ABERDEEN NEW DAWN INVESTMENT TRUST PLC ("the Company")

Legal Entity Identifier (LEI): 5493002K00AHWEME3J36

PURCHASE OF OWN ORDINARY SHARES

On 18 October 2019, the Company purchased in the market 5,000 Ordinary shares at a price of 242.0 pence per share. These shares will be held in treasury.

Following the transaction, the Company's share capital comprises:

111,271,348 Issued Ordinary shares (excluding treasury shares)

8,958,101 Ordinary shares held in treasury

120,229,449 Issued Ordinary shares (including treasury shares)

The total number of Ordinary shares with voting rights in the Company is 111,271,348 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

For further information, please contact:

Gordon Hay Smith

Aberdeen Asset Management PLC

Secretaries

Tel. 0131 528 4000