CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference into the Prospectuses and Statements of Additional Information in Post-Effective Amendment No. 42 to the Registration Statement on Form N-1A of Newbury Street Trust: Treasury Fund, Prime Fund, and Tax-Exempt Fund of our reports dated December 7, 2001 on the financial statements and financial highlights included in the October 31, 2001 Annual Reports to Shareholders of Treasury Fund, Prime Fund, and Tax-Exempt Fund.

We further consent to the references to our Firm under the headings "Financial Highlights" in the Prospectuses and "Auditor" in the Statements of Additional Information.

____________________________	/s/PricewaterhouseCoopers LLP
	PricewaterhouseCoopers LLP
Boston, Massachusetts
December 24, 2001