. RNS Number:9590U Ashmore Group PLC 17 April 2007 Ashmore Group plc 0700 17 April 2007 QUARTERLY ASSETS UNDER MANAGEMENT STATEMENT Ashmore Group plc ("the "Group"), a leading specialist emerging markets asset manager, announces today the following assets under management ("AuM") statement in respect of the three month period ending 31 March 2007. Assets under Management Actual Actual Movement Theme AuM AuM 31 Dec 2006 31 Mar 2007 (US$bn) (US$bn) (%) Global US$ 18.3 20.1 10 Local Currency 3.8 4.2 11 Special Situations 2.9 3.2 10 Equity 1.8 1.7 (6) Total 26.8 29.2 9 Net subscriptions during this period totalled US$1.8bn. Trading conditions in the three months to 31 March 2007 remained satisfactory despite some market turbulence during the quarter, with global liquidity and strong fundamentals in emerging markets continuing to be positive for the Group's investment themes. The Group has continued to attract net subscriptions and the Group's track record of delivering investment out-performance has been sustained. The Group remains focused on delivering long term investment out-performance and generating net management fee income through the attraction of net subscriptions across all of its investment themes. Trading conditions continue to be in line with management expectations and the Group remains confident of its prospects for the current financial year. The Group will announce its fourth quarter AuM Statement on 17 July 2007 and its preliminary results in respect of the financial year to 30 June 2007 at 0700 hours on 12 September 2007. For further information, please contact: Ashmore Group plc +44 20 7557 4100 Jim Pettigrew +44 20 7557 4157 Chief Operating and Financial Officer jim.pettigrew@ashmoregroup.com Penrose Financial +44 20 7786 4888 Gay Collins +44 7798 626 282 gayc@penrose.co.uk This information is provided by RNS The company news service from the London Stock Exchange END MSCIFMPTMMMBBFR