Announcement re possible C Share Issue

RNS Number : 5602M

Aberdeen Asian Income Fund Limited

18 September 2012

 



18 September 2012

Aberdeen Asian Income Fund Limited (the "Company")

The Company has outperformed its peers in the Asia Pacific Income and the broader Asia Pacific Growth (including and excluding Japan) sectors over the last 1, 3 and 5 years on a NAV total return basis (source: Morningstar).  Despite periods of great market volatility and uncertainty since September 2008, the Company's rating has proved extremely resilient over this period.  With high levels of market demand resulting in the Ordinary shares trading at an average premium of approximately 5.0% (source: Datastream) to their underlying NAV (notwithstanding frequent tap issuance) over the last 12 months the Board is now considering ways in which this demand can be satisfied by further issues of new shares, including a possible issue of C shares.  A further announcement will be made in due course. 

Enquiries: 

William Hemmings / Gary Jones, Aberdeen Asset Managers Limited 020 7463 6000 

Sue Inglis, Cantor Fitzgerald Europe, [phone] 

Chris Whittingslow, Cantor Fitzgerald Europe [phone]

 

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