Purchase of Own Securities

Schroder AsiaPacific Fund PLC
31 August 2001

                                                                31 August 2001


                     Purchase of Shares For Cancellation

Schroder AsiaPacific Fund plc announces that on 30 August 2001, the Company
purchased 270,000 shares for cancellation, at a price of 55.00 pence per
share. Following the purchase, there are a further 139,435,505 shares in
issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]