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Aberdeen International Reports Value of Investment Portfolio and Cash of $0.87 Per Share at Year-End

02/18/2010

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February 18, 2010: ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX:AAB) today announces that the value of its investment portfolio at January 31, 2010 was approximately $68.2 million including a cash balance of $3.3 million, and loans receivable of $7.9 million. This relates to a total value of $0.78 per share. The value of the portfolio increased in the fourth quarter by 18%, or approximately $10.5 million. During the fourth quarter, Aberdeen received US$512,300 in royalty payments. Year-end financial results are expected to be released in late April 2010
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David Stein, Aberdeen’s President and COO, commented, “Given that our share price continues to trade at a significant discount to the value of our investment portfolio, we see significant upside for our shareholders. Furthermore, the $0.78 per share value of our investment portfolio and cash does not include the value of our gold royalties which provide regular income to the Company and even further value to our shareholders. Our job going forward is to demonstrate that our investment methodology focusing on active investments in early-stage resource companies delivers high returns over time, and if we are successful this discount should shrink significantly over time.”

Investment Portfolio Continues to Show Strong Performance
(unaudited)
(millions) January 31, 2010 October 31, 2009 January 31, 2009
Cash and cash equivalents $ 3.3 $ 5.8 $ 1.4
Investments
   Publicly traded 39.1 36.2 21.7
   Private 7.7 3.1 5.3
   Non-trading warrants
     Intrinsic value 5.8 3.1 0.3
     Option value 4.4 5.9 3.3
Equity accounted investments - 1.8 1.9
Loans receivable 7.9 1.8 4.0
Total $ 68.2 $ 57.7 $ 37.9
Shares outstanding (millions) 87.5 87.5 94.9
$/share $ 0.78 $ 0.66 $ 0.40

During the fourth quarter, Aberdeen provided merchant banking services to Castillian Resources Corporation (“Castillian”) (TSXV:CT) by providing financial assistance to Castillian through a 10% debenture (“the Debenture”) in the principal amount of $500,000. The Debenture is secured against Castillian’s interest in the Kagera property in Tanzania and will mature and be repayable as of June 30, 2010. In connection with the Debenture, Castillian paid to Aberdeen a facility fee of $25,000 and issued 500,000 share purchase warrants to Aberdeen which entitles Aberdeen to acquire one common share at a price of $0.10 at any time prior to June 30, 2010. Castillian completed the acquisition of Tucano Resources Ltd., a private company of which Aberdeen was a large shareholder, on January 29, 2010. Castillian is refocusing its efforts on more advanced to development stage projects with a gold and/or copper focus in Brazil and elsewhere.

During the fourth quarter, Aberdeen provided a loan of US$6 million to a private mineral exploration and development company focused on copper and gold in Mongolia. Aberdeen is a significant shareholder of this private company. The loan was used for a property acquisition payment and subsequent to the end of the quarter $3 million of the loan has been repaid.

Summary of Aberdeen’s Holdings
(unaudited)
Publicly traded (millions)
   Crocodile Gold Corp. $ 12.0
   Sulliden Gold Corporation Ltd. 7.3
   Avion Gold Corp. 5.4
   Other 14.4
Total public 39.1
Private 7.7
Non-trading Warrants
   Crocodile Gold Corp. 4.9
   Allana Potash Corp. 1.1
   Dacha Capital Inc. 1.0
   Other 3.2
Total warrants 10.2
Loans receivable/ 7.9
Cash 3.3
Total $ 68.2

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 high-quality 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.

Please visit the Company’s web site at www.aberdeeninternational.ca or write us at smoore@aberdeeninternational.ca

For further information please contact:

David Stein George Faught Ashleigh Clelland
President and COO CEO Manager, Investor Relations
Tel: 416-861-5812 416-861-5887 416-861-5899

Cautionary Note

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 Company’s plan to increase valuation of its common shares; past success as an indicator of future success; net asset value of the Company; the potential of investee companies and the appreciation of their share price; 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. The estimated value of Aberdeen's investment portfolio as at January 31, 2010 is still subject to audit.