CENTRAL & EASTERN EUROPE FUND, INC. — Director's Dealing 2007

Jan 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL EUROPE & RUSSIA FUND INC (CEE)
CIK: 0000860489
Period of Report: 2006-12-28

Reporting Person: BULT JOHN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-28	Common Stock	J	687	$50.75	Acquired	7024	Direct

Footnotes

F1: Shares were acquired as a result of a dividend reinvestment acquired on December 28, 2006. Dividends are exempt under Rule 16(a)-11.