Result of AGM

BARING EMERGING EUROPE PLC ("the Company")

AGM Resolutions

At the Annual General Meeting of the Company held on 15 January 2008 all the
resolutions that were proposed were duly approved. The resolutions approved
included resolutions to authorise the Company to issue Shares, including shares
held in treasury, at a price not less than net asset value per share at the
close of business on the business day which is two business days immediately
preceding the day on which the agreement to issue such shares is made, and to
purchase its own shares.

Copies of the resolutions passed at the Meeting, other than the resolutions
relating to the ordinary business of an annual general meeting, have been
submitted to the UK Listing Authority and will be shortly available for
inspection at the UK Listing Authority's Document Viewing Facility, which is
situated at the Financial Services Authority, 25 The North Colonnade, Canary
Wharf, London E14 5HS.

Contact:

Baring Emerging Europe PLC

Mike Nokes: 020 7982 1260