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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-23C-1
STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO
PURCHASES OF ITS OWN SECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH
REPORT FOR CALENDAR MONTH NOVEMBER 1999
THE CENTRAL EUROPEAN EQUITY, INC.
(Name of registered closed-end investment company)
Approx Asset
Date Number Price Value or Approx Seller
Each Ident Shares Per Asset Cov/Shr or Seller's
Trans Sec Purch Share at Time of Purch Broker
11-01 CEE 2500 12.5000 16.07 Weeden & Co
11-02 " " 5000 12.6250 16.12 " "
11-03 " " 1200 12.5625 16.24 " "
11-04 " " 5000 12.7500 16.21 " "
11-05 " " 5000 12.7100 15.97 " "
11-08 " " 3400 12.6011 15.85 " "
11-09 " " 3400 12.4724 16.04 " "
11-10 " " 3400 12.4871 15.95 " "
11-11 " " 3400 12.5919 15.99 " "
11-12 " " 3400 12.3750 15.91 " "
11-15 " " 3800 12.4688 16.09 " "
11-16 " " 2200 12.5000 16.39 " "
11-17 " " 3800 12.5625 16.57 " "
11-18 " " 3800 12.6678 16.71 " "
11-19 " " 3800 12.7796 16.75 " "
11-22 " " 4800 12.8125 16.72 " "
11-23 " " 4300 12.6919 16.57 " "
11-24 " " 4500 12.5925 16.43 " "
11-26 " " 4000 12.5625 16.55 " "
11-29 " " 5200 12.4856 16.32 " "
11-30 " " 5200 12.4676 16.41 " "
The Central European Equity Fund, Inc.
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Name of Registrant
By Isabella Chan - Fund Administrator
Date of Statement 12/1/99
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