CONSENT OF INDEPENDENT ACCOUNTANTS




We hereby consent to the incorporation by reference in the Prospectus and
Statement of Additional Information constituting parts of this Post-Effective
Amendment No. 16 to the registration statement on Form N-1A (the "Registration
Statement") of our report dated November 19, 2002, relating to the financial
statements and financial highlights appearing in the October 31, 2002 Annual
Report to Shareholders of T. Rowe Price Institutional Foreign Equity Fund, one of the
portfolios comprising T. Rowe Price Institutional International Funds, Inc., which is
incorporated by reference into the Registration Statement. We also consent to
the references to us under the heading "Financial Highlights" in the Prospectus
and under the heading "Independent Accountants" in the Statement of
Additional Information.



/s/PRICEWATERHOUSECOOPERS LLP
PricewaterhouseCoopers LLP
Baltimore, Maryland
February 24, 2003