Correction : Net Asset Value(s)

Capital Only Net Asset Value was incorrectly stated as 541.77p and should have 
 been 560.89p. All other details remain the same.   
             

                          Baring Emerging Europe PLC                           

At the close of business on 2 February 2015, the unaudited net asset value per
ordinary share, valued on a bid price basis:

Capital only net asset value      560.89p

Net asset value including income  562.17p