AGOL Ashmore Global Opportunities Limited

  NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
   CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
       CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

        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.

               Notice of Compulsory Partial Redemption of Shares

                                15 January 2015

Notice of compulsory partial redemption of shares in Ashmore Global
Opportunities Limited (the "Company").

Further to the approval by the Company's shareholders of the winding down
proposals as described in the circular to shareholders on 20 February 2013 (the
"Circular") the Company today announces that it will return 125.39 pence and
123.78 US cents per GBP and USD share respectively on 30 January 2015 (the
"Redemption Date") by way of a compulsory partial redemption of shares (the
"Redemption") by reference to the 31 December 2014 NAV Calculation Date.

The Redemption will be effected pro rata to holdings of shares on the register
at the close of business on the Redemption Record Date, being 23 January 2015.
23.95 per cent. of the Company's issued share capital will be redeemed on the
Redemption Date (that is 23.95 Shares for every 100 GBP and USD shares held
respectively (the "Relevant Percentage")). Fractions of Shares will not be
redeemed and so the number of shares to be redeemed for each shareholder will
be rounded down to the nearest whole number of shares.

The amount to be applied to the partial redemption of shares comprises the
monies from the realisation of the Company's investments received up to and
including 31 December 2014 pursuant to the winding down of the Company. The
total cash returned to shareholders since the winding down began, following the
above payment, will amount to US$237,650,000 which is 50% of the 31 December
2012, the target announced in the Circular.

As at today's date, the Company has 12,572,050 GBP ordinary shares and 12,
948,641 USD ordinary shares. No shares are held in treasury. All of the
ordinary shares redeemed on the Redemption Date will be cancelled. A further
announcement will be released following the record date to confirm the new
number of shares in issue for each share class.

The existing ISINs numbers GG00BRJG7733 and GG00BRJG7519 (the "Old ISINs") for
the Company's shares will expire on the Redemption Date (30 January 2015). The
new ISIN numbers GG00BV0M1Q56 (GBP shares) and GG00BV0M1R63 (USD shares) (the
"New ISINs") in respect of the Company's shares (post the Redemption) will be
enabled from and including 30 January 2015. Up to the Redemption Date (but not
including the 30 January 2015), Shares will be traded under the Old ISIN. The
Redemption will be effected pro rata to holdings of shares on the register at
the close of business on the Redemption Record Date, being 23 January 2015.
Purchases of shares that were unsettled as at the close of business on the
Record Date, including trades arranged after the Record Date but before the
Redemption Date, will be transformed automatically by CREST and will settle
under the New ISINs with an accompanying delivery of cash though CREST in
respect of the redemption proceeds.

Payments of redemption monies are expected to be effected either through CREST
(in the case of shares held in un-certificated form) or by cheque (in the case
of shares held in certificated form) by 30 January 2015.

All Enquiries:

Andrew Maiden
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0) 1481 745368