-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AWhxxLEhC2SSkbGUTmqaa/CNWnOQ5eu/FhxEhiF6vEMeGfDTB6QxWtzeP3pX1s+J 9yH9AlOpie/SFp7dLB3j8g== 0001120925-03-000004.txt : 20030623 0001120925-03-000004.hdr.sgml : 20030623 20030623153027 ACCESSION NUMBER: 0001120925-03-000004 CONFORMED SUBMISSION TYPE: N-CSR/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030430 FILED AS OF DATE: 20030623 EFFECTIVENESS DATE: 20030623 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T ROWE PRICE INTERNATIONAL INDEX FUND INC CENTRAL INDEX KEY: 0001120925 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CSR/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-10063 FILM NUMBER: 03753302 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT ST. CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4103454598 MAIL ADDRESS: STREET 1: 100 EAST PRATT ST CITY: BALTIMORE STATE: MD ZIP: 21202 N-CSR/A 1 ixf.txt T. ROWE PRICE INTERNATIONAL EQUITY INDEX FUND Item 1. Report to Shareholders T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials Financial Highlights - -------------------------------------------------------------------------------- For a share outstanding throughout each period 6 Months Year 11/30/00 Ended Ended Through 4/30/03 10/31/02 10/31/01 - -------------------------------------------------------------------------------- NET ASSET VALUE Beginning of period $ 6.68 $ 7.78 $ 10.00 Investment activities Net investment income (loss) 0.07 0.09 0.10 Net realized and unrealized gain (loss) 0.09 (1.12) (2.32) Total from investment activities 0.16 (1.03) (2.22) Distributions Net investment income (0.10) (0.07) -- NET ASSET VALUE End of period $ 6.74 $ 6.68 $ 7.78 --------------------------------------------------- Ratios/Supplemental Data Total return^ 2.45% (13.38)% (22.20)% Ratio of total expenses to average net assets 0.50%! 0.50% 0.50%! Ratio of net investment income (loss) to average net assets 2.21%! 1.59% 1.51%! Portfolio turnover rate 47.5%! 49.0% 63.1%! Net assets, end of period (in thousands) $ 13,754 $ 12,031 $ 7,502 ^ Total return reflects the rate that an investor would have earned on an investment in the fund during each period, assuming reinvestment of all distributions. ! Annualized The accompanying notes are an integral part of these financial statements. T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) April 30, 2003 Statement of Net Assets Shares Value - -------------------------------------------------------------------------------- In thousands EUROPE/FAR EAST 1.0% Common Stocks 1.0% iShares MSCI EAFE (USD) 1,400 $ 140 Total Europe/Far East (Cost $135) 140 FOREIGN/EUROPE 0.2% Common Stocks 0.2% iShares MSCI EMU (USD) 700 32 Total Foreign/Europe (Cost $28) 32 AUSTRALIA 5.0% Common Stocks 4.8% Alumina 2,613 7 Amcor 2,215 11 AMP 2,787 15 AMP Diversified Property 345 1 Ansell Limited * 518 2 Australia & New Zealand Banking 3,424 40 Australian Foundation Investment 1,202 3 Australian Gas Light 954 7 AXA Asia Pacific 2,595 4 Bank of Western Australia 5 0 BHP Billiton 8,773 50 BHP Steel 1,371 3 Boral 1,319 4 Brambles Industries 2,420 8 Caltex Australia * 119 0 CFS Gandel Retail Trust 2,722 2 Coca Cola Amatil 1,019 4 Cochlear Limited 74 2 Coles Myer 1,994 9 Commonwealth Bank of Australia 2,883 49 Computershare 1,158 1 CSL 452 4 CSR 2,259 2 Foodland Associated 646 8 Foster's Group 4,530 $ 13 General Property Trust 4,766 9 Harvey Norman 2,608 4 Iluka Resources 547 1 Insurance Australia Group Limited 3,233 6 iShares MSCI Australia (USD) 1,600 16 James Hardie Industries 470 2 John Fairfax 156 0 Lend Lease 773 5 Lion Nathan 914 3 Macquarie Bank 433 7 Macquarie Infrastructure Group 4,365 9 Mayne Group 3,154 6 MIM 3,915 4 Mirvac 1,426 4 National Australia Bank 3,473 71 National Foods 1,643 3 Newcrest Mining 980 4 News Corporation 3,563 25 Orica 1,230 8 Origin Energy 2,350 7 Patrick Corporation 376 3 Publishing & Broadcasting 71 0 Qantas Airways 1,613 3 QBE Insurance 1,248 7 Rinker Group * 2,259 7 Rio Tinto 895 18 Santos 1,210 4 Seven Network 80 0 Southcorp 1,509 4 St. George Bank 1,133 14 Stockland 1,927 6 Suncorp Metway 1,171 8 Tabcorp (misc. symbol) 840 6 Telstra 5,793 15 Transurban 1,098 3 Wesfarmers 883 13 Westfield Holdings 1,300 $ 12 Westfield Trust 4,829 10 Westpac Banking 4,110 41 WMC Resources Limited * 2,651 7 Woodside Petroleum 937 7 Woolworths 2,194 18 649 Preferred Stocks 0.2% News Corporation 5,621 33 33 Total Australia (Cost $620) 682 AUSTRIA 0.3% Common Stocks 0.3% Andritz 55 1 Austrian Airlines * 9 0 BBAG 8 1 Bohler-Uddeholm 31 2 Brau-Union 8 1 BWT 108 2 CA Immobilien Anlagen * 67 1 Erste Bank 138 11 EVN 7 0 Immofinanz Immobilien Anlagen * 887 6 Lenzing 1 0 Mayr-Melnhof Karton 26 2 OMV 34 4 Palfinger 1 0 Semperit Holdings 22 0 Sparkassen Immobilien * 40 0 Telekom Austria * 431 5 Uniqa Versicherungen 68 1 VA Technologie * 8 0 Voest-Alpine 33 1 Wienerberger 205 4 Total Austria (Cost $31) 42 T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) BELGIUM 1.1% Common Stocks 1.1% Ackermans & Van Haaren 21 $ 0 Agfa Gevaert (misc. symbol) 485 10 Almanij 192 7 Bekaert 40 2 CNP 17 2 Colruyt 32 2 D'Ieteren 15 2 Delhaize Group 175 4 Dexia 2,120 24 Electrabel 97 23 Fortis 1,660 28 Groupe Bruxelles Lambert 141 6 Interbrew 507 11 KBC Bank 195 7 Mobistar * 58 2 Solvay 99 7 Tessenderlo Chemie 83 3 UCB 234 6 Umicore 17 1 Total Belgium (Cost $162) 147 BERMUDA 0.1% Common Stocks 0.1% Kowloon Motor Bus Holdings (HKD) 800 4 Yue Yuen Industrial (HKD) 4,000 8 Total Bermuda (Cost $7) 12 CAYMAN ISLAND 0.0% Common Stocks 0.0% Tingyi Holding (HKD) 6,000 1 Total Cayman Island (Cost $1) 1 T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) DENMARK 0.7% Common Stocks 0.7% Carlsberg, Series B (misc. symbol) 54 $ 2 Codan * 12 0 Coloplast 45 3 Copenhagen Airports 17 1 Danisco 176 6 Danske Bank 1,759 34 FLS Industries, Series B * 1 0 GN Great Nordic * 603 2 Group 4 Falck 120 2 H. Lundbeck 275 6 ISS 92 3 Jyske Bank * 168 6 NEG Micon 53 1 Novo Nordisk 502 18 Novozymes, Series B 122 3 TDC A/S 361 9 Topdanmark * 54 2 Vestas Wind Systems 186 2 William Demant * 84 2 Total Denmark (Cost $109) 102 T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) FINLAND 1.8% Common Stocks 1.8% Elisa * 408 3 Fortum 874 6 Metso 322 3 Nokia 11,267 191 Sampo, Series A 633 5 Stora Enso 1,586 17 TietoEnator 212 3 UPM- Kymmene 1,205 18 Total Finland (Cost $325) 246 T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) FRANCE 9.9% Common Stocks 9.9% Accor 497 $ 16 Alcatel *(misc. symbol) 3,130 26 Assurances Generales de France 169 6 Aventis (misc. symbol) 1,862 95 AXA 4,128 63 BNP Paribas 2,061 97 Bouygues 590 14 Canal Plus 69 0 Cap Gemini * 289 9 Carrefour 1,634 71 Casino Guichard-Perrachon 51 4 Christian Dior 200 7 Compagnie de Saint-Gobain 805 28 Credit Agricole (misc. symbol) 625 12 Credit Lyonnais * 597 37 Essilor International 234 10 France Telecom * 1,586 37 Groupe Danone 323 46 L'Air Liquide 235 36 L'Oreal 827 59 Lafarge 284 19 Lagardere S.C.A. 324 12 LVMH 877 38 Michelin 244 9 Orange * 1,613 13 Pechiney 191 6 Pernod-Ricard 153 13 Peugeot 424 20 Pinault Printemps Redoute 210 15 Renault 306 13 Rexel 44 1 Sanofi-Synthelabo 848 51 Schneider Electric * 555 26 Societe Generale 979 60 Societe Television Francaise 1 (misc. symbol) 346 10 Sodexho Alliance (misc. symbol) 283 $ 6 STMicroelectronics 1,612 33 Suez 2,602 42 Thales 201 5 Thomson * 434 6 TotalFinaElf, Series B (misc. symbol) 1,602 211 Valeo 137 4 Vinci 162 11 Vivendi Environment 891 19 Vivendi Universal 2,433 40 Total France (Cost $1,610) 1,356 GERMANY 6.6% Common Stocks 6.5% Adidas-Salomon 98 8 Allianz 650 46 Altana 144 7 AMB 39 2 BASF (misc. symbol) 1,426 64 Bayer (misc. symbol) 1,670 31 Bayerische Hypo-und Vereinsbank 813 11 Beiersdorf, Series A 91 11 BMW 668 22 Commerzbank 849 8 Continental * 322 6 DaimlerChrysler (misc. symbol) 2,294 74 Degussa 69 2 Deutsche Bank 1,425 74 Deutsche Lufthansa *(misc. symbol) 449 5 Deutsche Post 789 9 Deutsche Telekom 7,315 98 E.On 1,609 77 Fresenius Medical Care 95 5 Gehe 74 3 HeidelbergCement 41 1 Henkel 126 7 HVB Group 84 1 Infineon Technologies * 1,749 $ 13 Karstadt (misc. symbol) 179 3 Linde 216 8 MAN 214 4 Metro 360 10 MLP (misc. symbol) 285 3 Munich Re 295 30 RWE 1,018 27 SAP 605 62 Schering 447 20 Siemens 2,072 104 ThyssenKrupp (misc. symbol) 826 9 TUI 312 5 Volkswagen 718 25 895 Preferred Stocks 0.1% Henkel (Non-voting shares) 153 10 10 Total Germany (Cost $1,194) 905 GREECE 0.5% Common Stocks 0.5% Agriculture Bank of Greece * 80 1 Alpha Bank * 437 6 Alpha Investment * 301 1 Altec Information & Communications Systems * 1,614 1 Aluminium of Greece 50 1 Aspis Pronia General Insurance * 265 0 Athens Water Supply & Sewage 24 0 Attica Enterprises 184 0 Babis Vovos 10 0 Bank of Greece 8 1 Bank of Piraeus 132 1 Chipita International 50 0 Coca-Cola Hellenic Bottling 239 4 Commercial Bank of Greece 77 $ 1 Corinth Pipeworks 30 0 Cosmote 220 2 Delta 193 1 EFG Eurobank Ergasias * 397 5 Egnatia Bank 229 1 Elais Oleaginous Products 6 0 ETBA 192 0 Ethniki General Insurance * 10 0 General Construction 190 1 Goody's 2 0 Greek Organization of Football Prognostics 400 4 Hellenic Duty Free Shops 97 1 Hellenic Petroleum 92 1 Hellenic Sugar 10 0 Hellenic Telecommunications Organization 803 9 Heracles General Cement 40 0 Hyatt Regency Hotels and Tourism 35 0 Iaso 254 2 Info-Quest * 215 0 Inform P. Lykos 110 1 Intracom 164 1 J&P-Avax 40 0 Lambrakis Press * 59 0 M.J. Maillis 290 1 Minoan Lines * 379 1 N.B.G. Real Estate Development 50 0 Naoussa Spinning Mills * 27 0 National Bank of Greece * 448 6 Pouliades Associates 221 0 Public Power * 200 3 Sarantis * 400 1 Singular 105 0 Technical Olympic 759 2 Tiletipos 21 0 Titan Cement 30 1 Unisystems 23 $ 0 Viohalco 250 1 Vodafone Panafon 741 5 67 Preferred Stocks 0.0% Delta 345 2 Motor Oil Hellas 30 0 2 Total Greece (Cost $91) 69 HONG KONG 2.1% Common Stocks 2.1% Bank of East Asia 2,400 4 BOC Hong Kong 6,000 6 Cathay Pacific Airways 4,000 5 Cheung Kong Holdings 4,000 22 Cheung Kong Infrastructure Holdings 2,000 4 China Mobile (Hong Kong) 14,500 29 China Overseas Land 2,000 0 China Resources Enterprise (misc. symbol) 4,000 3 China Unicom * 6,000 3 Citic Pacific 2,000 3 CLP 3,700 15 CNOOC 10,000 13 Cosco Pacific 4,000 3 Dairy Farm International (USD) 4,500 5 Denway Motors 6,000 2 Esprit 1,500 3 Hang Lung Development 1,000 1 Hang Lung Properties Limited 3,000 3 Hang Seng Bank 1,800 18 Henderson Investor 2,000 2 Henderson Land Development 1,000 2 Hong Kong & China Gas 11,930 14 Hong Kong & Shanghai Hotels * 5,000 2 Hong Kong Electric 3,000 12 Hong Kong Land (USD) 5,000 6 Hutchison Whampoa 7,000 $ 39 Hysan Development 1,000 1 Shares MSCI Hong Kong (USD) 400 3 Jardine Matheson (USD) 800 5 Johnson Electric 4,500 5 Kerry Properties 1,500 2 Legend 16,000 4 Li & Fung 4,000 4 MTR 4,500 5 New World Development 2,000 1 PCCW Limited * 3,200 2 Shanghai Industrial Holdings 2,000 2 Shangri-La Asia 2,000 1 Sino Land 4,000 1 South China Morning Post 6,000 2 Sun Hung Kai Properties 4,000 19 Swire Pacific, Series A 1,500 6 Swire Pacific, Series B 5,000 3 Wharf 2,000 4 Wheelock 1,000 1 Total Hong Kong (Cost $410) 290 IRELAND 0.8% Common Stocks 0.8% Allied Irish Banks 2,131 33 Bank of Ireland 2,355 29 CRH 1,144 17 DCC 179 2 Elan * 1,140 4 Independent News & Media 1,359 2 Independent News & Media, Rights * 362 0 Irish Life & Permanent 771 9 Kerry 523 8 Ryanair * 726 5 Total Ireland (Cost $105) 109 ITALY 4.3% Common Stocks 4.3% Alleanza Assicurazioni (misc. symbol) 1,080 $ 10 Assicurazioni Generali (misc. symbol) 3,053 70 Banca Antonveneta 502 9 Banca Fideuram 761 4 Banca Intesa 10,102 26 Banca Lombarda * 691 8 Banca Monte dei Paschi di Siena 2,341 7 Banca Popolare di Bergamo (misc. symbol) 256 5 Banco Popolare di Verona e Novara (misc. symbol) 861 12 Benetton 254 2 BNL * 2,761 5 Bulgari 228 1 Capitalia (misc. symbol) 4,217 7 Enel (misc. symbol) 5,685 34 ENI 7,034 100 Fiat (misc. symbol) 681 5 Fineco *(misc. symbol) 3,285 2 Finmeccanica 18,517 11 Fondiaria-Sai 151 2 Gruppo Editoriale L'Espresso 521 2 HDP * 1,491 4 Ifil (Ordinary shares) (misc. symbol) 365 1 Ifil (Savings shares) 65 0 Italcementi (misc. symbol) 187 2 Luxottica Group 443 5 Mediaset 1,456 12 Mediobanca 808 8 Mediolanum 395 2 Olivetti * 14,781 17 Pharmalat Finanz (misc. symbol) 1,126 3 Pirelli (misc. symbol) 4,418 4 RAS 790 11 Saipem (misc. symbol) 1,109 8 San Paolo IMI (misc. symbol) 2,345 19 Seat Pagine Gialle * (misc. symbol) 13,052 9 Snam Rete Gas 2,197 $ 8 Telecom Italia (Ordinary shares) (misc. symbol) 6,314 52 Telecom Italia (Savings shares) 3,207 16 Telecom Italia Mobile 9,793 46 UniCredito Italiano (misc. symbol) 11,012 48 Total Italy (Cost $684) 597 JAPAN 18.0% Common Stocks 18.0% 77 Bank 1,000 4 ACOM 200 6 Advantest 100 3 AEON 600 14 Aiful 50 2 Aioi Insurance 1,000 2 Ajinomoto 2,000 20 All Nippon Airways *(misc. symbol) 5,000 8 Asahi Breweries 2,000 12 Asahi Glass 2,000 11 Asahi Kasei 2,000 5 Ashikaga Financial Group * 7,000 9 Bank of Yokohama 1,000 4 Benesse 300 4 Bridgestone 1,000 11 Canon 1,000 40 Central Japan Railway 2 13 Chubu Electric 1,500 30 Chugai Pharmaceutical 1,900 20 Chugoku Electric Power 800 13 Citizen Watch 1,000 5 Credit Saison 300 6 CSK (misc. symbol) 100 2 Dai Nippon Printing 2,000 19 Daido Steel 1,000 1 Daiei * (misc. symbol) 13,000 14 Dainippon Ink & Chemicals 9,000 14 Daito Trust Construction 600 11 Daiwa House Industry 1,000 $ 6 Daiwa Securities 3,000 12 Denso 1,200 17 East Japan Railway 7 32 Eisai 400 7 FamilyMart 200 4 Fanuc 300 12 Fast Retailing 200 6 Fuji Electric 5,000 9 Fuji Heavy Industries 1,000 4 Fujisawa Pharmaceutical 1,000 17 Fujitsu 3,000 8 Furukawa Electric 1,000 2 Gunma Bank 1,000 5 Hachijuni Bank 1,000 3 Hankyu * 2,000 5 Hanshin Electric Railway 1,000 3 Heiwa 700 11 Hitachi 6,000 20 Hitachi Capital 100 1 Hitachi Chemical 300 3 Hokkaido Electric Power 500 7 Hokuriku Bank * 15,000 19 Hokuriku Electric Power 500 8 Honda Motor 1,700 56 Hoya 300 18 iShares MSCI Japan (USD) * 9,400 60 Ishikawajima Harima Heavy Industries 6,000 5 Isuzu Motors *(misc. symbol) 10,000 8 Ito-Yokado 1,000 24 Itochu 2,000 4 Itochu Techno-Science 100 2 Japan Airlines System 1,000 2 Japan Telecom Holdings 2 5 Japan Tobacco 2 12 JFE Holdings 900 11 Joyo Bank 1,000 3 Kajima (misc. symbol) 2,000 $ 4 Kanebo * 1,000 1 Kansai Electric Power 1,800 30 Kao 1,000 18 Kawasaki Heavy Industries 6,000 5 Kawasaki Kisen Kaisha (misc. symbol) 5,000 11 KDDI 7 21 Keihin Electric Express Railway 1,000 5 Keio Electric Railway 1,000 5 Keyence 100 16 Keyence (Bonus shares) * 10 2 Kinki Nippon Railways *(misc. symbol) 3,000 7 Kirin Brewery 2,000 15 Kobe Steel * 4,000 2 Komatsu 1,000 4 Konami 200 3 Konica 1,000 9 Kubota 2,000 5 Kuraray 1,000 6 Kyocera 400 20 Kyowa Hakko Kogyo 1,000 4 Kyushu Electric Power 1,000 16 Lawson 200 6 Makita 1,000 8 Marubeni 6,000 6 Marui 2,000 17 Matsushita Electric Industrial 4,000 32 Matsushita Electric Works 1,000 5 Mazda Motor (misc. symbol) 2,000 4 Millea Holdings 3 19 Minolta 2,000 11 Mitsubishi 3,000 18 Mitsubishi Chemical 4,000 7 Mitsubishi Electric 5,000 13 Mitsubishi Estate 2,000 12 Mitsubishi Heavy Industries 8,000 18 Mitsubishi Materials * 2,000 2 Mitsubishi Tokyo Financial 