Common use of SELECTED FINANCIAL INFORMATION Clause in Contracts

SELECTED FINANCIAL INFORMATION. The following table is intended to help you understand the financial performance of the Fund. This information is derived from financial and accounting records of the Fund. This information, except for the information for the six months ended May 31, 2002, as noted in the table, has been audited by PricewaterhouseCoopers LLP, the Fund's independent auditors, whose reports, along with the Fund's financial statements, are incorporated herein by reference and included in the Fund's Annual Report to Shareholders. The Annual Report may be obtained without charge, by writing to Georgeson Sharehxxxxx Xxxmunications Inc., 17 State Street, Xxx Xxxx, Xxx Xxxx 00000, xx xx xxxxxxx (866) 883-7876. (This page has been left blank intentionally.) -------------------------------------------------------------------------------- THE EMERGING MARKETS TELECOMMUNICATIONS FUND, INC. FINANCIAL HIGHLIGHTS^ -------------------------------------------------------------------------------- The following table includes per share operating performance data for a share of common stock outstanding, total investment return, ratios to average net assets and other supplemental data for each period indicated. This information has been derived from information provided in the financial statements and market price data for the Fund's shares. --------------------------------------------------------------------------------

SELECTED FINANCIAL INFORMATION. The following table is intended to help you understand the financial performance of the Fund. This information is derived from financial and accounting records of the Fund. This information, except for the information for the six months ended May 31, 20022001, as noted in the table, has been audited by PricewaterhouseCoopers LLP, the Fund's independent auditors, whose reports, along with the Fund's financial statements, are incorporated herein by reference and included in the Fund's Annual Report to Shareholders. The Annual Report may be obtained without charge, by writing to Georgeson Sharehxxxxx Xxxmunications Inc., 17 State Street, Xxx Xxxx, Xxx Xxxx 00000, xx xx xxxxxxx (866800) 883403-78767916. (This page has been left blank intentionally.) -------------------------------------------------------------------------------- THE EMERGING MARKETS TELECOMMUNICATIONS FUND, INC. FINANCIAL HIGHLIGHTS^ HIGHLIGHTS -------------------------------------------------------------------------------- The following table includes per share operating performance data for a share of common stock outstanding, total investment return, ratios to average net assets and other supplemental data for each period indicated. This information has been derived from information provided in the financial statements and market price data for the Fund's shares. --------------------------------------------------------------------------------

SELECTED FINANCIAL INFORMATION. The following table is intended to help you understand the financial performance of the Fund. This information is derived from financial and accounting records of the Fund. This information, except for the information for the six months ended May 31June 30, 2002, as noted in the table, has been audited by PricewaterhouseCoopers LLP, the Fund's independent auditors, whose reports, along with the Fund's financial statements, are incorporated herein by reference and included in the Fund's Annual Report to Shareholders. The Annual Report may be obtained without charge, by writing to Georgeson Sharehxxxxx Xxxmunications Shareholder Cxxxxxxxxxions Inc., 17 State Street, Xxx XxxxNew Yoxx, Xxx Xxxx 00000, xx xx xxxxxxx (866000) 883052-78768358. (This page has been left blank intentionally.) -------------------------------------------------------------------------------- THE EMERGING MARKETS TELECOMMUNICATIONS LATIN AMERICA EQUITY FUND, INC. FINANCIAL HIGHLIGHTS^ -------------------------------------------------------------------------------- The following table includes per share operating performance data for a share of common stock outstanding, total investment return, ratios to average net assets and other supplemental data for each period indicated. This information has been derived from information provided in the financial statements and market price data for the Fund's shares. --------------------------------------------------------------------------------

SELECTED FINANCIAL INFORMATION. The following table is intended to help you understand the financial performance of the Fund. This information is derived from financial and accounting records of the Fund. This information, except for the information for the six months ended May 31June 30, 20022001, as noted in the table, has been audited by PricewaterhouseCoopers LLP, the Fund's independent auditors, whose reports, along with the Fund's financial statements, are incorporated herein by reference and included in the Fund's Annual Report to Shareholders. The Annual Report Reports may be obtained without charge, by writing to Georgeson Sharehxxxxx Xxxmunications Shareholder Cxxxxxxxxxions Inc., 17 State Street, Xxx XxxxNew Yoxx, Xxx Xxxx 00000, xx xx xxxxxxx (866000) 883003-78767916. (This page has been left blank intentionally.) -------------------------------------------------------------------------------- THE EMERGING MARKETS TELECOMMUNICATIONS LATIN AMERICA EQUITY FUND, INC. FINANCIAL HIGHLIGHTS^ HIGHLIGHTS -------------------------------------------------------------------------------- The following table includes per share operating performance data for a share of common stock outstanding, total investment return, ratios to average net assets and other supplemental data for each period indicated. This information has been derived from information provided in the financial statements and market price data for the Fund's shares. --------------------------------------------------------------------------------

SELECTED FINANCIAL INFORMATION. The following table is intended to help you understand the financial performance of the Fund. This information is derived from financial and accounting records of the Fund. This information, except for the information for the six months ended May 31June 30, 20022001, as noted in the table, has been audited by PricewaterhouseCoopers LLP, the Fund's independent auditors, whose reports, along with the Fund's financial statements, are incorporated herein by reference and included in the Fund's Semi-Annual Report to Shareholders. The Semi-Annual Report may be obtained without charge, by writing to Georgeson Sharehxxxxx Xxxmunications Inc.Shareholder Communicaxxxxx Xxx., 17 State Street, Xxx XxxxNew York, Xxx New Xxxx 00000, xx xx xxxxxxx (866000) 883000-78760000. (This page has been left blank intentionally.) -------------------------------------------------------------------------------- THE EMERGING MARKETS TELECOMMUNICATIONS CHILE FUND, INC. FINANCIAL HIGHLIGHTS^ HIGHLIGHTSSECTION -------------------------------------------------------------------------------- The following table includes per share operating performance data for a share of common stock outstanding, total investment return, ratios to average net assets and other supplemental data for each period indicated. This information has been derived from information provided in the financial statements and market price data for the Fund's shares. --------------------------------------------------------------------------------