Compulsory Partial Redemption of Shares

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. Notice of Compulsory Partial Redemption of Shares- CORRECTION 29 January 2015 The following amendment has been made to the "Compulsory Partial Redemption ofShares" announcement released on 15 January 2015 at 16.03. The return rates detailed in paragraph 2 of the announcement have changed from: "return 125.39 pence and 123.78 US cents per GBP and USD share" to "return 123.78 pence and 125.39 US cents per GBP and USD share" All other details remain unchanged. The full amended text is shown below. Notice of compulsory partial redemption of shares in Ashmore GlobalOpportunities Limited (the "Company"). Further to the approval by the Company's shareholders of the winding downproposals as described in the circular to shareholders on 20 February 2013 (the"Circular") the Company today announces that it will return 123.78 pence and 125.39 US cents per GBP and USD share respectively on 30 January 2015 (the"Redemption Date") by way of a compulsory partial redemption of shares (the"Redemption") by reference to the 31 December 2014 NAV Calculation Date. The Redemption will be effected pro rata to holdings of shares on the registerat the close of business on the Redemption Record Date, being 23 January 2015.23.95 per cent. of the Company's issued share capital will be redeemed on theRedemption Date (that is 23.95 Shares for every 100 GBP and USD shares heldrespectively (the "Relevant Percentage")). Fractions of Shares will not beredeemed and so the number of shares to be redeemed for each shareholder willbe rounded down to the nearest whole number of shares. The amount to be applied to the partial redemption of shares comprises themonies from the realisation of the Company's investments received up to andincluding 31 December 2014 pursuant to the winding down of the Company. Thetotal cash returned to shareholders since the winding down began, following theabove payment, will amount to US$237,650,000 which is 50% of the 31 December2012, the target announced in the Circular. As at today's date, the Company has 12,572,050 GBP ordinary shares and 12,948,641 USD ordinary shares. No shares are held in treasury. All of theordinary shares redeemed on the Redemption Date will be cancelled. A furtherannouncement will be released following the record date to confirm the newnumber of shares in issue for each share class. The existing ISINs numbers GG00BRJG7733 and GG00BRJG7519 (the "Old ISINs") forthe Company's shares will expire on the Redemption Date (30 January 2015). Thenew ISIN numbers GG00BV0M1Q56 (GBP shares) and GG00BV0M1R63 (USD shares) (the"New ISINs") in respect of the Company's shares (post the Redemption) will beenabled from and including 30 January 2015. Up to the Redemption Date (but notincluding the 30 January 2015), Shares will be traded under the Old ISIN. TheRedemption will be effected pro rata to holdings of shares on the register atthe close of business on the Redemption Record Date, being 23 January 2015.Purchases of shares that were unsettled as at the close of business on theRecord Date, including trades arranged after the Record Date but before theRedemption Date, will be transformed automatically by CREST and will settleunder the New ISINs with an accompanying delivery of cash though CREST inrespect of the redemption proceeds. Payments of redemption monies are expected to be effected either through CREST(in the case of shares held in un-certificated form) or by cheque (in the caseof shares held in certificated form) by 30 January 2015. All Enquiries: Andrew MaidenNorthern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745368