THE CENTRAL EUROPE RUSSIA AND TURKEY FUND Inc (CEE)

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The Central and Eastern Europe Fund, Inc.(the fund), formerly The Central Europe, Russia and Turkey Fund, Inc., is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central Europe, Russia and Turkey. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central Europe, Russia and Turkey. The Fund invests in various sectors, such as banks; diversified telecommunication services; electric utilities; food and staples retailing; metals and mining; oil, gas and consumable fuels; wireless telecommunication services; insurance; media; software; airlines, chemicals; industrial conglomerates, and pharmaceuticals. Deutsche Asset Management International GmbH is the investment advisor of the Fund.