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Jarvis Securities (JIM)

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Tuesday 11 March, 2008

Jarvis Securities

Contract Win

Jarvis Securities plc
11 March 2008

                             Jarvis Securities plc

                          ('Jarvis' or 'the Company')

          Outsourcing Agreement with Advance Frontier Markets Fund Ltd

Advance Frontier Markets Fund (AFMF) has appointed Jarvis Investment Management
plc (Jarvis) to establish and administer an Investor Regular Savings Scheme for
investors in the Fund.

AFMF was admitted to trading on the AIM market of the London Stock Exchange on
15 June 2007, having raised gross proceeds of $85m. Today it has net assets of
almost $90m.

AFMF is managed by Progressive Developing Markets Limited (PDML), a subsidiary
of Progressive Asset Management Limited which was formed in London in 1996 as
the holding company for a series of independent FSA regulated fund management
companies. PDML is dedicated to investment in global emerging and frontier
markets. It has been investing in emerging markets since 1998. PDML's total
assets under management are $900m.

The Directors of Jarvis are pleased to have been asked to administer this
additional scheme and believes this endorses its reputation as a supplier of
cost effective outsourcing services within the investment administration sector.
Further it adds to the expanding commercial fee based work and moves the Company
away from being viewed only as an execution only stockbroker

For further information:

Jarvis Securities plc

Andrew Grant, Chairman & CEO Tel: 0870 224 1111

Daniel Stewart & Company plc

Lindsay Mair/Tessa Smith Tel: 020 7776 6550

                      This information is provided by RNS
            The company news service from the London Stock Exchange