Holding(s) in Company

Advance Developing Markets Fund Limited has received the following
notification of interest in its shares

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached (ii):   Advance Developing
Markets Fund Limited

2. Reason for the notification (please state Yes/No): (    )

An acquisition or disposal of voting rights: (   )

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

An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments (    )

An event changing the breakdown of voting rights: (      )

Other (please specify) : ( YES ) Liquidation of old security (SEDOL
0167499), and rollover to new security.


3. Full name of person(s) subject to the notification obligation
(iii):
Legal & General Group Plc (L&G)

4. Full name of shareholder(s) (if different from 3.) (iv):
Legal & General Assurance (Pensions Management) Limited (PMC)

5. Date of the transaction (and date on which the threshold is
crossed or  reached) (v):
11 November 2009

6. Date on which issuer notified:
12 November 2009

7. Threshold(s) that is/are crossed or reached (vi, vii):
Above 3% (L&G)

8. Notified details:


A: Voting rights attached to shares (viii, ix)


Class/type of shares if        Situation previous to the Triggering
possible using the ISIN CODE                transaction
                              Number of shares     Number of voting
                                                   Rights
ORD                           First notification as anew company,
                              previously disclosed at 3.97 (2,585,710
GBP 0.01                      shares) in old company.




Resulting situation after the triggering transaction


Class/type of shares if    Number of Number of voting % of voting
possible using the ISIN    shares    rights           rights
CODE
                           Direct    Direct Indirect  Direct Indirect
                                     (xi)   (xii)
ORD                        2,520,607        2,520,607 3.82%

GBP 0.01


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction


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




C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi


Resulting situation after the triggering transaction
Type of    Exercise Expiration Exercise/  Number of     % of voting
financial  price    date xvii  Conversion voting rights rights xix,
instrument                     period     instrument    xx
                               xviii      refers to

                                                        Nominal Delta





Total (A+B+C)

Number of voting rights % of voting rights
2,520,607               3.82%


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

Legal & General Group Plc (Direct and Indirect)
(Group)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
 Legal & General Group Plc (Direct) (L&G) (2,520,607 -3.82 % = LGAS,
                             LGPL & PMC)
Legal & General Investment           Legal & General Insurance
Management (Holdings) Limited        Holdings Limited (Direct) (LGIH)
(Direct) (LGIMHD) (2,322,221 -3.52 %
= PMC)
Legal & General Assurance (Pensions  Legal & General Assurance
Management) Limited  (PMC)           Society Limited  (LGAS & LGPL)
(2,322,221 -3.52 % = PMC)
                                     Legal & General Pensions Limited
                                     (Direct)  (LGPL)


Proxy Voting:

10. Name of the proxy holder:
N/A

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

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

13. Additional information:
Notification using the total voting rights figure of 65,940,247

14. Contact name:
Helen Lewis (LGIM)

15. Contact telephone number:
020 3124 3851

Enquiries:

Name of person making this announcement on behalf of Advance
Developing Markets Fund Limited

Mr Russell Scott

Tel: [phone]

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solely responsible for the content of this announcement.