Microsoft Word 10.0.3416;Funds:     T. Rowe Price Small-Cap Value Fund, Inc.

Period end:       December 31, 2002

Report cycle:     Annual



Response for N-SAR SUB-ITEM 77Q3(a)(i):

The registrant's Principal Executive Officer and Principal Financial Officer
have evaluated the registrant's disclosure controls and procedures as of
December 18, 2002 and concluded that the registrant's disclosure controls and
procedures were effective, as of that date, in ensuring that information
required to be disclosed by the registrant in this Form N-SAR was recorded,
processed, summarized, and reported timely.

Response for N-SAR SUB-ITEM 77Q3(a)(ii):

At the date of filing this Form N-SAR, the registrant's Principal Executive
Officer and Principal Financial Officer are aware of no significant changes in
the registrant's internal controls or in other factors that could significantly
affect these controls subsequent to the date of their evaluation on December 18
2002, including any corrective actions with regard to significant deficiencies
and material weaknesses.

Response for N-SAR SUB-ITEM 77Q3(a)(iii):

                                              CERTIFICATIONS
I, James S. Riepe, certify that:
1)    I have reviewed this report on Form N-SAR of T. Rowe Price Small-Cap
      Value Fund, Inc.;

2)    Based on my knowledge, this report does not contain any untrue statement
      of a material fact or omit to state a material fact necessary to make the
     statements made, in light of the circumstances under which such statements
      were made, not misleading with respect to the period covered by this
      report;

3)    Based on my knowledge, the financial information included in this report,
      and the financial statements on which the financial information is based,
      fairly present in all material respects the financial condition, results
      of operations, changes in net assets, and cash flows (if the financial
      statements are required to include a statement of cash flows) of the
      registrant as of, and for, the periods presented in this report;

4)    The registrant's other certifying officers and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in rule 30a-2(c) under the Investment Company Act) for the
      registrant and have:

a)    designed such disclosure controls and procedures to ensure that material
      information relating to the registrant, including its consolidated
      subsidiaries, is made known to us by others within those entities,
      particularly during the period in which this report is being prepared;

b)    evaluated the effectiveness of the registrant's disclosure controls and
      procedures as of a date within 90 days prior to the filing date of this
      report (the "Evaluation Date"); and

c)    presented in this report our conclusions about the effectiveness of the
      disclosure controls and procedures based on our evaluation as of the
      Evaluation Date;

5)    The registrant's other certifying officers and I have disclosed, based on
      our most recent evaluation, to the registrant's auditors and the audit
      committee of the registrant's board of directors (or persons performing
      the equivalent functions):

a)    all significant deficiencies in the design or operation of internal
      controls which could adversely affect the registrant's ability to record,
      process, summarize, and report financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and

b)    any fraud, whether or not material, that involves management or other
      employees who have a significant role in the registrant's internal
      controls; and

6)    The registrant's other certifying officers and I have indicated in this
      report whether or not there were significant changes in internal controls
      or in other factors that could significantly affect internal controls
      subsequent to the date of our most recent evaluation, including any
      corrective actions with regard to significant deficiencies and material
      weaknesses.





Date: February 25, 2003                              /s/James S. Riepe
       -----------------       -----------------------------------------
                                                        James S. Riepe
                                           Principal Executive Officer

                                              CERTIFICATIONS
I, Joseph A. Carrier, certify that:
1)    I have reviewed this report on Form N-SAR of T. Rowe Price
      Small-Cap Value Fund, Inc.;

2)    Based on my knowledge, this report does not contain any untrue statement
      of a material fact or omit to state a material fact necessary to make the
     statements made, in light of the circumstances under which such statements
      were made, not misleading with respect to the period covered by this
      report;

3)    Based on my knowledge, the financial information included in this report,
      and the financial statements on which the financial information is based,
      fairly present in all material respects the financial condition, results
      of operations, changes in net assets, and cash flows (if the financial
      statements are required to include a statement of cash flows) of the
      registrant as of, and for, the periods presented in this report;

4)    The registrant's other certifying officers and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in rule 30a-2(c) under the Investment Company Act) for the
      registrant and have:

a)    designed such disclosure controls and procedures to ensure that material
      information relating to the registrant, including its consolidated
      subsidiaries, is made known to us by others within those entities,
      particularly during the period in which this report is being prepared;

b)    evaluated the effectiveness of the registrant's disclosure controls and
      procedures as of a date within 90 days prior to the filing date of this
      report (the "Evaluation Date"); and

c)    presented in this report our conclusions about the effectiveness of the
      disclosure controls and procedures based on our evaluation as of the
      Evaluation Date;

5)    The registrant's other certifying officers and I have disclosed, based on
      our most recent evaluation, to the registrant's auditors and the audit
      committee of the registrant's board of directors (or persons performing
      the equivalent functions):

a)    all significant deficiencies in the design or operation of internal
      controls which could adversely affect the registrant's ability to record,
      process, summarize, and report financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and

b)    any fraud, whether or not material, that involves management or other
      employees who have a significant role in the registrant's internal
      controls; and

6)    The registrant's other certifying officers and I have indicated in this
      report whether or not there were significant changes in internal controls
      or in other factors that could significantly affect internal controls
      subsequent to the date of our most recent evaluation, including any
      corrective actions with regard to significant deficiencies and material
      weaknesses.



Date:  February 25, 2003                            /s/Joseph A. Carrier
        ----------------        --------------------------------------------
                                                       Joseph A. Carrier
                                             Principal Financial Officer