Holding(s) in Company

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

ASHMORE GLOBAL OPPORTUNITIES LTD

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

£

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

£

An event changing the breakdown of voting rights

£

Other (please specify):

Change in ISC

X

3. Full name of person(s) subject to thenotification obligation: iii

HSBC Holdings PLC

4. Full name of shareholder(s)  (if different from 3.):iv

HSBC Global Asset Management (International) Limited

HSBC Global Asset Management (UK) Limited

HSBC Investment Management

HSBC Private Bank (Jersey) Limited

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

27th Oct 2010

6. Date on which issuer notified:

01st Nov 2010

7. Threshold(s) that is/are crossed orreached: vi, vii

9% to 8%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GG00B1YWWB33

153,130

224,152

NA

NA

216,263

NA

0.30%

GG00B1YWTR89

2,261,287

4,587,699

NA

NA

4,040,684

NA

5.62%

GG00B1YWWJ19

2,378,199

2,378,199

NA

NA

2,074,382

NA

2.88%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,331,329

8.80%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

NA

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

None

14. Contact name:

Baljeet Gill

15. Contact telephone number:

020 7991 6555