<PAGE> PAGE 1
000 B000000 03/31/2000
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<PAGE> PAGE 2
012 A00AA01 PFPC,INC.
012 B00AA01 84-1761
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02110
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013 B01AA01 BOSTON
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014 A00AA01 JEFFERIES & COMPANY, INC.
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014 A00AA02 TWEEDY, BROWNE COMPANY, LLC
014 B00AA02 8-18316
015 A00AA01 BOSTON SAFE DEPOSIT AND TRUST COMPANY
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<PAGE> PAGE 3
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054 A00AA00 Y
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<PAGE> PAGE 7
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<PAGE> PAGE 10
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SIGNATURE COLEEN DOWNS DINNEEN
TITLE ASSISTANT SECRETARY
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NUMBER> 01
" <NAME> Tweedy, Browne Global Value Fund"
<S> <C>
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<PERIOD-END> MAR-31-2000
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<INVESTMENTS-AT-VALUE> "3,156,663,762 "
<RECEIVABLES> "54,353,243 "
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> "34,775,425 "
<TOTAL-ASSETS> "3,245,792,430 "
<PAYABLE-FOR-SECURITIES> "204,393 "
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "9,083,843 "
<TOTAL-LIABILITIES> "9,288,236 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "2,281,005,871 "
<SHARES-COMMON-STOCK> "153,363,515 "
<SHARES-COMMON-PRIOR> "143,236,350 "
<ACCUMULATED-NII-CURRENT> "4,374,895 "
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<OVERDISTRIBUTION-GAINS> 0
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<OTHER-INCOME> 0
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<DISTRIBUTIONS-OF-INCOME> "(38,718,066)"
<DISTRIBUTIONS-OF-GAINS> "(87,908,561)"
<DISTRIBUTIONS-OTHER> 0
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<NUMBER-OF-SHARES-REDEEMED> "(99,258,702)"
<SHARES-REINVESTED> "5,919,140 "
<NET-CHANGE-IN-ASSETS> "646,930,223 "
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<ACCUMULATED-GAINS-PRIOR> "111,916,063 "
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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" <NAME> Tweedy, Browne American Value Fund"
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<DISTRIBUTIONS-OF-GAINS> "(23,834,988)"
<DISTRIBUTIONS-OTHER> 0
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<NUMBER-OF-SHARES-REDEEMED> "(26,626,910)"
<SHARES-REINVESTED> "1,486,136 "
<NET-CHANGE-IN-ASSETS> "(172,276,033)"
<ACCUMULATED-NII-PRIOR> "29,374 "
<ACCUMULATED-GAINS-PRIOR> "22,346,297 "
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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</TABLE>
REPORT OF INDEPENDENT AUDITORS
To the Shareholders and
Board of Directors of
Tweedy, Browne Fund Inc.
In planning and performing our audit of the financial statements of the
Tweedy, Browne Global Value Fund and the Tweedy, Browne American Value
Fund, each a diversified series of Tweedy, Browne Fund Inc., for the year
ended March 31, 2000, we considered their internal control, including
control activities for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion on the
financial statements and to comply with the requirements of Form N-SAR,
not to provide assurance on internal control.
The management of Tweedy, Browne Fund Inc. is responsible for establishing
and maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the expected
benefits and related costs of controls. Generally, controls that are
relevant to an audit pertain to the entity's objective of preparing
financial statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles. Those controls
include the safeguarding of assets against unauthorized acquisition, use
or disposition.
Because of inherent limitations in internal control, error or fraud may
occur and not be detected. Also, projection of any evaluation of internal
control to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of
the design and operation may deteriorate.
Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material weaknesses under
standards established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the design or
operation of one or more of the internal control components does not
reduce to a relatively low level the risk that misstatements caused by
error or fraud in amounts that would be material in relation to the
financial statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing their
assigned functions. However, we noted no matters involving internal
control and its operation, including controls for safeguarding securities,
that we consider to be material weaknesses as defined above at March 31,
2000.
This report is intended solely for the information and use of management,
the Board of Directors of Tweedy, Browne Fund Inc., and the Securities and
Exchange Commission and is not intended to be and should not be used by
anyone other than these specified parties.
ERNST & YOUNG LLP
May 8, 2000
