Result of EGM

RNS Number : 1087L

Aberdeen Asian Income Fund Limited

08 September 2021

8 September 2021

ABERDEEN ASIAN INCOME FUND LIMITED

(the "Company")

Result of Extraordinary General Meeting

The Board of Aberdeen Asian Income Fund Limited announces that, at the extraordinary general meeting of the Company held earlier today, the proposed special resolutions (the "Resolutions") were approved by Shareholders.

As a result, with effect from 1 January 2022, the Company intends to become tax resident in the United Kingdom and join the United Kingdom's investment trust regime in order to benefit from the double tax treaty arrangements that the United Kingdom currently has in place with several of the jurisdictions in which the Company invests. For this purpose, the New Articles will be adopted in substitution for the existing articles of association with effect from 1 January 2022.

In addition, also with effect from 1 January 2022, the Company's name will be changed to abrdn Asian Income Fund Limited to align the Company's name with that of the investment manager's business, which recently changed from Standard Life Aberdeen plc to abrdn plc.

Defined terms have the meaning given to them in the circular published by the Company on 20 August 2021.

Details of the number of proxy votes cast for, against and withheld in respect of the Resolutions (which were held on a show of hands) are set out below.

Special Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Vote Withheld **
That the articles of association of the Company produced to the meeting and initialled by the Chairman of the meeting for the purposes of identification containing amendments required for the purposes of the Company becoming tax resident in the United Kingdom and joining the United Kingdom's investment trust regime shall be approved and adopted in substitution for and to the exclusion of all existing articles of association of the Company with effect from 00.01 a.m. on 1 January 2022.	81,936,216	99.92	68,761	0.08	82,004,977	46.72	56,754
That, with effect from 1 January 2022, the change of name of the Company to "abrdn Asian Income Fund Limited" be approved.	79,206,593	96.6	2,784,128	3.4	81,990,721	46.71	71,009

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

For further information, please contact:

Aberdeen Standard Investments Charles Mearns	[email protected]
Maria Allen	Tel: 0131 528 4132 [email protected] Tel: 07768 475219
Aberdeen Standard Capital International Limited Jersey Branch - Company Secretary	[email protected]
	Tel: 0345 279 8880
LEI: 549300U76MLZF5F8MN8

Notes:

In accordance with Listing Rule 9.6.2 copies of the resolutions passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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