RNS Number:1982K
Schroder Emerging Countries Fd PLC
17 April 2003

FOR IMMEDIATE RELEASE  17-Apr-03

To : The London Stock Exchange

Schroder Emerging Countries Fund plc


The Board of the Schroder Emerging Countries Fund plc announces that the

unaudited net asset value per share as at Wednesday 16th April 2003 was 

55.67 pence.


The diluted net asset value as at Wednesday 16th April 2003 is not released as

it is higher than the undiluted net asset value.



By Order of the Board

Schroder Investment Management Limited

Secretaries



Enquiries :  Stephen Cunningham 020 7658 3287

            
Schroder Emerging Countries Fund plc


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