ALAI.L Regulatory News (ALAI)

abrdn Latin American Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300DN623WEGE2MY04

26 April 2022

Second Interim Dividend

The Board is pleased to declare a second interim dividend of 0.875 pence per Ordinary share (2021: 0.875p) in respect of the year ending 31 August 2022 payable on 26 May 2022 to Ordinary shareholders on the register at close of business on 6 May 2022 (ex-dividend date 5 May 2022).

The current level of dividend has been maintained, supplemented by revenue reserves, despite the impact of the Covid-19 pandemic and the difficult global economic backdrop. Many of our portfolio holdings had scaled back their distributions to conserve cash where possible with the consequent impact on the income receipts of the Company. Despite this, there are early signs of recovery as pay-outs increase once again. The Board has previously stated that the payment of a sustainable and covered dividend may necessitate a lower dividend payment in future years. Together with the Manager, the Board continues to analyse the impact on revenues and places great emphasis on exercising prudence, particularly in these uncertain times, to ensure that the robustness of the Company's balance sheet is maintained, and continues to keep its distribution policy under review.

abrdn Capital International Limited

Manager and Company Secretary

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