Aberdeen Latin America Equity Fund, Inc. (the “Fund”) (NYSE AMEX: LAQ), a closed-end equity fund, announced today its performance data and portfolio composition as of October 31, 2010.

The Fund’s total returns for various periods through October 31, 2010 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
   
Period   NAV Total Return %   Market Price Total Return %
    Cumulative   Annualized   Cumulative   Annualized

Since inception(October 1991)
  1,102.1   14.0   937.3   13.1
10-years   505.1   19.7   661.8   22.5
5-years   182.2   23.1   199.4   24.5
3-years   12.9   4.1   18.9   5.9
1-year   32.8   38.7
 

On October 31, 2010, the Fund’s net assets amounted to US$258.1 million and the Fund’s NAV per share was $42.26.