Conversion of Securities

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.

Completion of 31 May 2014 Share Conversion

18 June 2014

Following the publication on 13 June 2014 of the final month-end net asset values for 31 May 2014, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 31 May 2014 share conversion date:

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:

- 377,487 new US Dollar shares of no par value

and the following shares will be cancelled:

- 226,976 Sterling shares of no par value

all with effect from 18 June 2014.

Application has been made to the Financial Conduct Authority ("FCA") for the new shares to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange's main market for listed securities.

Admission is expected to occur on or around 25 June 2014. Shareholder accounts for converting shareholders are expected to be updated by 5.00pm on 25 June 2014.

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

- 14,388,415 US Dollar Shares; and

- 14,872,530 Sterling Shares

Number of votes each Share shall be entitled to on a poll at any general meeting of the Company (applying the Weighted Voting Calculation as described in the Prospectus published by the Company on 6 November 2007 (the 'Prospectus')):

US Dollar Shares: 1.0000

Sterling Shares: 2.0288

The above figures may be used by shareholders as the denominator for the calculations, by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the FSA's Disclosure and Transparency Rules.

Enquiries:

www.agol.com

Andrew Maiden

Northern Trust International Fund Administration Services (Guernsey) Limited