CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in T. Rowe Price Developing
Technologies Fund, Inc.'s Registration Statement on Form N-1A ("Registration
Statement") of our reports dated January 20, 2000, relating to the financial
statements and financial highlights which appear in the December 31, 1999 Annual
Reports to Shareholders of T. Rowe Price Balanced Fund, Inc., T. Rowe Price Blue
Chip Growth Fund, Inc., T. Rowe Price Capital Appreciation Fund, T. Rowe Price
Capital Opportunity Fund, Inc., T. Rowe Price Diversified Small-Cap Growth Fund,
Inc., T. Rowe Price Dividend Growth Fund, Inc., T. Rowe Price Equity Income
Fund, T. Rowe Price Financial Services Fund, Inc., T. Rowe Price Growth & Income
Fund, Inc., T. Rowe Price Growth Stock Fund, Inc., T. Rowe Price Health Sciences
Fund, Inc., T. Rowe Price Index Trust, Inc. (comprised of T. Rowe Price Equity
Index 500 Fund, T. Rowe Price
Extended Equity Market Index Fund, and T. Rowe Price Total Equity Market Index
Fund), T. Rowe Price Media & Telecommunications Fund, Inc., T. Rowe Price
Mid-Cap Growth Fund, Inc., T. Rowe Price Mid-Cap Value Fund, Inc., T. Rowe Price
New America Growth Fund, T. Rowe Price New Era Fund, Inc., T. Rowe Price New
Horizons Fund, Inc., T. Rowe Price Real Estate Fund, Inc., T. Rowe Price Science
& Technology Fund, Inc., T. Rowe Price Small-Cap Stock Fund, Inc., T. Rowe Price
Small-Cap Value Fund, Inc., T. Rowe Price Value Fund, Inc., and Institutional
Equity Funds, Inc. (comprised of Institutional Mid-Cap Equity Growth Fund) which
are also incorporated by reference into the Registration Statement. We also
consent to the reference to us under the heading "Independent Accountants" in
such Registration Statement.
PricewaterhouseCoopers LLP
Baltimore, Maryland
August 23, 2000
PAGE 25
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the use in this Registration Statement on Form N-1A of our
report dated August 23, 2000, relating to the financial statements of T. Rowe
Price Developing Technologies Fund, Inc., which appear in such Registration
Statement. We also consent to the reference to us under the heading
"Independent Accountants" in such Registration Statement.
PricewaterhouseCoopers LLP
Baltimore, Maryland
August 23, 2000
