Bell Boyd & Lloyd LLC THREE FIRST NATIONAL PLAZA
70 WEST MADISON STREET, SUITE 3300
CHICAGO, ILLINOIS 60602-4207
312.372.1121 FAX 312.372-2098
CAMERON S. AVERY
DIRECT DIAL: 312 807-4302 OFFICES IN CHICAGO
[email protected] AND WASHINGTON, D.C.
336328/D/3 W8X803_
October 24, 2000
As counsel for Liberty-Stein Roe Funds Income Trust (the "Trust"), we
consent to the incorporation by reference of our opinions relating to the
respective series of the Trust filed as the following exhibits to the following
post-effective amendments ("PEAs") to the Trust's registration statement on Form
N-1A, Securities Act File No. 33-02633:
<TABLE>
<CAPTION>
Exhibit
Date of Date of to PEA
Series Opinion Filing No. No.
------ ------- ------ --- ---
<S> <C> <C> <C> <C> <C>
SteinRoe Cash Reserves (now named
Stein Roe Cash Reserves Fund) 12/10/87 08/16/96 10(b) 29
SteinRoe Income Fund (now named
Stein Roe Income Fund) 12/20/87 08/16/96 10(b) 29
SteinRoe Intermediate Bond Fund
(now named Stein Roe Intermediate
Bond Fund) 12/20/87 08/16/96 10(b) 29
Stein Roe High Yield Fund 10/25/96 10/28/96 10(c) 30
</TABLE>
In giving this consent we do not admit that we are in the category of persons
whose consent is required under Section 7 of the Securities Act of 1933.
Very truly yours,
BELL, BOYD & LLOYD LLC
By /s/Cameron S. Avery
Cameron S. Avery