SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(A) OF

THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )

Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[X] Preliminary Proxy Statement

[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a6(e)(2))

[ ] Definitive Proxy Statement

[ ] Definitive Additional Materials

[ ] Soliciting Material Pursuant to Section 240.14a-12

CREDIT SUISSE NEW YORK TAX EXEMPT FUND, INC.
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(NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

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(NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT)

Payment of Filing Fee (Check the appropriate box):

[X] No fee required.

[ ] Fee computed on table below per Exchange Act Rules 14a6(i)(1) and
0-11.

(1) Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

(5) Total fee paid:

[ ] Fee paid previously with preliminary materials.

[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.

(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:

CREDIT SUISSE NEW YORK TAX EXEMPT FUND, INC.
466 LEXINGTON AVENUE
16TH FLOOR
NEW YORK, NEW YORK 10017

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NOTICE OF SPECIAL MEETING OF SHAREHOLDERS
December 30, 2004

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TO THE SHAREHOLDERS OF CREDIT SUISSE NEW YORK TAX EXEMPT FUND, INC.:

Please take notice that a Special Meeting of Shareholders (the "Special
Meeting") of Credit Suisse New York Tax Exempt Fund, Inc. (the "Fund") will be
held at the offices of Credit Suisse Asset Management, LLC (the "Adviser"), 466
Lexington Avenue, 16th Floor, New York, NY 10017, on December 30, 2004, at 3:00
p.m., Eastern time, for the following purposes:

1. To consider and act upon a proposal to liquidate, dissolve and
terminate the Fund in accordance with the Plan of Liquidation,
Dissolution and Termination (the "Plan") adopted by the Board of
Directors (the "Board"); and

2. To transact such other business as may properly come before the
Special Meeting.

The Board has determined that a complete liquidation is in the best
interests of the Fund and its shareholders. As of ___________ __, 2004, the Fund
had approximately $____ million in net assets, and the Board has concluded that
the continued operation of the Fund at this size is not economically feasible or
in the best interests of the Fund or its shareholders. The Board has also
determined that it is improbable that sales of the Fund's shares can be
increased to raise assets to a more viable level.

We strongly urge you to approve the Plan at this time. Subject to receipt
of the requisite shareholder approval, shareholders remaining in the Fund will
receive a Liquidating Distribution on or about January 7, 2005.

The proposal is discussed in greater detail in the attached proxy
statement. Holders of record of shares of the Fund at the close of business on
November 1, 2004 are entitled to vote at the Special Meeting and at any
adjournments thereof:

o By mail, with the enclosed proxy card;

o By telephone, with a toll-free call to the telephone number that
appears on your proxy card;

o Through the Internet, by using the Internet address located on your
proxy card and following the instructions on the site; or

o In person at the meeting.

In the event that the necessary quorum to transact business or the vote
required to approve or reject the proposal is not obtained at the Special
Meeting, the persons named as proxies may propose one or more adjournments of
the Special Meeting in accordance with applicable law, to permit further
solicitation of proxies. Any such adjournment will require the affirmative vote
of the holders of a majority of the Fund's shares present in person or by proxy
at the Special Meeting. The persons named as proxies will vote in favor of such
adjournment those proxies which they are entitled to vote in favor and will vote
against any such adjournment those proxies to be voted against the proposal.

We encourage you to vote by completing and returning your proxy card, by
telephone or through the Internet. These voting methods will reduce the time and
costs associated with the proxy solicitation. Whichever method you choose,
please read the full text of the proxy statement before your vote.

By order of the Board of Directors,

J. Kevin Gao
Assistant Secretary

___________ __, 2004

WHETHER OR NOT YOU EXPECT TO ATTEND THE SPECIAL MEETING, PLEASE SIGN AND
PROMPTLY RETURN THE ENCLOSED PROXY OR SUBMIT YOUR PROXY BY PHONE OR OVER THE
INTERNET. IN ORDER TO AVOID THE ADDITIONAL EXPENSE OF FURTHER SOLICITATION, WE
ASK YOUR COOPERATION IN SUBMITTING YOUR PROXY PROMPTLY.

