T ROWE PRICE DEVELOPING TECHNOLOGIES FUND INC
UNDER, 2000-08-30
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                                  UNDERTAKING

                T. ROWE PRICE DEVELOPING TECHNOLOGIES FUND, INC.
                             33 ACT NO.: 333-40558


     The initial capital contribution made by T. Rowe Price Associates, Inc. in
the form of the purchase of the fund's shares was made for investment purposes
and not with the intention of redeeming or reselling.



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