3 1 form3.txt INITIAL STATE/BENEFICIAL OWNERSHIP OF SECURITIES ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0104 Expires: October 31, 2001 Estimated average burden hours per response ....... 0.5 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 ================================================================================ 1. Name and Address of Reporting Person* Taunus Corporation, the designated filer -------------------------------------------------------------------------------- (Last) (First) (Middle) 31 West 52nd Street -------------------------------------------------------------------------------- (Street) New York, New York 10019 -------------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Date of Event Requiring Statement (Month/Day/Year) October 31, 2001 ================================================================================ 3. IRS Identification Number of Reporting Person, if an entity (voluntary) N/A ================================================================================ 4. Issuer Name and Ticker or Trading Symbol Argentina Fund Inc.; NYSE: AF ================================================================================ 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ x ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) -------------------------------------------------------------------- ================================================================================ 6. If Amendment, Date of Original (Month/Day/Year) ================================================================================ 7. Individual or Joint/Group Filing (Check applicable line) [ ] Form Filed by One Reporting Person [ x ] Form Filed by More than One Reporting Person ================================================================================ Table I -- Non-Derivative Securities Beneficially Owned ================================================================================

================================================================================ Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) --------------------------------------------------------------------------------

Explanation of Responses: This Form 3 is filed jointly by Deutsche Banc Alex. Brown Inc. and Taunus Corporation. The shares of common stock reported herein are held directly by Deutsche Banc Alex. Brown Inc.Deusche Banc Alex. Brown Inc. is a subsidiary of Taunus Corporation. Dated: November 5, 2001 TAUNUS CORPORATION By:/s/ Jeffrey A. Ruiz ------------------------------------- Name: Jeffrey A. Ruiz Title: Vice President * If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v) ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Alternatively, this form is permitted to be submitted to the Commission in electronic format at the option of the reporting person pursuant to Rule 101(b)(4) of Regulation S-T. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. SEC 1473 (7-96) Joint Filer Information Name: Deutsche Banc Alex. Brown Inc. Address: 31 West 52nd Street, New York, New York 10019 Designated Filer: Taunus Corporation Issuer and Trading Symbol: Argentina Fund Inc.; NYSE: AF Date of Event Requiring Statement: October 31, 2001 Signature: Dated November 5, 2001 DEUTSCHE BANC ALEX. BROWN INC. By:/s/ Jeffrey A. Ruiz --------------------------------- Name: Jeffrey A. Ruiz Title: Vice President

ARGENTINA FUND INC 3