CREDIT SUISSE NEW YORK TAX EXEMPT FUND, INC.
466 Lexington Avenue
16th Floor
New York, New York 10017

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Proxy Statement for the
Special Meeting of Shareholders
To Be Held on December 30, 2004

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This proxy statement (the "Proxy Statement") is furnished in connection
with the solicitation of proxies by the Board of Directors (the "Board") of
Credit Suisse New York Tax Exempt Fund, Inc. (the "Fund") for use at a Special
Meeting of Shareholders to be held at the offices of Credit Suisse Asset
Management, LLC ("CSAM" or the "Adviser"), 466 Lexington Avenue, 16th Floor, New
York, NY 10017, on December 30, 2004 at 1:00 p.m., Eastern time, and at any and
all adjournments thereof (the "Special Meeting").

This Proxy Statement, the Notice of Special Meeting and the proxy cards are
first being mailed to shareholders on or about November 12, 2004 or as soon as
practicable thereafter. Any shareholder giving a proxy has the power to revoke
it by mail (addressed to J. Kevin Gao, Assistant Secretary of the Credit Suisse
New York Tax Exempt Fund, Inc., c/o Credit Suisse Asset Management, LLC, 466
Lexington Avenue, New York, NY 10017) or in person at the Special Meeting, by
executing a superseding proxy or by submitting a notice of revocation. All
properly executed proxies received in time for the Special Meeting will be voted
as specified in the proxy or, if no specification is made, in favor of the
proposal referred to in the Proxy Statement.

CSAM's principal executive office is 466 Lexington Avenue, 16th Floor, New
York, New York 10017. Credit Suisse Asset Management Securities, Inc. ("CSAMSI")
serves as principal underwriter of the Fund, and CSAMSI and State Street Bank &
Trust Company ("State Street") serve as co-administrators to the Fund pursuant
to separate written agreements with the Fund. CSAMSI's principal business
address is 466 Lexington Avenue, New York, New York 10017. The principal
business address of State Street is 225 Franklin Street, Boston, Massachusetts
02110.

The Fund sends unaudited semi-annual and audited annual reports to its
shareholders, including a list of investments held. THE FUND WILL FURNISH,
WITHOUT CHARGE, A COPY OF ITS MOST RECENT ANNUAL REPORT AND ANY MORE RECENT
SEMI-ANNUAL REPORT, UPON WRITTEN REQUEST TO THE FUND AT P.O. BOX 55030, BOSTON,
MA 02205-5030, OR BY CALLING 1-800-927-2874 OR AT THE FUND'S WEBSITE AT
WWW.CSAM.COM/US.

The presence at the Special Meeting, in person or by proxy, of the holders
of a majority of the shares entitled to be cast of the Fund shall be necessary
and sufficient to constitute a quorum for the transaction of business. In the
event that the necessary quorum to transact business or the vote required to
approve or reject the proposal is not obtained at the

Special Meeting, the persons named as proxies may propose one or more
adjournments of the Special Meeting in accordance with applicable law to permit
further solicitation of proxies to receive the vote necessary for its passage or
to obtain a quorum. Any such adjournment will require the affirmative vote of
the holders of a majority of the Fund's shares present in person or by proxy at
the Special Meeting. The persons named as proxies will vote in favor of such
adjournment those proxies which they are entitled to vote in favor for the
proposal and will vote against any such adjournment those proxies to be voted
against the proposal. For purposes of determining the presence of a quorum for
transacting business at the Special Meeting, abstentions and broker non-votes
will be treated as shares that are present but which have not been voted. Broker
non-votes are proxies received from brokers or nominees when the broker or
nominee has neither received instructions from the beneficial owner or other
persons entitled to vote nor has discretionary power to vote on a particular
matter. Accordingly, shareholders are urged to forward their voting instructions
promptly. Abstentions and broker non-votes will have the effect of a vote
"AGAINST" the proposal for purposes of tabulating votes necessary for the
proposal's approval.

The Board voted to approve the Plan on October 28, 2004. Consequently,
approval of the proposal to liquidate, dissolve and terminate the Fund as set
forth in the Plan adopted by the Board will require the affirmative vote of the
majority of the Fund's outstanding shares.

If the enclosed Proxy is properly executed and returned in time to be voted
at the Special Meeting, the shares represented thereby will be voted in
accordance with the instructions marked on the Proxy. If no instructions are
marked on the Proxy, the Proxy will be voted "FOR" the approval of the Plan, and
in accordance with the judgment of the persons appointed as proxies upon any
other matters that may properly come before the Special Meeting and that are
deemed appropriate. Any shareholder giving a Proxy has the right to attend the
Special Meeting to vote his or her shares in person (thereby revoking any prior
Proxy) and also the right to revoke the Proxy at any time by written notice
received by the Fund prior to the time it is voted.

