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001 A000000 THE INDONESIA FUND, INC.
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002 A000000 153 E. 53RD STREET 58TH FL.
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008 B000002 S
008 C000002 801-21482
008 D010002 LONDON
008 D050002 ENGLAND
008 D060002 EC3A7JJ
010 A000001 BEAR STEARNS FUNDS MANAGEMENT INC.
010 B000001 801-29862
010 C010001 NEW YORK
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<PAGE> PAGE 2
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10022
011 A000001 OPPENHEIMER & CO., INC.
011 B000001 8-0000
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10281
011 A000002 JAMES CAPEL & CO. LIMITED
011 B000002 8-0000
011 C010002 NEW YORK
011 C020002 NY
011 C030002 10175
012 A000001 THE FIRST NATIONAL BANK OF BOSTON
012 B000001 85-10813
012 C010001 BOSTON
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020 A000003 ROBERT FLEMING & CO. LONDON
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020 A000004 CARR (WI) & SONS OVERSEAS
020 B000004 13-2927466
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020 A000005 MORGAN (JP) SECURITIES
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020 B000006 94-1658752
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<PAGE> PAGE 3
020 A000007 VICKERS BALLAS TAMARA, JAKARTA
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020 A000008 UBS SECURITIES INC.
020 B000008 13-3873456
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020 A000009 BANK OF NEW YORK - JAMES CAPEL
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020 A000010 DEUTSCHE MORGAN GRENFELL CO.
020 B000010 13-2730828
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SIGNATURE MICHAEL A. PIGNATARO
TITLE CFO
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 40556482
<INVESTMENTS-AT-VALUE> 56699782
<RECEIVABLES> 552049
<ASSETS-OTHER> 1316008
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 58567839
<PAYABLE-FOR-SECURITIES> 871268
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 889132
<TOTAL-LIABILITIES> 1760400
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63169444
<SHARES-COMMON-STOCK> 4608989
<SHARES-COMMON-PRIOR> 4608989
<ACCUMULATED-NII-CURRENT> (127733)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 22377570
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16143298
<NET-ASSETS> 56807439
<DIVIDEND-INCOME> 287453
<INTEREST-INCOME> 41139
<OTHER-INCOME> 0
<EXPENSES-NET> 456325
<NET-INVESTMENT-INCOME> (127733)
<REALIZED-GAINS-CURRENT> 2394143
<APPREC-INCREASE-CURRENT> 5317962
<NET-CHANGE-FROM-OPS> 7584372
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (24771713)
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 259107
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<PER-SHARE-NAV-BEGIN> 10.68
<PER-SHARE-NII> (0.03)
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<PER-SHARE-NAV-END> 12.33
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</TABLE>
RESULTS OF ANNUAL MEETING OF SHAREHOLDERS (UNAUDITED)
On April 22, 1997, the annual meeting of shareholders of The
Indonesia Fund, Inc. (the "Fund") was held and the following
matters were voted upon:
(1) To re-elect two directors to the Board of Directors of
the Fund.
Name of Director For Withheld Non-Votes
C. Oscar Morong, Jr. 2,651,577 118,839 1,838,573
William W. Priest, Jr. 2,651,077 119,339 1,838,573
In addition to the directors re-elected at the meeting, Richard
Francis and Peter Kaplan continue to serve as directors of the
Fund.
(2) To ratify the selection of Coopers & Lybrand L.L.P. as
independent public accountants for the year ending
December 31, 1997.
For Against Abstain Non-Votes
2,685,525 80,710 4,181 1,838,573
(3) To approve a sub-advisory agreement with Credit Suisse Asset
Management Limited.
For Against Abstain Non-Votes
2,624,493 114,010 11,798 1,858,688
