Transaction in Own Shares

Announcement: transactions in own shares

Baring Emerging Europe PLC (the Company) announces today it has purchased the following number of its ordinary shares of 10 pence each on the London Stock Exchange from J.P. Morgan Securities plc.

Ordinary Shares:

Ordinary Shares:                                                                                   Baring Emerging Europe

Date of purchase:                                                                                             29/7/16
Number of ordinary shares purchased:                                                                9,049
Lowest price per share:                                                                                     570.5
Highest price per share:                                                                                     572
Trading venue:                                                                                                  LSE
Aggregate volume per trading venue:                                                                  9,049
Weighted average price per trading venue:                                                          571.38
Discount @ close:                                                                                            15.56%

The Company intends to cancel the purchased shares.

Following the above transaction, the Company holds 3,318,207 of its ordinary shares in treasury and has 16,817,396 ordinary shares in issue (excluding treasury shares).