RNS Number:8670T
Eastern European Trust PLC
05 January 2004

THE EASTERN EUROPEAN TRUST PLC ("the Company")

This Net Asset Value announcement may differ slightly from the Net Asset Value
released to the

AITC on the fourth working day of the month.



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

Basic NAV: US 2,193.76 cents (1,225.43 pence)



5 JANUARY 2004







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