Director/PDMR Shareholding

Ashmore Group PLC
18 September 2007

Notification of Transactions by Directors/Persons Discharging Managerial
Responsibility and Connected Persons



All relevant boxes should be completed in block capital letters.  

1.      Name of the issuer                            2.     State whether the notification relates to (i)
                                                             a transaction notified in accordance with DTR
                                                             3.1.2 R, (ii) a disclosure made in accordance
                                                             with LR 9.8.6R (1), or (iii) a disclosure
                                                             made in accordance with section 793 of the
                                                             Companies Act (2006).



                                                             DTR 3.1.2(R)
        ASHMORE GROUP PLC

3.      Name of person discharging managerial         4.     State whether notification relates to a
        responsibilities/director                            person connected with a person discharging
                                                             managerial responsibilities/director named in
                                                             3 and identify the connected person

                                                             NO
        SEUMAS DAWES

5.      Indicate whether the notification is in       6.     Description of shares (including class),
        respect of a holding of the person referred          debentures or derivatives or financial
        to in 3 or 4 above or in respect of a                instruments relating to shares
        non-beneficial interest

        IN RESPECT OF A HOLDING OF SEUMAS DAWES
                                                             ORDINARY SHARES OF 0.01P

7.      Name of registered shareholder(s) and, if     8.     State the nature of the transaction
        more than one, the number of shares held by
        each of them

        SEUMAS DAWES
                                                             DISPOSAL OF SHARES 

9.      Number of shares, debentures or financial     10.    Percentage of issued class acquired (treasury
        instruments relating to shares acquired              shares of that class should not be taken into
                                                             account when calculating percentage)
        N/A
                                                             N/A

11.     Number of shares, debentures or financial     12.    Percentage of issued class disposed (treasury
        instruments relating to shares disposed              shares of that class should not be taken into
                                                             account when calculating percentage)

                                                             0.99%
        7,000,000

13.     Price per share or value of transaction       14.    Date and place of transaction

                                                             17 SEPTEMBER 2007, LONDON STOCK EXCHANGE
        240 PENCE

15.     Total holding following notification and      16.    Date issuer informed of transaction
        total percentage holding following
        notification (any treasury shares should not
        be taken into account when calculating
        percentage)

        21,440,000
        3.02%                                                17 SEPTEMBER 2007


If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes

17.     Date of grant                                 18.    Period during which or date on which
                                                             exercisable

                                                             N/A
        N/A

19.     Total amount paid (if any) for grant of the   20.    Description of shares or debentures involved
        option                                               (class and number)

        N/A                                                  N/A

21.     Exercise price (if fixed at time of grant) or 22.    Total number of shares or debentures over
        indication that price is to be fixed at the          which options held following notification
        time of exercise

        N/A                                                  N/A

23.     Any additional information                    24.    Name of contact and telephone number for
                                                             queries

                                                             MARK GRIMWOOD, COMPANY SECRETARY
        N/A                                                  020 7557 4100


Name of authorised official of issuer responsible for making notification

MARK GRIMWOOD

Date of notification             18 SEPTEMBER 2007







                      This information is provided by RNS
            The company news service from the London Stock Exchange