<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>3
<FILENAME>icletter.txt
<TEXT>

Report of Independent Accountants

To the Board of Directors and Shareholders
of The Chile Fund, Inc.


In planning and performing our audit of the
financial statements of The Chile Fund, Inc.
(the "Fund") for the year ended December 31,
2002, 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 the Fund 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 controls may become
inadequate because of changes in conditions or
that the effectiveness of their 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 December 31, 2002.

This report is intended solely for the information
and use of the Board of Directors, management and
the Securities and Exchange Commission and is not
intended to be and should not be used by anyone
other than these specified parties.


PricewaterhouseCoopers, LLP
Philadelphia, PA
February 24, 2003
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