KRAMER LEVIN NAFTALIS & FRANKEL LLP 9 1 9 T H I R D A V E N U E NEW YORK, N.Y. 10022 - 3852 (212) 715 - 9100 FAX (212) 715-8000 ----- WRITER'S DIRECT NUMBER (212) 715-9100 March 9, 1999 Lexington Goldfund, Inc. Park 80 West Plaza Two, Saddle Brook, New Jersey 07663 Re: Lexington Goldfund, Inc. Registration Statement on Form N-14 ----------------------------------- Dear Ladies and Gentlemen: We hereby consent to the reference of our firm as Counsel in this Registration Statement on Form N-14. Very truly yours,