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Aberdeen International Reports Value of Investment Portfolio and Cash of $1.15 Per Share for the Third Quarter Ending October 31, 2011

11/17/2011


TORONTO, ONTARIO--(Marketwire - Nov. 17, 2011) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) today announces that the value of its investment portfolio as at October 31, 2011, the end of its 2012 third fiscal quarter, was approximately $100.1 million including a cash balance of $7.4 million. This equates to a value of $1.15 per share based on Aberdeen's investment portfolio alone and does not include the value of its gold royalties. This report of the portfolio value is not equivalent to the "Net Asset Value" or "NAV" or shareholders' equity that has been previously reported by Aberdeen as it does not include assets and liabilities of the Company that are not treated as investments. Rather, this report refers only to the cash, equity investments (private and public), option-type investments (e.g. warrants) and corporate debt/loans receivable of the Company, which are marked-to-market at the end of the quarter.

The value of the investment portfolio decreased from the second quarter results for the period ending July 31, 2011 by approximately $2.7 million or 2.7%. On a year-over-year basis, the value of our investment portfolio has increased by $13.0 million or 15.0%. Third quarter financial results are expected to be released on or before December 14, 2011, and will include up-to-date shareholders' equity value (previously referred to as "Net Asset Value") which includes the value for our royalties as well as other assets and liabilities. Aberdeen plans to hold a conference call at such time as its financial statements are released to discuss full results for the third quarter.


                  October 31, 2011      July 31, 2011     January 31, 2011

Shares
 outstanding              86,872,139          87,582,639          86,677,339

                                  $/                  $/                  $/
                           $  Shares           $  Shares           $  Shares
                ------------------------------------------------------------

Cash on hand       7,379,538    0.08   4,299,989    0.05  14,049,856    0.16

Investments
  Publicly
   traded         59,280,908   0.682  69,207,035   0.790  71,157,521   0.821
  Private         17,624,515   0.203  18,909,369   0.216  18,579,608   0.214
  Non-trading
   warrants
    Intrinsic
     value         2,757,980   0.032   2,009,167   0.023  13,060,800   0.151
    Option value     471,610   0.005   1,282,321   0.015   2,011,811   0.023
                ------------------------------------------------------------
                   3,229,590   0.037   3,291,488   0.038  15,072,612   0.174
                ------------------------------------------------------------
Portfolio
 Investments      80,135,012   0.922  91,407,892   1.044 104,809,740   1.209

Equity accounted
 investment                -       -           -       -           -       -

Loans receivable  12,586,964   0.145   7,125,688   0.081   7,465,823   0.086
                ------------------------------------------------------------

Total            100,101,515   1.152 102,833,569   1.174 126,325,419   1.457
                ------------------------------------------------------------
                ------------------------------------------------------------

David Stein, Aberdeen's President and COO, commented, "The weakness we have experienced in the junior equity markets accelerated over the past three months, with the S&P TSX Venture Index down 18% during our third quarter, and down 29% over the first nine months of Aberdeen's fiscal year. Our portfolio held its value primarily as a result of the settlement of the outstanding litigation with Village Main Reef Limited (formerly Simmer & Jack Mines), where we recognized a movement of approximately $5.0 mm in cash received to date and an increase in $4.1 mm to corporate debt/loans receivable." Aberdeen had been carrying the value of the assets under litigation including loan principal the 2008 royalty receivable on the gold produced from the Buffelsfontein mine and accrued interest for a total of $11.4 mm. Accordingly, during our third quarter we expect to recognize a loss in book value of $2.3 mm related to the settlement. (See Press Release dated October 11, 2011.)

"We believe the movement of this frozen asset to our investment portfolio is beneficial for shareholders, despite the small loss that will be taken. Aberdeen is seeing some excellent investment opportunities and has already allocated a large portion of its cash position to near-term investments at various stages. We look forward to discussing these investments in more detail in the coming months. Through a combination of investing in new and existing opportunities, and executing our Normal Course Issuer Bid, management will capitalize on this recent inflow of cash for the benefit of all shareholders."

Normal Course Issuer Bid

Aberdeen purchased and cancelled 1,772,200 shares of Aberdeen at an average price of $0.79 as part of its on-going Normal Course Issuer Bid during the nine month period ended October 31, 2011.

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 a minimum 2-year investment time frame.

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

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 third quarter results of the Company, implying or regarding 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.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Aberdeen International Inc.
        Mike McAllister
        Manager, Investor Relations
        +1 416-309-2134
        info@aberdeeninternational.ca

        Aberdeen International Inc.
        David Stein
        President, Chief Operating Officer
        +1 416-861-5812
        dstein@aberdeeninternational.ca
        www.aberdeeninternational.ca

Source: Aberdeen International Inc.