Result of AGM

BARING EMERGING EUROPE PLC ("the Company")

AGM Resolutions

At the Annual General Meeting of the Company held on 13 January 2009 all the
resolutions that were proposed were duly approved. The resolutions approved
included resolutions to authorise the Company to issue shares, including shares
held in treasury, at a price not less than net asset value per share at the
close of business on the business day which is two business days immediately
preceding the day on which the agreement to issue such shares is made, and to
purchase its own shares.

Copies of the resolutions passed at the Annual General Meeting, other than the
resolutions relating to the ordinary business of an annual general meeting,
have been submitted to the UK Listing Authority and will be shortly available
for inspection at the UK Listing Authority's Document Viewing Facility, which
is situated at the Financial Services Authority, 25 The North Colonnade, Canary
Wharf, London E14 5HS.

13 January 2009

Contact:

Baring Emerging Europe PLC

Mike Nokes: 020 7982 1260