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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000799125
<NAME> DRESDNER RCM GLOBAL STRATEGIC INCOME FUND, INC
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 95,168,242
<INVESTMENTS-AT-VALUE> 89,318,814
<RECEIVABLES> 2,361,153
<ASSETS-OTHER> 4,648,181
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<TOTAL-ASSETS> 96,328,148
<PAYABLE-FOR-SECURITIES> 3,658,588
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<OTHER-ITEMS-LIABILITIES> 886,281
<TOTAL-LIABILITIES> 4,544,869
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 97,160,562
<SHARES-COMMON-STOCK> 11,954,566
<SHARES-COMMON-PRIOR> 11,954,566
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 826,136
<ACCUMULATED-NET-GAINS> 1,340,220
<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 91,783,279
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,588,565
<OTHER-INCOME> 0
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Amended Section 2 of Article I of
the Registrant's By-laws, as adopted May 27,
1999 by the Registrant's Board of Directors:
Section 2: ANNUAL MEETINGS.
The annual meeting of the stockholders
of the Corporation shall be held between
September 15th and October 15th of
each year and on such date and at
such hour as may from time to time
be designated by the Board of Directors
and stated in the notice of such meeting,
for the purpose of electing directors for
the ensuing year and for the transaction
of such other business as may properly
come before the meeting.
Sub-Item 77Q1(a)
kba_bylawamnd.doc Page 1 12/27/99
KLEINWORT BENSON
AUSTRALIAN INCOME FUND, INC.
ARTICLES OF AMENDMENT
The Kleinwort Benson
Australian Income Fund,
Inc. (the "Corporation"),
a Maryland Corporation having
its principal office
in Baltimore City, Maryland,
hereby certifies to
the State Department of
Assessments and Taxation
of Maryland that:
FIRST:
The charter of the
Corporation is hereby
amended by striking out
ARTICLE II and inserting in lieu
thereof the following:
ARTICLE II:
The name of the
corporation (hereinafter
called the "Corporation")
is Dresdner RCM Global
Strategic Income Fund, Inc.
SECOND:
The amendment of
the
charter does not
change the outstanding
capital stock of the
Corporation or the
aggregate par value thereof.
THIRD:
The foregoing
amendment to the charter
of the Corporation
has been approved by a
majority of the
entire Board of
Directors of the Corporation.
IN WITNESS WHEREOF,
the
Kleinwort Benson
Australian Income
Fund, Inc. has caused
these presents
to be signed in its name
and on its behalf
by its President and
attested by its Secretary
on November 9, 1999.
Kleinwort Benson
Australian Income Fund, Inc.
/s/Luke D. Knecht
Luke D. Knecht
President
ATTEST:
/s/Robert J. Goldstein
Robert J. Goldstein
Secretary
THE UNDERSIGNED, the President of
KLEINWORT BENSON AUSTRALIAN INCOME FUND,
INC., who executed on behalf of
the Corporation the foregoing Articles
of Amendment of which this certificate
is made a part, hereby acknowledges
in the name and on behalf of the
Corporation the foregoing Articles
of Amendment to be the corporate act
of the Corporation and hereby certifies
to the best of his knowledge, information
and belief the matters and facts set
forth herein with respect to the
authorization and approval thereof
are true in all material respects
under penalties of perjury.
/s/Luke D. Knecht
Luke D. Knecht
President
Sub-Item 77Q1(a)
1
The following matters were submitted to a vote
of stockholders at the Fund's 1999 Annual Meeting
of Stockholders held on October 15, 1999
as adjourned and reconvened on October 29,
1999 and November 12, 1999, respectively:
To amend the Fund's investment mandate and
corresponding investment policies and
restrictions.
The votes were cast:
For (5,950,415) Against (1,961,206)
To amend the Fund's investment restrictions
on senior securities and related restrictions
on commodity contracts, margin and short sales.
The votes were cast: For (5,840,323)
Against (2,500,038)
To amend the Fund's investment restriction
to permit securities lending.
The votes were cast: For (6,314,346)
Against (1,501,004)
To approve a new Investment Advisory
Agreement between the Fund and Dresdner
RCM Global Investors LLC.
The votes were cast: For (7,867,398)
Against (759,866)
To approve a Subadvisory Agreement
among Dresdner RCM, Kleinwort Benson
Investment Management Americas Inc. and the Fund.
The votes were cast: For (7,820,649)
Against (798,394)
To elect two Class II Directors,
each to hold office for a term of three
years and until his successor is duly
elected and qualified.
Luke D. Knecht
The votes were cast: For (7,199,024)
Withheld (1,362,549)
Stephen K. West
The votes were cast: For (7,189,105)
Withheld (1,372,462)
The terms of office for the following
Directors continued after the meeting:
Sir Robert C. Cotton, James J. Foley,
The Earl of Limerick, Leonard T. Hinde and
G. William Miller.
To ratify the selection of
PricewaterhouseCoopers LLP as Independent
Accountants for the Fund for the fiscal year
ending October 31, 1999.
The votes were cast:
For (7,946,934) Against (489,462)
Sub-Item 77C
kba_stkrpt.doc Page 1 12/27/99
