The Board of Ashmore Group plc announced that Graeme Dell has stepped down from the Ashmore Group plc Board of Directors, effective November 25, 2013, in order to be able to pursue other business opportunities. Graeme will remain employed by the Group until 30 April 2014 to enable a thorough and orderly handover of his responsibilities. Tom Shippey ACA, currently Ashmore's Head of Corporate Development, has been appointed Group Finance Director and has joined the Board to succeed Graeme.

The necessary regulatory approvals are being sought in relation to these changes.