-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 dZlwqT/yoVJqA1PRNH2rKg==

<SEC-DOCUMENT>0000927016-03-000616.txt : 20030212
<SEC-HEADER>0000927016-03-000616.hdr.sgml : 20030212
<ACCEPTANCE-DATETIME>20030212164432
ACCESSION NUMBER:		0000927016-03-000616
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20030212

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRESIDENT & FELLOWS OF HARVARD COLLEGE
		CENTRAL INDEX KEY:			0000315016
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				042103580
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		C/O HARVARD MANAGEMENT COMPANY INC
		STREET 2:		600 ATLANTIC AVENUE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		6175234400

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTRAL EUROPEAN EQUITY FUND INC /MD/
		CENTRAL INDEX KEY:			0000860489
		IRS NUMBER:				133556099
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-49273
		FILM NUMBER:		03555087

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124741694

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED GERMANY FUND INC
		DATE OF NAME CHANGE:	19900219

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FUTURE GERMANY FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>dsc13ga.txt
<DESCRIPTION>SC 13G/A AMENDMENT #4
<TEXT>
<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   -----------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                              (Amendment No. 4)/1/

                       Central European Equity Fund, Inc.
    ------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
    ------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    153436100
    ------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2002
    ------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

    [X] Rule 13d-1(b)
    [_] Rule 13d-1(c)
    [_] Rule 13d-1(d)

__________________
     /1/The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

<PAGE>

- --------------------                                          -----------------
CUSI P No. 153436100                  13G                     Page 2 of 4 Pages
- --------------------                                          -----------------

- --------------------------------------------------------------------------------
1.     NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                President and Fellows of Harvard College

- --------------------------------------------------------------------------------
2.     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)        [_]
                                                               (b)        [_]
- --------------------------------------------------------------------------------
3.     SEC USE ONLY

- --------------------------------------------------------------------------------
4.     CITIZENSHIP OR PLACE OF ORGANIZATION

                Massachusetts

- --------------------------------------------------------------------------------
                             5. SOLE VOTING POWER
                                      238,300 shares
                             ---------------------------------------------------
             NUMBER OF
               SHARES        6. SHARED VOTING POWER
            BENEFICIALLY              ---
              OWNED BY       ---------------------------------------------------
                EACH         7. SOLE DISPOSITIVE POWER
              REPORTING               238,300 shares
               PERSON        ---------------------------------------------------
                WITH         8. SHARED DISPOSITVE POWER
                                      ---
- --------------------------------------------------------------------------------
9.     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  238,300 shares

- --------------------------------------------------------------------------------
10.    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES              [_]
       CERTAIN SHARES*

- --------------------------------------------------------------------------------
11.    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                  3.0%

- --------------------------------------------------------------------------------
12.    TYPE OF REPORTING PERSON*
                  EP

- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>

                                  SCHEDULE 13G

Item 1(a)   Name of Issuer:
                     Central European Equity Fund, Inc.

     1(b)   Address of Issuer's Principal Executive Offices:
                     31 West 52/nd/ Street
                     New York, New York 10019

Item 2(a)   Name of Person Filing:
                     President and Fellows of Harvard College

     2(b)   Address of Principal Business Office or, if none, Residence:
                     c/o Harvard Management Company, Inc.
                     600 Atlantic Avenue
                     Boston, MA 02210

     2(c)   Citizenship:
                     Massachusetts

     2(d)   Title of Class of Securities:
                     Common Stock

     2(e)   CUSIP Number:
                     153436100

Item 3      The reporting person is an employee benefit plan or endowment fund
            in accordance with Rule 13d-1(b)(1)(ii)(F).

Item 4      Ownership:

     4(a)   Amount beneficially owned:
                     238,300 shares

     4(b)   Percent of Class:
                     3.0%

     4(c)   Number of shares as to which such person has:

            (i)  sole power to vote or to direct the vote:
                     238,300 shares

            (ii)  shared power to vote or to direct the vote:

                     ---------

                                Page 3 of 4 Pages

<PAGE>

           (iii) sole power to dispose or to direct the disposition of:
                    238,300 shares

           (iv)  shared power to dispose or to direct the disposition of:

                    --------

Item 5     Ownership of Five Percent or Less of a Class:
                    This statement is being filed to report the fact that as of
                    the date hereof the reporting person has ceased to be the
                    beneficial owner of more than five percent of the class of
                    securities.

Item 6     Ownership of More than Five Percent on Behalf of Another Person:
                    Not Applicable.

Item 7     Identification and Classification of the Subsidiary which Acquired
           the Security Being Reported on by the Parent Holding Company:
                    Not Applicable.

Item 8     Identification and Classification of Members of the Group:
                    Not Applicable.

Item 9     Notice of Dissolution of Group:
                    Not Applicable.

Item 10    Certification:

           By signing below the undersigned certifies that, to the best of its
           knowledge and belief, the securities referred to above were acquired
           and are held in the ordinary course of business and were not acquired
           and are not held for the purpose of or with the effect of changing or
           influencing the control of the issuer of the securities and were not
           acquired and are not held in connection with or as a participant in
           any transaction having that purpose or effect.

After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.

                                               PRESIDENT AND FELLOWS OF HARVARD
                                               COLLEGE


                                               By: /s/ Michael S. Pradko
                                                   -----------------------------
                                               Name:  Michael S. Pradko
                                               Title: Authorized Signatory

February 12, 2003

                               Page 4 of 4 Pages

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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