RNS Number:1372L
Schroder AsiaPacific Fund PLC
15 May 2003

FOR IMMEDIATE RELEASE                                   15-May-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 7th May 2003 was 62.60 pence.

The diluted net asset value as at Wednesday 7th May 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 :                                  Matthew F Dobbs

Schroder AsiaPacific Fund plc                (0270) 658 6973


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