Holding(s) in Company

Ashmore Group PLC
09 May 2007



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Ashmore Group plc



2. Reason for the notification (please place an X inside the appropriate 
bracket/s):



An acquisition or disposal of voting rights: (X)



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (    )



An event changing the breakdown of voting rights: (    )



Other (please specify): (    )

.................



3. Full name of person(s) subject to the notification obligation:

FMR Corp



4. Full name of shareholder(s) (if different from 3.):

See attached schedule



5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

3 May 2007



6. Date on which issuer notified:

8 May 2007



7. Threshold(s) that is/are crossed or reached:

5%



8. Notified details:



A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the Triggering transaction
using the ISIN CODE
                                  Number of shares                   Number of voting Rights


        ISIN GB00B132NW22            35,591,817                          35,591,817





Resulting situation after the triggering transaction


Class/type of shares if      Number of shares         Number of voting rights           % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect


     ISIN GB00B132NW22                                              35,382,317                       4.99%



B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration Date      Exercise/Conversion       Number of voting rights     % of voting rights
financial                            Period/ Date              that may be acquired if the
instrument                                                     instrument is exercised/
                                                               converted.





Total (A+B)
Number of voting rights        % of voting rights


    35,382,317                       4.99%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

See attached schedule



Proxy Voting:



10. Name of the proxy holder:

FMR Corp



11. Number of voting rights proxy holder will cease to hold:

209,500



12. Date on which proxy holder will cease to hold voting rights:

3 May 2007



13. Additional information:





14. Contact name:

Teresa Garry



15. Contact telephone number:

Fil-regulatory [e-mail]



Annex to Notification Of Major Interests In Shares



A: Identity of the person or legal entity subject to the notification obligation



Full name (including legal form for legal entities):

FMR Corp



Contact address (registered office for legal entities):

82 Devonshire Street, Boston, MA, 02109 USA



Phone number:

01737 837092



Other useful information (at least legal representative for legal persons):

Company Secretary



B: Identity of the notifier, if applicable



Full name:

Fidelity Investments International



Contact address:

Windmill Court XTW2B, Millfield Lane, Lower Kingsworth, Tadworth, Surrey KT20
6RB



Phone number:

01737 837092



Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

Authorised to make this filing under power of attorney



C: Additional information:

See below


FMR

Issuer name:                                       ASHMORE GROUP PLC
Current ownership percentage:                          4.99%
Total Shares Held                                      35,382,317
Issued share capital:                                  708,925,000


FMR Corp is the parent holding company of Fidelity Management & Research Company
(FMRCO), Investment manager for US mutual funds, and Fidelity Management Trust
Company (FMTC), a US state chartered bank which acts as a trustee or investment
manager of various pension and trust accounts.

                             SHARES             NOMINEE     MANAGEMENT
                             HELD                           COMPANY
                                                                                                                        
                                                                                                                        
                             3,014,006          STATE       FMTC  
                                                STREET
                                                BANK AND
                                                TR CO

                                                                                                                        
                             530,653            MELLON      FMTC
                                                BANK
                                                N.A.
                                                                                                                        
                                                                                                                        
                             5,831,300          MELLON      FMRCO
                                                BANK
                                                N.A.
                                                                                                                        
                                                                                                                        
                             4,310,800         JPMORGAN     FMTC
                                               CHASE
                                               BANK
                                                                                                                        
                                                                                                                        
                             21,695,558        BROWN        FMRCO
                                               BROTHERS
                                               HARRIMAN
                                               AND CO










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