7 $ 24 Mitsui 3,000 14 Mitsui Chemical 1,000 4 Mitsui Engineering & Shipbuilding 3,000 3 Mitsui Fudosan 2,000 11 Mitsui Mining & Smelting 1,000 3 Mitsui O.S.K. Lines 2,000 5 Mitsui Sumitomo Insurance 3,000 14 Mitsukoshi (misc. symbol) 1,000 2 Mitsumi Electric 400 3 Mizuho Financial Group * 18 10 Mizuho Trust & Banking *(misc. symbol) 14,000 10 Murata Manufacturing 600 21 Nagoya Railroad * 1,000 3 NEC 3,000 9 Nikko Securities 3,000 8 Nintendo 200 16 Nippon Express 2,000 7 Nippon Mining Holdings (misc. symbol) 3,500 6 Nippon Oil 2,000 8 Nippon Sheet Glass 1,000 2 Nippon Steel 16,000 18 Nippon Telegraph & Telephone 7 25 Nippon Unipac 2 6 Nippon Yusen 2,000 7 Nipponkoa Insurance 1,000 3 Nissan Motor 5,000 38 Nissin Food Products 400 9 Nitto Denko 400 12 Nomura Securities 4,000 40 NTT Data 3 7 NTT DoCoMo 47 97 Obayashi 1,000 3 Odakyu Electric Railway 2,000 9 Oji Paper 2,000 8 Oki Electric Industry * 3,000 6 Oracle Japan 100 3 Oriental Land 100 $ 4 Orix 200 9 Osaka Gas 3,000 9 Pioneer 300 6 Promise 100 3 Resona Holdings *(misc. symbol) 9,000 4 Ricoh 2,000 31 Rohm 300 31 Sankyo 1,000 14 Sanrio 500 2 Sanyo Electric 3,000 9 Secom 500 12 Sega * 400 2 Sekisui House 1,000 7 Seven-Eleven Japan 1,000 24 Sharp 2,000 21 Shikoku Electric Power 500 8 Shimano 1,500 24 Shimizu 1,000 3 Shin-Etsu Chemical 700 21 Shionogi & Co. 1,000 12 Shiseido 1,000 9 Shizuoka Bank 1,000 7 Shohkoh Fund (misc. symbol) 30 2 Showa Denko * 5,000 8 SMC 100 8 Softbank (misc. symbol) 500 6 Sompo Japan Insurance 1,000 5 Sony 2,100 51 Sumitomo 2,000 8 Sumitomo Chemicals 3,000 8 Sumitomo Electric Industries 1,000 6 Sumitomo Metal Industries * 8,000 4 Sumitomo Metal Mining 1,000 3 Sumitomo Mitsui Financial Group (misc. symbol) 10 16 Sumitomo Osaka Cement 3,000 4 Sumitomo Realty & Development (misc. symbol) 1,000 3 Sumitomo Trust & Banking 1,000 3 Suzuki Motor 1,000 12 Taiheiyo Cement (misc. symbol) 5,000 $ 7 Taisei 1,000 2 Takeda Chemical Industries 1,500 55 Takefuji 160 8 TDK 200 7 Teijin 1,000 2 Terumo 700 12 The Bank of Fukuoka 1,000 4 Tobu Railway 1,000 3 Toho 600 5 Tohoku Electric Power 1,000 16 Tokyo Electric Power 2,300 47 Tokyo Electron 300 11 Tokyo Gas 5,000 16 Tokyu 2,000 5 Toppan Printing 1,000 6 Toray Industries 2,000 5 Toshiba 6,000 16 Tosoh 1,000 2 Toto 1,000 5 Toyobo 3,000 4 Toyoda Gosei 1,100 20 Toyota Industries 500 7 Toyota Motor 6,300 143 Ube Industries 3,000 4 UFJ Holdings *(misc. symbol) 6 5 West Japan Railway 3 9 Yamanouchi Pharmaceutical 1,000 25 Yamato Transport 1,000 11 YASKAWA Electric * 1,000 2 Total Japan (Cost $3,439) 2,478 LUXEMBOURG 0.1% Common Stocks 0.1% Arcelor * 858 10 SES Global (1 FDR Represents 1 A share) 431 2 Total Luxembourg (Cost $13) 12 NETHERLANDS 5.1% Common Stocks 5.1% ABN Amro Holdings (misc. symbol) 3,712 $ 63 Aegon 3,440 35 Akzo Nobel 686 15 ASML Holding * 1,241 11 DSM 172 8 European Aeronautic Defense & Space 754 7 Fortis (misc. symbol) 1,530 25 Heineken 486 18 ING Groep 4,521 74 Koninklijke Numico 338 3 Philips Electronics 3,162 59 Reed Elsevier (misc. symbol) 1,831 21 Royal Ahold 2,071 9 Royal Dutch Petroleum 4,940 202 Royal KPN * 4,059 27 TNT Post 826 13 Unilever 1,360 86 VNU 622 18 Wolters Kluwer 668 9 Total Netherlands (Cost $961) 703 NEW ZEALAND 0.2% Common Stocks 0.2% Air New Zealand * 1,979 1 Auckland International Airport 120 0 Briscoe Group 95 0 Carter Holt Harvey 3,239 3 Contact Energy 255 1 Fisher & Paykel Appliances 34 0 Fisher & Paykel Healthcare 197 1 Fletcher Building 520 1 Independent Newspapers 137 0 Infratil Limited 263 0 Kiwi Income Property Trust 2,924 2 Natural Gas Corporation 6 $ 0 Port of Tauranga Limited 94 0 Ports of Auckland 30 0 Sanford 434 2 Sky City 630 3 Sky Network Television * 136 0 Telecom Corp. of New Zealand 4,958 13 Tower 950 1 Tranz Rail Holdings * 1,329 0 Warehouse Group 1,391 5 Westpac Trust Investments 74 1 34 Preferred Stocks 0.0% Fletcher Challenge Forests * 1,754 1 1 Total New Zealand (Cost $30) 35 NORWAY 0.5% Common Stocks 0.5% Bergesen, Series A 73 2 Bergesen, Series B 15 0 DnB Holding 702 3 EDB Business Partner * 229 1 Gjensidige NOR ASA (misc. symbol) 169 6 Hafslund, Series B 31 0 Kongsberg Gruppen * 360 4 Kvaerner, Series A * 1,155 1 Leif Hoegh 16 0 Norsk Hydro 427 18 Norske Skogsindustrier 376 5 Odfjell, Series A * 5 0 Opticom * 126 2 Orkla, Series A 411 7 Rieber & Son, Series A * 90 1 Schibsted 131 1 Smedvig, Series B 245 1 Statoil 1,103 9 Storebrand ASA * 673 $ 3 Tanderg * 386 1 Telenor 1,202 5 Tomra Systems 321 2 Wilhelm Wilhelmsen, Series A 11 0 Total Norway (Cost $81) 72 PORTUGAL 0.4% Common Stocks 0.4% Banco BPI 1,201 3 Banco Comercial Portugues 4,532 6 Banco Espirito Santo 187 3 Brisa-Auto Estradas de Portugal 950 5 CIMPOR 255 1 Electricidade de Portugal 4,815 9 Jeronimo Martins * 76 1 Portugal Telecom 2,930 21 PT Multimedia-Servicos de Telecomunicacoes e Multimedia * 192 3 Sonae * 2,546 1 Total Portugal (Cost $64) 53 SINGAPORE 0.8% Common Stocks 0.8% BIL International * 7,500 2 CapitaLand 1,000 1 Chartered Semiconductor Manufacturing * 3,000 1 City Developments 1,000 2 ComfortDelGro Corporation * 5,012 2 Creative Technology 350 2 Datacraft Asia (USD) * 2,000 1 DBS 2,000 10 Elec & Eltek (USD) 1,400 3 Haw Par 103 0 Jardine Strategic (USD) 500 1 Keppel 1,000 3 MobileOne Limited 2,000 2 NatSteel 4,000 $ 5 Neptune Orient Lines * 4,000 3 Overseas Chinese Banking 2,000 11 Pacific Century Regional Developments * 7,000 1 Sembcorp Industries 2,000 1 Sembcorp Logistics 2,000 2 Sembcorp Marine 5,000 3 Singapore Airlines 1,000 5 Singapore Press 1,000 9 Singapore Technologies Engineering 4,000 4 Singapore Telecommunications 11,000 9 Singapore Telecommunications CUFS (1 CDR represents 1 ordinary share) (AUD) 1,333 1 ST Assembly Test Services * 4,000 3 United Industrial 1,000 0 United Overseas Bank 2,520 15 Venture Manufacturing 1,000 8 Want Want Holdings (USD) 8,000 5 Total Singapore (Cost $143) 115 SPAIN 3.9% Common Stocks 3.9% Acciona 78 4 Acerinox 157 6 Acesa Infraestructuras 202 3 ACS 115 4 Alba 134 3 Altadis, Series A 717 19 Amadeus Global Travel Distribution 920 5 Banco Bilbao Vizcaya Argentaria 7,528 76 Banco Popular Espanol 490 24 Banco Santander Central Hispano 10,800 85 Bankinter 179 5 Cia Espanola de Petroleos 262 6 Endesa 2,416 34 FCC 198 5 Gas Natural 558 $ 11 Grupo Dragados 387 7 Iberdrola 2,048 33 Inditex 721 14 NH Hoteles * 247 2 Repsol 2,745 40 Telefonica 11,871 132 Terra Networks * 991 5 Union Electrica Fenosa 576 8 Total Spain (Cost $536) 531 SWEDEN 2.5% Common Stocks 2.5% Assa Abloy 671 6 Atlas Copco, Series A 247 6 Atlas Copco, Series B 177 4 Electrolux, Series B (misc. symbol) 851 16 Eniro 347 3 ForeningsSparbanken, Series A 857 12 Gambro, Series A (misc. symbol) 479 3 Gambro, Series B 194 1 Hennes & Mauritz, Series B 1,372 31 Holmen, Series B 153 4 Industrivarden, Series A 382 5 Industrivarden, Series C 107 1 Investor, Series A (misc. symbol) 628 4 Investor, Series B 971 6 iShares MSCI Sweden (USD) 1,200 13 LM Ericsson, Series B * 37,036 34 Modern Times * 129 1 Nordea (misc. symbol) 6,743 36 Sandvik 620 16 SAS * 263 1 SAS (DKK) * 14 0 Scania, Series B 83 2 SEB, Series A 1,445 15 Securitas, Series B 673 8 Skandia Forsakrings 2,105 $ 6 Skanska * 843 5 SKF, Series A 65 2 SKF, Series B 180 5 SSAB Svenskt Stal, Series A 146 2 SSAB Svenskt Stal, Series B 138 2 Svenska Cellulosa 445 15 Svenska Handelsbanken, Series A 1,599 25 Swedish Match (misc. symbol) 1,088 8 Tele2, Series B * 227 8 TeliaSonera * 1,731 6 TeliaSonera (EUR) * 1,303 5 Volvo, Series A 389 7 Volvo, Series B 787 16 Total Sweden (Cost $410) 340 SWITZERLAND 7.3% Common Stocks 7.3% ABB * 2,649 8 Adecco 334 13 Baloise 167 5 Ciba Specialty Chemicals * 145 10 Clariant 316 3 Compagnie Financiere Richemont 1,262 19 Credit Suisse Group * 2,845 68 Givaudan 20 8 Holcim 50 9 iShares MSCI Switzerland (USD) 500 6 Lonza Group 124 8 Nestle (misc. symbol) 925 189 Nobel Biocare Holding 65 4 Novartis 6,591 260 Pargesa 3 6 Roche (Bearer shares) (misc. symbol) 77 8 Roche (Participation certificates) 1,641 104 Swatch (Bearer shares) 81 7 Swatch (Registered shares) 331 6 Swiss Life Holding * 71 $ 4 Swiss Re 753 49 Swisscom 64 20 Syngenta * 259 13 UBS (misc. symbol) 2,934 139 Zurich Financial Services 333 35 Total Switzerland (Cost $1,160) 1,001 UNITED KINGDOM 26.7% Common Stocks 26.7% 3i Group 1,298 10 Abbey National 3,405 24 Aegis 2,116 2 Alliance & Leicester 1,081 14 Alliance Trust 165 6 Allied Domecq 2,631 15 Amvescap 1,786 10 Anglo American 3,432 49 Arm * 2,383 2 Associated British Foods 955 8 AstraZeneca 4,052 159 Aviva 5,261 37 AWG * 670 6 Barclays 15,361 106 BBA 1,736 5 BG Group 8,109 32 BHP Billiton 5,693 29 BOC 1,159 15 Boots Group 1,815 17 BP 52,606 334 BPB 819 4 Brambles 1,673 5 British Aerospace 7,142 15 British Airport Authorities 2,445 19 British Airways * 824 2 British America Tobacco 3,789 36 British Land 1,123 7 British Sky Broadcast * 3,430 $ 36 BT Group 19,899 57 Bunzl 1,351 10 Cable & Wireless 6,199 7 Cadbury Schweppes 4,875 27 Capita 1,552 6 Carlton Communications 1,100 2 Carnival 483 12 Centrica 9,726 26 Chubb 1,700 2 Compass 5,308 24 Corus * 5,396 1 Daily Mail & General Trust 635 6 Diageo 7,393 82 Dixons 4,398 8 Edinburgh Investment Trust 1,446 6 Electrocomponents 1,089 5 EMAP 561 7 EMI 1,419 3 Exel 807 8 FKI 2,503 3 Foreign and Colonial Investment Trust 2,732 7 Gallaher 1,559 15 GKN 1,795 6 GlaxoSmithKline 14,184 285 Granada 6,673 7 GUS 2,550 24 Hammerson 696 5 Hanson 1,551 9 Hays 3,578 5 HBOS 8,845 104 Hilton Group 3,695 9 HSBC Holdings 25,574 280 Imperial Chemical 2,398 5 Imperial Tobacco Group 1,710 29 InterContinental Hotels * 1,895 12 International Power * 2,252 4 Investec 141 $ 2 Invesys 6,467 2 iShares MSCI United Kingdom (USD) 2,700 33 J. Sainsbury 3,212 12 Johnson Matthey 524 7 Kingfisher 6,118 24 Land Securities Group 1,086 13 Legal & General Group 14,624 18 Lloyds TSB 13,081 86 LogicaCMG 2,100 4 Lonmin 305 3 Marks & Spencer Group 5,143 24 Matalan 423 1 Misys 2,049 6 Mitchells & Butler * 1,895 6 mm02 * 18,465 16 National Grid Group 7,143 47 Next 681 10 Northern Rock 937 11 Nycomed Amersham 1,663 12 Old Mutual 8,098 12 Pearson 1,780 15 Peninsular & Oriental