. RNS Number:0242R Ashmore Group PLC 28 March 2008 REG-Ashmore Group Plc Holding(s) in Company Ashmore Group PLC 28 March 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: Carey Pension and Benefits Limited 4. Full name of shareholder(s) (if different from 3) : 5. Date of transaction (and date on which the threshold is crossed or reached if different): 26 March 2008 6. Date on which issuer notified: 28 March 2008 7. Threshold(s) that is/are crossed or reached: Reduction below 5% 8. Notified Details: A: Voting rights attached to shares Class/type of shares if Situation previous to the triggering transaction possible use ISIN CODE Number of shares Number of voting rights ISIN GB00B132NW22 37,762,500 37,762,500 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 34,012,500 34,012,500 nil 4.80 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/conversion period No. of voting rights that % of voting financial /date may be acquired (if the rights instrument instrument exercised/ converted) Total (A+B) Number of voting rights % of voting rights 34,012,500 4.80 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: Carey Pension and Benefits Limited 11. Number of voting rights proxy holder will cease to hold: 3,750,000 shares 12. Date on which proxy holder will cease to hold voting rights: 26 March 2008 13. Additional information: None 14. Contact name: Rhona Nicolle 15. Contact telephone number: 01481 737241 Issuer name: ASHMORE GROUP PLC Current ownership percentage: 4.80% Total Shares Held 34,012,500 Issued share capital: 708,925,000 END This information is provided by RNS The company news service from the London Stock Exchange END HOLPUUBGWUPRGGR