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Aberdeen Asia-Pacific Income Fund, Inc. News

Aberdeen Asia-Pacific Income Fund, Inc. Announces Record Date and Payment Date for Monthly Distribution

NEW YORK, March 17 PRNewswire-FirstCall — Aberdeen Asia-Pacific Income Fund, Inc. (Amex: FAX) (the "Fund"), a closed-end bond fund, announced today that it will pay a monthly distribution of US 3.5 cents per share on April 11, 2008 to all shareholders of record as of March 31, 2008 (ex-dividend date March 27, 2008).

The Board's policy is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital. It is the Board's intention that the monthly distribution of US 3.5 cents per share will be maintained for 12 months, beginning with the July 13, 2007 distribution payment. This policy is subject to regular review at the Board's quarterly meetings unless market conditions require an earlier evaluation. The next review is scheduled to take place in June 2008.

For the 12 months to February 29, 2008, the Fund has paid total distributions amounting to US $0.42 per share. The composition of distributions paid by the Fund since the beginning of the Fund's fiscal year, November 1, 2007, will be estimated through the payment date, and announced at the time of payment of the distribution.

The Fund is managed by Aberdeen Asset Management Asia Limited and advised by Aberdeen Asset Management Limited. The Fund's shares trade on the American Stock Exchange under the symbol "FAX".

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

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

SOURCE Aberdeen Asia-Pacific Income Fund, Inc.

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