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<PAGE> PAGE 2
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<PAGE> PAGE 3
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SIGNATURE GENE STARK
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000795618
<NAME> THE ASIA PACIFIC FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> THE ASIA PACIFIC FUND, INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-END> MAR-31-1997
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<INVESTMENTS-AT-VALUE> 262,210,970
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<OVERDISTRIBUTION-NII> 0
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<OVERDISTRIBUTION-GAINS> 0
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<APPREC-INCREASE-CURRENT> (28,406,819)
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</TABLE>
PRINT ON COMPAQ
The Board of Directors of
The Asia Pacific Fund, Inc.:
In planning and performing our audit of the financial statements of
The Asia Pacific Fund, Inc. ("Fund") for the year ended March 31,
1997, we considered its internal control structure, including
procedures 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 the internal control
structure.
The management of the Fund is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required
to assess the expected benefits and related costs of internal
control structure policies and procedures. Two of the objectives
of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are safeguarded
against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's
authorization and recorded properly to permit preparation of
financial statements in conformity with generally accepted
accounting principles.
Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also,
projection of any evaluation of the structure 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 the internal control structure would not
necessarily disclose all matters in the internal control structure
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 the
specific internal control structure elements does not reduce to a
relatively low level the risk that errors or irregularities 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 the
internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined
above as of March 31, 1997.
This report is intended solely for the information and use of the
Board of Directors, management and the Securities and Exchange
Commission.
Deloitte & Touche LLP
New York, New York
May 2, 1997
For the year ended (a) March 31, 1997
File number (c) 811-4710
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
An Annual Meeting of Stockholders was held on July 2,
1996, but was adjourned with respect to proposal number 3
until July 24, 1996. At such meetings the stockholders
elected the entire slate of Class I Directors, ratified the
selection of independent accountants and approved the
following proposals:
a) approval of an amendment to the Articles of
Incorporation to increase the authorized Common
Stock of the Fund.
Affirmative Negative
votes cast votes cast
8,706,741 486,459
b) approval to authorize the Board of Directors to
approve from time to time investment by the Fund
in additional Asian countries.
Affirmative Negative
votes cast votes cast
7,489,393 179,628
c) approval to transact such other business as may
properly come before the Meeting or any
adjournments thereof.
Affirmative Negative
votes cast votes cast
8,823,467 322,779
