Third Interim Dividend

Aberdeen Asian Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87

13 October 2020

Declaration of Third Interim Dividend

The Directors of the Company have today declared a third interim dividend in respect of the year ending 31 December 2020 of 2.25p per Ordinary share of No Par Value (third interim for 2019: 2.25p). The third interim dividend will be payable on 18 November 2020 to Ordinary shareholders on the register on 23 October 2020, ex-dividend date 22 October 2020.

As previously reported, the Board is mindful of the Company's objective of growing dividends over time and is keen to retain its 'AIC Dividend Hero' status therefore, if appropriate, it will consider using the Company's healthy revenue reserves built up over the past decade where necessary. Any decision as to whether revenue reserves will be utilised (and by how much) will be taken at the time of the declaration of the fourth interim dividend in January 2021.

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 28 October 2020.

Aberdeen Standard Capital International Limited

Company Secretary