RNS Number:4496L
Schroder AsiaPacific Fund PLC
22 May 2003

FOR IMMEDIATE RELEASE                                        22-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 21st May 2003 was 61.01 pence.

The diluted net asset value as at Wednesday 21st 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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