AURR Aurrigo International Plc

TIDMAURR

RNS Number : 7431S

Aurora Russia Limited

24 November 2011

24 November 2011

Aurora Russia Limited

Update on the Manager

Aurora Russia Limited (the "Company") announces that it has received notification from Aurora Investment Advisors Limited (the "Manager") that James Cook has left the Manager. An agreement has been reached whereby James has sold his stake in the Manager to other members of the Manager. Michael Hough, who to date has been a Non-Executive Director of the Manager, has agreed to take an executive role in the Manager alongside John McRoberts, Andrey Gurin and Mikhail Shorokhov. The Manager will continue to work on the Company's clear exit strategy for its investments and on focusing on realising value for shareholders

For further information please contact:

Aurora Russia

   Geoff Miller                                          +44 7408830719 

Aurora Investment Advisors

   Chris Hickling                                      +44 1481 755 531 

Numis Securities

Hugh Jonathan

   Nominated Adviser                              +44 (0) 20 7260 1263 

Rupert Krefting / Nathan Brown

   Corporate Broking                               +44 (0) 20 7260 1435/1426 

FTI Consulting

   Ed Gascoigne-Pees                           +44 (0) 20 7269 7132 
   Jack Hickey                                         +44 (0) 20 7269 7196 

This information is provided by RNS

The company news service from the London Stock Exchange

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