|Period||NAV Total Return %||Market Price Total Return %|
|Since inception (December 1985)||761.3||9.0||770.2||9.0|
Aberdeen Australia Equity Fund, Inc. (the “Fund”) (NYSE AMEX: IAF), a closed-end equity fund, announced today its performance data and portfolio composition as of January 31, 2011. The Fund’s total returns for various periods through January 31, 2011 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
The Fund’s returns, which are denominated in U.S. dollars, are affected by the performance of the U.S. dollar against the Australian dollar.