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Aberdeen Global Income Fund, Inc. News

Aberdeen Global Income Fund, Inc. Announces Replacement of Auction Market Preferred Stock With Equivalent Bank Borrowing

NEW YORK, March 7 PRNewswire-FirstCall — Aberdeen Global Income Fund, Inc. (Amex: FCO) (the "Fund"), a closed-end bond fund, has resolved to redeem the US$30 million outstanding Series W-7 shares (CUSIP: 003013208) of Auction Market Preferred Stock (the "AMPS") pursuant to their terms and replace the AMPS with borrowing of an equivalent amount from a major financial institution. Notice was sent today to the Fund's paying agent and holders of AMPS to commence the process.

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

www.aberdeenfco.com

Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered investment advisers under the Investment Advisers Act of 1940.

SOURCE Aberdeen Global Income Fund, Inc.

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