EXHIBIT NO. EX-99.g.1.c.

                   AMENDMENT TO CUSTODIAN SERVICING AGREEMENT

          THIS AMENDMENT dated as of January 1, 2002 to the Custodian Servicing
Agreement dated as of February 27, 1998, by and between The Olstein Funds, a
Delaware business trust, and Firstar Bank, N.A., shall be as follows:

          Effective January 1, 2002, the name Firstar Bank, N.A. has been
changed to U.S. Bank, N.A.  Accordingly, all references to Firstar Bank, N.A. in
this Agreement should be replaced with U.S. Bank, N.A.  Similarly, any
references to Firstar Mutual Fund Services, LLC should be replaced with U.S.
Bancorp Fund Services, LLC.

          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be executed by a duly authorized officer on one or more counterparts as of the
day and year first written above.

THE OLSTEIN FUNDS:                      U.S. BANK, N.A.:

By: /s/ Michael Luper                   By: /s/ Jeffrey Rauman
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Michael Luper                           Jeffrey Rauman