23 March 2018

ABERDEEN FRONTIER MARKETS INVESTMENT COMPANY LIMITED ("the Company")

LEI: 213800X9N731I4IPK361

PURCHASE OF OWN ORDINARY SHARES

On 23 March 2018, the Company purchased in the market 20,000 Ordinary shares at 58.75 pence per share. These shares will be held in treasury.

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

85,262,608 Issued Ordinary shares (excluding treasury shares)

640,000 Ordinary shares held in treasury

85,902,608 Issued Ordinary shares (including treasury shares)

The total number of Ordinary shares with voting rights in the Company is 85,262,608 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.

 www.aberdeenfrontiermarkets.co.uk

Enquiries:                                                                                       

Aberdeen Fund Managers Limited (Investment Manager to Aberdeen Frontier Markets Investment Company Limited)

William Hemmings / Gary Jones

Tel: +44 (0)20 7463 6000

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett

Tel: +44 (0)20 7383 5100

Numis Securities Limited (Nominated Broker)

David Benda

Tel: +44 (0) 20 7260 1275

END