Quarterly AuM Statement

Ashmore Group PLC
17 July 2007





Ashmore Group plc

0700 17 July 2007


TRADING UPDATE AND ASSETS UNDER MANAGEMENT STATEMENT


Ashmore Group plc ('Ashmore', 'the Group'), a leading specialist emerging
markets asset manager, announces today the following trading update and assets
under management ('AuM') statement in respect of the three month period ended 30
June 2007.


Assets under Management

                                   Actual             Estimated
Theme                                 AuM                   AuM        Movement
                    31 March 2007 (US$bn)          30 June 2007
                                                        (US$bn)             (%)
US Dollar                            20.1                  21.2               5
Local Currency                        4.2                   5.0              19
Special Situations                    3.2                   3.4               6
Equity                                1.7                   2.0              18
Total                                29.2                  31.6               8



During the three month period ended 30 June 2007, the Group continued to
experience a good level of demand for its products, attracting net subscriptions
totalling US$2.3bn across its investment themes. Approximately half of the net
subscriptions represented inflows generated through investments into the Group's
Multi Strategy funds which invest across the Group's investment themes. These
include subscriptions into a new fund launched in April 2007 targeting retail
investors in Japan which raised US$1.0bn, continuing the Group strategy of
diversification.

During the financial year ended 30 June 2007, AuM increased by US$11.5bn (57%)
from US$20.1bn at 30 June 2006 to US$31.6bn at 30 June 2007. Net subscriptions
in the same period were US$8.3bn and investment performance contributed
US$3.2bn.

Net performance fees recognised in the six month period to 30 June 2007 are
estimated to be £12.2m, and were generated across all of the Group's investment
themes.

The Group remains focused on delivering long term investment out-performance,
generating net management fee income through the attraction of net subscriptions
across all of its investment themes and developing the Ashmore brand and
business model. Despite recent market volatility, trading conditions across the
Group's investment themes during the last quarter of the 2007 financial year and
into the start of the 2008 financial year remain in line with management
expectations. The Group continues to believe that strong macro-economic,
demographic and political factors, together with enhanced liquidity, index
re-weighting and credit worthiness in the Group's markets will continue to
underpin growth across emerging market asset classes.

Ashmore will announce its preliminary results in respect of the financial year
to 30 June 2007 at 0700 on 12 September 2007. There will be a presentation for
analysts and investors at 0930 on that date at the offices of Goldman Sachs at
Peterborough Court, 133 Fleet Street London EC4A 2BB. A copy of the presentation
will be made available on the Group's website at www.ashmoregroup.com.



For further information, please contact;

Ashmore Group plc [phone]
Jim Pettigrew [phone]
Chief Operating and Financial Officer


Penrose Financial+44 20 7786 4888
Gay Collins [phone]





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