Baring Emerging Europe Plc - Holding(s) in Company

PR Newswire
London, December 1

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

Baring Emerging Europe PLC

2. Reason for the notification	State Yes/No
An acquisition or disposal of voting rights	X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): Reduction in company's issued share capital

3. Full name of person(s) subject to the notification obligation	Lazard Asset Management LLC
4. Full name of shareholder(s) (if different from 3.)	Bank of New York, Inc - Global Custody JP Morgan Chase - Swift Mellon Trust Northern Trust Co State Street Bank - Custodian State Street Bank - Master Tr State Street Bank - Custody Master Trust
5. Date of the transaction (and date on which the threshold is crossed or reached if different)	30 November 2016
6. Date on which issuer notified :	01 December 2016
7. Threshold(s) that is/are crossed or reached:	Decrease from 11% to 10%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB0032273343		1,744,904			1,737,404		10.955%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date	Exercise/Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Expiration date	Exercise / Conversion period	Number of voting rights instrument refers to		% of voting rights
						Nominal	Delta

Total (A+B+C)
Number of voting rights	% of voting rights
1,737,404	10.955%

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

Lazard Asset Management LLC controls all the voting rights held of this issuer.

Proxy Voting:

10. Name of the proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Legal & Compliance Department
15. Contact telephone number :	0207 448 2085