EXHIBIT 24

                         T. ROWE PRICE ASSOCIATES, INC.

                               POWERS OF ATTORNEY

         KNOW ALL MEN BY THESE  PRESENTS,  that the  undersigned  directors  and
officers of T. Rowe Price Associates,  Inc., a Maryland corporation,  constitute
and appoint  George A. Roche and Alvin M. Younger,  Jr., or either of them,  the
true and lawful agents and  attorneys-in-fact of the undersigned with full power
and  authority in said agents and  attorneys-in-fact,  and in any one or more of
them, to sign for the  undersigned  in their  respective  names as directors and
officers of T. Rowe Price Associates, Inc., a Registration Statement on Form S-8
to be filed with the Securities and Exchange Commission under the Securities Act
of 1933,  as amended,  and any  amendment  or  supplement  to such  registration
statement  relating  to the  sale  of  common  stock  under  the T.  Rowe  Price
Associates,  Inc.  1998 Director  Stock Option Plan. We hereby  confirm all acts
taken by such  agents  and  attorneys-in-fact,  or  either  of them,  as  herein
authorized.

Dated: November 10, 1999


                                  /s/ George A. Roche
                                  ----------------------------
                                      George A. Roche,
                                      Principal Executive Officer and Director


                                  /s/ Alvin M. Younger, Jr.
                                  ---------------------------
                                     Alvin M. Younger, Jr.,
                                     Principal Financial and Accounting Officer


                                  DIRECTORS:


                                  /s/ James E. Halbkat, Jr.
                                  ----------------------------
                                      James E. Halbkat, Jr.


                                  /s/ Henry H. Hopkins
                                  ----------------------------
                                      Henry H. Hopkins


                                  /s/ James A.C. Kennedy
                                  ----------------------------
                                      James A.C. Kennedy


                                  /s/ John H. Laporte
                                  ----------------------------
                                      John H. Laporte


                                  /s/ Donald B. Hebb, Jr.
                                  ----------------------------
                                      Donald B. Hebb, Jr.





                                  /s/ Richard L. Menschel
                                  ----------------------------
                                      Richard L. Menschel



                                  /s/ William T. Reynolds
                                  ----------------------------
                                      William T. Reynolds



                                  /s/ James S. Riepe
                                  ----------------------------
                                      James S. Riepe



                                  /s/ Brian C. Rogers
                                  ----------------------------
                                      Brian C. Rogers



                                  /s/ Robert L. Strickland
                                  ----------------------------
                                      Robert L. Strickland



                                  /s/ M. David Testa
                                  ----------------------------
                                      M. David Testa



                                  /s/ Philip C. Walsh
                                  ----------------------------
                                      Philip C. Walsh



                                  /s/ Anne Marie Whittemore
                                  ----------------------------
                                      Anne Marie Whittemore