The Fund has two classes of shares of capital stock, par value $0.001 per
share (the "Shares"). On the record date, November 1, 2004, there were
____________ Shares outstanding. Each Share is entitled to one vote at the
Meeting and fractional Shares are entitled to proportionate shares of one vote.
Shareholders of the Fund will vote together as a single class.

APPROVAL OF THE LIQUIDATION, DISSOLUTION AND TERMINATION OF THE FUND

THE LIQUIDATION IN GENERAL

The Fund proposes to liquidate the assets and dissolve the Fund pursuant to
the provisions of the Plan as approved by the Board on October 28, 2004, when
the Board considered various alternatives and then determined that an orderly
liquidation of the Fund's assets was in the best interests of the Fund and its
shareholders. The Plan provides for the complete liquidation of all of the
assets of the Fund. If the Plan is approved by the requisite shareholder vote,
CSAM will undertake to liquidate the Fund's assets at market prices and on

such terms and conditions as CSAM shall determine to be reasonable and in the
best interests of the Fund and its shareholders.

In the event the Plan is not approved by the requisite shareholder vote,
the Board will consider what other action should be taken, which could include
resoliciting shareholders.

REASONS FOR THE LIQUIDATION

The Fund is an open-end investment management company organized as a
Maryland corporation on November 15, 1984. As of ____________ __, 2004, the
Fund's net assets were approximately $____ million.

At a meeting of the Board held on October 28, 2004, the Board was advised
by CSAM that the continued operation of the Fund was not economically feasible
or in the best interests of the Fund or its shareholders considering all
relevant factors, including, without limitation:

1. Formed to serve the high net worth clients of CSAM (or a predecessor)
and affiliated advisers, the Fund has been unable to attract and maintain
sufficient investors in order to attain a level of assets that would enable it
to absorb all of the expenses of its operations and offer a competitive return.

2. The Fund's performance has been augmented by voluntary fee waivers and
expense reimbursements by CSAM, which CSAM is under no obligation to continue.
CSAM is presently waiving some of its advisory fee as well as reimbursing the
Fund for other expenses equaling an additional ___% of average net assets. The
Fund's returns without these waivers and reimbursements would likely make the
Fund unattractive to new investors.

3. The Fund's distributor has difficulty selling the Fund through third
party distribution channels because the Fund's level of assets is relatively
small compared to those of other money market funds offered by such channels.

4. There are no municipal money market funds or other suitable funds in the
Credit Suisse Funds complex into which the Fund could be merged.

CSAM requested that the Board consider the liquidation of the Fund pursuant
to the Plan attached to this Proxy Statement as Appendix A.

The Board acknowledged that CSAM has voluntarily waived some of its
advisory fees since it assumed investment advisory responsibilities with respect
to the Fund, and, in addition, CSAM has been reimbursing a substantial part of
the Fund's expenses during the same period. The Fund's total return for the
one-year period ended ____________ __, 2004 for its Common Share Class was ___%
(___% without waivers) and for its Class A Shares, it was ___% (___% without
waivers). The Fund's 7-day yield as of ____________ __, 2004 for its Common
Share Class was ___% (___% without waivers) and for its Class A Shares, it was
___% (___% without waivers). The Board recognized that, absent fee waivers and
expense reimbursements, the Fund's returns would likely make the Fund
unattractive to new investors, and that CSAM is under no obligation to continue
fee waivers and expense reimbursements.

Based upon CSAM's presentation and recommendation and other relevant factors,
the Board concluded that a liquidation of the Fund was in the best interests of
the Fund and its shareholders. See "Federal Income Tax Consequences" below.

The Board, including all of the Directors who are not "interested persons"
of the Fund, as that term is defined in the Investment Company Act of 1940, as
amended (the "1940 Act"), then adopted resolutions approving the Plan, declaring
the proposed liquidation and dissolution advisable and directing that it be
submitted to the shareholders for consideration. CSAM will bear all costs
associated with the liquidation of the Fund (other than transaction costs, taxes
and extraordinary expenses).

