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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934.
Date of report and event reported: AUGUST 8, 2000.
Exact name of registrant as specified in its charter:
T. ROWE PRICE ASSOCIATES, INC.
State of incorporation: MARYLAND.
Commission file number: 000-14282.
I.R.S. Employer Identification No.: 52-0556948.
Address and Zip Code of principal executive offices: 100 EAST PRATT STREET,
BALTIMORE, MARYLAND 21202.
Registrant's telephone number, including area code: (410) 345-2000.
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ITEM 2. ACQUISITION OF ASSETS.
On August 8, 2000, we completed our purchase from Robert Fleming Holdings
Limited of its 50% interest in our consolidated subsidiary, Rowe Price-
Fleming International, Inc., for $780 million. Immediately after completing
this transaction, we changed the name of Rowe Price-Fleming International to
T. Rowe Price International, Inc., which now operates as one of our wholly
owned subsidiaries. We financed the acquisition with available cash balances
and borrowings of $300 million under our five-year, $500 million syndicated
bank credit facility for which The Chase Manhattan Bank serves as
administrative agent.
The following exhibits are filed herewith and incorporated by reference
herein.
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No. Description
2.03 Stock Purchase Agreement dated as of April 11, 2000 by and between
Robert Fleming Holdings, Ltd. and its wholly owned subsidiaries
Jardine Fleming International Holdings Limited and
Copthall Overseas Limited, T. Rowe Price Associates, Inc., and
The Chase Manhattan Corporation. (Incorporated by reference
from Form 10-Q Report for the quarterly period ended June 30, 2000;
Accession No. 0000080255-00-000425.)
4.01 $500,000,000 Five-Year Credit Agreement among T. Rowe Price
Associates, Inc., the several lenders, and The Chase Manhattan Bank,
as administrative agent. (Incorporated by reference from Form 10-Q
Report for the quarterly period ended June 30, 2000;
Accession No. 0000080255-00-000425.)
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SIGNATURE.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized on August 21, 2000.
T. ROWE PRICE ASSOCIATES, INC.
By: /s/ George A. Roche, Chairman and President
