EX-99.(A)(1)(VI) 7 d656274dex99a1vi.htm TEXT OF LETTER TO STOCKHOLDERS OF THE FUND DATED FEBRUARY 14, 2014 Text of Letter to Stockholders of the Fund dated February 14, 2014

Exhibit (a)(1)(vi)

THE CENTRAL EUROPE, RUSSIA AND TURKEY FUND, INC.

345 Park Avenue, New York, NY 10154

February 14, 2014

Dear Stockholder:

The Central Europe, Russia and Turkey Fund, Inc. (the “Fund”) is offering to repurchase up to 566,397 of its issued and outstanding shares of common stock, which is equal to approximately 5% of the Fund’s issued and outstanding shares as of February 3, 2014, for cash at a price equal to 98% of the net asset value (“NAV”) per share as determined by the Fund on the next business day after the date the offer expires (the “Offer to Repurchase”). The Fund is making the Offer to Repurchase in connection with the terms of the Fund’s Discount Management Program (the “Program”). Pursuant to the Program, the Fund’s Board of Directors has approved a series of up to four, consecutive, semi-annual tender offers each for up to 5% of the Fund’s issued and outstanding shares of common stock at a price equal to 98% of NAV if the Fund’s shares trade at an average discount to NAV of more than 10% during the applicable twelve-week measurement period. At the conclusion of the most recent twelve-week measurement period that began on September 16, 2013 and concluded on December 6, 2013, shares of common stock of the Fund traded at an average discount to NAV of -10.36%. Because the terms of the Program require the Fund to conduct a tender offer if its shares trade at an average discount to NAV of more than 10% during the applicable twelve-week measurement period, the Fund is conducting the Offer to Repurchase for up to 5% of its issued and outstanding shares at a price equal to 98% of the Fund’s NAV per share. The Offer to Repurchase was authorized by the Fund’s Board of Directors.

The Offer to Repurchase is explained in detail in the enclosed Offer to Repurchase and related Letter of Transmittal. If you wish to tender your shares, instructions on how to tender shares are provided in the enclosed materials. I encourage you to read these materials carefully before making any decision with respect to the Offer to Repurchase. Neither the Fund nor its Board of Directors makes any recommendation to any stockholder whether to tender any or all shares.

Please note that the Offer to Repurchase is scheduled to expire at 5:00 p.m., Eastern Time, on March 17, 2014, unless extended by the Fund. Questions regarding the Offer to Repurchase should be directed to AST Fund Solutions, Inc. at (800) 884-4725.

 

Sincerely,

/s/ John Millette

John Millette, Secretary