Fundsmith Emerging Equities Trust : Compliance with Market Abuse Regulation

Fundsmith Emerging Equities Trust plc

(the 'Company')

Compliance with Market Abuse Regulation

4 February 2020

The Company confirms that:

a) all inside information which the Directors and Company may have had has been notified to a Regulated Information Service ('RIS');

b) the Company's net asset value per share is calculated and announced through a RIS on a daily basis; and

c) the Company has no reason to believe that there will be any material difference between the net asset value per share as at close of business on 31 December 2019, which was announced on 2 January 2020, and the financial information to be published in the announcement of its annual results for the year ended 31 December 2019.

The Company is, therefore, not prohibited from dealing in its own securities during the closed period, as defined by the Market Abuse Regulation, which will end on the date of the publication of its annual results for the year ended 31 December 2019, expected to be on or after 5 March 2020.

For further information please contact:

Katherine Manson

Frostrow Capital LLP

Company Secretary

020 3709 8734