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Aberdeen International Increases Stake in U3O8 Corp.

07/03/2008

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FOR IMMEDIATE RELEASE

Toronto, Ontario, July 3, 2008: ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) is pleased to announce that it has increased its holding of common shares of U3O8 Corp. (“U3O8”). As a result of purchases through the TSX Venture Exchange, Aberdeen has acquired 349,000 common shares of U3O8 and now beneficially owns an aggregate of 2,649,600 U3O8 common shares, which represents approximately 11.5% of the issued and outstanding U3O8 common shares.

The additional purchases were made for investment purposes only and Aberdeen could increase or decrease its investment in U3O8 depending as circumstances, including market conditions, change.

About Aberdeen International Inc:

Aberdeen is a publicly traded global investment and merchant banking company focused on small cap companies in the resource sector. Aberdeen will seek to acquire significant equity participation in pre-IPO and/or early stage public resource companies with undeveloped or undervalued highquality resources. Aberdeen will focus on companies that: (i) are in need of managerial, technical and financial resources to realize their full potential; (ii) are undervalued in foreign capital markets; and (iii) operate in jurisdictions with moderate local political risk. Aberdeen will seek to provide value-added managerial and board advisory services to companies. The Corporation’s intention will be to optimize the return on its investment over an 18 to 24 month investment time frame.

Aberdeen International Inc.

Please visit the Company’s web site at www.aberdeeninternational.ca or write us at info@aberdeeninternational.ca
For further information please contact

George Faught Stan Bharti
President and CEO Executive Chairman
Tel: (416) - 861 – 5887 Tel: (416) - 861-5876

Cautionary Notes

With respect to all statements herein relating to Quinto, its business and its prospects, Aberdeen has relied solely upon the public disclosure of Quinto. Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the future shareholdings of the Company, the future intentions of the Company with regard to its shareholdings; the Company’s plan of business operations; and anticipated returns. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.