about December 3, 2012. In addition, reductions to the following net operating expense ratios will become effective upon the commencement of Class R6: Class A 0.78%; Class B 1.53%; Class C 1.53%. All classes will have an expiration date of December 31, 2014.

46. Effective January 1, 2013, the net operating expense ratio for the Short-Term Bond Fund Investor Class will be reduced from 0.83% to 0.81% with an expiration date of December 31, 2013.

47. On August 15, 2012, the Board of Trustees approved the establishment of Institutional Class shares to the Short-Term High Yield Bond Fund effective on or about December 3, 2012.

48. On November 7, 2012, the Board of Trustees approved the reorganization of the Diversified Small Cap Fund into the Small Company Growth Fund. In connection with the reorganization in March 2013, and subject to shareholder approval, the expiration/renewal dates for all classes will be September 30, 2014.

49. Effective February 1, 2013, the expiration/renewal date for each class of the Small/Mid Cap Core Fund will be January 31, 2014. On November 7, 2012 the Board of Trustees approved the reorganization of the Small/Mid Cap Core Fund into the Common Stock Fund. Subject to shareholder approval, the reorganization will become effective in March 2013.

50. Effective March 1, 2013, the net operating expense ratio for the Small/Mid Cap Value Fund Investor Class will be reduced from 1.47% to 1.46% with an expiration date of February 28, 2014.

51. Effective February 1, 2013, the expiration/renewal date for each class of the Special Mid Cap Value Fund will be January 31, 2014.

52. Effective March 1, 2013, the expiration/renewal date for each class of the Special Small Cap Value Fund will be February 28, 2014.

53. On November 7, 2012, the Board of Trustees approved the establishment of the Strategic Income Fund. The Fund will commence operations in the first quarter 2013.

54. On August 15, 2012, the Board of Trustees approved the establishment of Institutional Class shares to the Strategic Municipal Bond Fund effective on or about December 3, 2012.

55. On August 15, 2012, the Board of Trustees approved the establishment of Class R4 and R6 shares, which will commence operations on or about December 3, 2012. In addition, reductions to the following net operating expense ratios will become effective upon the commencement of Class R6: Class A 0.78%; Class B 1.53%; Class C 1.53%; Class R 1.03%; Investor Class 0.81%. All classes will have an expiration date of September 30, 2014. On November 7, 2012 the Board approved the name change to the Core Bond Fund, effective December 1, 2012.

56. Effective March 1, 2013, the expiration/renewal date for each class of the Traditional Small Cap Growth Fund will be February 28, 2014.

57. Effective January 1, 2013, the expiration/renewal date for each class of the Ultra Short-Term Income Fund will be December 31, 2013.
The foregoing schedule of capped operating expense ratios is agreed to as of November 7, 2012 and shall remain in effect until changed in writing by the parties.

WELLS FARGO FUNDS TRUST

By:

C. David Messman

Secretary

WELLS FARGO FUNDS MANAGEMENT, LLC

By:
Andrew Owen

Executive Vice President