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Aberdeen Announces Richard Bishop as New Vice President of Investments


TORONTO, ONTARIO -- (MARKET WIRE) -- 08/24/11 -- ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX: AAB) is pleased to announce the appointment of Richard Bishop, as its new Vice President of Investments. In addition to sourcing and evaluating new investment opportunities, Mr. Bishop will also assist in the analysis and management of Aberdeen's investment portfolio.

Mr. Bishop is a Mining Engineer that comes to Aberdeen from RBC Capital Markets, where he was a gold mining equities analyst covering exploration and development stage mining companies. Mr. Bishop brings industry experience in gold, molybdenum, titanium, tungsten, and phosphate, having worked for Mosaic, Iluka Resources, Freeport McMoRan, and Barrick Gold. Mr. Bishop holds a Bachelor of Science degree in Mining Engineering from Virginia Tech, and a graduate certificate in Mining Engineering from the European Mining Course in Finland, England, Germany, and the Netherlands.

David Stein, Aberdeen's President and COO, commented, "We are pleased to announce the appointment of Richard as VP Investments and look forward to working with him as we continue to seek new investment opportunities and expand the investment portfolio. His research and engineering experience in the resource industry will further strengthen our management team."

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/or (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.

For additional information, please visit our website at www.aberdeeninternational.ca or follow us on Twitter: AberdeenAAB and Facebook.

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, 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.

Aberdeen International
Mike McAllister
Manager, Investor Relations
+1 416-309-2134

Aberdeen International
David Stein
President and COO
+1 416-861-5812

Source: Aberdeen International Inc.