CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the reference to our firm under the captions "Financial
Highlights" and "General Information" in Post-Effective Amendment No. 102 under
the Securities Act of 1933 and Amendment No. 104 under the Investment Company
Act of 1940 to the Registration Statement (Form N-1A, No. 33-12213) and related
Prospectus and Statement of Additional Information of The Osterweis Fund, a
series of Professionally Managed Portfolios and to the incorporation by
reference therein of our report dated May 5, 2000, with respect to the financial
statements and financial highlights of The Osterweis Fund included in the Annual
Report for the year ended March 31, 2000 filed with the Securities and Exchange
Commission.
/s/ Ernst & Young LLP
Los Angeles, California
July 19, 2000
