Underlying Fund Performance

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.

Underlying Fund Performance

3 December 2013

Following movements in the Net Asset Values of the underlying investments in which the Company is invested, the Board of the Company has been notified of a potential material reduction in the Net Asset Value of the Company as at 30 November 2013. This decline is predominantly due to a reduction of approximately 90% in the value of the Company's holding in Odebrecht Agroindustrial S.A. (formerly ETH Bioenergia S.A.). This investment represented about 13% of the Company's Net Asset Value as at 30 September 2013.

The Company expects to announce its Net Asset Value as at 30 November 2013 on or around 16 December 2013.

Enquiries:

Robert Hegt

Ashmore Investment Management Limited

Tel: 020 3077 6147

Northern Trust International Fund Administration Services (Guernsey) Limited - Company Secretary

Tel: 01481 745368

Net Asset Value data is calculated by Northern Trust International Fund Administration Services (Guernsey) Limited and is based on unaudited valuations.

This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns and the value of investments may fluctuate. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions. Results achieved in the past are no guarantee of future results.