. RNS Number:9578W Ashmore Group PLC 21 May 2007 TR-1: NOTIFICATION 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 the notification (please place an X inside the appropriate bracket /s): An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify): ( ) ................. 3. Full name of person(s) subject to the notification obligation: FMR Corp 4. Full name of shareholder(s) (if different from 3.): See attached schedule 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 16 May 2007 6. Date on which issuer notified: 18 May 2007 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction using the ISIN CODE Number of shares Number of voting Rights ISIN GB00B132NW22 35,382,317 35,382,317 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rights possible using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect ISIN GB00B132NW22 35,639,517 5.02% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial Period/ Date that may be acquired if the instrument instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 35,639,517 5.02% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: See attached schedule Proxy Voting: 10. Name of the proxy holder: FMR Corp 11. Number of voting rights proxy holder will acquire to hold: 257,200 12. Date on which proxy holder will acquire to hold voting rights: 18 May 2007 13. Additional information: 14. Contact name: Teresa Garry 15. Contact telephone number: Fil-regulatory reporting@uk.fid-intl.com FMR Issuer name: ASHMORE GROUP PLC Current ownership percentage: 5.02% Total Shares Held 35,639,517 Issued share capital: 708,925,000 FMR Corp is the parent SHARES HELD NOMINEE MANAGEMENT COMPANY holding company of Fidelity Management & Research Company (FMRCO), Investment manager for US 3,014,006 STATE STREET BANK AND TR CO FMTC mutual funds, and Fidelity Management Trust Company 530,653 MELLON BANK N.A. FMTC (FMTC), a US state chartered bank which acts 5,831,300 MELLON BANK N.A. FMRCO as a trustee or investment manager of various pension 4,310,800 JPMORGAN CHASE BANK FMTC and trust accounts. 21,695,558 BROWN BROTHERS HARRIMAN AND CO FMRCO 257,200 JPMORGAN, BOURNEMOUTH FISL This information is provided by RNS The company news service from the London Stock Exchange END HOLPUUGWAUPMGCG