England retain their No 1 ranking, but they are only 20 points ahead of the in-form New Zealand side. All 20 World Cup sides are ranked in the world's top 20.
The rankings indicate that Pool A will be the most tightly contested at the Cup, with Australia ranked third and coming up against two of the big improvers in world rugby - Ireland (No 6) and Argentina (No 7).
Wales are in Pool D with New Zealand (No 2), Canada (No 11), Italy (No 13) and Tonga (No 14).
In the 1999 World Cup, New Zealand went in as the No 1 side with eventual winners Australia in second place and runners-up France fifth.
Zurich World Rankings (as of Sept 6, 2003): 1. England 1298 points, 2. New Zealand 1278, 3. Australia 1108, 4. France 1103, 5. South Africa 1006, 6. Ireland 929, 7. Argentina 858, 8. Scotland 756, 9. Wales 699, 10. Samoa 675, 11. Canada 569, 12. Fiji 561, 13. Italy 549, 14. Tonga 527, 15. Japan 457, 16. United States, 17. Georgia 363, 18. Romania 357, 19. Namibia 303, 20. Uruguay 295.
GB7s women left their England base to train in Wales this week. Olympic Games hopeful Rachael Burford gives WRU TV's Graeme Gillespie her thoughts on Welsh teammate Jasmine Joyce - a 'one touch wonder'
The GB7s women's squad is currently training at Wales' Centre of Excellence where assistant coach Richie Pugh tells WRU TV's Graeme Gillespie some 'tough calls' will have to be made when it comes to finalising the 12 spots for Rio's Olympic Games.
Wales U20's Billy McBryde is looking forward to starting his first game against New Zealand this afternoon in the World Rugby U20 Championship where his side are looking to gain revenge from last week's pool defeat to the Kiwis.