Directorate Change

Ashmore Group PLC

30 October 2014

Ashmore Group plc

Directorate

Ashmore Group plc ("Ashmore") today announces the appointment of David Bennett to the Board as a Non Executive Director effective 30 October 2014. The appointment will be subject to the receipt of the usual regulatory approvals from the Financial Conduct Authority.

Save as disclosed herein, there are no further details required to be disclosed pursuant to Listing Rule 9.6.13 in connection with his appointment.

Enquiries to:

Ashmore Group plc

Paul Measday

Investor Relations +44 (0)20 3077 6278

FTI Consulting - PR to Ashmore Group plc

Andrew Walton +44 (0)20 3727 1514

Paul Marriott +44 (0)20 3727 1341

Notes:

David Bennett was formerly a Director of Alliance and Leicester PLC between 2001 and 2008 serving as Group Finance Director and then Group Chief Executive until its sale to Santander in 2008. He has also held a number of executive positions in Abbey National plc, Cheltenham & Gloucester plc, Lloyds TSB Group and the National Bank of New Zealand.

David is currently non- executive Chairman of Homeserve Membership Ltd, and a non executive director of Jerrold Holdings Limited , Bank of Ireland UK Limited and PayPal (Europe) SARL et Cie, S.C.A. He has also served as a non- executive director of easyJet plc between 2005 and 2014.

David holds an MA in Economics from Cambridge University.

 More information is available on the Group's website www.AshmoreGroup.com

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