We consider expressions of the form Z n =E(exp nF(S n /n)) where S n is the sum of n i.i.d. random vectors with values in a Banach space and F is a smooth real valued function. By results of Donsker-Varadhan and Bahadur-Zabell one knows that lim (1/n) log Z n =sup x F(x)-h(x) where h is the so-called entropy function. In an earlier paper a more precise evaluation of Z n is given in the case where there was a unique point maximizing F-h and the curvature at the maximum was nonvanishing. The present paper treats the more delicate problem where these conditions fail to hold.