Beacon Equity Issues Trading Outlook for Central Europe and Russia Fund Inc.

DALLAS, July 23, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Central Europe and Russia Fund Inc. (NYSE:CEE). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Central Europe and Russia Fund Inc. (NYSE:CEE) should be of particular interest to top institutional holders: Aberdeen Asia-Pacific Income Fund Inc. (AMEX:FAX), India Fund Inc. (NYSE:IFN), Templeton Global Income Fund Inc. (NYSE:GIM) and Templeton Dragon Fund Inc. (NYSE:TDF).

It is available at: http://www.beaconequity.com/i/CEE

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Central Europe and Russia Fund Inc. (CEE) is a close-ended equity mutual fund. The Fund invests in publicly traded equities in diversified sectors in Central Europe and Russia markets. The Fund's performance benchmark is against the CECE, RTX and the ISE National 30. Deutsche Investment Management Americas Inc. and Deutsche Asset Management Inc. manage the Fund in the United States.

In the report, the analyst notes:

"Natural gas prices reached $13.5 per mcf (million cubic feet) in late June of 2008, but has since dropped to an average Henry Hub price of $3.91 per mcf in June of 2009. Fossil fuel analysts cite mass liquidation of contracts by hedge funds to raise liquidity during the credit and liquidity crisis, which began in earnest in September of 2008 as the cause of the oversold condition in prices.

"Despite the global economic slowdown, natural gas prices are believed to be cheap by many analysts, saying a rebound in production expected from Asia, especially in China, will easily absorb inventory supplies. China's real GDP growth is expected to reach 8%, officially, while private estimates anticipating real growth at a lesser rate, but strong overall growth nonetheless. Demand for natural gas is expected to increase within both the OECD and non-OECD nations by mid-2010, according to the EIA."

To read the entire report visit: http://www.beaconequity.com/i/CEE

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

CONTACT:  Beacon Equity Research
          Jeff Bishop
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