Change of Name of Broker

JPMorgan Russian Securities PLC
14 August 2007

                           STOCK EXCHANGE ANNOUNCEMENT

                         JPMORGAN RUSSIAN SECURITIES PLC

                 CHANGE OF NAME OF NOMINATED ADVISER AND BROKER



14th August 2007


The Company announces that the name of the Company's nominated adviser and
broker has changed from Teather & Greenwood Limited to Landsbanki Securities
(UK) Limited.





For further information, please contact:



Hilary Lowe
For and on behalf of
JPMorgan Asset Management (UK) Limited - Secretary
020 7742 6000

Landsbanki Securities (UK) Limited
Paul Fincham
020 7426 9000




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