GSS: Genesis Emerging Markets Fund Ld: Holding(s) in Company

  GSS: Genesis Emerging Markets Fund Ld: Holding(s) in Company

UK Regulatory Announcement

LONDON

For filings with the FSA include the annex                                 
For filings with issuer exclude the annex
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES^i
                                                          
1. Identity of the issuer or the underlying issuer       Genesis Emerging
of existing shares to which voting rights are            Markets Fund
attached: ^ ii                                           Limited
2 Reason for the notification (please tick the appropriate box or boxes):    
An acquisition or disposal of voting rights                                 X
An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights    
are attached
An acquisition or disposal of instruments with similar economic effect to    
qualifying financial instruments
An event changing the breakdown of voting rights                             
Other (please                                                                
specify):
3. Full name of person(s) subject to the      BlackRock, Inc.
notification obligation: ^ iii
4. Full name of shareholder(s)                 
(if different from 3.):^iv
5. Date of the transaction and date on
which the threshold is crossed or             31^st July 2012
reached:  ^v
6. Date on which issuer notified:             2^nd August 2012
7. Threshold(s) that is/are crossed or        Holding has gone above 23%
reached: ^vi, vii

8. Notified details:
A: Voting rights attached to shares ^viii, ix
Class/type     Situation previous
of             to the triggering              Resulting situation after the triggering transaction
shares         transaction

if possible    Number          Number         Number        Number of voting       % of voting rights
using          of              of             of shares     rights                 ^x
the ISIN       Shares          Voting         Direct        Direct    Indirect     Direct    Indirect
CODE                           Rights                       ^xi       ^xii
GG00B4L0PD47   30,846,265      30,846,265     N/A           N/A       32,046,749   N/A       23.74%
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
                                                                   Number of voting
                                           Exercise/               rights that may be
Type of financial        Expiration        Conversion Period       acquired if the        % of voting
instrument               date ^xiii        ^xiv                    instrument is          rights
                                                                   exercised/
                                                                   converted.
                                                                                           
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^xv, xvi
Resulting situation after the triggering transaction
Type of                                            Exercise/    Number of voting
financial           Exercise         Expiration    Conversion   rights instrument     % of voting
instrument          price            date ^xvii    period       refers to             rights ^xix, xx
                                                   ^xviii
                                                                                      Nominal   Delta
                                                                                                 
 
Total (A+B+C)
Number of voting rights                                     Percentage of voting rights
32,046,749                                                  23.74%

9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: ^xxi
BlackRock Investment Management (UK) Limited – 32,046,749 (23.74%)
 
Proxy Voting:
10. Name of the proxy holder:                                      
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:          BlackRock International Threshold
                                     Reporting Team
14. Contact name:                    William Graham
15. Contact telephone                020 7743 1459
number:

Contact:

Genesis Emerging Markets Fund Ld