. RNS Number:3882M Ashmore Group PLC 23 January 2008 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 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 notification obligation: FMR LLC 4. Full name of shareholder(s) (if different from 3) : See attached schedule 5. Date of transaction (and date on which the threshold is crossed or reached if different): 18 January 2008 6. Date on which issuer notified: 22 January 2008 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 use ISIN CODE Number of shares Number of voting rights ISIN GB00B132NW22 37,428,364 37,428,364 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rights possible use ISIN CODE Direct Indirect Direct Indirect ISIN GB00B132NW22 34,466,601 4.86% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/conversion No. of voting rights that % of voting rights financial period/date may be acquired (if the instrument instrument exercised/ converted) Total (A+B) Number of voting rights % of voting rights 34,466,601 4.86% 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 proxy holder: FMR LLC 11. Number of voting rights proxy holder will cease to hold: 2,961,763 shares 12. Date on which proxy holder will cease to hold voting rights: 18 January 2008 13. Additional information: None 14. Contact name: Fabio Correia 15. Contact telephone number: 01737 837092 FMR Issuer name: ASHMORE GROUP PLC Current ownership percentage: 4.86% Total Shares Held 34,466,601 Issued share capital: 708,925,000 SHARES HELD NOMINEE MANAGEMENT FMR LLC is the parent holding company of COMPANY Fidelity Management & Research Company (FMRCO), Investment manager for US mutual funds, and Fidelity 19,719,986 BROWN FMRCO Management Trust Company (FMTC) and Pyramis BROTHERS Global Advisors Trust Company (PGATC), a US state HARRIMAN chartered bank which acts as a trustee or investment AND CO manager of various pension and trust accounts and Pyramis Global Advisors LLC (PGALLC). 3,877,844 JPMORGAN FMTC CHASE BANK 8,131,300 MELLON FMRCO BANK N.A. 2,737,471 STATE FMTC STREET BANK AND TR CO This information is provided by RNS The company news service from the London Stock Exchange END HOLPUUACGUPRGWW