Transaction in Own Shares

    Baring Emerging Europe PLC announces that today it purchased 5,000 of its own
    ordinary shares of 10p each at a price of £4.37 per ordinary share. These
    shares will be cancelled.

    Following the transaction, the Company's issued ordinary share capital is
    16,980,245 (excluding treasury shares) and 20,298,452 (including treasury
    shares) ordinary shares of 10p each. The total number of treasury shares held
    by the Company is 3,318,207.

    13 January 2016