. RNS Number : 6680G Ashmore Group PLC 24 October 2008 TR-1: Notification of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of ASHMORE GROUP PLC existing shares to which voting rights are attached: 2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights 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 Brown Brothers Harriman & Co 4. Full name of shareholder(s) (if different from 3): Citibank NA JP Morgan Chase Bank Mellon Bank NA Northern Trust Co 21 October 2008 5. Date of transaction (and date on which the threshold is crossed or reached if different): 23 October 2008 6. Date on which issuer notified: 5 per cent 7. Threshold(s) that is/are crossed or reached: 8: Notified Details A: Voting rights attached to shares Class/type of shares Situation previous to the triggering transaction Resulting situation after the triggering transaction If possible use ISIN code Number of shares Number of voting rights Number of shares Number of voting rights Percentage of voting rights Direct Indirect Direct Indirect GB00B132NW22 35,423,568 35,423,568 35,695,730 35,695,730 5.04 B: Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration date Exercise/ conversion period/date No. of voting rights that may be acquired (if the instrument Percentage of voting rights exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights 35,695,730 5.04 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: FMR LLC is the holding company of Fidelity Management and Research Company (FMRCO) investment manager for US mutual funds, and FIL Management Trust Company (FMTC) and Pyramia Global Advisors Trust Company (PGATC) a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts, and Pyramia Global Advisors LLC ( PGALLC) Proxy Voting: 10. Name of proxy holder: FMR LLC 11. Number of voting rights proxy holder will acquire: 272,162 12. Date on which proxy holder will acquire : 21 October 2008 13. Additional information: none 14 Contact name: Davis Merryweather 15. Contact telephone name: 01737 837149 This information is provided by RNS The company news service from the London Stock Exchange END HOLPUGWPUUPRGCC