Results of AGM and General Meeting

16 February 2012

                  Baring Emerging Europe PLC (the "Company")                   

                      Results of AGM and General Meeting                       

At the Annual General Meeting of the Company held on 16 February 2012 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, and to purchase its own shares.

In addition, at the General Meeting of the Company held on 16 February 2012 the
special resolution to approve the repurchase of shares by the Company in
connection with the Tender Offer, as described in the circular to shareholders
dated 18 January 2012, was duly approved.

A copy of the resolutions passed at the Annual General Meeting, other than the
resolutions relating to the ordinary business of the Annual General Meeting,
and a copy of the special resolution passed at the General Meeting have been
submitted to the National Storage Mechanism located at http://www.hemscott.com/
nsm.do.

Contact:

Baring Emerging Europe PLC
Mike Nokes: 020 7982 1260