Portfolio Update

Baring Emerging Europe PLC
2 April 2004



 
In accordance with listing Rule 21.20 (L)(ii), Baring Emerging Europe plc
announces that as at 31 March 2004 the following companies have a value greater
than 5% of the Company's portfolio or are its ten largest investments:

Bank Pekao 

JSC MMC Norilsk 

Lukoil Holdings 

Magyar Olaj & Gas 

Matav 

OTP Bank 

Surgutneftegaz 

Telekomun Polska 

Vimpel Comms 

Yukos Oil

                      This information is provided by RNS
            The company news service from the London Stock Exchange