AUSTRIA-HUNGARY (Francis Joseph)
A(Vie) - Gal (FAILED); F(Tri) s ITALIAN A(Ven); A(Ser) - Bul (FAILED); A(Bud) Stands

ENGLAND (Marquess o Salisbury)
F(Lon) s GERMAN F(NTH) - ENG (MISORDER); F(Nwy) s A(Fin) - StP; A(Fin) - StP; F(NWG) - Edi

FRANCE (Emile F Loubet)
F(MAO) - NAO; F(ENG) s A(Bel); A(Bel) s A(Par) - Bur (CUT); A(Pic) s A(Bel); A(Par) - Bur; A(Gas) s A(Par) - Bur

GERMANY (Wilhelm II)
A(Swe) s ENGLISH F(Nwy); A(Ruh) s F(NTH) - Bel; A(Mun) - Bur (FAILED); F(Den) s A(Swe); F(Hol) s F(NTH) - Bel; F(NTH) - Bel (FAILED)

ITALY (Victor Emmanuel III)
A(Gre) s AUSTRIAN A(Ser) - Bul; F(EMS) - Smy (FAILED); F(ION) - AEG; F(Alb) - ION; A(Ven) s AUSTRIAN F(Tri)

RUSSIA (Nicolas II)
A(Lvn) - Mos; F(BLA) - Bul ec (FAILED); F(Rum) s F(BLA) - Bul ec; A(Gal) s F(Rum) (CUT); F(StP) sc Stands (DISLODGED TO GoB)

TURKEY (Abd al-Hamid II)
F(Con) - Smy (FAILED); A(Bul) - Rum (FAILED); F(Ank) Stands ; A(Sev) Stands

Autumn 1903 Adjustments:
A: Vie, Tri, Ser, Bud = 4; No change.
E: Lon, Nwy, +StP, Edi, Lpl = 5; Gains 1.
F: Bel, Por, Spa, Bre, Mar, Par = 6; No change.
G: Swe, Mun, Den, Hol, Ber, Kie = 6; No change.
I: Gre, Ven, Tun, Nap, Rom = 5; No change.
R: Mos, Rum, War -StP, -Sev = 3; Loses 2.
T: Con, Bul, Ank, +Sev, Smy = 5; Gains 1.

Builds/Disbands:
A: None.
E: Builds (No build ordered).
F: None.
G: None.
I: None.
R: Removes F(GoB), F(BLA).
T: Builds F(Smy).

PRESS

Spring 1904 deadline: 5pm BST, 5th April 2006.