Directorate Change

Baring Emerging Europe PLC
27 January 2003



                            Appointment of a Director

Mr Steve Bates has today been appointed as a Director of Baring Emerging Europe
PLC with immediate effect.

The Company has been advised that Mr Bates is a director of the following
publicly quoted company:

Ollo Umbrella Fund PLC (incorporated in Ireland)

In addition Mr Bates was previously a director of the following publicly quoted
companies:

First Hungary Fund 
Fleming Poland Fund (In voluntary liquidation) 
Russia Securities Fund

There are no details required to be disclosed pursuant to paragraph
6.F.2(b)to(g) of the Listing Rules.
 
Enquiries:

Mike Nokes (Company Secretary)                 tel no. 020 7762 8405


                      This information is provided by RNS
            The company news service from the London Stock Exchange