Holding(s) in Company

Aberdeen Asian Income Fund Limited
19 March 2007

                                                                      APPENDIX 3


TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1).      Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

            Aberdeen Asian Income Fund Limited

2.         Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: No

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: No

Other: Initial Notification under Transparency Directive

3.         Full name of person(s) subject to the notification obligation (iii):

            HBOS plc

4.         Full name of shareholder(s) (if different from 3.) (iv):

           Insight Investment Management (Global) Limited * ('IIMGL') (Indirect)

5.         Date of the transaction and date on which the threshold is crossed or
  reached (v):

            n/a

6.         Date on which issuer notified:

           16 March 2007

7.         Threshold(s) that is/are crossed or reached:

           10%

8.         Notified details:

           n/a


A: Voting rights attached to shares

Class/type of shares if possible      Situation previous to the          Resulting situation after the
using the ISIN CODE                  Triggering transaction (vi)         triggering  transaction (vi)
Ord NPV Shares                             Number of shares             Number of voting Rights (viii)

                                                 n/a                                  n/a
ISIN GB00B0P6J834


Resulting situation after the triggering transaction (vii)


Class/type of shares if          Number of shares       Number of voting rights (ix)       % of voting rights
possible using the ISIN CODE
Ord NPV Shares                          5              Direct (x)     Indirect (xi)       Direct      Indirect

                                                           5            11,006,000          n/a       10.005%
ISIN GB00B0P6J834


B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.

n/a             n/a                   n/a                       n/a                         n/a


Total (A+B)

Number of voting rights         % of voting rights

11,006,005                      10.005%


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

Insight Investment Management (Global) Limited* ('IIMGL') (Indirect) 11,000,000
(10.00%)

Proxy Voting:

10.    Name of the proxy holder:

       n/a

11.    Number of voting rights proxy holder will cease to hold:

       n/a.

12.    Date on which proxy holder will cease to hold voting rights:

       n/a.

13.    Additional information:

       Notification using the total voting rights figure of 110,000,000.
       First notification under DTR Sourcebook

14.    Contact name:

       Charles Mearns, Aberdeen Asset Managers Ltd

15.    Contact telephone number:

       0131 313 6442




                      This information is provided by RNS
            The company news service from the London Stock Exchange