-----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, LXvWjt8aYwmqSLZvEF1tctfpOmCCGfuDh94KS7JGEZplNYDfMt8iJTTHeLXQ2+qA wjtOAwBg4jS9vp7NSANVpQ== 0001041062-98-000110.txt : 19980430 0001041062-98-000110.hdr.sgml : 19980430 ACCESSION NUMBER: 0001041062-98-000110 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 7 CONFORMED PERIOD OF REPORT: 19980228 FILED AS OF DATE: 19980428 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEI INTERNATIONAL TRUST CENTRAL INDEX KEY: 0000835597 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: SEC FILE NUMBER: 811-05601 FILM NUMBER: 98603106 BUSINESS ADDRESS: STREET 1: 2 OLIVER ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8003425734 MAIL ADDRESS: STREET 2: 530 E SWEDESFORD RD CITY: WAYNE STATE: PA ZIP: 19087-1693 FORMER COMPANY: FORMER CONFORMED NAME: SEI WEALTH MANAGEMENT TRUST DATE OF NAME CHANGE: 19900129 NSAR-B 1 N-SAR (3.0.A) PAGE 1 000 B000000 02/28/98 000 C000000 0000835597 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 3.0.a 000 J000000 U 001 A000000 SEI INSTITUTIONAL INTERNATIONAL TRUST 001 B000000 811-5601 001 C000000 8003425734 002 A000000 2 OLIVER STREET 002 B000000 BOSTON 002 C000000 MA 002 D010000 02109 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 4 007 C010100 1 007 C020100 INTERNATIONAL EQUITY PORTFOLIO 007 C030100 N 007 C010200 2 007 C020200 INTERNATIONAL FIXED INCOME PORTFOLIO 007 C030200 N 007 C010300 3 007 C010400 4 007 C010500 5 007 C020500 EMERGING MARKETS EQUITY PORTFOLIO 007 C030500 N 007 C010600 6 007 C020600 EMERGING MARKETS DEBT PORTFOLIO 007 C030600 N 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 020 A000001 ROBERT FLEMING 020 C000001 5174 020 A000002 NATIONAL WESTMINSTER 020 C000002 4650 020 A000003 UNION BANK OF SWITZERLAND 020 C000003 3282 020 A000004 JAMES CAPEL 020 C000004 1969 020 A000005 WARBURG 020 C000005 1294 020 A000006 MERRILL LYNCH PAGE 2 020 C000006 1201 020 A000007 WAKO SECURITIES 020 C000007 433 020 A000008 ING BARING 020 C000008 276 020 A000009 JP MORGAN 020 C000009 153 020 A000010 YAMAICHI 020 C000010 129 021 000000 18561 022 A000001 STATE STREET BANK 022 C000001 3053697 022 D000001 0 022 A000002 MERRILL LYNCH 022 C000002 456724 022 D000002 381625 022 A000003 JP MORGAN 022 C000003 296973 022 D000003 204439 022 A000004 GOLDMAN SACHS 022 C000004 239338 022 D000004 191760 022 A000005 LEHMAN BROTHERS 022 C000005 137956 022 D000005 128524 022 A000006 MORGAN STANLEY 022 C000006 132965 022 D000006 28271 022 A000007 GREENWICH CAPITAL 022 C000007 80889 022 D000007 35191 022 A000008 SALOMON BROTHERS 022 C000008 46348 022 D000008 30917 022 A000009 WARBURG 022 C000009 45304 022 D000009 30058 022 A000010 BANK OF BOSTON 022 C000010 56259 022 D000010 16547 023 C000000 4546453 023 D000000 1047332 077 A000000 Y 077 B000000 Y 080 A00AA00 CONTINENTAL CASUALTY COMPANY 080 B00AA00 RELIANCE INSURANCE