<DOCUMENT>
<TYPE>EX-99.77Q3 CERT
<SEQUENCE>5
<FILENAME>qthree.txt
<TEXT>
SUB-ITEM 77Q3
(a)(i):	The Principal Executive Officer and Principal Financial
Officer concluded that the registrant's Disclosure Controls and
Procedures are effective based on their evaluation of the
Disclosure Controls and Procedures as of a date within 90 days
of the filing date of this report.

(a)(ii):  There were no significant changes in registrant's
internal controls or in other factors that could significantly
affect these controls subsequent to the date of their
evaluation, including any corrective actions with regard to
significant deficiencies and material weaknesses.

(a)(iii):

CERTIFICATIONS
I, Michael A. Pignataro, certify that:
1. I have reviewed this report on Form N-SAR of The Chile
Fund, Inc.;
2. Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light
of the circumstances under which such statements were made,
not misleading with respect to the period covered by this
report;
3. Based on my knowledge, the financial information included
in this report, and the financial statements on which the
financial information is based, fairly present in all material
respects the financial condition, results of operations,
changes in net assets, and cash flows (if the financial
statements are required to include a statement of cash flows)
of the registrant as of, and for, the periods presented in this
report;
4. The registrant's other certifying officer and I are
responsible for establishing and maintaining disclosure
controls and procedures (as defined in rule 30a-2(c) under
the Investment Company Act) for the registrant and have:
a)   designed such disclosure controls and procedures to ensure
that material information relating to the registrant, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
this report is being prepared;
b)   evaluated the effectiveness of the registrant's disclosure
controls and procedures as of a date within 90 days prior to
the filing date of this report (the "Evaluation Date"); and
c)   presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures based
on our evaluation as of the Evaluation Date;
5. The registrant's other certifying officer and I have
disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the
equivalent functions):
a)   all significant deficiencies in the design or operation
of internal controls which could adversely affect the
registrant's ability to record, process, summarize, and report
financial data and have identified for the registrant's
auditors any material weakness in internal controls; and
b)   any fraud, whether or not material, that involves
management or other employees who have a significant role in
the registrant's internal controls; and
6. The registrant's other certifying officer and I have
indicated in this report whether or not there were
significant changes in internal controls or in other
factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant
deficiencies and material weaknesses.

Date:  February 28, 2003

/s/ Michael A. Pignataro
Michael A. Pignataro
Chief Financial Officer
and Secretary

SUB-ITEM 77Q3

CERTIFICATIONS
I, Laurence R. Smith, certify that:
1. I have reviewed this report on Form N-SAR of The Chile
Fund, Inc.;
2. Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in
light of the circumstances under which such statements were
made, not misleading with respect to the period covered by
this report;
3. Based on my knowledge, the financial information included
in this report, and the financial statements on which the
financial information is based, fairly present in all
material respects the financial condition, results of
operations, changes in net assets, and cash flows (if
the financial statements are required to include a
statement of cash flows) of the registrant as of, and
for, the periods presented in this report;
4. The registrant's other certifying officer and I are
responsible for establishing and maintaining disclosure
controls and procedures (as defined in rule 30a-2(c) under
the Investment Company Act) for the registrant and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrant,
including its consolidated subsidiaries, is made known to
us by others within those entities, particularly during
the period in which this report is being prepared;
b) evaluated the effectiveness of the registrant's disclosure
controls and procedures as of a date within 90 days prior
to the filing date of this report (the "Evaluation Date");
and
c) presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures based
on our evaluation as of the Evaluation Date;
5. The registrant's other certifying officer and I have
disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the
equivalent functions):
a) all significant deficiencies in the design or operation
of internal controls which could adversely affect the
registrant's ability to record, process, summarize, and
report financial data and have identified for the
registrant's auditors any material weakness in internal
controls; and
b) any fraud, whether or not material, that involves
management or other employees who have a significant role in
the registrant's internal controls; and
6. The registrant's other certifying officer and I have
indicated in this report whether or not there were
significant changes in internal controls or in other factors
that could significantly affect internal controls subsequent
to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies
and material weaknesses.

Date:  February 28, 2003

/s/ Laurence R. Smith
Laurence R. Smith
Chief Executive Officer





1161730.1



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