RESULTS OF SPECIAL MEETING OF SHAREHOLDERS (UNAUDITED)


On October 10, 2000, the special meeting of shareholders of The Latin
America Investment Fund, Inc. (the "Fund") was held and the following
matters were voted upon:

(1) To approve the Merger Agreement and Plan of Reorganization
whereby The Latin America Equity Fund, Inc. will merge with and
into the Fund.
For
Against
Abstain
Non-Votes
3,450,281
411,828
20,891
2,367,239

(2) To approve changes in the Fund's investment objective and
fundamental investment policy from investing primarily in Latin
American debt and equity securities to investing, under normal
conditions, substantially all, and at least 80%, of its total assets
in Latin American equity securities.

For
Against
Abstain
Non-Votes
3,399,270
452,785
30,945
2,367,239

(3) To approve a new investment advisory agreement with Credit
Suisse Asset management, LLC.

For
Against
Abstain
Non-Votes
3,277,694
488,807
116,499
2,367,239

(4) To approve a new investment sub-advisory agreement with Celfin
Servicios Financieros S.A.

For
Against
Abstain
Non-Votes
3,297,004
469,163
116,833
2,367,239