IF Aberdeen Indonesia Fund ( (delisted)

Aberdeen Indonesia Fund, Inc. (the “Fund”) (NYSE AMEX: IF), a closed-end equity fund, announced today its performance data and portfolio composition as of March 31, 2011.

The Fund’s total returns for various periods through March 31, 2011 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

Period   NAV Total Return %   Market Price Total Return %     Cumulative   Annualized   Cumulative   Annualized Since inception

(March 1990)

  38.7   1.6   30.3   1.3 10-years   1,072.4   27.9   944.8   26.4 5-years   128.7   18.0   86.4   13.3 3-years   42.4   12.5   55.0   15.7 1-year   30.2   31.4

On March 31, 2011, the Fund’s net assets amounted to US$115.5 million and the Fund’s NAV per share was $13.97.

As of March 31, 2011, the portfolio was invested as follows:

Portfolio Composition   Percent of Net Assets Financials   25.3 Consumer, Cyclical   24.2 Consumer, Non-Cyclical   18.7 Industrials   11.4 Communications   9.1 Basic Materials   4.3 Energy   3.3 Utilities   3.2 Cash   0.5

The Fund's ten largest equity holdings as of March 31, 2011, representing 67.0% of net assets, were:

Stock   Percent of

Net Assets

Bank OCBC Nisp Tbk PT   9.8 PT Bank Permata Tbk   9.4 PT Astra International Tbk   9.0 PT Holcim Indonesia Tbk   7.4 PT Unilever Indonesia Tbk   6.8 PT Telekomunikasi Indonesia Tbk   6.4 Jardine Cycle and Carriage Ltd.   4.9 PT Multi Bintang Indonesia Tbk   4.6 Ace Hardware Indonesia   4.4 PT International Nickel Indonesia Tbk   4.3

Important Information

Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Aberdeen Asset Management Asia Limited (the Investment Adviser), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date March 9, 1990.

If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com