RNS Number:3966K
Schroder Emerging Countries Fd PLC
25 April 2003

FOR IMMEDIATE RELEASE                                   25-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 23rd April 2003 was 55.55 pence.

The diluted net asset value as at Wednesday 23rd 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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