<PAGE>
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 AUGUST 2000
THE CENTRAL EUROPEAN EQUITY FUND, 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
08-01 CEE 2600 14.5000 19.70 Weeden & Co
08-02 " " 1000 14.4375 19.44 " "
08-03 " " 1300 14.0000 19.00 " "
08-07 " " 2000 14.0313 19.17 " "
08-08 " " 1000 13.8750 19.04 " "
08-09 " " 2600 13.8678 19.37 " "
08-10 " " 2600 13.9375 19.49 " "
08-11 " " 1800 13.9444 19.24 " "
08-14 " " 2700 13.9884 19.26 " "
08-15 " " 2600 14.0168 19.36 " "
08-16 " " 2300 14.2418 19.48 " "
08-17 " " 1000 14.1250 19.31 " "
08-18 " " 1000 13.8750 19.17 " "
08-21 " " 2400 13.9063 19.01 " "
08-22 " " 2300 13.8451 18.96 " "
08-23 " " 2300 13.8125 18.83 " "
08-24 " " 2300 13.8723 19.05 " "
08-25 " " 1200 14.0625 19.29 " "
08-28 " " 3100 14.0645 19.26 " "
08-29 " " 1600 14.0625 19.07 " "
08-30 " " 2300 14.0571 18.78 " "
08-31 " " 1100 13.9943 18.96 " "
The Central European Equity Fund, Inc.
Name of Registrant
By Isabella Chan - Fund Administrator
Date of Statement 09/05/00