EXHIBIT A-2
T. ROWE PRICE FUNDS
REPORT OF SECURITIES PURCHASED
FROM MEMBERS OF UNDERWRITING SYNDICATES
AFFILIATED WITH ROBERT FLEMING
As required by the Written Procedures
adopted by
the Board of Directors of the Fund regarding
the
purchase
of securities from members of underwriting
syndicates
which include affiliates of Robert Fleming,
("Affiliated Underwriting"), the following
Report for
the 3 months ending September 2000 is being
submitted
to the Board for its review and determination
as
to whether
such reported transactions have been effected
in
compliance
with Section 10(f) of the Investment Company
Act
of 1940,
as amended, ("Act"), Rule 10f-3 and the said
Written Procedures.
I. Ratio of Business with Affiliated
Underwriting Principal
Syndicates to the Fund's Total Underwritings
Business Ratio
Affiliated Underwriting Syndicates IDF
1,697,776.08 32%
GSF 329,760.35 100%
Fund's total underwritings IDF 5,271,680.71
100%
GSF 329,760.35 100%
II.Ratio of Commissions Paid to Affiliated
Underwriting Syndicates to Total Commissions
Commission
Paid on All Underwriting Paid
Ratio
Affiliated Underwriting Syndicates IDF
50,933.28 15%
GSF 9,892.82 100%
Fund's total underwritings IDF 347,594.70
100%
GSF 9,892.82 100%
III. List of Underwritings with members of
Affiliated Syndicates
Fund Purchase
Fund Purchase
Trade Principal Commission
as Percent of As Percent of
Issuer Date Amount
Paid Fund Assets Total Offering
ARC International 21/09/00 572,000 (IDF)
$50,933 0.168
0.07%
111,100 (GSF)
$9,892 0.306
0.01%
The undersigned, on behalf of Rowe Price-
Fleming
International, Inc. does hereby certify that
the
transactions
contained in this Report were effected in
compliance with
the Written Procedures and were otherwise in
full compliance
with Section 10(f) of the Act and Rule 10f-3.
TOWE PRICE-FLEMING INTERNATIONAL, INC.
By:_______________________________________
Title:_______________________________________
Dated: _____________________, 20____
LGL6049/StmtPoly.Int
