Total Voting Rights

JPMorgan Russian Securities PLC
28 February 2007







                        STOCK EXCHANGE ANNOUNCEMENT


                         VOTING RIGHTS AND CAPITAL


                     JPMORGAN RUSSIAN SECURITIES PLC




In conformity with the Transparency Directive we would like to notify the market
of the following:



JPMorgan Russian Securities plc's capital consists of 55,932,812 Ordinary 1
pence shares with voting rights.  JPMorgan Russian Securities plc does not hold
any shares in treasury.



Therefore, the total number of voting rights in JPMorgan Russian Securities plc
is 55,932,812.



The above figure (55,932,812) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, JPMorgan Russian Securities
plc under the FSA's Disclosure and Transparency Rules.





28th February 2007




For further information, please contact:



Hilary Lowe

For and on behalf of

JPMorgan Asset Management (UK) Limited - Secretary

020 7742 6000






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