The liquidation of the assets and termination of the Fund will have the
effect of permitting the Fund's shareholders to invest the distributions to be
received by them upon the Fund's liquidation in investment vehicles of their own
choice. Investors who desire the continued use of a managed investment such as a
taxable money market fund may obtain prospectuses for other Credit Suisse Funds
by calling 1-800-927-2874.

In the event that the shareholders do not approve the Plan, the Board will
continue to search for other alternatives for the Fund, which could include
resoliciting shareholders.

PLAN OF DISSOLUTION, LIQUIDATION AND TERMINATION OF THE FUND

The Plan provides for the complete liquidation of all of the assets of the
Fund. If the Plan is approved, CSAM will undertake to liquidate the Fund's
assets at market prices and on such terms and conditions as CSAM shall determine
to be reasonable and in the best interests of the Fund and its shareholders.

LIQUIDATION VALUE

If the Plan is adopted by the Fund's shareholders at the Special Meeting,
as soon as practicable after the consummation of the sale of all of the Fund's
portfolio securities and the payment of all of the Fund's known liabilities and
obligations, each Fund shareholder will receive a distribution in an amount
equal to the net asset value per share, as determined in accordance with the
Fund's current registration statement (the "NAV Liquidation Distribution").
Shareholders may also receive previously declared and unpaid dividends and
distributions, together with the NAV Liquidation Distribution, with respect to
each of the shareholder's shares of the Fund.

The Fund will pay the NAV Liquidation Distribution and any capital gain or
dividend distribution (together, the "Liquidating Distribution") on the
Liquidation Date (as defined below). The amount of these distributions actually
paid will vary depending on a number of factors, such as changes in value of the
Fund's holdings and net redemptions of Fund shares. If determined as of
____________ __, 2004, the Fund would have made a Liquidating Distribution of
$________ per share, consisting of an NAV Liquidation Distribution of $_____ per
share, a capital gain distribution of $0.00 per share and a dividend
distribution of $_____ per share.

FEDERAL INCOME TAX CONSEQUENCES

The following summary provides general information with regard to the
federal income tax consequences to shareholders on receipt of the distribution
from the Fund pursuant to the provisions of the Plan. This summary also
discusses the effect of federal income tax provisions on the Fund resulting from
its liquidation and dissolution. This summary is based on the tax laws and
regulations in effect on the date of this Proxy Statement, all of which are
subject to change by legislative or administrative action, possibly with
retroactive effect. The Fund has not sought a ruling from the Internal Revenue
Service with respect to the tax consequences described herein.

This summary does not address the particular federal income tax
consequences which may apply to certain shareholders such as trusts, estates,
non-resident aliens or other foreign investors. This summary does not address
state or local tax consequences. The tax consequences discussed herein may
affect shareholders differently depending on their particular tax situations
unrelated to the Liquidating Distribution, and accordingly, this summary is not
a substitute for careful tax planning on an individual basis. SHAREHOLDERS
SHOULD CONSULT THEIR PERSONAL TAX ADVISERS CONCERNING THEIR PARTICULAR TAX
SITUATIONS AND THE IMPACT THEREON OF RECEIVING THE LIQUIDATING DISTRIBUTION AS
DISCUSSED HEREIN. The receipt of the Liquidating Distribution may result in tax
consequences that are unanticipated by shareholders.

For federal income tax purposes, the Liquidating Distribution received
pursuant to the Plan by a U.S. Shareholder (i.e., a Fund shareholder who is
subject to United States federal taxation on a net income basis) may consist of
three elements: (i) a capital gain dividend to the extent of any net long-term
capital gains recognized by the Fund during its final tax year; (ii) an income
dividend to the extent the amount of the Fund's investment income and net
short-term capital gains earned during its final tax year that have not
previously been distributed exceed the Fund's expenses for the year; and (iii) a
distribution treated as payment for the U.S. Shareholder's shares. The portion
of the distribution described in clause (ii) allocable to exempt interest should
be an exempt-interest dividend to the Shareholders, if so designated by the
Fund.

Since the Fund is a money market fund, it is not anticipated that any
portion of the Liquidating Distribution will consist of long-term capital gains.
The composition of the actual Liquidating Distribution may vary due to changes
in market conditions and the composition of the Fund's portfolio at the time its
assets are sold. Prior to the last day of the Fund's final taxable year, the
Fund's Board must authorize any capital gain dividend and income dividend to be
distributed as part of the Liquidating Distribution. Within 60 days after the
close of the Fund's final taxable year (which will be deemed to close on the
Liquidation Date), the Fund will notify U.S. Shareholders as to the portion, if
any, of the Liquidating Distribution that constitutes a capital gain dividend
and that constitutes an income dividend (including the portion of the income
dividend that qualifies as an exempt-interest dividend).

Since the Fund would seek to retain its qualification as a regulated
investment company ("RIC") under the Internal Revenue Code of 1986, as amended
(the "Code") during the liquidation period, it would not expect to be taxed on
any of its net capital gains realized from the sale of its assets or ordinary
income earned. In the unlikely event that the Fund should lose its status as a
RIC during the liquidation process, the Fund would be subject to taxes which
would reduce the amount of Liquidating Distributions, and result in the
inability of the Fund to pay exempt-interest dividends to its U.S. Shareholders.

Any portion of a Liquidating Distribution paid under the Plan out of
ordinary income or net realized long-term capital gains will be taxed under the
Code in the same manner as any other distribution of the Fund. Accordingly, such
amounts will be treated as ordinary income or long-term capital gains, if so
designated. As described above, the portion of a Liquidating Distribution that
qualifies as an exempt-interest dividend will be exempt from federal income tax,
if so designated.

The balance of any amount (after accounting for the capital gain dividend
and income dividend portions of the Liquidating Distribution) received upon
liquidation will be treated for federal income tax purposes as a payment in
exchange for a U.S. Shareholder's shares in the Fund. A U.S. Shareholder will
recognize a taxable gain or loss on such exchange equal to the difference
between the amount of the payment and the U.S. Shareholder's tax basis in its
Fund shares. Because the Fund is a money market fund, it is not anticipated that
a shareholder will recognize any gain or loss on such exchange. Any such gain or
loss will be a capital gain or capital loss if the U.S. Shareholder holds its
shares as capital assets. Any recognized gain or loss will constitute a
long-term capital gain or long-term capital loss, as the case may be, if the
Fund's shares were held for more than one year by the U.S. Shareholder at the
time of the exchange. Under current law, long-term capital gains are taxed to
individual U.S. Shareholders at a maximum tax rate of 20%. If the U.S.
Shareholder held its Fund shares for not more than one year at the time of the
deemed exchange, any gain or loss will be a short-term capital gain or loss.
Short term capital gains are taxed to individual U.S. Shareholders at the
graduated income tax rates applicable to ordinary income. All income recognized
by a corporate U.S. Shareholder pursuant to the liquidation of the Fund (other
than properly designated exempt-interest dividends), regardless of its character
as capital gains or ordinary income, will be subject to tax at the regular
graduated federal corporate income tax rates.

LIQUIDATING DISTRIBUTION

At present, the date on which the Fund will be liquidated and on which the
Fund will pay Liquidating Distributions to its shareholders is uncertain, but it
is anticipated that if the Plan is adopted by the shareholders such liquidation
would occur on January 7, 2005 (the "Liquidation Date"). Shareholders holding
Fund shares as of the close of business on the day prior to the Liquidation Date
will receive their Liquidating Distribution on the Liquidation Date without any
further action on their part.

The right of a shareholder to redeem his or her shares of the Fund at any
time has not been impaired by the proposal to liquidate the assets and dissolve
the Fund and the adoption of the Plan. Therefore, a shareholder may redeem
shares in accordance with redemption procedures set forth in the Fund's current
Prospectuses and Statement of Additional Information without the necessity of
waiting for the Fund to take any action. The Fund does not impose any redemption
charges.

IMPACT OF THE PLAN ON THE FUND'S STATUS UNDER THE 1940 ACT

On the Liquidation Date, the Fund will cease doing business as a registered
investment company and, as soon as practicable, will apply for deregistration
under the 1940 Act. It is expected that the Securities and Exchange Commission
("SEC") will issue an order

approving the deregistration of the Fund if the Fund is no longer doing business
as an investment company, although there can be no assurance given that the SEC
will issue such an order. Accordingly, the Plan provides for the eventual
cessation of the Fund's activities as an investment company and its
deregistration under the 1940 Act. A vote in favor of the Plan will constitute a
vote in favor of such a course of action. Until the Fund's withdrawal as an
investment company becomes effective, the Fund, as a registered investment
company, will continue to be subject to and will comply with the 1940 Act.

