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Aberdeen Reports Shareholders' Equity of $1.51 Per Share and First Quarter Financial Results

07/14/2011


TORONTO, ONTARIO -- (MARKET WIRE) -- 07/14/11 -- ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX: AAB) is pleased to announce that it has released its financial results for the first fiscal quarter of 2012, ending April 30, 2011. For more information please see the Company's quarterly financial statements and Management's Discussion and Analysis ("MD&A") posted on www.sedar.com.

As at April 30, 2011, Aberdeen's Shareholders' Equity (or Net Asset Value, "NAV") was $130.3 million, or $1.51 per share. Aberdeen's shareholders' equity decreased by $6.0 million from $136.3 million at the end of fiscal 2011. The decrease in shareholders' equity was due to a decrease in value of Aberdeen's investment portfolio of $9.6 million in the first quarter (including a decrease of $0.9 million for the dividend paid in March, 2011, and $1.8 million in income tax payable). The decrease in the investment portfolio was partially offset by a decrease in future income tax payable of $3.7 million. During the quarter we saw a minor correction in the junior resource equities, which peaked in mid-to-late February. For more information on specific changes to the portfolio please see our MD&A for the quarter ending April 30, 2011 filed under the Company's profile on SEDAR (www.sedar.com).

On a year-over-year basis, Aberdeen's shareholders' equity increased by $25.9 million or 24.8% on a dollar basis and increased $0.30 or 26.1% on a per share basis due in part on the positive impact of the share buy-back program. Note that the reference to shareholders' equity is similar to previous references to Net Asset Value or "NAV" by Aberdeen. Aberdeen reported a net loss of $3.9 million or $0.04 per share for the first quarter due largely to the mark-to-market decrease in the investment portfolio.

Aberdeen received royalty revenue of $519,103 from approximately 36,700 oz sold at Simmer & Jack's Buffelsfontein Mine and First Uranium's Mine Waste Solutions Tailings Recovery Operations during the quarter ending April 30, 2011, compared to $552,351 in the previous quarter.

Normal Course Issuer Bid And Options Exercised By Management

During the quarter ending April 30, 2010, 712,700 shares were purchased for cancellation at an average cost of $0.90. As of the time that Aberdeen's Q1 financial statements were prepared, 6,729,650 shares remain eligible for purchase and cancellation under Aberdeen's Normal Course Issuer Bid ("NCIB"). Since the end of the quarter an additional 214,500 common shares were purchased for cancellation, for a total year to date of 927,200 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 230,000 options were exercised, for total shares outstanding, net of shares purchased under the NCIB, of 86,194,639. Subsequent to the end of the quarter, President and Chief Operating Officer David Stein exercised 1,550,000 options and now holds a total of 2.8 million shares, representing approximately 3.2% of the issued and outstanding shares of the Company.

Aberdeen International Inc. - Investment Portfolio



                    April 30, 2011     January 31, 2011       April 30, 2010

Shares
 outstanding            86,194,639           86,677,339           87,503,839

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

Cash on hand
 (incl. o/s
  settlement)  7,427,116      0.09 14,049,856      0.16    958,746     0.011

Investments
 Publicly
  traded      72,493,614     0.841 71,157,521     0.821 38,169,821     0.436

 Private      16,174,365     0.188 18,579,608     0.214 12,616,313     0.144
 Non-trading
  warrants
   Intrinsic
    value     12,827,595     0.149 13,060,800     0.151  6,836,960     0.078
   Option
    value      2,654,523     0.031  2,011,811     0.023  3,530,797     0.040
             ---------------------------------------------------------------

              15,482,118     0.180 15,072,612     0.174 10,367,757     0.118
             ---------------------------------------------------------------
Portfolio
 Investments  104,150,097    1.208 104,809,740    1.209 61,153,891     0.699

Loans
 receivable    4,743,836     0.055  7,023,452     0.081  7,720,654     0.088
             ---------------------------------------------------------------


Total        116,321,049    1.350 125,883,048    1.452 69,833,291     0.796
             ---------------------------------------------------------------
             ---------------------------------------------------------------

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 and follow us on 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 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 Inc.
Mike McAllister
Manager, Investor Relations
+1 416-309-2134
info@aberdeeninternational.ca

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

Source: Aberdeen International Inc.