RNS Number:9057R
Eastern European Trust PLC
10 November 2003

 THE EASTERN EUROPEAN TRUST PLC

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

Basic NAV: US 1,920.89 cents (1,131.93 pence)



GEOGRAPHICAL DISTRIBUTION

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

as at 31 October 2003 in percentages.
                                                                          %



Russia                                            65,646,178             43
Hungary                                           30,408,944             20
Poland                                            19,852,325             13
Central Asia                                      14,809,934             10
Croatia                                            6,664,300              5
Czech Republic                                     5,221,975              3
Ukraine                                            3,354,993              2
Austria                                            2,417,471              2
Romania                                            2,045,574              1
Estonia                                            1,873,148              1
Slovenia                                             830,597              1
Slovakia                                                   0              0
Lithuania                                                  0              0
Bulgaria                                                   0              0
Cash and fixed interest      (1,527,119)
Bank Overdrafts                        0

                             -----------
Net Cash                                         (1,527,119)           (1)

                                          ------------------   ------------
                                                 151,598,320            100

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



10 NOVEMBER 2003


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