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CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Registration
Statement on Form N-1A of our reports dated April 10, 2000, April 13, 2000 and
April 18, 2000 relating to the financial statements and financial highlights
which appear in the February 29, 2000 Annual Reports to Shareholders of 38
(thirty-eight) funds then comprising GMO Trust, which are also incorporated by
reference into the Registration Statement. We also consent to the references to
us under the headings "Financial Highlights" in the Prospectuses of GMO Trust,
GMO Tax Managed U.S. Equities Fund/GMO Tax Managed International Equities
Fund/GMO Tax Managed Small Companies Fund, GMO Alpha LIBOR Fund, GMO Fundamental
Value Fund and Pelican Fund, under the headings "Investment Advisory and Other
Services - Independent Accountants" in the Statements of Additional Information
of GMO Trust, GMO Tax Managed U.S. Equities Fund/GMO Tax Managed International
Equities Fund/GMO Tax Managed Small Companies Fund, GMO Alpha LIBOR Fund, and
GMO Fundamental Value Fund, and under the headings "Financial Statements" and
"Management Arrangements - Independent Accountants" in the Statement of
Additional Information for Pelican Fund, all of which constitute part of such
Registration Statement.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Boston, Massachusetts
June 27, 2000
