Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached

Baring Emerging Europe PLC

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            YES     
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification     Legal & General Group
obligation                                                Plc (L&G)            
                                                                               
4. Full name of shareholder(s) (if different from 3.)     N/A                  
                                                                               
5. Date of the transaction (and date on which the             17 July 2013     
threshold is crossed                                                           
or reached if different)                                                       
                                                                               
6. Date on which issuer notified:                             18 July 2013     
                                                                               
7. Threshold(s) that is/are crossed or reached:                 Below 3%       

8. Notified details:

A: Voting rights attached to shares

Class/type of  Situation previous to    Resulting situation after the triggering  
   shares         the triggering                      transaction                 
 if possible        transaction                                                   
  using the                                                                       
  ISIN CODE                                                                       
                                                                                  
                Number      Number     Number   Number of voting   Percentage of  
                  of          of         of          rights            voting     
                Shares      Voting     shares                          rights     
                            Rights                                                
                                                                                  
                                       Direct    Direct  Indirect Direct  Indirect
                                                                                  
GB0032273343   1,450,955   1,450,955  Below 3%           Below 3%         Below 3%
                                                                                  
                (As on      (As on                                                
              07-10-2009) 07-10-2009)                                             
                                                                                  

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial       date          Conversion      rights that may be     voting  
 instrument                       Period          acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

  Type of    Exercise Expiration Exercise /  Number of voting    % of voting   
 financial    price      date    Conversion  rights instrument      rights     
 instrument                        period        refers to                     
                                                                               
                                                               Nominal   Delta 
                                                                               

Total (A+B+C)                                                                  
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
Below 3%                                Below 3%                               

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:

Legal & General Group Plc (Direct and Indirect) (Group)                        
                                                                               
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and   
Indirect)                                                                      
                                                                               
Legal & General Investment Management Limited (Indirect) (LGIM)                
                                                                               
    Legal & General Group Plc (Direct) (L&G) (Below 3% = LGAS, LGPL & PMC)     
                                                                               
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)     
                                                                               
Legal & General Insurance Holdings Limited (Direct) (LGIH)                     
                                                                               
Legal & General Assurance (Pensions Management) Limited (PMC)                  
                                                                               
Legal & General Assurance Society Limited (LGAS & LGPL)                        
                                                                               
Legal & General Pensions Limited (Direct) (LGPL)                               
                                                                               

Proxy Voting:


10. Name of the proxy holder:                                 City of London   
                                                              Investment       
                                                              Management       
                                                              Company Limited  
                                                                               
11. Number of voting rights proxy holder will cease to hold:                   
                                                                               
12. Date on which proxy holder will cease to hold voting                       
rights:                                                                        

13. Additional            Notification using the total voting rights figure of 
information:                                   20,768,043                      
                                                                               
14. Contact name:        Angela Hayter (LGIM)                                  
                                                                               
15. Contact telephone    [phone]                                         
number :