ASHMORE GLOBAL OPPORTUNITIES LTD - Compulsory Partial Redemption of Shares

  NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
   CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
       CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

        Ashmore Global Opportunities Limited ("AGOL" or the "Company")

     a Guernsey incorporated and registered limited liability closed-ended
 investment company with a Premium Listing of its US Dollar and Sterling share
                         classes on the Official List.

               Notice of Compulsory Partial Redemption of Shares

                                 16 April 2015

Notice of compulsory partial redemption of shares in Ashmore Global
Opportunities Limited (the "Company").

Further to the approval by the Company's shareholders of the winding down
proposals as described in the circular to shareholders on 20 February 2013 (the
"Circular") the Company today announces that it will return 80.36 pence and
81.70 US cents per GBP and USD share respectively on 1 May 2015 (the
"Redemption Date") by way of a compulsory partial redemption of shares (the
"Redemption") by reference to the 31 March 2015 NAV Calculation Date.

The Redemption will be effected pro rata to holdings of shares on the register
at the close of business on the Redemption Record Date, being 24 March 2015.
15.93 per cent. of the Company's issued share capital will be redeemed on the
Redemption Date (that is 15.93 Shares for every 100 GBP and USD shares held
respectively (the "Relevant Percentage")). Fractions of Shares will not be
redeemed and so the number of shares to be redeemed for each shareholder will
be rounded down to the nearest whole number of shares.

The amount to be applied to the partial redemption of shares comprises the
monies from the realisation of the Company's investments received up to and
including 31 March 2015 pursuant to the winding down of the Company.

As at today's date, the Company has 8,686,341 GBP ordinary shares and
11,183,642 USD ordinary shares. No shares are held in treasury. All of the
ordinary shares redeemed on the Redemption Date will be cancelled. A further
announcement will be released following the record date to confirm the new
number of shares in issue for each share class.

The existing ISINs numbers GG00BV0M1Q56 and GG00BV0M1R63 (the "Old ISINs") for
the Company's shares will expire on the Redemption Date (30 January 2015). The
new ISIN numbers GG00BWT5Y529 (GBP shares) and GG00BWT5Y743 (USD shares) (the
"New ISINs") in respect of the Company's shares (post the Redemption) will be
enabled from and including 1 May 2015. Up to the Redemption Date (but not
including the 1 May 2015), Shares will be traded under the Old ISIN. The
Redemption will be effected pro rata to holdings of shares on the register at
the close of business on the Redemption Record Date, being 24 March 2015.
Purchases of shares that were unsettled as at the close of business on the
Record Date, including trades arranged after the Record Date but before the
Redemption Date, will be transformed automatically by CREST and will settle
under the New ISINs with an accompanying delivery of cash though CREST in
respect of the redemption proceeds.

Payments of redemption monies are expected to be effected either through CREST
(in the case of shares held in un-certificated form) or by cheque (in the case
of shares held in certificated form) by 1 May 2015.

All Enquiries:

Andrew Maiden
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: [phone]

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