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	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):  Reduction in company’s issued share capital

3. Full name of person(s) subject to the notification obligation	Lazard Asset Management LLC
4. Full name of shareholder(s) (if different from 3.)	Bank of New York, Inc – Global Custody JP Morgan Chase - Swift Mellon Trust Northern Trust Co Bank of New York, Inc – Dir Personal State Street Bank – Master Tr - ETC State Street Bank – Custody Master Trust
5. Date of the transaction (and date on which the threshold is crossed or reached if different)	31 January 2017
6. Date on which issuer notified :	01 February 2017
7. Threshold(s) that is/are crossed or reached:	Decrease from 10% to 9%

  8. Notified details:

A: Voting rights attached to shares

Class/type of shares  if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB0032273343		1,718,115			1,457,090		9.188%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

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

Resulting situation after the triggering transaction

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

Total (A+B+C)
Number of voting rights	% of voting rights
1,457,090	9.188%

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

Lazard Asset Management LLC controls all the voting rights held of this issuer.

Proxy Voting:

 

10. Name of the proxy holder:	N/A
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 information:
14. Contact name:	Legal & Compliance Department
15. Contact telephone number :	0207 448 2085