. For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20100507:nRSG5256La RNS Number : 5256L Ashmore Group PLC 07 May 2010 TR-1: NOTIFICATION OF MAJOR INTEREST 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 tick the appropriate box or boxes): An acquisition or disposal of voting rights x An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the notification obligation: CAREY PENSIONS AND BENEFITS LIMITED ( as trustee of the Ashmore 2004 Employee Benefit Trust) 4. Full name of shareholder(s) (if different from 3.): AS ABOVE 5. Date of the transaction and date on which the threshold is crossed or reached: 6th May 2010 6. Date on which issuer notified: 7th May 2010 7. Threshold(s) that is/are crossed or reached: INCREASE OVER 5 PER CENT 8: Notified Details A: Voting rights attached to shares Class/type of sharesIf possible use ISIN code Situation previous to the triggering transaction Resulting situation after the triggering transaction Number of shares Number of voting rights Number of shares Number of voting rights Percentage of voting rights Direct Indirect Direct Indirect ISIN codeGB00B132NW22 34,012,500 34,012,500 35,322,445 35,322,445 NIL 5.020 NIL B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion rights that may be rights Period acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights instrument price date Conversion rights instrument period refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 35,322,445 5.020 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Michael Perman 15. Contact telephone number: 0203 077 6000 This information is provided by RNS The company news service from the London Stock Exchange