Fourth Interim Dividend

abrdn Asian Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87

12 January 2023

Declaration of Fourth Interim Dividend

The Directors of the Company have today declared an increased fourth interim dividend in respect of the year ended 31 December 2022 of 3.10p per Ordinary share of No Par Value (fourth interim for 2021: 2.75p). The fourth interim dividend will be payable on 17 February 2023 to Ordinary shareholders on the register on 20 January 2023, with an ex-dividend date of 19 January 2023.

The total dividend for 2022 amounts to 10.00p, representing an increase of 5.3% compared to the previous year (2021: 9.50p), and the Board is pleased to note that this represents the fourteenth consecutive year of annual dividend increases. In the absence of unforeseen circumstances, it is the Board's intention to declare a total dividend of at least 10.50p per Ordinary share in respect of the year to 31 December 2023 and the Board aspires to continuing to increase the level of dividend in future years. 

The Company operates a Dividend Reinvestment Plan (DRIP) which is managed by the registrar, Link Asset Services, and the deadline for elections under the DRIP will be 26 January 2023.

abrdn Capital International Limited

Company Secretary