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 three months ending June 30, 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
Syndicates to the Fund's Total Underwritings
Fund
Principal Business(US$)
Ratio
Affilated Underwriting Syndicates
FEF
10,311,864.60
100%
EMSF
1,331,466.04
100%
GSF
171,931.05
100%
ISF
34,366,218.02
100%
RISP
2,079,166.19
100%
Funds' Total Underwritings
FEF
10,311,864.60
100%
EMSF
1,331,466.04
100%
GSF
171,931.05
100%
ISF
34,366,218.02
100%
RISP
2,079,166.19
100%
II. Ratio of Commissions Paid to Affiliated
Underwriting Syndicates to Total Commissions
Paid on All Underwriting
Fund
Commission Paid (US$)
Ratio
Affilated Underwriting Syndicates
FEF
255,218.64
100%
EMSF
32,953.78
100%
GSF
4,255.29
100%
ISF
850,563.90
100%
RISP
51,459.36
100%
Funds Total Underwritings
FEF
255,218.64
100%
EMSF
32,953.78
100%
GSF
4,255.29
100%
ISF
850,563.90
100%
RISP
51,459.36
100%
III. List of Underwritings with members
IV. of Affiliated Syndicates
Issuer
Trade
Date
Principal
Amount
(US$)
Commission
Paid (US$)
Fund Purchase as %
of Fund Assets
Fund Purchase as %
of Total Offering
China Unicom Limited
16/06/00
FEF
10,311,864.60
255,218.64
0.28%
0.22%
EMSF
1,331,466.04
32,953.78
0.69%
0.03%
GSF
171,931.05
4,255.29
0.15%
0.004%
ISF
34,366,218.02
850,563.90
0.28%
0.74%
RISP
2,079,166.19
51,459.36
0.28%
0.04%
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.
ROWE PRICE-FLEMING INTERNATIONAL, INC.
By: _______________________________________
Title: _______________________________________
Dated: _____________________, 2000
