Share repurchase programme

Ashmore Global Opportunities Limited

As announced on 26 May 2010, Ashmore Global Opportunities Limited (the "Company") undertook to return US$7.7m to shareholders by way of a share repurchase programme over the subsequent two month period.

As at 25 July 2010, the Company had repurchased 184,500 US dollar shares, 56,500 Euro shares and 95,705 Sterling shares at a total cost of approximately US$2.8million. Notwithstanding that the two month period has now elapsed, the Company intends to continue repurchasing shares in the market at up to a 10% discount to net asset value to utilise the remaining US$4.9m of its commitment.

Enquiries:

Penrose Financial

Gay Collins +44 (0) 207 786 4889 / +44 (0) 7798 626282

Cara de la Mare +44 (0) 1481 745498

Northern Trust