RUSSELL FRANK INVESTMENT CO, 485BPOS, EX-99.(I)1.1, 2001-01-12

RUSSELL FRANK INVESTMENT CO
485BPOS, EX-99.(I)1.1, 2001-01-12

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                                                                  Exhibit (i)1.1

                      [LETTERHEAD OF STRADLEY RONON]


                               January 10, 2001

Frank Russell Investment Company
909  A Street
Tacoma, Washington 98402

RE: Frank Russell Investment Company


Ladies and Gentleman:

We have previously executed an opinion with respect to the legality of the
issuance of shares of the Trust. We hereby consent to the continued use of that
opinion as an exhibit to the Registration Statement of the Trust, covering
registration of the shares of the Trust under the Securities Act of 1933, as
amended, and we further consent to any reference in the Registration Statement
of the Trust to the fact that this opinion concerning the legality of the issue
has been rendered by us.

Very truly yours,

/s/ Deborah R. Gatzek
Deborah Gatzek
Stradley, Ronon, Stevens & Young, LLP