PROCEDURE FOR DISSOLUTION UNDER THE MARYLAND GENERAL CORPORATION LAW

After the Liquidation Date, pursuant to the Maryland General Corporation
Law and the Fund's Charter, Articles of Dissolution will in due course be
executed, acknowledged and filed with the State Department of Assessments and
Taxation of Maryland, and will become effective in accordance with the Maryland
General Corporation Law. Upon the effective date of such Articles of
Dissolution, the Fund will be legally dissolved, but thereafter the Fund will
continue to exist for the purpose of paying, satisfying and discharging any
existing debts or obligations, collecting and distributing its assets, and doing
all other acts required to liquidate and wind up its business and affairs, but
not for the purpose of continuing the business for which the Fund was organized.
The business and affairs of the Fund will continue to be managed under the
direction of the Board solely for purposes of liquidation and winding up the
Fund's business and affairs after the acceptance of the Articles of Dissolution,
unless and until a court appoints a receiver.

CONCLUSION

THE BOARD RECOMMENDS THAT THE SHAREHOLDERS VOTE FOR THE PROPOSED
LIQUIDATION OF ASSETS AND DISSOLUTION OF THE FUND PURSUANT TO THE PROVISIONS OF
THE PLAN OF DISSOLUTION, LIQUIDATION AND TERMINATION.

ADDITIONAL INFORMATION

GENERAL

The cost of preparing, printing and mailing the enclosed proxy,
accompanying notice and proxy statement and all other costs incurred in
connection with the solicitation of proxies, including any additional
solicitation made by letter or telephone, will be paid by CSAM. In addition to
solicitation by mail, certain officers and representatives of the Fund, officers
and employees of CSAM and certain financial services firms and their
representatives, who will receive no extra compensation for their services, may
solicit proxies in person or by telephone.

D.F. King & Co. (the "Agent") has been engaged to assist in the
solicitation of proxies, at an estimated fee of $___________, which will be
borne by CSAM. As the Special Meeting date approaches, certain shareholders may
receive a telephone call from a representative of the Agent if their vote has
not yet been received. Authorization to permit the Agent to execute proxies may
be obtained by telephonic or electronic transmitted instructions from
shareholders. Proxies that are obtained telephonically will be recorded in
accordance with the procedures set forth below. The Board believes that these
procedures are reasonably designed to ensure that the

identity of the shareholder casting the vote and the shareholder's voting
instructions are accurately determined.

In all cases where a telephonic proxy is solicited, the Agent's
representative is required to ask for each shareholder's full name, address,
last four digits of the shareholder's social security or tax identification
number, title of the person and whether such person is authorized to direct the
voting of such shares (if an entity), the number of shares owned, if known, and
to confirm that the shareholder has received the Proxy Statement and proxy card
in the mail. If the information solicited agrees with the information provided
to the Agent, then the Agent representative has the responsibility to explain
the process, read the proposal listed on the proxy card, and ask for the
shareholder's instructions on the proposal. The Agent's representative, although
he or she is permitted to answer questions about the process, is not permitted
to recommend to the shareholder how to vote, other than to read any
recommendation set forth in the Proxy Statement. The Agent will record the
shareholder's instructions on the card. Within 72 hours, the shareholder will be
sent a letter by first class mail to confirm his or her vote and asking the
shareholder to call the Agent immediately if his or her votes are not correctly
reflected in the confirmation.

If the shareholder wishes to participate in the Special Meeting, but does
not wish to give his or her proxy by telephone, or by the Internet, the
shareholder may still submit the proxy card originally sent with the Proxy
Statement or attend in person. Should shareholders require additional
information regarding the proxy or replacement proxy cards, they may contact the
Agent toll-free at 1-800-290-6424. Any proxy given by a shareholder, whether in
writing, by telephone or by the Internet, is revocable.

Shareholder Proposals

As a general matter, the Fund does not hold annual meetings of
shareholders. Shareholders wishing to submit proposals for inclusion in a proxy
statement for a subsequent meeting of shareholders (assuming that the Fund is
not liquidated as proposed) should send their written proposals to the Secretary
of Credit Suisse New York Tax Exempt Fund, Inc., c/o Credit Suisse Asset
Management, LLC, 466 Lexington Avenue, New York, New York 10017. Proposals must
be received at a reasonable time prior to the date of a meeting of shareholders
to be considered for inclusion in the materials for the Fund's meeting. Timely
submission of a proposal does not, however, necessarily mean that such proposal
will be included.

