Major interests in shares

Ashmore Group PLC
27 February 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: (    )



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: (  X  )



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):

Revised due to DTR rules



6. Date on which issuer notified:

26 February 2007



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

N/A



8. Notified details


A: Voting rights attached to shares
Class/type of shares                                          Situation previous to the Triggering transaction Resulting
situation after the triggering transaction
if possible using the ISIN CODE
                                                              Number of  Shares   Number of  Voting Rights     Number of
      Shares Number of  Voting Rights % of Voting rights
                                                                                                               Direct   
             Direct     Indirect      Direct   Indirect
ISIN GB00B132NW22                                             36,600,724          36,600,724                            
                        36,600,724             5.16%


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument Expiration Date Exercise/Conversion Period/ Date   Number of Voting Rights that may be 
acquired if the instrument is exercised/ converted.               % of Voting Rights



Total (A+B)
Number of Voting Rights                                      % of Voting Rights
36,600,724                                                   5.16%


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 cease to hold:

N/A



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

N/A



13. Additional information:

As discussed with the FSA, prior to the implementation of the EU transparency
directive, we aggregated the interests in shares of FMR Corp (FMR) and Fidelity
International limited (FIL) together for the purposes of shareholder reporting.



According to the new DTR rules we are now reporting the indirect holdings of FMR
and FIL separately.



A separate notification is being submitted for FIL. Please note these holdings
are correct as of close of business 22 February 2007.



14. Contact name:

Teresa Garry



15. Contact telephone number:

01737 837092


Annex to Notification of Major Interests in Shares

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal          FMR CORP
entities):

Contact address (registered office for legal       82 Devonshire Street, Boston MA, 02109 USA
entities):
Phone number:                                      01737 837092
Other useful information (at least legal           Company Secretary
representative for legal persons):



B: Identity of the notifier, if applicable
Full name:                                         Fidelity Investments
Contact address:                                   Windmill Court XTW2B, Millfield Lane, Lower
                                                   Kingswood, Tadworth, Surrey KT20 6RB
Phone number:                                      01737 837092
Other useful information (e.g. functional          Authorised to make this filing under power of
relationship with the person or legal entity       attorney
subject to the notification obligation):




C: Additional information:



As discussed with the FSA, prior to the implementation of the EU Transparency
Directive, we aggregated the interests in shares of FMR Corp (FMR) and Fidelity
International Limited (FIL) together for the purposes of shareholder reporting.

According to the new DTR rules we are now reporting the indirect holdings of FMR
and FIL separately. A separate notification is being submitted for FIL. Please
note these holdings are correct as of close of business 22 February 2007.


FMR

Issuer name:                                ASHMORE GROUP PLC
Current ownership percentage:               5.16%
Total Shares Held                           36,600,724
Issued share capital:                       708,925,000


FMR Corp is the parent holding company of Fidelity Management & Research Company
(FMRCO), Investment manager for US mutual funds, and Fidelity Management Trust
Company (FMTC), a US state chartered bank which acts as a trustee or investment
manager of various pension and trust accounts. 


      SHARES HELD      NOMINEE                           MANAGEMENT COMPANY
      3,014,006        STATE STREET BANK AND TR CO       FMTC
      530,653          MELLON BANK N.A.                  FMTC
      5,331,300        MELLON BANK N.A.                  FMRCO
      4,310,800        JPMORGAN CHASE BANK               FMTC
      863,485          CITIBANK NA                       FMRCO
      22,550,480       BROWN BROTHERS HARRIMAN AND CO    FMRCO





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