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 April 30, 2011.

The Fund’s total returns for various periods through April 30, 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)

  44.3   1.8   29.5   1.2 10-years   1,363.2   30.8   907.1   26.0 5-years   110.0   16.0   56.4   9.4 3-years   60.0   17.0   61.3   17.3 1-year   27.5   26.1    

On April 30, 2011, the Fund’s net assets amounted to US$120.2 million and the Fund’s NAV per share was $14.53.

As of April 30, 2011, the portfolio was invested as follows:

      Portfolio Composition  

Percent of

   

Net Assets

Financials   24.4 Consumer, Cyclical   23.8 Consumer, Non-Cyclical   19.2 Industrials   12.2 Communications   9.3 Basic Materials   4.4 Energy   3.3 Utilities   3.2 Cash   0.2  

The Fund's ten largest equity holdings as of April 30, 2011, representing 66.9% of net assets, were:

      Stock   Percent of     Net Assets Bank OCBC Nisp Tbk PT   9.4 PT Bank Permata Tbk   8.8 PT Astra International Tbk   8.7 PT Holcim Indonesia Tbk   8.0 PT Unilever Indonesia Tbk   6.7 PT Telekomunikasi Indonesia Tbk   6.6 PT Multi Bintang Indonesia Tbk   5.0 Jardine Cycle and Carriage Ltd.   4.9 Ace Hardware Indonesia   4.4 PT International Nickel Indonesia Tbk   4.4  

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