Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Ashmore Group plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

No

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

No

An event changing the breakdown of voting rights

Yes

Other (please specify):______________

No

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

Mark Coombs

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

N/A

5. Date of transaction (and date on which the threshold is crossed or reached if different):

26 November 2008

6. Date on which issuer notified:

26 November 2008

7. Threshold(s) that is/are crossed or reached:

43%

8: Notified Details

A: Voting rights attached to shares

Class

/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB00B132NW22

303,324,200

303,324,200

303,324,200

303,324,200

43.01

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

303,324,200

43.01

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

N/A

Proxy Voting:

10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

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

N/A

13. Additional information:

Notification is made pursuant to DTR 5.1.2 (2) following the purchase of shares for Treasury by the Company on 26th November 2008 .

Ashmore shareholders should use 705,249,564 as the denominator to determine if they are required to notify their interest in, or a change to their interest in Ashmore under the FSA's Disclosure and Transparency Rules.

14 Contact name:

Michael Perman

15. Contact telephone name:

0203 077 6000