ARTICLES OF AMENDMENT
                                     TO THE
                      ARTICLES OF AMENDMENT AND RESTATEMENT
                                       OF

                            SELIGMAN PORTFOLIOS, INC.

     SELIGMAN PORTFOLIOS, INC., a Maryland corporation, having a principal
office in Baltimore, Maryland (the "Corporation"), hereby certifies to the State
Department of Assessments and Taxation of Maryland that:

     FIRST: The separate class of shares previously designated the "Seligman
Small-Cap Value Portfolio Shares" of the "Seligman Small-Cap Value Portfolio
Class" is redesignated the "Seligman Smaller-Cap Value Portfolio Shares" of the
"Seligman Smaller-Cap Value Portfolio Class."

     SECOND: The Corporation is registered as an open-end investment company
under the Investment Company Act of 1940; the foregoing amendments were approved
by a majority of the entire Board of Directors on September 16, 2004; and such
amendments are limited to changes in name as expressly permitted by Section
2-605 of the Maryland General Corporation Law to be made without action of the
stockholders of the Corporation.

     THIRD: These articles of amendment shall become effective on January 1,
2005.

     IN WITNESS WHEREOF, SELIGMAN PORTFOLIOS, INC. has caused these Articles of
Amendment to be signed in its name and on its behalf by its President and
witnessed by its Secretary on December 16, 2004.

                                           SELIGMAN PORTFOLIOS, INC.


                                           By: /s/ Brian T. Zino
                                               ---------------------------------
                                               Brian T. Zino, President

WITNESS:


/s/ Frank J. Nasta
----------------------------------------
Frank J. Nasta, Secretary



THE UNDERSIGNED, President of SELIGMAN PORTFOLIOS, INC., who executed on behalf
of the Corporation the foregoing Articles of Amendment of which this Certificate
is made a part, hereby acknowledges, in the name and on behalf of said
Corporation, the foregoing Articles of Amendment to be the corporate act of said
Corporation and hereby certifies that the matters and facts set forth herein
with respect to the authorization and approval thereof are true in all material
respects under the penalties of perjury.


                                           /s/ Brian T. Zino
                                           -----------------------------------
                                           Brian T. Zino