EXHIBIT 23.1


INDEPENDENT AUDITORS' CONSENT

The Board of Directors
T. Rowe Price Group, Inc.:

We consent to the incorporation by reference in the registration statements
on Form S-8 (No. 033-07012, No. 033-37573, No. 033-72568, No. 033-58749,
No. 333-20333, No. 333-90967 and No. 333-59714) of T. Rowe Price Group,
Inc. of our report dated January 30, 2003, with respect to the consolidated
balance sheets of T. Rowe Price Group, Inc. and subsidiaries as of December
31, 2002 and 2001, and the related consolidated statements of income, cash
flows, and stockholders' equity for the years then ended, which report
appears in the December 31, 2002, annual report on Form 10-K of T. Rowe
Price Group, Inc.  Our report refers to the adoption of Statement of
Financial Accounting Standards No. 142, Goodwill and Other Intangible
Assets, by T. Rowe Price Group, Inc. effective January 1, 2002.


/s/ KPMG LLP

Baltimore, Maryland
March 4, 2003




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