ABERDEEN ASIAN INCOME FUND LIMITED (the "Company")

PURCHASE OF OWN ORDINARY SHARES

Legal Entity Identifier (LEI):  549300U76MLZF5F8MN87

On 23 January 2020, the Company purchased in the market 30,000 Ordinary shares at a price of 213.0 pence per share. These shares will be held in treasury.

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

177,399,415 Issued Ordinary shares (excluding treasury shares)

17,533,974 Ordinary shares held in treasury

194,933,389 Issued Ordinary shares (including treasury shares)

The total number of Ordinary shares with voting rights in the Company is 177,399,415 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:

Charles Mearns

Aberdeen Standard Capital International Limited

Secretaries

Tel. 0131 372 2200