Result of Issue

Aberdeen Asian Income Fund Limited
20 December 2005

                                20 December 2005

                       ABERDEEN ASIAN INCOME FUND LIMITED
                                (THE 'COMPANY')

            RESULT OF ISSUE, ADMISSION AND COMMENCEMENT OF DEALINGS

The Board is pleased to announce that 97,776,550 Ordinary Shares and 3,736,380
Warrants have been issued to investors through the Enlarged Placing and
12,223,450 Ordinary Shares and 330,340 Warrants have been issued to applicants
under the Enlarged Offer.

Aberdeen Asset Management plc and Intelli Corporate Finance Limited, who jointly
underwrote the issue of the Warrants available pursuant to the Enlarged Placing
and Enlarged Offer, each subscribed for 3,466,640 Warrants in accordance with
the terms of the Placing and Offer Agreement (as amended to take account of the
Enlarged Issue).  A further 11,000,000 Warrants have been issued to Aberdeen
Asset Management plc pursuant to the Warrant Agreement (as amended to take
account of the Enlarged Issue).

The Company has issued, therefore, 110,000,000 Ordinary Shares and 22,000,000
Warrants pursuant to the Enlarged Issue, all of which were admitted to the
Official List and to trading on the London Stock Exchange's Main Market at 8.00
a.m. this morning.

Enquiries

Richard Plaskett         Aberdeen Asset Management plc            020 7463 6000

Gordon Neilly/           Intelli Corporate Finance Limited        020 7653 6320/
Darren Willis/                                                    020 7653 6308/
Andrew Worne                                                      020 7653 6336

Notes

Words and expressions defined in the prospectus relating to the Company dated 28
November 2005 and/or the supplementary prospectus relating to the Company dated
15 December 2005 have the same meanings when used in this announcement unless
the context requires otherwise.

Intelli Corporate Finance Limited, which is authorised and regulated in the
United Kingdom by the Financial Services Authority, is acting for Aberdeen Asian
Income Fund Limited and for no one else in connection with the Issue and will
not be responsible to anyone other than Aberdeen Asian Income Fund Limited for
providing the protections afforded to clients of Intelli Corporate Finance
Limited or for affording advice in relation to the Issue and any related
matters.


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