RNS Number:3869S
Amerindo Internet Fund PLC
21 November 2003

AMERINDO INTERNET FUND PLC (the "Company")

MONTHLY DISCLOSURE OF PORTFOLIO DATA



The Company hereby announces its portfolio data for the month ended 31 October
2003:



(1) Net asset value and market capitalisation

Net asset value ("NAV") as at 31 October 2003:          18.01p (30.57 US cents)

Market capitalisation:                                  #58,000,029



(2) Composition of the portfolio

Sector weightings (as a percentage of NAV*):
Quoted holdings             Consumer                                      25.6%
                            Capital spending                               3.9%
                            Healthcare                                     8.6%

                                                                         ______
                                                                          38.1%

Unquoted holdings*          Consumer                                       0.9%
                            Capital spending                              17.9%
                            Healthcare                                     0.8%

                                                                         ______
                                                                          19.6%

Cash                                                                      42.3%
Debt                                                                          -
                                                                         ______

                                                                           100%

* at 31 October carrying value

 i. Top 5 holdings (as a percentage of NAV):
    Yahoo! Inc.                                                           11.35%
    eBay Inc.                                                              8.92%
    Gilead Sciences                                                        4.46%
    Amazon.com                                                             3.25%
    TellMe Inc.**                                                          2.94%


                                                                          ______

    Total                                                                  30.92

    **at 31 October carrying value


ii. Segmented portfolio total return (%)

                                                  Rolling               Rolling
                                                  6 month              12 month
Quoted holdings US$                               + 26.7%              + 103.5%
Unquoted holdings US$                             - 11.5%               - 37.5%



(iii) NAV performance (%)
Combined US$                                       16.41%                36.96%
Combined #                                          9.62%                26.21%



21 NOVEMBER 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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