RNS Number:5797T
Amerindo Internet Fund PLC
22 December 2003

AMERINDO INTERNET FUND PLC (the "Company")

MONTHLY DISCLOSURE OF PORTFOLIO DATA

The Company hereby announces its portfolio data for the month ended 30 November
2003:

(1) Net asset value and market capitalisation

Net asset value ("NAV") as at 30 November 2003: 17.29p (29.74 US cents)

Market capitalisation: #58,000,029

(2) Composition of the portfolio

Sector weightings (as a percentage of NAV*):
Quoted holdings             Consumer                                    25.82%
                            Capital spending                             4.11%
                            Healthcare                                   9.31%

                                                                        ______
                                                                        39.24%

Unquoted holdings*          Consumer                                     0.88%
                            Capital spending                            15.56%
                            Healthcare                                   0.77%

                                                                        ______
                                                                        17.21%

Cash                                                                    43.55%
Debt                                                                         -
                                                                        ______

                                                                          100%



* at 30 November 2003 carrying value

 i. Top 5 holdings (as a percentage of NAV):
    Yahoo! Inc.                                                           11.47%
    eBay Inc.                                                              9.15%
    Gilead Sciences                                                        4.93%
    Amazon.com                                                             3.32%
    WebMD                                                                  3.18%


                                                                         _______

    Total                                                                 32.05%


ii. Segmented portfolio total return (%)

                                                  Rolling               Rolling
                                                  6 month              12 month
Quoted holdings US$                                10.53%                72.42%
Unquoted holdings US$                             -18.80%               -45.02%



(iii) NAV performance (%)
Combined US$                                          0.27%                19.20%
Combined #                                           -4.48%                 7.79%



22 DECEMBER 2003


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