ADD Adv.Dev.Mkts

 
TIDMADD 
 
Advance Developing Markets Trust plc 
 
               Publication of Supplementary Prospectus 
 
 
On  2  October  2009  Advance  Developing  Markets  Trust  plc   (the 
"Company") published  a Circular  setting out  further details  of  a 
proposed redomicile through a voluntary winding up of the Company and 
a  rollover  of  shareholders'  interests into  a  newly  established 
Guernsey fund, Advance Developing  Markets Fund Limited ("ADMF").  On 
the  same  date  a  Prospectus  was  also  sent  to  Shareholders  in 
connection  with   the  proposed   issue  of   Ordinary  Shares   and 
Subscription Shares by ADMF. 
 
Since publication of  these documents  the Board of  the Company  has 
consulted with certain key  Shareholders regarding the proposed  date 
for the first continuation vote for ADMF which is proposed to be  put 
to shareholders in  ADMF following implementation  of the  winding-up 
and rollover.  Under  the  present articles  of  association  of  the 
Company, the next continuation  vote is scheduled  to be proposed  at 
the Company's  annual general  meeting to  be held  in 2013,  however 
should the Scheme  be implemented  the Prospectus  provides that  the 
first continuation  vote for  ADMF  will be  tabled, "at  the  annual 
general meeting first following  the fifth anniversary of  Admission, 
and at every fifth annual general meeting thereafter". 
 
Following consultation with certain  key Shareholders, the Boards  of 
the Company  and ADMF  have concluded  that the  date for  the  first 
continuation vote for ADMF should be  2013 in order to be  consistent 
with the approach taken by the Company. 
 
ADMF will therefore shortly be publishing a supplementary  prospectus 
setting out the proposed change. 
 
 
 
 
Enquiries: 
 
Cavendish Administration Limited                       020 7490 4355 
 
Arbuthnot Securities Limited                              020 7012 
2000 
Alastair Moreton 
Hannah Pearce 
 
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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