Portfolio Update

Aberdeen Asian Income Fund Limited
30 January 2006

ABERDEEN ASIAN INCOME FUND LIMITED (the 'Company')



Following the recently announced drawdown of HKD137,675,000 (c. GBP10m) under
the Company's GBP30m committed revolving credit facility with Barclays Bank plc,
the Company's equity investments as at 25 January 2006 totalled approximately
GBP112.6m whilst fixed income investments totalled approximately GBP3.6m. There
remains approximately GBP4.5m in cash available for investment prior to any
further debt drawdown. Accordingly, gross assets total GBP120.7m with net assets
totalling some GBP110.7m giving rise to a net asset value per share of 100.55p
(prepared in accordance with AITC guidance).





TOP TWENTY INVESTMENTS


As at 25 January 2006






                                  Valuation           Total
                                                      portfolio

Company                             GBP'000                   %

SIAM CEMENT                           5,756                4.77

TELSTRA CORPORATION                   5,175                4.29

TAIWAN SEMICONDUCTOR                  4,993                4.13

BRITISH AMERICAN TOBACCO              4,898                4.06

CLP HOLDINGS                          4,751                3.93

TELECOM CORP OF NEW ZEALAND           4,747                3.93

COMMONWEALTH BANK OF AUSTRALIA        4,598                3.81

TAIWAN MOBILE                         4,370                3.62

FUBON FINANCIAL                       4,346                3.60

MALAYAN BANKING                       4,193                3.47

Top ten investments                  47,827               39.61

PTT EXPLORATION & PRODUCTION          4,033                3.34

PUBLIC BANK BERHAD                    3,972                3.29

AUSTRALIA & NEW ZEALAND BANK GROUP    3,929                3.25

PETROCHINA                            3,669                3.04

SINGAPORE TECHNOLOGIES ENGINEERING    3,406                2.82

OVERSEA-CHINESE BANKING CORP          3,246                2.69

QANTAS AIRWAYS                        3,207                2.66

SWIRE PACIFIC                         3,183                2.64

UNITED OVERSEAS BANK                  3,150                2.61

INDONESIA GOVERNMENT 10% FR25 15/10/11 IDR    2,672        2.21

Top twenty investments               82,295               68.16




Total portfolio                     120,749


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