[LETTERHEAD OF DECHERT PRICE & RHOADS]
July 26, 2000
Pilgrim Worldwide Emerging Markets Fund, Inc.
40 North Central Avenue, Suite 1200
Phoenix, Arizona 85004-4424
Re: Pilgrim Worldwide Emerging Markets Fund, Inc.
(File Nos. 2-32488 and 811-1838)
Dear Sirs:
We hereby consent to the incorporation by reference to our opinion as an exhibit
to Post-Effective Amendment No. 42 to the Registration Statement of Pilgrim
Worldwide Emerging Markets Fund, Inc., and to all references to our firm
therein. In giving such consent, however, we do not admit that we are within the
category of persons whose consent is required by Section 7 of the Securities Act
of 1933, as amended, and the rules and regulations thereunder.
Very truly yours,
