AGOL.L Regulatory News (AGOL)

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Ashmore Global Opportunities Limited ("AGOL" or the "Company")

a Guernsey incorporated and registered limited liability closed-ended investment company with a Premium Listing of its US Dollar and Sterling share classes on the Official List.

Share Buy-Back Programme and Extraordinary General Meeting ("EGM") and Annual General Meeting ("AGM") Results

7 June 2012

Shareholders vote resoundingly against wind up

Ashmore Global Opportunities Limited hereby gives notification that, in accordance with the recommendation of the Board, at the EGM of the Company held earlier today, shareholders voted against the resolution to wind up the Company. Total votes cast were 41,114,797 of which 36,840,348.58 (89.60%) were against.

The Company also advises that all resolutions in respect of the Ordinary Business as set out in the AGM Notice sent to shareholders dated 25 April 2012 were duly passed

Jonathan Agnew, Chairman, said:

"On behalf of the Board, I thank our shareholders for having voted against the Wind up Resolution at the EGM held on 7th June 2012, as well as in favour of all resolutions at the AGM held the same day."

"AGOL offers shareholders unique access to emerging market special situations within the listed closed-end fund sector. Its manager, Ashmore is a long established and leading investor in emerging markets with a proven record in generating returns across a range of strategies. We believe that shareholders in AGOL are well-positioned to benefit from further embedded value in the underlying companies in AGOL's portfolio as they move closer to capital and liquidity events."

"The Board has also decided to take advantage of the opportunity of the price at which the Company's shares are trading relative to their NAV and has committed up to USD 20 million to buy back the Company's shares in the market."

The following Special Resolutions were passed at the same AGM:

Special Resolution 1

IT WAS RESOLVED to authorise the Company, in accordance with Section 315 of the Companies (Guernsey) Law 2008, as amended (the "Law"), to make market acquisitions (as defined in the Law) of fully paid Shares, provided that unless the tender offer is made to all holders of a class of Shares, the maximum number of Shares be authorised to be purchased shall be 14.99% of each class of Shares in issue. Further to such authority, the price (exclusive of expenses) that may be paid will not be less than 1p per Sterling Share and 1 cent per US Dollar Share or more than the higher of (a) 105% above the average of the middle market quotations for the Shares for the five business days before the purchase is made; and (b) the higher of the last independent trade and the highest current independent bid on the London Stock Exchange Official list at the time the purchase is carried out. This authority shall expire at the conclusion of the next Annual General Meeting of the Company in 2013 or, if earlier, on a date which is 15 month from the date of the passing of this resolution, unless such authority is renewed prior to such time. The making and timing of any acquisitions will be at the absolute discretion of the Board. Such purchases will only be made in accordance with the Law and the Listing Rules.

Special Resolution 2

IT WAS RESOLVED THAT the Articles of Incorporation ("Articles") produced to the meeting and initialed by the Chairman of the meeting for the purpose of identification be adopted in substitution for, and to the exclusion of, its existing articles of incorporation.

Special Resolution 3

IT WAS RESOLVED THAT subject to and conditional upon the passing of resolution 9 above, in respect of each class of shares the directors of the Company be and are hereby empowered to issue Equity Securities (as defined in the Articles) and/or sell treasury shares for cash pursuant to the authority conferred on the directors of the Company under articles 48.1 of the Articles as if articles 48.2 of the Articles did not apply to such issue, provided that this power shall be limited to the issue of Equity Securities and/or sale of treasury shares up to a maximum of 2,402,769 shares designated as US dollar shares and 2,348,740 shares designated as Sterling shares (representing 10% of the aggregate number of each class in issue (excluding treasury shares) as at 25 April 2012 (being the latest practicable date prior to the publication of this notice of Annual General Meeting)), and shall expire (unless previously revoked, varied or renewed by the Company in general meeting) at the conclusion of the next Annual General Meeting of the Company in 2013, or if earlier, on a date which is 15 months from the date of the passing of this resolution save that this power shall enable the directors of the Company to make offers or agreements before such expiry which would or might require Equity Securities to be issued or treasury shares to be sold after such expiry and the directors of the Company may issue Equity Securities or sell treasury shares in pursuance of any such offer or agreement as if such expiry had not occurred.

In accordance with Listing Rule 9.6.2 the Special Resolutions passed at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.hemscott.com/nsm.do.

Enquiries:

www.agol.com

Notes to Editors

About Ashmore Group plc

Ashmore is one of the world's leading investment managers dedicated to Emerging Markets. The business was founded in 1992 as part of the Australia and New Zealand Banking Group. In 1999, Ashmore became independent and today manages US$65.9 billion (31 March 2012) in pooled funds, segregated accounts and structured products. Ashmore focuses on a number of Emerging Markets investment themes including external debt, local currency, corporate debt, blended debt, equity, alternatives (special situations, infrastructure, real estate), overlay / liquidity, and multi-strategy products.

Ashmore Group plc (ASHM:LN) is listed on the London Stock Exchange and is a member of the FTSE 100 Index.

The company is majority-owned by its employees. Ashmore is headquartered in London, England and has offices in Australia, Brazil, China, Colombia, India, Japan, Russia, Singapore, Turkey, and the United States.

Website: www.ashmoregroup.com