RNS Number:4396O
Eastern European Trust PLC
07 August 2003

 THE EASTERN EUROPEAN TRUST PLC

The Net Asset Value (NAV) per ordinary share of the Company as at 31 July 2003
was as follows:

Basic NAV: US 1,647.20 cents (1,024.76 pence)



GEOGRAPHICAL DISTRIBUTION

Detailed below is the geographical distribution of total net assets (in
descending order)

as at 31 July 2003 in percentages.
                                                                          %



Russia                                            58,279,424             45
Hungary                                           23,235,248             18
Poland                                            19,652,419             15
Central Asia                                      12,652,202             10
Czech Republic                                     3,081,925              2
Ukraine                                            3,065,376              2
Croatia                                            2,405,402              2
Romania                                            2,177,287              2
Austria                                            1,917,038              1
Estonia                                            1,778,666              1
Slonenia                                             679,542              1
Slovakia                                                   0              0
Lithuania                                                  0              0
Bulgaria                                                   0              0
Cash and fixed interest        1,076,985                                  0
Bank Overdrafts                        0                                  0

                             -----------
Net Cash                                           1,076,985              1

                                          ------------------ --------------
                                                 130,001,514            100

                                                   =========        =======



7 August 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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