Holding(s) in Company

JPMorgan Russian Securities PLC
08 October 2007


TR-1:     NOTIFICATION OF MAJOR INTERESTS IN SHARES 


1. Identity of the issuer or the underlying issuer of existing     JPMorgan Russian Securities PLC
shares to which voting rights are attached:

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights                                                  YES

3. Full name of person(s) subject to the notification              Legal & General Group Plc (L&G)
obligation:

4. Full name of shareholder(s) (if different from 3.):           Legal & General Assurance (Pensions
                                                                      Management) Limited (PMC)

5. Date of the transaction (and date on which the threshold is             01 October 2007
crossed or reached if different):

6. Date on which issuer notified:                                          05 October 2007

7. Threshold(s) that is/are crossed or reached:                           From 3% - 4% (L&G)

8. Notified details:


A: Voting rights attached to shares
Class/type of Situation previous to    Resulting situation after the triggering transaction
shares        the Triggering
              transaction
 if possible  Number of   Number of    Number of     Number of voting rights  % of voting rights
using the     Shares      Voting       shares
ISIN CODE                 Rights       Direct        Direct       Indirect    Direct       Indirect


ORD GBP 0.01  1,932,954   1,932,954    2,273,785     2,273,785                4.07


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration     Exercise/ Conversion       Number of voting rights   % of voting
instrument           date           Period/ Date               that may be acquired if   rights
                                                               the instrument is
                                                               exercised/ converted.


Total (A+B)
Number of voting rights                              % of voting rights


     2,273,785                                                4.07


        9. Chain of controlled undertakings through which the voting rights and/or the financial
        instruments are effectively held, if applicable:


        Legal & General Group Plc (Direct and Indirect) (Group)

        Legal & General Investment Management (Holdings) Limited
        (LGIMH) (Direct and Indirect)

        Legal & General Investment Management Limited (Indirect)
        (LGIM)

               Legal & General Group Plc (Direct) (L&G) (2,273,785- 4.06% = LGAS, LGPL & PMC)

        Legal & General Investment Management           Legal & General Insurance Holdings Limited
        (Holdings) Limited (Direct) (LGIMHD) (1,997,874 (Direct) (LGIH)
        - 3.57% = PMC)

        Legal & General Assurance (Pensions Management) Legal & General Assurance Society Limited
        Limited  (PMC) (1,997,874 - 3.57% = PMC)        (LGAS & LGPL)

                                                        Legal & General Pensions Limited (Direct)
                                                        (LGPL)


        Proxy Voting:

        10. Name of the proxy holder:                                             N/A

        11. Number of voting rights proxy holder will cease to                    N/A
        hold:

        12. Date on which proxy holder will cease to hold voting                  N/A
        rights:

        13. Additional information:       Notification using the total voting rights figure of

                                                                     55,932,812

                                               Please note this notification has been delayed due to
                                                the large number of disclosures required following a
                                                substantial amount of new business which has come to
                                                      us in the form of an in-specie transfer.

        14. Contact name:                                        Helen Lewis (LGIM)

        15. Contact telephone number:                              020 3124 3851




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