Net Asset Value(s)

RNS Number : 4855I

JPMorgan Russian Securities PLC

19 November 2008

DATE 19TH NOVEMBER 2008

JPMORGAN ASSET MANAGEMENT (UK) LIMITED ANNOUNCES THE UNAUDITED NET
ASSET VALUES PER SHARE (NAVS) OF THE FOLLOWING INVESTMENT TRUST AS AT
CLOSE OF BUSINESS ON 18TH NOVEMBER 2008. THE NAVS HAVE BEEN CALCULATED
IN ACCORDANCE WITH AIC RECOMMENDED PRACTICE.

THE NET ASSET VALUE IN PENCE, INCLUDING INCOME, WITH DEBT AT FAIR
VALUE, AS AT MARKET CLOSE ON 18TH NOVEMBER 2008 WAS AS FOLLOWS:

JPMORGAN RUSSIAN SECURITIES PLC:

223.63

THE CAPITAL-ONLY NET ASSET VALUE PER SHARE IN PENCE, WITH DEBT
AT PAR VALUE, AS AT MARKET CLOSE ON 18TH NOVEMBER 2008 WAS AS FOLLOWS: