Buying and selling Alpcot Russian Land Fund shares co-ordinated by Carnegie

Not for release, publication or distribution in, or into the United States, Canada, Australia or Japan.

Following the new share issue in October Alpcot Russian Land Fund AB has approximately 400 shareholders. The Board believes the current stock holders have an interest to sell shares and the general public an interest to buy shares in Alpcot Russian Land Fund AB.

Alpcot Russian Land Fund AB has made an agreement with Carnegie Investment Bank to co-ordinate interests in buying and selling Alpcot Russian Land Fund shares from November 26, 2007. The shares are being traded in multiples of 500 shares. Bid and ask prices are available at Carnegie’s website (www.carnegie.se).

If you are interested in buying or selling Agrokultura shares, please use your normal bank contact.