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Semi Annual Report - DWS Investments

Semi Annual Report - DWS Investments

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EXECUTIVE OFFICES345 Park Avenue, New York, NY 10154ADMINISTRATORDeutsche Investment Management Americas Inc.INVESTMENT ADVISERDeutsche Asset Management International GmbHCUSTODIANBrown Brothers Harriman & Co.TRANSFER AGENT<strong>DWS</strong> <strong>Investments</strong> Service CompanyLEGAL COUNSELSullivan & Cromwell LLPINDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMPricewaterhouseCoopers LLPDIRECTORS AND OFFICERSCHRISTIAN H. STRENGERChairman and DirectorDR. WILHELM BENDERDirectorDETLEF BIERBAUMDirectorRICHARD R. BURTDirectorRICHARD KARL GOELTZDirectorDR. FRANZ WILHELM HOPPDirectorDR. FRIEDBERT MALTDirectorROBERT H. WADSWORTHDirectorJOACHIM WAGNERDirectorW. DOUGLAS BECK, CFAPresident and Chief Executive OfficerPAUL H. SCHUBERTChief Financial Officer and TreasurerRAINER VERMEHRENVice President and Lead Portfolio ManagerMELINDA MORROWVice PresidentCAROLINE PEARSONChief Legal OfficerALEXIS KUCHINSKYChief Compliance OfficerJOHN CARUSOAnti-Money Laundering Compliance OfficerJOHN MILLETTESecretaryVOLUNTARY CASH PURCHASE PROGRAMAND DIVIDEND REINVESTMENT PLANThe Fund offers shareholders a Voluntary Cash PurchaseProgram and Dividend Reinvestment Plan (“Plan”) whichprovides for optional cash purchases and for the automaticreinvestment of dividends and distributions payable by theFund in additional Fund shares. Plan participants mayinvest as little as $100 in any month and may invest up to$36,000 annually. The Plan allows current shareholderswho are not already participants in the Plan and first timeinvestors to enroll in the Plan by making an initial cashdeposit of at least $250 with the plan agent. Sharepurchases are combined to receive a beneficial brokeragefee. A brochure is available by writing or telephoning thetransfer agent:<strong>DWS</strong> <strong>Investments</strong> Service Company210 W 10th Street 6th FloorAttn: Closed End Fund AreaKansas City, MO 64105Tel.: 1-800-437-6269 (in the U.S.) or00-800-2287-2750 (outside of the U.S.)This report is available to the shareholders of the Central Europe, Russia and Turkey Fund, Inc.for their information. This is not a prospectus, circular or representation intended for use in thepurchase of shares of the Fund or any securities mentioned in this report. The information containedin the letter to the shareholders and the interview with the portfolio management team inthis report are derived from carefully selected sources believed reasonable. We do not guaranteeits accuracy or completeness, and nothing in this report shall be construed to be a representationof such guarantee. Any opinions expressed reflect the current judgment of the author, and do notnecessarily reflect the opinion of Deutsche Bank AG or any of its subsidiaries and affiliates.Notice is hereby given in accordance with Section 23(c) of the Investment Company Act of 1940that the Fund may purchase at market prices from time to time shares of its common stock inthe open market.Comparisons between changes in the Fund’s net asset value per share and changes in the MSCIEmerging Markets Europe Index should be considered in light of the Fund’s investment policyand objectives, the characteristics and quality of the Fund’s investments, the size of the Fundand variations in the foreign currency/dollar exchange rate.Fund Shares are not FDIC-insured and are not deposits or other obligations of or guaranteed byany bank. Fund Shares involve investment risk, including possible loss of principal.For latest net asset value, schedule of the Fund’s largestholdings, dividend data and shareholder inquiries, pleasecall 1-800-437-6269 (in the U.S.) or 00-800-2287-2750(outside of the U.S.).R-027581-2

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