Sub-item 77Q3

(a)(i) The Chief Executive and Financial Officers concluded that the
Registrant's Disclosure Controls and Procedures are effective based on the
evaluation of the Disclosure Controls and Procedures as of a date within 90 days
of the filing date of this report.

(a)(ii) Management, in response to an issue it identified in connection with a
report concerning a different registrant in the Scudder complex, has discussed
with the Audit Committee and the Fund's auditors that management is instituting
additional procedures to enhance its internal controls including procedures to
provide additional assistance that the internal controls operate as designed.