Independent Auditors' Consent




To the Shareholders and Board of Trustees of
Smith Barney Investment Series
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated December 19,
2000, on the statement of assets and liabilities for Smith Barney Growth
and Income Fund (the "Fund") of Smith Barney Investment Series as of
October 31, 2000 and the related statement of operations for the year
then ended, and the statement of changes in net assets and financial
highlights for the year then ended. These financial statements and
financial highlights and our report thereon are included in the Annual
Report of the Fund as filed on Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights"in the Prospectus and "Independent Auditors" in
the Statement of Additional Information.



KPMG LLP
New York, New York
February 20, 2001



Independent Auditors' Consent




To the Shareholders and Board of Trustees of
Smith Barney Investment Series
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated December 7,
2000, on the statement of assets and liabilities for Smith Barney
International Aggressive Growth Fund (the "Fund") of Smith Barney
Investment Series as of October 31, 2000 and the related statement of
operations for the year then ended, and the statement of changes in net
assets and financial highlights for the year then ended. These financial
statements and financial highlights and our report thereon are included
in the Annual Report of the Fund as filed on Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights"in the Prospectus and "Independent Auditors" in
the Statement of Additional Information.



KPMG LLP
New York, New York
February 20, 2001



Independent Auditors' Consent




To the Shareholders and Board of Trustees of
Smith Barney Investment Series
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated December 19,
2000, on the statement of assets and liabilities for Smith Barney Large
Cap Core Fund (the "Fund") of Smith Barney Investment Series as of
October 31, 2000 and the related statement of operations for the year
then ended, and the statement of changes in net assets and financial
highlights for the year then ended. These financial statements and
financial highlights and our report thereon are included in the Annual
Report of the Fund as filed on Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights"in the Prospectus and "Independent Auditors" in
the Statement of Additional Information.



KPMG LLP
New York, New York
February 20, 2001



Independent Auditors' Consent




To the Shareholders and Board of Trustees of
Smith Barney Investment Series
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated December 7,
2000, on the statement of assets and liabilities for the Select Small
Cap Portfolio, Select Mid Cap Portfolio, Select Growth Portfolio, Select
Growth and Income Portfolio and Select Government Portfolio (the
"Portfolios") of Smith Barney Investment Series as of October 31, 2000
and the related statements of operations for the year then ended, and
the statements of changes in net assets and financial highlights for the
year then ended. These financial statements and financial highlights and
our report thereon are included in the Annual Report of the Portfolios
as filed on Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights"in the Prospectus and "Independent Auditors" in
the Statement of Additional Information.



KPMG LLP
New York, New York
February 20, 2001

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