Aberdeen Indonesia Fund, Inc. (the “Fund”) (NYSE AMEX: IF), a closed-end equity fund, announced today its performance data and portfolio composition as of December 31, 2010.

The Fund’s total returns for various periods through December 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

(March 1990)
  42.9   1.7   30.6   1.3
10-years   953.2   26.5   974.0   26.8
5-years   195.3   24.2   184.5   23.2
3-years   36.4   10.9   35.5   10.6
1-year   52.9   51.4

On December 31, 2010, the Fund’s net assets amounted to US$119.0 million and the Fund’s NAV per share was $14.39.

As of December 31, 2010, the portfolio was invested as follows:

Portfolio Composition  

Percent of Net Assets
Consumer, Cyclical   24.4
Financials   23.4
Consumer, Non-Cyclical   20.0
Industrials   11.0
Communications   8.6
Basic Materials   4.8
Utilities   3.5
Energy   3.2
Cash   1.1

The Fund's ten largest equity holdings as of December 31, 2010, representing 67.0% of net assets, were:

Percent of Net Assets
Bank OCBC Nisp Tbk PT   10.6
PT Astra International Tbk   8.9
PT Bank Permata Tbk   7.4
PT Unilever Indonesia Tbk   7.2
PT Holcim Indonesia Tbk   6.7
PT Telekomunikasi Indonesia Tbk   6.1
Ace Hardware Indonesia   5.4
PT Multi Bintang Indonesia Tbk   5.2
PT International Nickel Indonesia Tbk   4.8
M P Evans Group PLC   4.7

Important Information

Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Aberdeen Asset Management Asia Limited (the Investment Adviser), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date March 9, 1990.

If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com

Copyright Business Wire 2010