Independent Auditors' Consent
To the Shareholders and Board of Directors of
High Income Opportunity Fund Inc.:
We consent to the incorporation by reference in this Prospectus
and Statement of Additional Information of our report dated
November 13, 2000, on the statement of assets and liabilities for
the High Income Opportunity Fund Inc. (the "Fund") as of September
30, 2000 and the related statement of operations for the year then
ended, the statements of changes in net assets for each of the
years in the two-year period then ended and the financial
highlights for each of the years in the five-year period then
ended. These financial statements and financial highlights and
our report thereon are included in the Annual Report of the Fund
as filed on Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights"and "Other Information" in the Prospectus
and "Independent Auditors" in the Statement of Additional
Information.
KPMG LLP
New York, New York
January 8, 2001
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