Steam Navigation 2,273 7 Premier Farnell 1,283 4 Provident Financial 439 4 Prudential 4,553 28 Rank 1,222 5 Reckitt Benckiser 1,639 29 Reed Elsevier 2,894 23 Rentokil Initial 4,408 13 Reuters 3,010 7 Rexam 1,648 10 Rio Tinto 2,520 48 RMC 624 4 Rolls Royce 3,960 6 Royal & Sun Alliance 3,446 6 Royal Bank of Scotland 6,793 178 SABM 2,172 $ 15 Safeway 2,517 11 Sage Group 3,116 7 Schroders 323 3 Schroders (Non-Voting Shares) 88 1 Scottish & Newcastle 1,829 10 Scottish & Southern Energy 1,854 19 Scottish Mortgage & Trust 610 3 Scottish Power 4,082 25 Severn Trent 879 10 Shell Transport & Trading 22,792 137 Shire Pharmaceuticals * 1,227 8 Slough Estates 1,151 6 Smith & Nephew 2,034 14 Smiths 1,304 14 Spirent 2,990 1 Standard Chartered 2,715 30 Tate & Lyle 957 5 Tesco 16,433 52 TI Automotive * 270 0 Tomkins 1,906 6 Unilever 6,808 67 United Business Media 1,909 8 United Utilities 1,562 15 Vodafone 152,091 300 Vodafone ADR (USD) 700 14 WH Smith 482 2 Whitbread 611 6 Witan Investment Trust 1,452 6 Wolseley 1,423 14 WPP Group 2,551 18 Total United Kingdom (Cost $4,292) 3,675 UNITED STATES 0.0% Money Market Funds 0.0% T. Rowe Price Reserve Investment Fund, 1.30% # 1,000 $ 1 Total United States (Cost $1) 1 SECURITIES LENDING COLLATERAL 9.2% Money Market Pooled Account 9.2% Investments in money market pooled account managed by JPMorgan Chase Bank, London 1,268,882 $ 1,269 Total Securities Lending Collateral (Cost $1,269) 1,269 Total Investments in Securities 109.1% of Net Assets (Cost $17,911) $ 15,015 Other Assets Less Liabilities Including $1,269 obligation to return securities lending collateral (1,261) NET ASSETS $ 13,754 --------------- Net Assets Consist of: Undistributed net investment income (loss) $ 125 Undistributed net realized gain (loss) (689) Net unrealized gain (loss) (2,894) Paid-in-capital applicable to 2,041,640 shares of $0.01 par value capital stock outstanding; 1,000,000,000 shares of the Corporation authorized 17,212 NET ASSETS $ 13,754 --------------- NET ASSET VALUE PER SHARE $ 6.74 --------------- # Seven-day yield * Non-income producing (misc. symbol) All or a portion of this security is on loan at April 30, 2003 - See Note 2 ADR American Depository Receipts AUD Australian dollar DKK Danish krone EUR Euro HKD Hong Kong dollar USD United States dollar The accompanying notes are an integral part of these financial statements. T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) Statement of Operations - -------------------------------------------------------------------------------- In thousands 6 Months Ended 4/30/03 - -------------------------------------------------------------------------------- Investment Income (Loss) Income Dividend (net of foreign taxes of $22) $ 165 Securities lending 2 Total income 167 Investment management and administrative expense 31 Net investment income (loss) 136 Realized and Unrealized Gain (Loss) Net realized gain (loss) Securities (273) Foreign currency transactions (1) Net realized gain (loss) (274) Change in net unrealized gain (loss) Securities 492 Other assets and liabilities denominated in foreign currencies 1 Change in net unrealized gain (loss) 493 Net realized and unrealized gain (loss) 219 INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS $ 355 - -------------------------------------------------------------------------------- The accompanying notes are an integral part of these financial statements. T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) Statement of Changes in Net Assets - -------------------------------------------------------------------------------- In thousands 6 Months Year Ended Ended 4/30/03 10/31/02 - -------------------------------------------------------------------------------- Increase (Decrease) in Net Assets Operations Net investment income (loss) $ 136 $ 166 Net realized gain (loss) (274) (286) Change in net unrealized gain (loss) 493 (1,672) Increase (decrease) in net assets from operations 355 (1,792) Distributions to shareholders Net investment income (173) (70) Capital share transactions* Shares sold 3,363 8,473 Distributions reinvested 133 39 Shares redeemed (1,955) (2,122) Redemption fees -- 1 Increase (decrease) in net assets from capital share transactions 1,541 6,391 Net Assets Increase (decrease) during period 1,723 4,529 Beginning of period 12,031 7,502 End of period $ 13,754 $ 12,031 --------------- --------------- *Share information Shares sold 515 1,113 Distributions reinvested 21 5 Shares redeemed (294) (282) Increase (decrease) in shares outstanding 242 836 The accompanying notes are an integral part of these financial statements. T. Rowe Price International Equity Index Fund - -------------------------------------------------------------------------------- Certified Financials (Unaudited) April 30, 2003 Notes to Financial Statements - -------------------------------------------------------------------------------- NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES T. Rowe Price International Equity Index Fund, Inc. (the corporation) is