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KPMG LLP KPMG Letterhead
4200 Norwest Center
90 South Seventh Street
Minneapolis, MN 55402
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Advantus International Balanced Fund, Inc.:
We consent to the use of our report dated November 10, 2000 incorporated by
reference herein and the references to our Firm under the headings "FINANCIAL
HIGHLIGHTS" and "INDEPENDENT AUDITORS"in Part A and "FINANCIAL STATEMENTS" in
Part B of the Registration Statement.
KPMG LLP
Minneapolis, Minnesota
November 28, 2000