RNS Number:1357I
Schroder AsiaPacific Fund PLC
28 February 2003

                                        28-Feb-03

To : The London Stock Exchange

Schroder AsiaPacific Fund plc

The Board of Schroder AsiaPacific Fund plc announces that the unaudited net
asset value per share as at Wednesday 26th February 2003 was 61.18 pence.

The diluted net asset value as at Wednesday 26th February 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
Schroder AsiaPacific Fund plc                     (0270) 658 3287



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