Interim Management Statement

Aberdeen New Dawn Invest Trust PLC 11 March 2008 Aberdeen New Dawn Investment Trust PLC Unaudited Interim Management Statement - 3 months to 31 January 2008 To the members of Aberdeen New Dawn Investment Trust PLC This unaudited interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or for any other purpose. This interim management statement relates to the period from 1 November 2007 to 31 January 2008, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified. Investment objective To provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan. Benchmark MSCI AC Asia Pacific ex Japan (Sterling adjusted). This benchmark includes Australia and New Zealand. Material events During the 3 month period to end January 2008, the Company purchased 432,731 Ordinary 25p shares for treasury. Since 31 January 2008 until the date of this announcement a further 35,000 Ordinary shares have been purchased for treasury. Accordingly, as at the date of this announcement, the Company's issued share capital is 24,919,402 Ordinary shares. The borrowings at the period end represented the equivalent of £9.7m drawn in Hong Kong Dollars. Subsequent to the period end the HKD borrowings of HKD150.1m were rolled forward for one month at an all in rate of 3.1%. For latest NAV and share price information please refer to the trust's website, www.newdawn-trust.co.uk. Ten largest equity holdings at 31 January 2008 % Aberdeen Global-India Opportunities* 13.1 Samsung Electronics Pref 4.8 Rio Tinto 3.7 Swire Pacific B 3.6 QBE Insurance 3.2 United Overseas Bank 3.2 Oversea-Chinese Banking Corp 3.1 Taiwan Semiconductor 2.7 Sun Hung Kai Properties 2.6 Ayala Land 2.6 __________ Total 42.6 __________ Total number of investments 54 __________ *excluded for the purposes of calculating the investment management fee. Country allocation as at 31 January 2008 Country % Singapore 20.5 Hong Kong 14.6 India 13.1 Korea 11.0 Australia 8.3 Taiwan 6.9 Thailand 5.3 China 5.2 Malaysia 3.9 Other Asia 3.2 Philippines 2.6 Indonesia 2.1 Sri Lanka 1.2 Pakistan 0.5 New Zealand 0.0 Cash 1.6 __________ Total 100.0 __________ General description of Company's financial position and performance as at 31 January 2008 £m Gross Assets 158.2 Debt 9.7 Prior charges - Gearing* 6.50% *Gearing is expressed as a percentage of gross assets divided by shareholders' funds Cumulative performance (%) as at 1 3 6 1 3 5 31/01/2008 month months months year years years Share Price 513.5 -9.4 -9.7 0.4 0.1 57.2 212.8 NAV 595.1 -9.7 -8.0 2.5 14.5 84.8 219.9 MSCI AC Asia Pacific ex Japan -12.4 -17.2 -1.0 18.9 82.2 188.8 Discrete performance (%) 31/01/2008 31/01/2007 31/01/2006 31/01/2005 31/01/2004 Share Price 0.1 6.0 48.1 17.2 69.9 NAV 14.5 10.8 45.7 11.5 55.3 MSCI AC Asia Pacific ex Japan 18.9 12.1 36.7 15.2 37.6 Total Return; NAV to NAV, Net Income Reinvested, GBP Source: Aberdeen Asset Managers Limited, Factset, Financial Times and Fundamental Data Please note that past performance is not necessarily a guide to the future and that the value of investments and the income from them may fall as well as rise. Investors may not get back the amount they originally invested. For Aberdeen New Dawn Investment Trust PLC Aberdeen Asset Management PLC, Secretary 11 March 2008 This information is provided by RNS The company news service from the London Stock Exchange
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