registered under the Investment Company Act of 1940 (the 1940 Act). The International Equity Index Fund (the fund), a diversified, open-end management investment company, is one of the portfolios established by the corporation and commenced operations on November 30, 2000. The fund seeks to provide long-term capital growth, using the FTSE International Limited Developed ex North America Index. The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, which require the use of estimates made by fund management. Valuation Investments are valued at the close of the New York Stock Exchange (NYSE), normally 4 p.m. ET, each day that the NYSE is open for business. Equity securities listed or regularly traded on a securities exchange or in the over-the-counter market are valued at the last quoted sale price, or official closing price for certain markets, at the time the valuations are made. A security that is listed or traded on more than one exchange is valued at the quotation on the exchange determined to be the primary market for such security. Listed securities not traded on a particular day are valued at the mean of the latest bid and ask prices for domestic securities and the last quoted sale price for international securities. Investments in mutual funds are valued at the closing net asset value per share of the mutual fund on the day of valuation. Other investments and those for which the above valuation procedures are inappropriate or are deemed not to reflect fair value are stated at fair value as determined in good faith by or under the supervision of the officers of the fund, as authorized by the Board of Directors. Most foreign markets close before the NYSE. Developments that could affect the values of securities that occur between the close of a foreign market and the close of the NYSE normally will not be reflected in security valuations. However, if such developments are so significant that they will, in the judgment of the officers of the fund, clearly and materially affect the value of securities, the previous closing prices may be adjusted to reflect the fair value of the securities as of the close of the NYSE, as determined in good faith by or under the supervision of the officers of the fund, as authorized by the Board of Directors. Currency Translation Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate, using the mean of the bid and ask prices of such currencies against U.S. dollars as quoted by a major bank. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on realized and unrealized security gains and losses is reflected as a component of such gains and losses. Redemption Fee A 1% fee is assessed on redemptions of fund shares held less than 6 months. Such fees are deducted from redemption proceeds and retained by the fund, and have the primary effect of increasing paid-in capital. Other Income and expenses are recorded on the accrual basis. Investment transactions are accounted for on the trade date. Realized gains and losses are reported on the identified cost basis. Dividend income and distributions to shareholders are recorded by the fund on the ex-dividend date. NOTE 2 - INVESTMENT TRANSACTIONS Consistent with its investment objective, the fund engages in the following practices to manage exposure to certain risks or enhance performance. The investment objective, policies, program, and risk factors of the fund are described more fully in the fund's prospectus and Statement of Additional Information. Securities Lending The fund lends its securities to approved brokers to earn additional income. It receives as collateral cash and U.S. government securities valued at 102% to 105% of the value of the securities on loan. Cash collateral is invested in a money market pooled account managed by the fund's lending agent in accordance with investment guidelines approved by fund management. Collateral is maintained over the life of the loan in an amount not less than the value of loaned securities, as determined at the close of fund business each day; any additional collateral required due to changes in security values is delivered to the fund the next business day. Although risk is mitigated by the collateral, the fund could experience a delay in recovering its securities and a possible loss of income or value if the borrower fails to return the securities. Securities lending revenue recognized by the fund consists of earnings on invested collateral and borrowing fees, net of any rebates to the borrower and compensation to the lending agent. At April 30, 2003, the value of loaned securities was $1,229,000; aggregate collateral consisted of $1,269,000 in the money market pooled account and U.S. government securities valued at $14,000. Other Purchases and sales of portfolio securities, other than short-term securities, aggregated $4,487,000 and $2,985,000, respectively, for the six months ended April 30, 2003. NOTE 3 - FEDERAL INCOME TAXES No provision for federal income taxes is required since the fund intends to continue to qualify