Holding(s) in Company

Ashmore Group PLC
21 May 2007



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES



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

Ashmore Group plc



2. Reason for the notification (please place an X inside the appropriate bracket
/s):



An acquisition or disposal of voting rights: (X)



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 obligation:

FMR Corp



4. Full name of shareholder(s) (if different from 3.):

See attached schedule



5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

16 May 2007



6. Date on which issuer notified:

18 May 2007



7. Threshold(s) that is/are crossed or reached:

5%



8. Notified details:



A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the Triggering transaction
using the ISIN CODE
                                  Number of shares                   Number of voting Rights


ISIN GB00B132NW22                     35,382,317                          35,382,317





Resulting situation after the triggering transaction


Class/type of shares if      Number of shares         Number of voting rights           % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect


ISIN GB00B132NW22                                                   35,639,517                     5.02%



B: Financial Instruments

Resulting situation after the triggering transaction


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





Total (A+B)
Number of voting rights        % of voting rights


      35,639,517                       5.02%



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

See attached schedule



Proxy Voting:



10. Name of the proxy holder:

FMR Corp



11. Number of voting rights proxy holder will acquire to hold:

257,200



12. Date on which proxy holder will acquire to hold voting rights:

18 May 2007



13. Additional information:





14. Contact name:

Teresa Garry



15. Contact telephone number:

Fil-regulatory [e-mail]


FMR

Issuer name:                                       ASHMORE GROUP PLC
Current ownership percentage:                       5.02%
Total Shares Held                                             35,639,517
Issued share capital:                                         708,925,000


FMR Corp is the parent     SHARES HELD                       NOMINEE                  MANAGEMENT COMPANY
holding company of
Fidelity Management &
Research Company (FMRCO),
Investment manager for US          3,014,006 STATE STREET BANK AND TR CO              FMTC
mutual funds, and Fidelity
Management Trust Company             530,653 MELLON BANK N.A.                         FMTC
(FMTC), a US state
chartered bank which acts          5,831,300 MELLON BANK N.A.                         FMRCO
as a trustee or investment
manager of various pension         4,310,800 JPMORGAN CHASE BANK                      FMTC
and trust accounts.
                                  21,695,558 BROWN BROTHERS HARRIMAN AND CO           FMRCO

                                     257,200 JPMORGAN, BOURNEMOUTH                    FISL










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