Exhibit (e)(7)

                        DISTRIBUTION AGREEMENT SUPPLEMENT
                               The RBB Fund, Inc.

                              Schneider Value Fund

          This supplemental agreement is entered into this 1st day of August,
2002, by and between THE RBB FUND, INC. (the "Fund") and PFPC DISTRIBUTORS, INC.
(the "Distributor").

          The Fund is a corporation organized under the laws of the State of
Maryland and is an open-end management investment company. The Fund and the
Distributor have entered into a Distribution Agreement, dated as of January 2,
2001 (as from time to time amended and supplemented, the "Distribution
Agreement"), pursuant to which the Distributor has undertaken to act as
distributor for the Fund, as more fully set forth therein. Certain capitalized
terms used without definition in this Distribution Agreement Supplement have the
meaning specified in the Distribution Agreement.

          The Fund agrees with the Distributor as follows:

          1.  Adoption of Distribution Agreement. The Distribution Agreement is
hereby adopted for the Schneider Value Fund Class of Common Stock (Class PPP)
Fund.

          2.  Payment of Fees. For all services to be rendered, facilities
furnished and expenses paid or assumed by the Distributor as provided in the
Distribution Agreement and herein, the Fund shall pay the Distributor no
compensation.

          3.  Counterparts. This Agreement may be executed 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.

          IN WITNESS WHEREOF, the undersigned have entered into this Agreement,
intending to be legally bound hereby, as of the date and year first above
written.

THE RBB FUND, INC.                           PFPC DISTRIBUTORS, INC.


By:    /s/ Edward J. Roach                   By:    /s/ Bruno DiStefano
       -------------------                          -------------------
       Edward J. Roach                              Bruno DiStefano
Title: President                             Title: Vice President