Interim Management Statement

Aberdeen New Dawn Invest Trust PLC 30 August 2007 Aberdeen New Dawn Investment Trust PLC Unaudited Interim Management Statement - 3 months to 31 July 2007 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 May 2007 to 31 July 2007, 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 period and subsequently global markets have experienced a degree of turmoil triggered by concerns over the quality of U.S. sub-prime mortgages and various debt structures sold to investors throughout the world. The Company's strategy remains unchanged: it continues to invest in quality companies with strong balance sheets, run by experienced and trustworthy management, and the region still boasts very strong growth rates. In many ways the Manager regards the correction in markets as fundamentally healthy after their prolonged rise. Importantly the Manager has confirmed that the Company's holdings' exposure to US sub-prime debt and CDOs is minimal. On 29 August 2007 the Company held its Annual General Meeting at which all resolutions were passed. The special business included resolutions to allow the Company to issue shares (up to 10% of the issued share capital without pre-emption); to buy back shares (up to 14.99% of the issued share capital); to adopt new Articles of Association which allow facilitate electronic communications with shareholders and to authorise the Company to communicate electronically with its shareholders. The Company's final dividend of 5.55p per Ordinary share will be paid on 31 August 2007. 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 July 2007 % Aberdeen Global-India Opportunities* 13.0 Samsung Electronics Pref 5.3 Oversea-Chinese Banking Corp 3.5 China Mobile 3.3 QBE Insurance 3.3 Swire Pacific B 3.2 PetroChina 3.1 United Overseas Bank 2.8 Ayala Land 2.8 Rio Tinto 2.7 __________ Total 43.0 __________ Total number of investments 53 *excluded for the purposes of calculating the investment management fee. Country allocation as at 31 July 2007 Country % Singapore 19.2 Hong Kong 13.6 India 13.0 Korea 12.7 Australia 8.0 China 7.4 Thailand 5.7 Taiwan 5.4 Other Asia 3.5 Malaysia 3.3 Philippines 2.8 Indonesia 2.3 Sri Lanka 1.2 Pakistan 0.3 Cash 1.6 Total 100.0 General description of Company's financial position and performance as at 31 July 2007 £m Gross Assets 155.5 Debt 6.7 Prior charges - Gearing* 4.50% *Gearing is expressed as a percentage of gross assets divided by shareholders' funds Cumulative performance (%) as at 31/07/2007 1 month 3 months 6 months 1 year 3 years 5 years Share Price 517.0 -0.9 0.5 -0.3 20.4 109.1 191.2 NAV 586.3 2.1 7.9 11.7 31.5 112.6 181.3 MSCI AC Asia 3.3 12.1 20.2 39.2 124.8 167.7 Pacific ex Japan Discrete performance (%) 31/07/2007 31/07/2006 31/07/2005 31/07/2004 31/07/2003 Share Price 20.4 6.8 62.6 14.6 21.5 NAV 31.5 11.2 45.4 15.2 14.8 MSCI AC Asia Pacific ex 39.2 11.6 44.7 7.2 11.0 Japan Total Return; NAV to NAV, Net Income Reinvested, GBP Source: Aberdeen Asset Managers Limted, 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 30 August 2007 This information is provided by RNS The company news service from the London Stock Exchange
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