Aberdeen International Reports Value of Investment Portfolio and Cash of $1.08 Per Share for Fiscal 2012 Year End (January 31, 2012)


TORONTO, ONTARIO--(Marketwire - Feb. 21, 2012) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) today announces that the value of its investment portfolio as at January 31, 2012, the end of its 2012 fourth fiscal quarter, was approximately $92.9 million including a cash balance of $7.5 million. This equates to a value of $1.08 per share based on Aberdeen's investment portfolio alone and does not include the value of its gold royalties. This report of the portfolio value is not equivalent to the "Net Asset Value" or "NAV" that has been previously reported by Aberdeen as it does not include assets and liabilities of the Company that are not treated as investments. Rather, this report refers only to the cash, equity investments (private and public), option-type investments (e.g. warrants) and corporate debt/loans receivable of the Company. Aberdeen expects to report its audited full year end financial results during the week of April 23, 2012.

The value of the investment portfolio decreased from the third quarter results for the period ending October 31, 2010 by approximately $7.2 million or 7.2% (or 6.4% decrease in per share value after factoring in shares cancelled during Q4). For the year, Aberdeen's portfolio decreased by $33.4 million or 26.4%.

January 31, 2012 October 31, 2011 January 31, 2011
Shares outstanding 86,100,139 86,872,139 86,677,339
$ $/
Shares
$ $/
Shares
$ $/
Shares
Cash on hand 7,510,665 0.09 7,384,383 0.09 14,049,856 0.16
Investments
Publicly traded 53,948,240 0.627 59,280,908 0.682 71,157,521 0.821
Private 23,968,375 0.278 17,624,515 0.203 18,579,608 0.214
Non-trading warrants
Intrinsic value 1,915,000 0.022 2,757,980 0.032 13,060,800 0.151
Option value 2,116,012 0.025 471,610 0.005 2,011,811 0.023
4,031,012 0.047 3,229,590 0.037 15,072,612 0.174
Portfolio Investments 81,947,627 0.952 80,135,012 0.922 104,809,740 1.209
Equity accounted investment - - - - - -
Loans receivable 3,418,371 0.040 12,588,729 0.145 7,465,823 0.086
Total 92,876,663 1.079 100,108,124 1.152 126,325,419 1.457

Dividend Policy

In February 2011 Aberdeen's board of directors initiated a $0.02 per year dividend to be paid semi-annually, and the Company intends to continue with this policy. Aberdeen's management received significantly positive feedback from shareholders and investors regarding this policy, which represents a relatively small amount of the Company's capital. Management believes the policy sends a strong message that it believes in the Company's ability to generate exceptional returns and cash flow over the longer term. It is anticipated that upon receipt of all necessary regulatory approvals the next dividend of $0.01 will be paid on March 31, 2012.

Normal Course Issuer Bid

During the past year Aberdeen purchased 2,544,700 shares through a continuing Normal Course Issuer Bid at an average price of $0.79. Aberdeen's NCIB terminated on February 8, 2012 and pending exchange approval the Company intends to renew it immediately. Management believes the combination of a secure and growing dividend combined with an active NCIB program is the best way to optimize the capital structure and enhance shareholder value at this time.

Royalty Income

During our fourth quarter we received royalty revenue of USD $653,789 from combined production of 38,789 oz between October and December, 2011 from the Buffelsfontein Mine and Mine Waste Solutions operations in South Africa. Royalty revenue for the 2011 calendar year totaled USD $2.42 million from 154,393 oz of production from the two operations. Aberdeen holds a 1% royalty on gold production from the Buffelsfontein Mine (operated by Village Main Reef Gold Mining) and a 1% royalty on gold production from Mine Waste Solutions (First Uranium Corp.).

Outlook

David Stein, Aberdeen's President and COO, commented, "After enjoying a record year last year (2011-2012), we experienced a forceful consolidation in the markets and indeed our portfolio. While our business model does not really rely on short-term performance, it is worth noting our portfolio outperformed the TSX Venture Index during this very tough year. We decided to completely exit positions in Avion Gold Corporation and Crocodile Gold Corp. in our fiscal 2012, which we deemed to be maturing. Aberdeen maintains a strategic stake in Sulliden Gold Corporation Ltd. (TSX:SUE) ("Sulliden"), which remains its largest holding. As disclosed by Sulliden, Sulliden is anticipating to report on an updated resource estimate and feasibility study in the second quarter of 2012. Also of note in our portfolio is a reduction in corporate debt held due to repayments and conversions that have occurred. The largest of which, is a conversion of Temujin debt into equity as we prepare to sell the assets to other publicly traded companies for shares in order to maintain exposure to the longer-term growth potential of these exciting assets. The first such transaction was announced on January 16th with Kincora Copper (TSX VENTURE:KCC) and we look forward to a long partnership with this very well-run Mongolia-based exploration company.

"We initiated some very exciting new positions in the fourth quarter including East Asia Minerals Corporation (TSX VENTURE:EAS), which owns interests in two major gold discoveries in resource-rich Indonesia, including the flagship Miwah project-one of the world's biggest new gold discoveries in the past five years; and Cap-Ex Ventures Ltd. (TSX VENTURE:CEV), which operates a commanding land position on the Labrador trough with several iron ore projects with huge potential for resource development and ultimately production. Both of these investments were entered into as public companies, which is in line with our long-term strategy. When markets are weak, we often find mineral assets with world-class potential can be acquired more cheaply in the public markets than privately. I expect both of these companies to become core parts of our portfolio this year and I am pleased that we are already sitting on some significant unrealized gains."

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 Facebook and 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, statements regarding the impact of the dividend policy; potential of investments; 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.

Contact Information:

Aberdeen International Inc.
Mike McAllister
Manager, Investor Relations
+1 416-309-2134
info@aberdeeninternational.ca

Aberdeen International Inc.
David Stein
President, Chief Operating Officer
+1 416-861-5812
dstein@aberdeeninternational.ca
www.aberdeeninternational.ca