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<PAGE> PAGE 2
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SIGNATURE EDWARD J. VEILLIEUX
TITLE PRINCIPAL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000888779
<NAME> BT INTERNATIONAL EQUITY PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 2,352,197,889
<INVESTMENTS-AT-VALUE> 2,631,165,604
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<OTHER-ITEMS-ASSETS> 0
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<TOTAL-LIABILITIES> 409,164,362
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<INTEREST-INCOME> 562,349
<OTHER-INCOME> 345,358
<EXPENSES-NET> 8,179,745
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> (61,579,156)
<APPREC-INCREASE-CURRENT> 281,434,284
<NET-CHANGE-FROM-OPS> 223,679,255
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[AVG-DEBT-OUTSTANDING] 0
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</TABLE>
BT INTERNATIONAL EQUITY PORTFOLIO
Rule 10f-3 Transactions
Trade Date 10/5/98
Broker Credit Suisse First Boston Corp.
ISSUER Swisscom (SCMN.SW)
SHARES PURCHASED 279,000
% OF OFFERING 1.2680%
SPREAD OR COMMISSION
PER SHARE $1.0000
PRICE
PER SHARE $100.94
TOTAL $28,162,260
TRADE DATE 11/2/98
Broker Warburg Dillon Read LLC
ISSUER Hellenic Telecom (OTE)
SHARES PURCHASED 113,450
% OF OFFERING 0.7090%
SPREAD OR COMMISSION
PER SHARE $3.3400
PRICE
PER SHARE $252.77
TOTAL $28,676,757
