Report of Independent Accountants
To the Shareholders and Board of Directors of
Salomon Brothers Opportunity Fund Inc.
In planning and performing our audit of the financial
statements of the Salomon Brothers Opportunity Fund Inc,
(hereafter referred to as the "Fund") for the year ended
August 31, 2000 we considered its internal control,
including control activities for safeguarding securities,
in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form
N-SAR, not to provide assurance on internal control.
The management of the Fund is responsible for establishing
and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs
of controls. Generally, controls that are relevant to an
audit pertain to the entity's objective of preparing
financial statements for external purposes that are fairly
presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of
assets against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors
or fraud may occur and not be detected. Also, projection of
any evaluation of internal control to future periods is
subject to the risk that it may become inadequate because of
changes in conditions or that the effectiveness of the
design and operation may deteriorate. Our consideration of
internal control would not necessarily disclose all matters
in internal control that might be material weaknesses under
standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in
which the design or operation of one or more of the internal
control components does not reduce to a relatively low level
the risk that misstatements caused by error or fraud in
amounts that would be material in relation to the financial
statements being audited may occur and not be detected within
a timely period by employees in the normal course of
performing their assigned functions. However, we noted no
matters involving internal control and its operation,
including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of
August 31, 2000. This report is intended solely for the
information and use of the Board of Directors of the Fund,
management and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone other than
these specified parties.
October 17, 2000
To the Shareholders and Board of Directors of
Salomon Brothers Opportunity Fund Inc.
