Transaction in Own Shares

Transaction in Own Shares

Baring Emerging Europe PLC announces that today it purchased 117,000 of its own
ordinary shares of 10p each at a price of £6.8557 per ordinary share. These
shares will be cancelled.

Following the transaction, the Company's issued ordinary share capital is
24,224,043 (excluding treasury shares) and 27,542,250 (including treasury
shares) ordinary shares of 10p each. The total number of treasury shares held
by the Company is 3,318,207.

31 October 2012