Compliance with Model Code

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Ashmore Global Opportunities Limited ("AGOL" or the "Company")

a Guernsey incorporated and registered limited liability closed-ended investment company with a Premium Listing of its US Dollar and Sterling share classes on the Official List.

Compliance with the Model Code

2 July 2012

Pursuant to Listing Rule 15.5.1R (Compliance with the Model Code) the Company hereby wishes to notify the market that its close period commenced on 1 July 2012 and is anticipated to end following the release of its interim financial statements for the period ended 30 June 2012 by the end of August 2012.

In accordance with Listing Rule 15.5.1(4), the Company confirms that all inside information (as defined in section 118C of the Financial Services and Markets Act 2000) including monthly NAV's have been and will continue to be notified to a regulatory information service ("RIS") and that the Directors and the Company are not in possession of any additional inside information that has not been notified to a RIS.

Accordingly, the Company will continue to adopt the Model Code during the close period with the exception of the following activities which maybe undertaken:

a) dealings by persons discharging managerial responsibilities in the Company;

b) purchases by the Company of its own securities; and

c) sales of treasury shares for cash or transfers (except for sales and transfers by the Company of treasury shares in the circumstances set out in LR 12.6.2R).

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Andrew Maiden

Tel: +44 1481 745 368