Result of EGM and AGM

Genesis Emerging Markets Fund Limited
("the Fund")

30th October 2009

Results of Extraordinary General Meeting

The Board of the Fund announces that at the Extraordinary General Meeting held on 30th October 2009, the special
resolutions containing proposals for a share split, redenomination of share capital, amendments to the Memorandum and
adoption of new Articles of Incorporation were duly passed.

The Fund's participating shares will be redominated and commence trading in redenominated form on the London Stock
Exchange at 8.00 a.m. on 2nd November 2009.

Voting Rights and Capital

As of 2nd November 2009, the Fund's capital will consist of 134,963,060 ordinary shares  with voting rights. Therefore,
the total number of voting rights in  the Fund is 134,963,060.

The  above  figure (134,963,060) may be used by shareholders as the  denominator for the calculations by which they will
determine if they are required to notify their  interest  in, or a change to their  nterest in the Fund under  the
FSA's Disclosure and Transparency Rules.

Results of Annual General Meeting

The  Board  also  announces that all resolutions proposed at the Annual  General Meeting of the Fund held on 30th
October 2009 were duly passed.

Changes of Director

As foreshadowed in the Fund's Annual Report, following the Annual General Meeting, Jeremy Paulson-Ellis has retired from
the Board with immediate effect. The Board wishes to express their gratitude to Mr. Paulson-Ellis for his contribution
to the strong reputation and continued success of the Fund.
Throughout his tenure as a Director, his extensive knowledge of - and long experience in - developing countries has
enabled him to act as a source of invaluable advice and guidance.

The Board is pleased to announce the appointment of Dr. John Llewellyn as a Director effective immediately following the
Annual General Meeting, subject to regulatory consent. Dr. Llewellyn is the founder of Llewellyn Consulting, a
London-based consultancy specialising in macroeconomics and environmental economics.  From 1995 to 2008 he was Global
Chief Economist and then Senior Economic Policy Advisor at Lehman Brothers. Previously he spent seventeen years at the
OECD in Paris: in charge of international economic forecasting and policy analysis and, latterly, as Head of the
Secretary-General's Private Office (Chief of Staff). Prior to that Dr. Llewellyn spent ten years in academia (University
of Cambridge).

Enquiries

Angus Gordon Lennox / William Simmonds - 020 7588 2828
J.P. Morgan Cazenove

Coen Teulings (Chairman) - 020 7201 7200
Genesis Emerging Markets Fund Limited

Jonathan Snow - 020 7201 7200
Genesis