[PROXY CARD]
                     CREDIT SUISSE INSTITUTIONAL FUND, INC.
                           EMERGING MARKETS PORTFOLIO

                    PROXY SOLICITED BY THE BOARD OF DIRECTORS

I hereby appoint Hal Liebes and Gregory Bressler, each with the power of
substitution, as proxies for the undersigned to vote the shares of the Emerging
Markets Portfolio of Credit Suisse Institutional Fund, Inc. (the "Fund") as to
which I am entitled to vote, as shown on the reverse side, at a Special Meeting
of the Shareholders of the Fund (the "Meeting") to be held on Friday, July 14,
2000, at 3:00 p.m., Eastern Time, at the offices of the Fund, 466 Lexington
Avenue, New York, New York 10017, and any adjournments thereof, as follows:

I hereby revoke any and all proxies with respect to such shares previously given
by me. I acknowledge receipt of the Joint Proxy Statement dated May 31, 2000.
THIS PROXY WILL BE VOTED AS SPECIFIED. IF NO SPECIFICATION IS MADE, THIS PROXY
WILL BE VOTED "FOR" PROPOSAL 1.

This instruction may be revoked at any time prior to its exercise at the Meeting
by execution of a subsequent proxy card, by written notice to the Secretary of
the Fund or by voting in person at the Meeting.

                  PLEASE SIGN, DATE AND RETURN THIS PROXY CARD
                       PROMPTLY IN THE ENCLOSED ENVELOPE.

Signature should be exactly as the name or names appear on this proxy card. If
the individual signing the proxy card is a fiduciary (e.g., attorney, executor,
trustee, guardian, etc.), the individual's signature must be followed by his
full title.

HAS YOUR ADDRESS CHANGED?  DO YOU HAVE ANY COMMENTS?

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                                 [REVERSE SIDE]

 [ ]     PLEASE MARK VOTES
         AS IN THIS EXAMPLE



                                                                                               
                                    .

       VOTE THIS CARD TODAY!         THE BOARD OF DIRECTORS OF THE FUND UNANIMOUSLY
       BY MAIL, BY PHONE AT                   RECOMMENDS A VOTE FOR PROPOSAL 1.
          1-800-207-3155,
      BY FAX AT 212-269-2796
   OR ON-LINE AT www.warburg.com

This proxy, if properly executed,                                                         For    Against   Abstain
         will be voted in           1)    To approve the Sub-Investment
   this manner directed by the            Advisory Agreement among the Fund,              [ ]      [ ]       [ ]
     undersigned shareholder.             Credit Suisse Asset Management, LLC
  IF NO DIRECTION IS MADE, THIS           and Credit Suisse Asset Management
            PROXY WILL                    Limited with respect to the Emerging
          BE VOTED "FOR"                  Markets Portfolio.
           APPROVAL OF
           PROPOSAL 1.
                                    2)    Not applicable.


                                    3)    To transact such other business as may
                                          properly come before the Meeting or
                                          any adjournment thereof.

Please be sure to sign and date              Mark box at right if comments or address change
this Proxy.                        Date      have been noted on the reverse side.                    [ ]


Shareholder sign here              Co-owner sign here:


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DETACH CARD

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