RNS Number:9966S
Eastern European Trust PLC
08 December 2003

 THE EASTERN EUROPEAN TRUST PLC

The Net Asset Value (NAV) per ordinary share of the Company as at 30 November
2003 was as follows:

Basic NAV: US 1,943.56 cents (1,130.04 pence)



GEOGRAPHICAL DISTRIBUTION

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

as at 30 November 2003 in percentages.
                                                                          %



Russia                                             74,976,305            49
Hungary                                            28,943,424            19
Poland                                             22,131,719            14
Central Asia                                       14,649,070            10
Croatia                                             7,120,215             5
Czech Republic                                      5,123,293             3
Ukraine                                             3,293,062             2
Austria                                             2,497,680             2
Romania                                             2,225,196             1
Estonia                                             1,872,201             1
Slovenia                                              979,008             1
Slovakia                                                    0             0
Lithuania                                                   0             0
Bulgaria                                                    0             0
Cash and fixed interest       (2,884,246)
Bank Overdrafts               (7,539,493)

                          ---------------
Net Cash                                         (10,423,739)          (7)

                                           ------------------  ------------
                                                  153,387,434           100

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



8 DECEMBER 2003


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