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 companywith a Premium Listing of its US Dollar and Sterling share classes on the Official List.

Notice of Compulsory Partial Redemption of Shares

20 July 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 129.49 pence and 131.77 US cents per GBP and USD share respectively on 7 August 2015 (the “Redemption Date”) by way of a compulsory partial redemption of shares (the “Redemption")by reference to the 30 June 2015 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 31 July 2015. 25.33 per cent. of the Company's issued share capital will be redeemed on the Redemption Date (that is 25.33 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 30 June 2015 pursuant to the winding down of the Company.

As at today's date, the Company has 7,130,476 GBP ordinary shares and 9,660,204 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 GG00BWT5Y529 and GG00BWT5Y743 (the "Old ISINs") for the Company’s shares will expire on the Redemption Date (7 August 2015). The new ISIN numbers GG00BYNJ9P93 (GBP shares) and GG00BYNJ9F95 (USD shares) (the "New ISINs") in respect of the Company’s shares (post the Redemption) will be enabled from and including 7 August 2015. Up to the Redemption Date (but not including the 7 August 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 31 July 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 7 August 2015.

All Enquiries:

Andrew Le Page
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0) 1481 745405

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