NATIONS FUNDS TRUST
                       SHAREHOLDER SERVICING PLAN ("PLAN")
                                INVESTOR C SHARES


              Section 1. Each of the proper officers of Nations Funds Trust (the
"Trust") is authorized to execute and deliver, in the name and on behalf of the
Trust, written agreements based substantially on the form attached hereto as
Appendix A or any other form duly approved by the Trust's Board of Trustees
("Agreements") with broker/dealers, banks and other financial institutions that
are dealers of record or holders of record or which have a servicing
relationship ("Servicing Agents") with the beneficial owners of Investor C
Shares in any of the Trust's Funds (collectively, "Shares") provided that any
material modifications of services listed in the Agreement shall be presented
for approval or ratification by the Trustees at the next regularly scheduled
Board Meeting. Pursuant to such Agreements, Servicing Agents shall provide
shareholder support services as set forth therein to their clients who
beneficially own Shares of the portfolios listed on Exhibit I (the "Funds") in
consideration of a fee, computed monthly in the manner set forth in the
applicable Fund's then current prospectus, at an annual rate of up to 0.25% of
the average daily net asset value of the Shares beneficially owned by or
attributable to such clients. Affiliates of the Trust's distributor,
administrator, co-administrator and adviser are eligible to become Servicing
Agents and to receive fees under this Plan. All expenses incurred by a Fund in
connection with the Agreements and the implementation of this Plan shall be
borne either by the holders of the Shares of the particular Fund involved. If
more than one Fund is involved and these expenses are not directly attributable
to Shares of a particular Fund, then the expenses may be allocated between or
among the Shares of the Funds in a fair and equitable manner.

              Section 2. The Trust's administrator and/or co-administrator shall
monitor the arrangements pertaining to the Trust's Agreements with Servicing
Agents. The Trust's administrator and co-administrator shall not, however, be
obligated by this Plan to recommend, and the Trust shall not be obligated to
execute, any Agreement with any qualifying Servicing Agents.

              Section 3. So long as this Plan is in effect, the Trust's
distributor shall provide to the Trust's Board of Trustees, and the Trustees
shall review, at least quarterly, a written report of the amounts expended
pursuant to this Plan and the purposes for which such expenditures were made.

              Section 4. Unless sooner terminated, this Plan shall continue in
effect for a period of one year from its date of execution and shall continue
thereafter for successive annual periods, provided that such continuance is
specifically approved by a majority of the Board of Trustees, including a
majority of the Trustees who are not "interested persons," as defined in the
Investment Company Act of 1940, of the Trust and have no direct or indirect
financial interest in the operation of this Plan or in any Agreement related to
this Plan (the "Disinterested Trustees") cast in person at a meeting called for
the purpose of voting on this Plan.




              Section 5. This Plan may be amended at any time with respect to
any Fund by the Trust's Board of Trustees, provided that any material amendment
of the terms of this Plan (including a material increase of the fee payable
hereunder) shall become effective only upon the approvals set forth in
Section 4.

              Section 6. This Plan is terminable at any time with respect to any
Fund by vote of a majority of the Disinterested Trustees.

              Section 7. While this Plan is in effect, the selection and
nomination of the Disinterested Trustees shall be committed to the discretion of
such Disinterested Trustees.

              Section 8. The Trust will preserve copies of this Plan,
Agreements, and any written reports regarding this Plan presented to the Board
of Trustees for a period of not less than six years.





                                    EXHIBIT I
                               NATIONS FUNDS TRUST



1.   Nations High Yield Bond Fund
2.   Nations Kansas Municipal Income Fund
3.   Nations Marsico 21st Century Fund
4.   Nations Marsico International Opportunities Fund
5.   Nations Financial Services Fund
6.   Nations Classic Value Fund
7.   Nations Global Value Fund
8.   Nations Asset Allocation Fund
9.   Nations Government Securities Fund
10.  Nations Marsico Focused Equities Fund
11.  Nations Marsico Growth & Income Fund
12.  Nations LifeGoal Growth Portfolio
13.  Nations LifeGoal Balanced Growth Portfolio
14.  Nations LifeGoal Income and Growth Portfolio

Approved:  December 9, 1999
Last Amended:  June 8, 2001