Name change of Administrator

Atlantis Japan Growth Fund Ld
14 January 2005



                              COMPANY ANNOUNCEMENT





For Immediate Release

                                                                 14 January 2005



                       ATLANTIS JAPAN GROWTH FUND LIMITED

                      RE: Change of Name of Administrator


The Board of Directors of Atlantis Japan Growth Fund Limited (the 'Fund') wish
to announce that with effect from 24 December 2004 Management International
(Guernsey) Limited (the 'Administrator'), the Administrator to the Fund has
changed its name to HSBC Securities Services (Guernsey) Limited, to further
reflect the fact that it is an indirect wholly-owned subsidiary of HSBC Holdings
plc.

Enquiries:

HSBC Securities Services (Guernsey) Limited           Mr. Julian Carey

                                               Phone: [phone]

NCB Stockbrokers Limited                              Ms Margot McDonagh

                                                Phone: [phone]








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