Announcement regarding shares in public hands

Aberdeen Emerging Markets Investment Company Limited

("AEMC" or the "Company")

LEI: 213800RIA1NX8DP4P938

23 August 2019

Announcement regarding shares in public hands

The Board of AEMC announces that the number of ordinary shares which are deemed by the Listing Rules to be held in public hands is below the minimum 25% threshold. The Listing Rules provide that shares are not considered to be held in public hands if they are held by persons (or persons in the same group or persons acting in concert) who have an interest in 5% or more of a listed company's share capital, as well as shares held by directors of a listed company.

Following recent purchases by certain of the Company's largest shareholders, the shares in public hands is currently estimated to be approximately 17 per cent.

The Company is liaising with the FCA and will make a further announcement shortly.

Enquiries:

Aberdeen Standard Fund Managers Limited (Alternative Investment Fund Manager to Aberdeen Emerging Markets Investment Company Limited)

William Hemmings

Tel: +44 (0)207 463 5881

Gary Jones

Tel +44 (0) 207 463 6295

Luke Mason

Tel +44 (0)207 463 5971

PraxisIFM Fund Services (UK) Limited (UK Administration Agent)

Anthony Lee Tel: +44 (0)20 7653 9690