Directorate Change

5 Jul 2007 07:00

Ashmore Group PLC05 July 2007 RNS announcement Directorate Change Ashmore Group plc announces that Jim Pettigrew, Chief Operating and FinancialOfficer, will be leaving the company to take up the appointment of ChiefExecutive Officer of CMC Markets plc where he is currently a non-executivedirector. Jim will continue to fulfil all responsibilities in his current roleuntil such time as a successor has been identified and after an appropriatehandover period. The search for his replacement is underway. Mark Coombs, Ashmore's Chief Executive Officer, commented "Over the last yearJim has helped us to develop robust plc disciplines which provide a solidfoundation supporting the continued growth of the business. The opportunity atCMC was unexpected and we quite understand the attraction of this role for Jimand would like to thank him for his contribution to the business and wish himevery success in the future." Notes Ashmore will announce its quarterly AuM statement in respect of the fourthquarter 2007 at 07.00 hours on 17th July 2007. Preliminary results will beannounced at 07.00 hours on 12th September 2007 and there will be a presentationfor analysts and investors on that date, further details to be announced nearerthe time. For further information, please contact: Ashmore Group plc +44 20 7557 4100Jim Pettigrew +44 20 7557 4157 Penrose Financial +44 20 7786 4888Gay Collins +44 7798 626 282 gayc@penrose.co.uk This information is provided by RNS The company news service from the London Stock Exchange