<PAGE>
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Proxy Statement/
Prospectus and Statement of Additional Information constituting parts of this
Registration Statement on Form N-14 (the "Registration Statement") of our report
dated March 17, 2000, relating to the financial statements and financial
highlights of Scudder High Yield Bond Fund appearing in the January 31, 2000
Annual Report to Shareholders, which is also incorporated by reference into the
Registration Statement. We further consent to the reference to us under the
heading "Auditors" in the Registration Statement.
PricewaterhouseCoopers LLP
Boston, Massachusetts
December 27, 2000
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CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference of our report dated November 16,
2000 for Kemper High Yield Opportunity Fund in the Registration Statement (Form
N-14) and related Proxy Statement /Prospectus of Scudder Portfolio Trust filed
with the Securities and Exchange Commission under the Securities Act of 1933.
ERNST & YOUNG LLP
Chicago, Illinois
December 29, 2000
