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URGENT MATTER REQUIRES YOUR RESPONSE
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May 8, 2009
THE SPECIAL SHAREHOLDER MEETINGS HAVE BEEN ADJOURNED TO JUNE 10, 2009
DUE TO A LACK OF SHAREHOLDER PARTICIPATION
The Chile
Fund, Inc.
The First Israel Fund, Inc.
The Indonesia Fund, Inc.
Dear
Shareholder:
We would like to inform you that the Special Meeting of Shareholders
for each of The Chile Fund, Inc., The First Israel Fund, Inc. and The
Indonesia Fund, Inc. (each fund, a Fund and collectively, the Funds)
(each meeting, a Special Meeting and collectively, the Special Meetings)
has been adjourned due a lack of shareholder participation. The adjourned Special Meeting for each Fund will
be held on June 10, 2009 at the offices of Credit Suisse Asset Management,
LLC at the following times:
The Indonesia Fund, Inc.
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1:00 p.m.
New York time
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The First Israel Fund, Inc.
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1:30 p.m.
New York time
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The Chile Fund, Inc.
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2:00 p.m.
New York time
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The purpose of the Special Meetings is to consider and act upon a proposal
to approve an investment advisory agreement with a new investment adviser, Aberdeen
Asset Management Investment Services Limited or, in the case of The Indonesia
Fund, Inc., Aberdeen Asset Management Asia Limited. Additionally, shareholders of The Chile Fund, Inc.,
are being asked to approve a new sub-advisory agreement with the funds
existing sub-adviser, Celfin Capital Servicios Financieros S.A., and
shareholders of The First Israel Fund, Inc. are also being asked to
approve a new sub-advisory agreement with the funds existing sub-adviser,
Analyst Exchange and Trading Services Ltd.
You can find further details about these proposals in the proxy materials
previously mailed to you. You can also
call us at
866-745-0271
to speak with a proxy
representative.
Since each fund requires a majority of its outstanding shares present
or by proxy to hold the Special Meeting, the lack of response from shareholders
is affecting the outcome of the Special Meeting. It is imperative that we receive your proxy
vote immediately on this matter in order to continue serving your long-term
investment needs. Voting is easy. You
may utilize one of the options below to ensure that your vote is promptly
recorded in time for the Special Meeting:
1. VOTE BY PHONE:
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You may cast your vote by telephone by
calling our toll-free proxy hotline at
1
866-745-0271
. Agents are
available to record your voting instructions Monday through Friday from
9:00 a.m. to 10:00 p.m. Eastern Time.
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2. VOTE BY INTERNET:
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You may cast your vote by mail by logging
on to www.proxyonline.com. You will need the control number found on the
enclosed proxy card to login.
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3. VOTE BY MAIL:
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You may cast your vote by mail by signing,
dating and mailing the enclosed proxy card in the prepaid postage return
envelope provided.
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As
the adjourned meeting date approaches and we still have yet to register your
vote, you may receive a call encouraging you to vote your shares in order to be
represented at the Special Meeting.
Thank
you for your assistance with this important matter.