COMPANY 080 C00AA00 35000 081 A00AA00 Y 081 B00AA00 277 082 A00AA00 Y 082 B00AA00 50 PAGE 3 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 028 A010100 38939 028 A020100 0 028 A030100 0 028 A040100 14440 028 B010100 40053 028 B020100 0 028 B030100 0 028 B040100 11118 028 C010100 38492 028 C020100 12757 028 C030100 0 028 C040100 18734 028 D010100 53661 028 D020100 3648 028 D030100 0 028 D040100 28266 028 E010100 62013 028 E020100 9567 028 E030100 0 028 E040100 19164 028 F010100 50322 028 F020100 0 028 F030100 0 028 F040100 29053 028 G010100 283480 028 G020100 25972 028 G030100 0 028 G040100 120775 028 H000100 1 062 A000100 N 062 B000100 0.0 062 C000100 0.0 062 D000100 0.0 062 E000100 0.0 062 F000100 0.0 062 G000100 0.0 062 H000100 0.0 062 I000100 0.0 062 J000100 0.0 062 K000100 0.0 062 L000100 0.0 062 M000100 0.0 062 N000100 0.0 062 O000100 0.0 062 P000100 0.0 PAGE 4 062 Q000100 0.0 062 R000100 0.0 070 A010100 Y 070 A020100 Y 070 B010100 Y 070 B020100 N 070 C010100 N 070 C020100 N 070 D010100 Y 070 D020100 N 070 E010100 N 070 E020100 N 070 F010100 Y 070 F020100 Y 070 G010100 Y 070 G020100 N 070 H010100 Y 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 N 070 J020100 N 070 K010100 Y 070 K020100 N 070 L010100 Y 070 L020100 Y 070 M010100 Y 070 M020100 Y 070 N010100 Y 070 N020100 N 070 O010100 Y 070 O020100 N 070 P010100 N 070 P020100 N 070 Q010100 N 070 Q020100 N 070 R010100 Y 070 R020100 N 071 A000100 670294 071 B000100 464038 071 C000100 619678 071 D000100 75 072 A000100 12 072 B000100 2138 072 C000100 14544 072 D000100 0 072 E000100 0 072 F000100 3338 072 G000100 2975 072 H000100 0 072 I000100 1652 PAGE 5 072 J000100 466 072 K000100 0 072 L000100 7 072 M000100 28 072 N000100 113 072 O000100 0 072 P000100 0 072 Q000100 0 072 R000100 26 072 S000100 -13 072 T000100 1 072 U000100 0 072 V000100 0 072 W000100 26 072 X000100 8619 072 Y000100 619 072 Z000100 8682 072AA000100 0 072BB000100 5416 072CC010100 54881 072CC020100 0 072DD010100 13649 072DD020100 4 072EE000100 19570 073 A010100 0.1819 073 A020100 0.1591 073 B000100 0.2744 073 C000100 0.0000 074 A000100 7181 074 B000100 76778 074 C000100 5213 074 D000100 0 074 E000100 2894 074 F000100 753404 074 G000100 0 074 H000100 0 074 I000100 0 074 J000100 9739 074 K000100 0 074 L000100 2730 074 M000100 9 074 N000100 857948 074 O000100 5188 074 P000100 0 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 916 074 S000100 0 074 T000100 851844 PAGE 6 074 U010100 83908 074 U020100 29 074 V010100 10.15 074 V020100 10.06 074 W000100 0.0000 074 X000100 424 074 Y000100 313 075 A000100 0 075 B000100 661094 076 000100 0.00 028 A010200 22552 028 A020200 0 028 A030200 0 028 A040200 5197 028 B010200 13442 028 B020200 0 028 B030200 0 028 B040200 13533 028 C010200 12017 028 C020200 0 028 C030200 0 028 C040200 12887 028 D010200 22233 028 D020200 2684 028 D030200 0 