RNS Number:4524J
European Exchange-Traded Fnd Co.PLC
31 March 2003

                          STOCK EXCHANGE ANNOUNCEMENT



                  For Immediate Release         31 March, 2003





             European Exchange Traded Fund Company plc (the "Fund")



                             Re:  Dividend Payment



The Directors of the European Exchange Traded Fund Company plc wish to announce
the following dividends paid by the Fund.



The Fund made the following dividend transactions on 31 March 2003




                                                                              Amount

Sub-fund                          Record Date          Payment Date           per Share (Euro)
STOXX 50 LDRS                     31-March-2003        1-May-2003             0.20
Euro STOXX 50 LDRS                31-March-2003        1-May-2003             0.05







Enquiries


AIB/BNY                                              Colm Cunningham            +353 1 641 8577
Davy Stockbrokers                                    Catriona Naughton          +353 1 614 8933





This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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