<DOCUMENT>
<TYPE>EX-99.77K CHNG ACCNT
<SEQUENCE>5
<FILENAME>k.txt
<TEXT>
Sub-Item 77K

Cornerstone Strategic Value Fund, Inc.


The Proxy Statement on Submission Type 497 for Cornerstone
Strategic Value Fund, Inc.  (accession number 0000909012-02-000725),
is incorporated by reference to the Definitive Proxy Statement for
such fund filed with the Securities and Exchange Commission on
September 25, 2002.


</TEXT>
</DOCUMENT>
