Russell Investments Announces Sub-Adviser Changes to the Russell US Equity
Pool

TORONTO , Dec. 30 /CNW/ - Russell Investments Canada Limited ("Russell") is pleased to announce the following sub-adviser changes in the Russell US Equity Pool:

Numeric Investors LLC and Sustainable Growth Advisers, LP have been added to the Russell US Equity Pool.

MFS Institutional Advisors, Inc. and Montag & Caldwell, Inc. are no longer sub-advisers in the Russell US Equity Pool.

Russell views these changes as structural enhancements in the Russell US Equity Pool.

The Russell US Equity Pool is part of the Russell Sovereign Investment Program - which has provided multi-leveled risk protection and long-term performance for individual investors for over 15 years.

About Russell

Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. With approximately $176.3 billion CDN in assets under management (as of 6/30/09), Russell Investments serves individual, institutional and advisor clients in more than 40 countries. Russell Investments provides access to some of the world's best money managers. It helps investors put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors.

For further information: Thien Huynh, [phone]