028 D040200 6642 028 E010200 50616 028 E020200 2621 028 E030200 0 028 E040200 13170 028 F010200 289850 028 F020200 5306 028 F030200 0 028 F040200 81143 028 G010200 410710 028 G020200 10611 028 G030200 0 028 G040200 132572 028 H000200 0 062 A000200 Y 062 B000200 1.2 062 C000200 0.0 062 D000200 0.1 062 E000200 0.0 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 PAGE 7 062 M000200 6.5 062 N000200 0.0 062 O000200 0.0 062 P000200 0.0 062 Q000200 93.5 062 R000200 0.0 063 A000200 0 063 B000200 8.1 064 A000200 N 064 B000200 N 070 A010200 Y 070 A020200 Y 070 B010200 Y 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 Y 070 D020200 N 070 E010200 N 070 E020200 N 070 F010200 N 070 F020200 N 070 G010200 Y 070 G020200 N 070 H010200 Y 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 N 070 J020200 N 070 K010200 N 070 K020200 N 070 L010200 Y 070 L020200 Y 070 M010200 Y 070 M020200 Y 070 N010200 N 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 N 070 P020200 N 070 Q010200 N 070 Q020200 N 070 R010200 Y 070 R020200 N 071 A000200 986704 071 B000200 757015 071 C000200 269972 071 D000200 280 072 A000200 12 PAGE 8 072 B000200 14725 072 C000200 0 072 D000200 0 072 E000200 0 072 F000200 898 072 G000200 1795 072 H000200 0 072 I000200 748 072 J000200 144 072 K000200 0 072 L000200 9 072 M000200 12 072 N000200 62 072 O000200 0 072 P000200 0 072 Q000200 0 072 R000200 13 072 S000200 -2 072 T000200 0 072 U000200 6 072 V000200 0 072 W000200 19 072 X000200 3704 072 Y000200 701 072 Z000200 11722 072AA000200 0 072BB000200 6025 072CC010200 6017 072CC020200 0 072DD010200 2928 072DD020200 0 072EE000200 121 073 A010200 0.0895 073 A020200 0.0000 073 B000200 0.0969 073 C000200 0.0000 074 A000200 33 074 B000200 492 074 C000200 5041 074 D000200 389375 074 E000200 0 074 F000200 0 074 G000200 0 074 H000200 0 074 I000200 0 074 J000200 14016 074 K000200 0 074 L000200 13136 074 M000200 67 074 N000200 422160 074 O000200 11180 PAGE 9 074 P000200 0 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 2006 074 S000200 0 074 T000200 408974 074 U010200 38285 074 U020200 0 074 V010200 10.68 074 V020200 0.00 074 W000200 0.0000 074 X000200 275 074 Y000200 0 075 A000200 0 075 B000200 299180 076 000200 0.00 008 A000501 SEI FINANCIAL MANAGEMENT CORPORATION 008 B000501 A 008 C000501 801-24593 008 D010501 WAYNE 008 D020501 PA 008 D030501 19087 008 A000502 MONTGOMERY ASSET MANAGEMENT 008 B000502 S 008 C000502 801-36790 008 D010502 SAN FRANCISCO 008 D020502 CA 008 D030502 94111 008 A000503 YAMAICHI CAPITAL MANAGMENT, INC 008 B000503 S 008 C000503 801-0000 008 D010503 AAA 008 D020503 PA 008 D030503 11111 008 A000504 CORONATION ASSET MANAGEMENT 008 B000504 S 008 C000504 801-0000 008 D010504 AAA 008 D020504 PA 008 D030504 11111 008 A000505 PARAMETRIC PORTFOLIO ASSOCIATES 008 B000505 S 008 C000505 801-0000 008 D010505 AAA 008 D020505 PA 008 D030505 