OTHER MATTERS TO COME BEFORE THE SPECIAL MEETING

The Board is not aware of any other matters that will come before the
Special Meeting. Should any other matter properly come before the Special
Meeting, the persons named in the accompanying proxy shall be entitled to vote
the shares represented by such proxy in accordance with their judgment on such
matters.

BENEFICIAL OWNERS

The following table shows certain information, as of __________ __, 2004,
concerning persons who may be deemed beneficial owners of 5% or more the Shares
of the Fund because they possessed or shared voting or investment power with
respect to the Shares:

NAME AND ADDRESS SHARES HELD PERCENT OF OUTSTANDING SHARES (CLASS)
- ---------------- ----------- -------------------------------------

* The Fund believes that this entity, the holder of record of these shares,
is not the beneficial owner of such shares.

[As of the Record Date, the Directors and officers of the Fund collectively
beneficially owned less than 1% of the Fund's outstanding Shares.]

PLEASE COMPLETE, SIGN AND RETURN THE ENCLOSED PROXY CARD
PROMPTLY. NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED STATES.

By order of the Board of Directors,

/s/ J. Kevin Gao
- ------------------
J. Kevin Gao
Assistant Secretary

Dated: __________ __, 2004

DETACH HERE

PROXY

CREDIT SUISSE NEW YORK TAX EXEMPT FUND, INC.

466 Lexington Avenue
16th Floor
New York, New York 10017

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

The undersigned hereby appoints Messrs. Michael A. Pignataro and J. Kevin Gao,
and each of them separately, as Proxies, each with the power to appoint his
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side and in accordance with their judgment on such other matters
as may properly come before the meeting or any adjournments thereof, all shares
of Credit Suisse New York Tax Exempt Fund, Inc. (the "Fund") that the
undersigned is entitled to vote at the Special Meeting of Shareholders on
December 30, 2004, and at any adjournments thereof.

- ---------------- ------------------------------------------ ----------------
SEE REVERSE SIDE CONTINUED AND TO BE SIGNED ON REVERSE SIDE SEE REVERSE SIDE
- ---------------- ------------------------------------------ ----------------

DETACH HERE

[X] PLEASE MARK VOTES
AS IN THIS EXAMPLE

THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE PROPOSAL.

THIS PROXY WHEN PROPERLY EXECUTED WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY
THE UNDERSIGNED SHAREHOLDER.

1. To consider and act upon a proposal to liquidate, dissolve and terminate
the Fund as set forth in the Plan of Liquidation, Dissolution and
Termination adopted by the Board of Directors.

[ ] FOR
[ ] AGAINST
[ ] ABSTAIN

MARK HERE FOR ADDRESS CHANGE AND NOTE AT LEFT [ ]

PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY CARD PROMPTLY USING THE ENCLOSED
ENVELOPE. IF YOU SIGN AND RETURN THE ENCLOSED PROXY CARD AND DO NOT DIRECT HOW
THE PROXY IS TO BE VOTED, THE PROXY WILL BE VOTED "FOR" THE PROPOSAL.

Please sign exactly as name appears at left. When shares are held by joint
tenants, both should sign. When signing as attorney, executor, administrator,
trustee or guardian, please give full title as such. If a corporation, please
sign in full corporate name by president or other authorized officer. If in a
partnership, please sign in partnership name by authorized person.

Signature: ___________ Date:_______ Signature:______________ Date:________

Appendix A

PLAN OF LIQUIDATION, DISSOLUTION AND TERMINATION

Credit Suisse New York Tax Exempt Fund, Inc., a Maryland corporation (the
"Fund"), shall proceed to a complete liquidation of the Fund according to the
procedures set forth in this Plan of Dissolution, Liquidation and Termination
(the "Plan"). The Plan has been approved by the Board of Directors of the Fund
(the "Board") as being advisable and in the best interests of the Fund and its
shareholders. The Board has directed that this Plan be submitted to the holders
of the outstanding voting shares of the Fund (each a "Shareholder" and,
collectively, the "Shareholders"), voting in the aggregate without regard to
class, for their adoption or rejection at a special meeting of shareholders and
has authorized the distribution of a Proxy Statement (the "Proxy Statement") in
connection with the solicitation of proxies for such meeting. Upon Shareholder
approval of the Plan, the Fund shall voluntarily dissolve and completely
liquidate in accordance with the requirements of the Maryland General
Corporation Law (the "MGCL") and the Internal Revenue Code of 1986, as amended
(the "Code"), as follows:

1. Adoption of Plan. The effective date of the Plan (the "Effective Date")
shall be the date on which the Plan is adopted by the Shareholders.

