SOURCE: The Asia Pacific Fund

November 05, 2007 16:30 ET

The Asia Pacific Fund Announces Estimated Taxable Capital Gains and Ordinary Income Distributions

NEW YORK, NY--(Marketwire - November 5, 2007) - The Asia Pacific Fund, Inc. (NYSE: APB) announced today that through October 31, 2007, the Fund had estimated aggregate net long-term capital gains available for distribution of approximately $4.44 per share. It is currently expected that a distribution of these capital gains and of ordinary income, estimated at $3.45 per share, will be declared in December 2007 and paid in January 2008. The actual amounts distributed may vary from these estimates.

About The Asia Pacific Fund:

The Asia Pacific Fund is a diversified, closed-end management investment company, listed on the New York Stock Exchange under the symbol "APB." The investment objective of the Fund is to achieve long-term capital appreciation through investment primarily in equity securities in the Asia Pacific countries (excluding Japan). The Fund is managed by Baring Asset Management (Asia) Limited. For further information on The Asia Pacific Fund, please call our toll free line at 1-888-4-ASIA-PAC or visit www.asiapacificfund.com.

Contact Information

  • For more information, contact:
    The Altman Group, Inc.
    Patricia Baronowski
    1 (212)-400-2604
    Email Contact