Russell Investments Continues Partnership With Rayan Asset Management

DUBAI, UAE, November 15, 2010 - Rayan Asset Management will once again represent Russell
Investments in the Middle East. Rayan Asset Management and Russell
Investments joined forces in 2002 and this successful union will continue
into 2011 and beyond. This alliance has emerged as a winning combination
despite the challenging market climate and obstacles from competition.

Rayan Asset Management's role in the region is evident in Pascal
Duval's (Executive Managing Director, EMEA at Russell) comment,
"Russell…views the Middle East as a region of great potential for
international investors, and we are dedicating resources to research
investment opportunities with world-class local talent. This will lead to the
creation of specialized investment vehicles. We look forward many more years'
success working with Rayan to bring market-leading solutions to investors
across the region."

Founded by Farid Bedjaoui and Ziad Dalloul, Rayan Asset
Management is an investment consultancy based in the Middle East that
provides optimal investment solutions for its clients, building upon Russell
Investments's forte. This winning exclusive partnership delivers added value
for Middle Eastern institutional investors.

As Farid Bedjaoui (Rayan's CEO) reveals, "The synergies achieved
between the Rayan and Russell teams…has made this alliance a very powerful
one." And this strategic alliance has given birth to a thriving track record
with clients including SWFs, pension funds and leading banks as distribution
partners.

Farid Bedjaoui adds, "The local presence of the Rayan team fills
a gap which is essential for winning business and successfully managing
client relationships." And these positive relationships extend to
distribution partners like Ahli United Bank, which benefits from Rayan's
invaluable support and business development initiatives via ongoing training
and assistance.

Farid Bedjaoui explains the shape of things to come, "Interest in
international investing is coming and we are in a great position to benefit
from this trend. We have a very robust pipeline building up which includes
pension fund mandates as well distribution partnerships."

At the forefront of market evolution, Rayan is further developing its
expertise to meet investors' needs while rapidly responding to trends. The
partnership with Russel Investment is an essential part of this. Rayan also
introduced Open World, Russell Investments's new single manager platform for
sophisticated investors seeking access to high alpha specialist boutique
managers. This partnership offers clients the best portfolio of services and
professionalism.

For more information, please contact: Rayan Asset Management, Mr. Elia Hadati, e-mail : Elia.hadati at rayan.ae, tel : +971-43900100