Director/PDMR Shareholding

Ashmore Group plc ("Ashmore" or the "Company")

London. 30th March 2012

Notification Pursuant to DTR 3

Ashmore Group plc ("Ashmore", the "Company") has received notification on 30th March 2012 from its Chief Executive Officer, Mr Mark Coombs, that on 29th March 2012 he gifted 3,000,000 ordinary shares (0.42%) of 0.01p each in the capital of the Company to charity for nil consideration. As a result of this gift, Mr Coombs' interest in the share capital of Ashmore is reduced to 295,574,200 shares (41.75 per cent of the issued capital).

For further information please contact:

Gay Collins +44 (0) 20 3128 8100

MHP Communications

ashmore@mhpc.com

Ashmore Group plc +44 (0)20 3077 6000

Graeme Dell - Group Finance Director