Advanced Notice of EGM

17 February 2011

Ashmore Global Opportunities Limited

(the "Company")

Advance Notice of Extraordinary General Meeting

In accordance with the Company's discount management provisions set out in the Articles of Incorporation, Ashmore Global Opportunities Limited announces that, on 16 February 2011, shares representing 75% or more of the Net Asset Value of the Company had traded at an average discount to Net Asset Value of greater than 10%, measured over a 365 day period. Accordingly, it is intended that an Extraordinary General Meeting of the Company will be convened for 18 April 2011 at which a resolution will be proposed to wind up, reorganise or reconstruct the Company.

The Board continues to believe that the Company's portfolio is well-positioned, noting recent positive portfolio realisations, and accordingly intends to recommend that Shareholders vote against the resolution to be proposed at the EGM. Further details will be set out in a circular to be sent to shareholders on or around 25 March 2011.

Enquiries:

MHP Communications Limited

Gay Collins +44(0) 203 3128 8582

+44(0) 7798 626282

Ashmore Investment Management Limited

Tom Shippey +44 (0) 203 077 6191

Northern Trust International Fund Administration Services (Guernsey) Limited

Andrew Maiden +44 (0) 1481 745 368