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Aberdeen Receives First Payments Under New Gold Royalties


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March 17th, 2009

Toronto, Ontario, March 17th 2009: ABERDEEN INTERNATIONAL INC. (“Aberdeen”, or the “Company”) (Toronto Stock Exchange: AAB) Aberdeen is pleased to announce that it has received the first payments on its recently awarded 1% gold royalties for the period from October 16th 2008 to December 31, 2008. Aberdeen holds a 1% NSR on all of Simmer and Jack Mines Limited (“Simmers”) Northwest Assets, and the Mine Waste Solutions Tailings Recovery project held by First Uranium Inc.

Aberdeen was awarded the life of mine 1% Royalties as a consequence of Simmer’s shareholders rejecting Aberdeen’s request to convert its Loan Agreement to equity. The Shareholders’ meeting was held on February 16th, 2008.

Aberdeen estimates the fair value of the 1% NSR, based on a discounted cash flow analysis, to be in the range of $42.5 million to $50.9 million or $0.45 to $0.54 per share. This estimate includes gold production from both Simmers and First Uranium with a long term gold price from $700 to $825.

George Faught, Aberdeen’s President and CEO, stated, “The Life of Mine 1% royalty from both Simmer and Jack and First Uranium provides significant value to the Company. We believe that as a result of Simmers’ purchase of the Tau Lekoa mine from Anglogold Ashanti and First Uranium’s gold stream financing with GoldWheaton, both companies are significantly stronger to carry out their respective mine plans and maximize the cash flow to Aberdeen under the Royalties”

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 smoore@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

Cautionary Note Regarding Forward-Looking Information This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the future financial or operating performance of the Company, valuations of investments, valuation of the royalty and the shares issuable on equity conversion, outcome of the Simmers shareholders meeting, assumptions underlying valuations, outcome of potential disputes regarding interpretation of the royalty agreement, and third party projections of gold production , investment philosophy and liabilities and commitments. Generally, forward looking information can be identified by the use of forwardlooking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: litigation risks; gold prices; third party risks; general business, economic, competitive, political and social uncertainties; general other risks of the mining industry and investment industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.