RNS Number:5592T
JPMorgan Flem Russian Secs PLC
22 December 2003


THE NET ASSET VALUE IN PENCE FOR 19TH DECEMBER 2003 WAS:


JPMORGAN FLEMING RUSSIAN SECURITIES PLC:                                  167.72


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

END

NAVBBBDDCGDGGXD