11111 008 A000506 YAMAICHI CAPITAL MANAGEMENT (SINGAPORE) LTD 008 B000506 S 008 C000506 801-0000 PAGE 10 008 D010506 AAA 008 D020506 PA 008 D030506 11111 008 A000507 CREDIT SUISSE ASSET MANAGEMENT LIMITED 008 B000507 S 008 C000507 801-0000 008 D010507 LONDON 008 D050507 ENGLAND 008 D060507 EC3A 7JJ 028 A010500 51883 028 A020500 0 028 A030500 0 028 A040500 2277 028 B010500 33691 028 B020500 0 028 B030500 0 028 B040500 2458 028 C010500 40480 028 C020500 1122 028 C030500 0 028 C040500 5018 028 D010500 40415 028 D020500 0 028 D030500 0 028 D040500 12067 028 E010500 67297 028 E020500 0 028 E030500 0 028 E040500 5698 028 F010500 47799 028 F020500 0 028 F030500 0 028 F040500 12129 028 G010500 281565 028 G020500 1122 028 G030500 0 028 G040500 39647 028 H000500 0 062 A000500 N 062 B000500 0.0 062 C000500 0.0 062 D000500 0.0 062 E000500 0.0 062 F000500 0.0 062 G000500 0.0 062 H000500 0.0 062 I000500 0.0 062 J000500 0.0 062 K000500 0.0 062 L000500 0.0 062 M000500 0.0 PAGE 11 062 N000500 0.0 062 O000500 0.0 062 P000500 0.0 062 Q000500 0.0 062 R000500 0.0 070 A010500 Y 070 A020500 Y 070 B010500 Y 070 B020500 N 070 C010500 N 070 C020500 N 070 D010500 Y 070 D020500 N 070 E010500 N 070 E020500 N 070 F010500 Y 070 F020500 N 070 G010500 Y 070 G020500 N 070 H010500 Y 070 H020500 N 070 I010500 N 070 I020500 N 070 J010500 N 070 J020500 N 070 K010500 Y 070 K020500 Y 070 L010500 Y 070 L020500 Y 070 M010500 Y 070 M020500 Y 070 N010500 Y 070 N020500 N 070 O010500 Y 070 O020500 N 070 P010500 N 070 P020500 N 070 Q010500 N 070 Q020500 N 070 R010500 Y 070 R020500 N 071 A000500 591158 071 B000500 241869 071 C000500 318430 071 D000500 76 072 A000500 12 072 B000500 1253 072 C000500 5047 072 D000500 0 072 E000500 0 072 F000500 3522 PAGE 12 072 G000500 2180 072 H000500 0 072 I000500 839 072 J000500 1167 072 K000500 0 072 L000500 10 072 M000500 15 072 N000500 140 072 O000500 0 072 P000500 0 072 Q000500 0 072 R000500 15 072 S000500 3 072 T000500 0 072 U000500 2 072 V000500 0 072 W000500 20 072 X000500 7913 072 Y000500 1372 072 Z000500 -241 072AA000500 0 072BB000500 28680 072CC010500 0 072CC020500 38402 072DD010500 1039 072DD020500 0 072EE000500 284 073 A010500 0.0296 073 A020500 0.0000 073 B000500 0.0081 073 C000500 0.0000 074 A000500 0 074 B000500 25960 074 C000500 0 074 D000500 9705 074 E000500 37850 074 F000500 450843 074 G000500 0 074 H000500 0 074 I000500 0 074 J000500 6708 074 K000500 0 074 L000500 1341 074 M000500 5 074 N000500 532412 074 O000500 9264 074 P000500 0 074 Q000500 0 074 R010500 0 074 R020500 0 074 R030500 0 PAGE 13 074 R040500 13400 074 S000500 0 074 T000500 509748 074 U010500 48319 074 U020500 0 074 V010500 10.55 074 V020500 0.00 074 W000500 0.0000 074 X000500 270 074 Y000500 0 075 A000500 0 075 B000500 335434 076 000500 0.00 028 A010600 10729 028 A020600 0 028 A030600 0 028 A040600 314 028 B010600 38225 028 B020600 0 028 B030600 0 028 B040600 315 028 C010600 8196 028 C020600 0 028 C030600 0 028 C040600 1205 028 D010600 13201 028 D020600 0 028 D030600 0 028 D040600 3044 028 E010600 31551 028 E020600 2652 028 E030600 0 028 E040600 2820 028 F010600 160754 028 F020600 2652 028 F030600 0 028 F040600 10260 028 G010600 262656 028 G020600 5304 028 G030600 0 028 G040600 17958 028 H000600 0 029 000600 N 030 A000600 0 030 B000600 0.00 030 C000600 0.00 045 000600 Y 046 000600 N 047 000600 Y 048 000600 0.850 048 A010600 0 PAGE 14 048 A020600 0.000 048 B010600 0 048 B020600 0.000 048 C010600 0 048 C020600 0.000 048 D010600 0 048 D020600 0.000 048 E010600 0 048 E020600 0.000 048 F010600 0 048 F020600 0.000 048 G010600 0 048 G020600 0.000 048 H010600 0 048 H020600 0.000 048 I010600 0 048 I020600 0.000 048 J010600 0 048 J020600 0.000 048 K010600 0 048 K020600 0.000 062 A000600 Y 062 B000600 0.0 062 C000600 0.0 062 D000600 0.0 062 E000600 0.0 062 F000600 0.0 062 G000600 0.0 062 H000600 0.0 062 I000600 0.0 062 J000600 0.0 062 K000600 0.3 062 L000600 0.0 062 M000600 0.0 062 N000600 0.0 062 O000600 0.0 062 P000600 0.0 062 Q000600 99.7 062 R000600 0.0 063 A000600 0 063 B000600 8.3 064 A000600 N 064 B000600 N 070 A010600 Y 070 A020600 Y 070 B010600 N 070 B020600 N 070 C010600 Y 070 C020600 N 070 D010600 N 070 D020600 N PAGE 15 070 E010600 N 070 E020600 N 070 F010600 Y 070 F020600 N 070 G010600 Y 070 G020600 N 070 H010600 Y 070 H020600 N 070 I010600 N 070 I020600 N 070 J010600 N 070 J020600 N 070 K010600 N 070 K020600 N 070 L010600 Y 070 L020600 Y 070 M010600 Y 070 M020600 Y 070 N010600 Y 070 N020600 N 070 O010600 Y 070 O020600 N 070 P010600 N 070 P020600 N 070 Q010600 N 070 Q020600 N 070 R010600 Y 070 R020600 N 071 A000600 365879 071 B000600 234673 071 C000600 87240 071 D000600 269 072 A000600 9 072 B000600 5433 072 C000600 0 072 D000600 0 072 E000600 0 072 F000600 489 072 G000600 374 072 H000600 0 072 I000600 144 072 J000600 28 072 K000600 0 072 L000600 6 072 M000600 2 072 N000600 48 072 O000600 0 072 P000600 0 072 Q000600 0 072 R000600 5 072 S000600 1 PAGE 16 072 T000600 0 072 U000600 14 072 V000600 0 072 W000600 10 072 X000600 1121 072 Y000600 340 072 Z000600 4652 072AA000600 0 072BB000600 2892 072CC010600 2073 072CC020600 0 072DD010600 2694 072DD020600 0 072EE000600 0 073 A010600 0.2482 073 A020600 0.0000 073 B000600 0.0000 073 C000600 0.0000 074 A000600 38 074 B000600 0 074 C000600 1189 074 D000600 128136 074 E000600 0 074 F000600 0 074 G000600 0 074 H000600 0 074 I000600 0 074 J000600 24507 074 K000600 0 074 L000600 3654 074 M000600 52 074 N000600 157576 074 O000600 2840 074 P000600 0 074 Q000600 0 074 R010600 0 074 R020600 0 074 R030600 0 074 R040600 452 074 S000600 0 074 T000600 154284 074 U010600 14963 074 U020600 0 074 V010600 10.31 074 V020600 0.00 074 W000600 0.0000 074 X000600 102 074 Y000600 0 075 A000600 0 075 B000600 57575 076 000600 0.00 PAGE 17 SIGNATURE MARK E. NAGLE TITLE CONTROLLER EX-27 2
