CONSENT OF INDEPENDENT ACCOUNTANTS


We hereby consent to the use in this Registration Statement on Form N-1A of our
report dated January 31, 2003, relating to the financial statements and
financial highlights of The Investment Company of America, which appear in such
Registration Statement. We also consent to the references to us under the
headings "Financial Highlights", "Independent Accountants" and "Prospectuses,
Reports to Shareholders and Proxy Statement" in such Registration Statement.


PricewaterhouseCoopers LLP
Los Angeles, California
February 27, 2003