Last checked at 27 Oct 2008 17:30
| TR-1: Notification 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 notification (yes/no) | |
| An acquisition or disposal of voting rights | Yes |
| 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): | Brown Brothers Harriman & Co Citibank NA JP Morgan Chase Bank Mellon Bank NA |
| 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: | 27 October 2008 |
| 7. Threshold(s) that is/are crossed or reached: | 5 per cent |
| 8: Notified Details | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares If 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 | ||||
| GB00B132NW22 | 35,436,597 | 35,436,597 | 34,411,630 | 34,411,630 | 4.86 | ||
| 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 exercised/converted) | Percentage of voting rights |
| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 34,411,630 | 4.86 |
| 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 cease to hold: | 1,024,967 |
| 12. Date on which proxy holder will cease to hold : | 23 October 2008 |
| 13. Additional information: | none |
| 14 Contact name: | Davis Merryweather |
| 15. Contact telephone name: | 01737 837149 |