RNS Number:7804H
Schroder AsiaPacific Fund PLC
20 February 2003

                                        20-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 Monday 17th February 2003 was 62.15 pence.

The diluted net asset value as at Monday 17th 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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