6 0000835597 SEI INSTITUTIONAL INTERNATIONAL TRUST 010 SEI INTERNATIONAL EQUITY CLASS A 1,000 YEAR FEB-28-1998 MAR-01-1997 FEB-28-1998 765339 838289 12469 7190 0 857948 5188 0 916 6104 0 789097 83908 54190 649 0 (16154) 0 78252 851844 14544 2138 0 (8000) 8682 (5416) 65881 69147 291681 (13649) (19564) 0 49078 (22162) 2802 327605 1310 13142 0 0 (3338) 0 (8619) 660876 9.67 .17 .77 (.18) (.28) 0 10.15 1.21 0 0

EX-27 3
6 0000835597 SEI INSTITUTIONAL INTERNATIONAL TRUST 011 INTERNATIONAL EQUITY CLASS D 1000 YEAR FEB-28-1998 MAR-01-1997 FEB-28-1998 765339 838289 12469 7190 0 857948 5188 0 916 6104 0 789097 29 19 649 0 (16154) 0 78252 851844 14544 2138 0 (8000) 8682 (5416) 65881 69147 291681 (4) (6) 0 16 (6) 1 327605 1310 13142 0 0 (3338) 0 (8619) 218 9.58 .17 .75 (.16) (.28) 0 10.06 1.46 0 0

EX-27 4
6 0000835597 SEI INSTITUTIONAL INTERNATIONAL TRUST 020 INTERNATIONAL FIXED INCOME 1000 YEAR FEB-28-1998 MAR-01-1997 FEB-28-1998 393682 394907 28099 100 0 423106 11180 0 2952 14132 0 410441 38285 19390 (1198) 0 (49) 0 (220) 408974 0 14725 0 (3003) 11722 (6025) 6017 11714 198991 (2928) (3022) 0 25735 (7344) 504 204755 (1311) 317 0 0 (898) 0 3704 299180 10.53 .23 .11 (.10) (.09) 0 10.68 1.00 0 0

EX-27 5
6 0000835597 SEI INSTITUTIONAL INTERNATIONAL TRUST 050 EMERGING MARKETS EQUITY 1000 YEAR FEB-28-1998 MAR-01-1997 FEB-28-1998 534056 524358 8049 5 0 532412 9264 0 13400 22664 0 550229 48319 17210 (2587) 0 (28069) 0 (9825) 509748 5047 1253 0 (6541) (241) (28680) (38402) (67323) 356920 (1039) (284) 0 36760 (5763) 112 288275 (385) (376) 0 0 (3522) 0 (7913) 335434 12.87 (.03) (2.25) (.03) (.01) 0 10.55 1.95 0 0

EX-27 6
6 0000835597 SEI INSTITUTIONAL INTERNATIONAL TRUST 060 EMERGING MARKETS DEBT 1000 YEAR FEB-28-1998 JUN-29-1997 FEB-28-1998 127252 129325 28161 91 0 157577 2840 0 453 3293 0 153145 14963 0 1932 0 (2866) 0 2073 154284 0 5433 0 (781) 4652 (2892) 2073 3833 153145 (2694) 0 0 15725 (1025) 263 154284 0 0 0 0 (489) 0 (1121) 86482 10 .56 0 (.25) 0 0 10.31 1.35 0 0

EX-99.77B 7 To the Shareholders and Trustees of SEI Institutional International Trust In planning and performing our audit of the financial statements of SEI Institutional International Trust, formerly SEI International Trust, for the year ended February 28, 1998, we considered its 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 SEI Institutional International Trust 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, errors 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 as of February 28, 1998. This report is intended solely for the information and use of management and Trustees of SEI Institutional International Trust and the Securities and Exchange Commission. PRICE WATERHOUSE LLP Philadelphia, PA April 24, 1998 ~~-----END PRIVACY-ENHANCED MESSAGE-----~~