as a regulated investment company and distribute to shareholders all of its taxable income and gains. Federal income tax regulations differ from generally accepted accounting principles; therefore, distributions determined in accordance with tax regulations may differ in amount or character from net investment income and realized gains for financial reporting purposes. Financial reporting records are adjusted for permanent book/tax differences to reflect tax character. Temporary differences are not adjusted. The amount and character of tax-basis distributions and composition of net assets are finalized at fiscal year-end; accordingly, tax-basis balances have not been determined as of April 30, 2003. The fund intends to retain realized gains to the extent of available capital loss carryforwards. As of October 31, 2002, the fund had $414,000 of unused capital loss carryforwards, of which $125,000 expire in 2009, and $289,000 expire in 2010. At April 30, 2003, the cost of investments for federal income tax purposes was substantially the same as for financial reporting and totaled $17,911,000. Net unrealized loss aggregated $2,894,000 at period-end, of which $524,000 related to appreciated investments and $3,418,000 related to depreciated investments. NOTE 4 - FOREIGN TAXES The fund is subject to foreign income taxes imposed by certain countries in which it invests. Foreign income taxes are accrued by the fund as a reduction of income. NOTE 5 - RELATED PARTY TRANSACTIONS The fund is managed by T. Rowe Price International, Inc. (the manager), a wholly owned subsidiary of T. Rowe Price Associates, Inc. (Price Associates), which is wholly owned by T. Rowe Price Group, Inc. The investment management and administrative agreement betwee the fund and the manager provides for an all-inclusive annual fee equal to 0.50% of the fund's average daily net assets. The fee is computed daily and paid monthly. The agreement provides that investment management, shareholder servicing, transfer agency, accounting, and custody services are provided to the fund, and interest, taxes, brokerage commissions, directors' fees and expenses, and extraordinary expenses are paid directly by the fund. At April 30, 2003, $13,000 was payable under the agreement. The fund may invest in the T. Rowe Price Reserve Investment Fund and T. Rowe Price Government Reserve Investment Fund (collectively, the Reserve Funds), open-end management investment companies managed by Price Associates. The Reserve Funds are offered as cash management options only to mutual funds, trusts, and other accounts managed by Price Associates and/or its affiliates, and are not available to the public. The Reserve Funds pay no investment management fees. Item 9. Controls and Procedures (a) The registrant's Principal Executive Officer and Principal Financial Officer have evaluated the registrant's disclosure controls and procedures within 90 days of this filing and have concluded that the registrant's disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-CSR was recorded, processed, summarized, and reported timely. (b) At the date of filing this Form N-CSR, the registrant's Principal Executive Officer and Principal Financial Officer are aware of no significant changes in the registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. T. Rowe Price International Index Fund, Inc. By /s/ James S. Riepe James S. Riepe Principal Executive Officer Date June 12, 2003 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By /s/ James S. Riepe James S. Riepe Principal Executive Officer Date June 12, 2003 By /s/ Joseph A. Carrier Joseph A. Carrier Principal Financial Officer Date June 12, 2003 EX-99.CERT 3 ixfcertifications.txt T. ROWE PRICE INT'L EQUITY INDEX FUND 04-30-03 CERTIFICATIONS I, James S. Riepe, certify that: 1. I have reviewed this report on Form N-CSR of T. Rowe Price International Equity Index Fund; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act of 1940) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: June 12, 2003 /s/ James S. Riepe James S. Riepe Principal Executive Officer CERTIFICATIONS I, Joseph A. Carrier, certify that: 1. I have reviewed this report on Form N-CSR of T. Rowe Price International Equity Index Fund; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act of 1940) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: June 12, 2003 /s/ Joseph A. Carrier Joseph A. Carrier Principal Financial Officer CERTIFICATION UNDER SECTION 906 OF SARBANES-OXLEY ACT OF 2002 Name of Issuer: T. Rowe Price International Equity Index Fund In connection with the Report on Form N-CSR for the above named issuer, the undersigned hereby certifies, to the best of his knowledge, that: 1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; 2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Issuer. Date: June 12, 2003 /s/ James S. Riepe James S. Riepe Principal Executive Officer Date: June 12, 2003 /s/ Joseph A. Carrier Joseph A. Carrier Principal Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----