2. Liquidation and Distribution of Assets. As soon as is reasonable and
practicable after the Effective Date, or as soon thereafter as practicable
depending on market conditions and consistent with the terms of this Plan, the
Fund and the Fund's investment adviser, Credit Suisse Asset Management, LLC
("CSAM"), shall have the authority to engage in such transactions as may be
appropriate for the Fund's liquidation and dissolution, including, without
limitation, the consummation of the transactions described in the Proxy
Statement.

3. Provisions for Liabilities. The Fund shall pay or discharge or set aside
a reserve fund for, or otherwise provide for the payment or discharge of, any
liabilities and obligations, including, without limitation, contingent
liabilities.

4. Distribution to Shareholders. As soon as practicable after the Effective
Date, the Fund shall liquidate and distribute pro rata on the date of
liquidation (the "Liquidation Date") to its shareholders of record as of the
close of business on the day prior to the Liquidation Date, all of the remaining
assets of the Fund in complete cancellation and redemption of all the
outstanding shares of the Fund, except for cash, bank deposits or cash
equivalents in an estimated amount necessary to (i) discharge any unpaid
liabilities and obligations of the Fund on the Fund's books on the Liquidation
Date, including, but not limited to, income dividends and capital gains
distributions, if any, payable through the Liquidation Date, and (ii) pay such
contingent liabilities as the Board shall reasonably deem to exist against the
assets of the Fund on the Fund's books.

5. Notice of Liquidation. As soon as practicable after the Effective Date,
the Fund shall mail notice to its known creditors, at their addresses as shown
on the Fund's records, that this Plan has been approved by the Board and the
Shareholders and that the Fund will be liquidating its assets, to the extent
such notice is required under the MGCL.

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6. Articles of Dissolution. As promptly as practicable, but in any event no
earlier than 20 days after the mailing of notice to the Fund's known creditors,
if any, the Fund shall be dissolved in accordance with the laws of the State of
Maryland and the Fund's Charter, including filing Articles of Dissolution with
the State of Department of Assessments and Taxation.

7. Amendment or Abandonment of Plan. The Board may modify or amend this
Plan at any time without Shareholder approval if it determines that such action
would be advisable and in the best interests of the Fund and its Shareholders.
If any amendment or modification appears necessary and in the judgment of the
Board will materially and adversely affect the interests of the Shareholders,
such an amendment or modification will be submitted to the Shareholders for
approval. In addition, the Board may abandon this Plan without Shareholder
approval at any time prior to the filing of the Articles of Dissolution if it
determines that abandonment would be advisable and in the best interests of the
Fund and its Shareholders.

8. Powers of Board and Officers. The Board and the officers of the Fund are
authorized to approve such changes to the terms of any of the transactions
referred to herein, to interpret any of the provisions of this Plan, and to
make, execute and deliver such other agreements, conveyances, assignments,
transfers, certificates and other documents and take such other action as the
Board and the officers of the Fund deem necessary or desirable in order to carry
out the provisions of this Plan and effect the complete liquidation and
dissolution of the Fund in accordance with the Code and the MGCL, including,
without limitation, filing of a Form N-8F with the Securities and Exchange
Commission, withdrawing any state registrations of the Fund and/or its shares,
withdrawing any qualification to conduct business in any state in which the Fund
is so qualified and the preparation and filing of any tax returns.

9. Termination of Business Operations. As soon as practicable upon adoption
of this Plan, the Fund shall cease to conduct business except as shall be
necessary in connection with the effectuation of its liquidation and
dissolution.

10. Expenses. The expenses of carrying out the terms of this Plan (which
shall not include transactions costs, taxes and extraordinary expenses) shall be
borne by CSAM, whether or not the liquidation contemplated by this Plan is
effected.

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