Princor
Financial
Services
Corporation
December 21, 2000
Principal Partners LargeCap Blend Fund, Inc.
Des Moines, Iowa 50392-0200
Re Registration Statement on Form N-1A
Pursuant to Securities Act of 1933
Registration No. 333-48740
I am familiar with the organization of Principal Partners LargeCap Blend Fund,
Inc.
(the "Fund") under the laws of the State of Maryland and have reviewed the
above-referenced Registration Statement (the "Registration Statement") filed
with the Securities and Exchange Commission relating to the offer and sale of an
indefinite number of shares of the Corporation's Common Stock, par value $.01
per share (the "Shares"). Based upon such investigation as I have deemed
necessary, I am of the following opinion:
(1) The Fund has been duly incorporated and is validly existing as a
corporation in good standing under the laws of the State of Maryland.
(2) The Fund has authority to issue 100,000,000 shares of common stock. Subject
to the authority of the Board of Directors to increase and decrease the
number of, and to reclassify the shares of any class, the Directors have
established four classes of common stock having the designation of Class A,
Class B and Class C, with each class comprising of 25,000,000 shares, and
the shares, when issued in accordance with the terms described in the
Registration Statement, will be legally issued, fully paid and
non-assessable.
I hereby consent to the filing of this opinion as an exhibit to the Registration
Statement.
Sincerely
/s/Michael D. Roughton
Michael D. Roughton
Counsel
MDR/ksa
Home Office: The Principal Financial Group, Des Moines, Iowa 50392-0200 (800)
451-5447/FAX (515) 248-4745 Securities offered through Princor Finanial Services
Corporation, a registered broker-dealer. Member SIPC.
