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Aberdeen Reports Shareholders' Equity of $1.42 Per Share and Second Quarter Financial Results

09/15/2011


TORONTO, ONTARIO -- (MARKET WIRE) -- 09/15/11 -- ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX: AAB) is pleased to announce that it has released its financial results for the second fiscal quarter of 2012, ending July 31, 2011. For more information please see the Company's quarterly financial statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR (www.sedar.com).

As at July 31, 2011, Aberdeen's shareholders' equity (or net asset value, "NAV") was $123.2 million, or $1.42 per share. Aberdeen's shareholders' equity decreased by $7.1 million from $130.3 million at the end of the first quarter, fiscal 2012. Aberdeen's shareholders' equity includes the value of its investment portfolio (as previously reported in a news release dated August 16, 2011) in addition to the value of the Company's other assets (e.g. its gold royalties in South Africa) net of liabilities. The decrease in shareholders' equity was due to a decrease in value of Aberdeen's investment portfolio of $14.6 million in the second quarter. The decrease in the investment portfolio was partially offset by a decrease in future income tax payable of $4.0 million. The Company witnessed tough conditions in the equity markets, especially with small capitalization stocks, which make up a significant portion of the portfolio. Aberdeen has taken advantage of the weakening market conditions with several interesting transactions and has increased its exposure to the silver sector through public equity investments as well as to the platinum and gold sectors through private stage investments. For more information on specific changes to the portfolio please see Aberdeen's MD&A for the quarter ending July 31, 2011 filed under the Company's profile on SEDAR (www.sedar.com).

On a year-over-year basis, Aberdeen's shareholders' equity increased by $25.1 million or 25.7% on a dollar basis and increased $0.30 or 26.8% on a per share basis due in part on the positive impact of the share buy-back program. Aberdeen reported a net loss of $7.6 million or $0.09 per share for the second quarter due largely to the mark-to-market decrease in the investment portfolio.

Aberdeen received royalty revenue of $519,672 from approximately 39,000 oz of gold sold at Simmer & Jack's Buffelsfontein Mine and First Uranium's Mine Waste Solutions Tailings Recovery Operations during the quarter ending July 31, 2011, compared to $519,103 in the previous quarter.

Normal Course Issuer Bid And Options Exercised By Management

During the quarter ending July 31, 2011, 349,500 shares were purchased for cancellation under Aberdeen's Normal Course Issuer Bid ("NCIB") at an average cost of $0.82. As of the time that Aberdeen's Q2 financial statements were prepared, 6,313,150 shares remain eligible for purchase and cancellation under Aberdeen's NCIB. Since the end of the quarter an additional 67,000 common shares were purchased for cancellation, for a total year to date of 1,129,200 common shares. Aberdeen's current NCIB expires on February 8, 2012. Aberdeen expects to continue to purchase shares over the remainder of the fiscal year, depending on market conditions and other investment opportunities that may be available.

During the quarter 1,737,500 options were exercised, for total shares outstanding, net of shares purchased under the NCIB, of 87,515,639. David Stein, President and Chief Operating Officer of Aberdeen exercised 1,550,000 options and now holds a total of 2.8 million common shares, representing approximately 3.2% of the issued and outstanding common shares of the Company. Management and Directors of Aberdeen own approximately 17% of the issued and outstanding common shares of the Company.

Dividend Payment

In accordance with the Company's annual dividend policy, Aberdeen will pay a dividend of Cdn$0.01 payable on September 30, 2011, to shareholders of record as of the close of business on September 26, 2011. This dividend payment will complete the Company's annual dividend payments for 2011. This is the second of two semi-annual payments previously announced as part of the new annual dividend policy of $0.02 per common share (see Aberdeen news release dated February 16, 2011).

The Company's opinion is that the dividend policy sends a message to the market that Aberdeen's business model is sustainable and generates significant free cash flow. The Company's first and most important priority will be to continue making great investments in early-stage resource companies, while returning a relatively small amount of capital to Company shareholders. Aberdeen believes this will simultaneously enhance shareholder value, while providing the Company with the flexibility and liquidity to pursue its corporate objectives.


Aberdeen International Inc. - Investment Portfolio



                    July 31, 2011      April 30, 2011     January 31, 2011

Shares
 outstanding         87,582,639          86,194,639          86,677,339

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


Cash on hand
 (incl. o/s
 settlement)       3,742,624    0.04   7,427,116    0.09  14,049,856    0.16

Investments
 Publicly traded  69,185,870   0.790  72,556,148   0.842  71,157,521   0.821
 Private          18,909,369   0.216  16,174,365   0.188  18,579,608   0.214
 Non-trading
  warrants
   Intrinsic
    value          2,009,167   0.023  12,827,595   0.149  13,060,800   0.151
   Option value    1,282,321   0.015   2,591,990   0.030   2,011,811   0.023
                ------------------------------------------------------------
                   3,291,488   0.038  15,419,585   0.179  15,072,612   0.174
                ------------------------------------------------------------
Portfolio
 Investments      91,386,727   1.043 104,150,097   1.208 104,809,740   1.209

Equity accounted
 investment                -       -           -       -           -       -

Loans receivable   7,125,688   0.081   5,278,336   0.061   7,465,823   0.086
                ------------------------------------------------------------

Total            102,255,039   1.168 116,855,549   1.356 126,325,419   1.457
                ------------------------------------------------------------
                ------------------------------------------------------------

Shareholder Conference Call

Aberdeen plans to host a conference call at 10:30 AM (ET) on Monday September 19, 2011. To participate in the call please dial:


International:                +1 416 340 2216
Toll Free North America:      866 226 1792
Toronto Area:                 416 340 2216

To register and listen to the webcast of the call, please go to Aberdeen's website at www.aberdeeninternational.ca. A webcast play back recording will remain on the Company's website after the completion of the call.

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 Company'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. Follow us on Facebook and Twitter: @AberdeenAAB.

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 and natural resource 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.

Contacts:
Aberdeen International
Mike McAllister
Manager, Investor Relations
+1 416-309-2134
info@aberdeeninternational.ca

Aberdeen International
David Stein
President and COO
+1 416-861-5812
dstein@aberdeeninternational.ca
www.aberdeeninternational.ca

Source: Aberdeen International Inc.