Aberdeen Reports Shareholders' Equity of $1.31 Per Share and Third Quarter Financial Results


TORONTO, ONTARIO--(Marketwire - Dec. 15, 2011) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) is pleased to announce that it has released its financial results for the third fiscal quarter of 2012, ending October 31, 2011. For more information please see the Company's quarterly financial statements and Management's Discussion and Analysis ("MD&A") posted on www.sedar.com.

As at October 31, 2011, Aberdeen's Shareholders' Equity (or Net Asset Value, "NAV") was $114.0 million, or $1.31 per share. Aberdeen's shareholders' equity decreased by $9.2 million from $123.2 million at the end of the second quarter, fiscal 2012. Aberdeen's Shareholders' Equity includes the value of its investment portfolio (as previously reported on November 17, 2011) in addition to the value of company's other assets (e.g. its gold royalties in South Africa) net of liabilities. The decrease in shareholders' equity was due to the mark-to-market loss on Aberdeen's investment portfolio of $11.2 million in the third quarter. The decrease in the investment portfolio was partially offset by the realized gains on Aberdeen's investments of $1.8 million and a decrease in future income tax payable of $2.0 million. For more information on specific changes to the portfolio please see our MD&A for the quarter ending October 31, 2011 filed under the Company's profile on SEDAR (www.sedar.com).

On a year-over-year basis, Aberdeen's shareholders' equity decreased by $1.5 million or 1.3% on a dollar basis and decreased $0.02 or 1.5% per basic share. Note that the reference to shareholders' equity is similar to previous references to Net Asset Value or "NAV" by Aberdeen. Aberdeen reported a net loss of $8.7 million or $0.10 per share for the third quarter due largely to the mark-to-market decrease in the investment portfolio.

Aberdeen received royalty revenue of $730,637 from approximately 45,000 oz sold at Simmer & Jack's Buffelsfontein Mine and First Uranium's Mine Waste Solutions Tailings Recovery Operations during the quarter ending October 31, 2011, compared to $519,672 in the previous quarter.

Normal Course Issuer Bid And Options Exercised By Management

During the quarter ending October 31, 2011, 710,500 shares were purchased for cancellation at an average cost of $0.65. Since the end of the quarter an additional 706,000 common shares were purchased for cancellation, for a total year to date of 2,478,700 common shares, leaving 4,963,650 shares available to be repurchased. Aberdeen's current NCIB expires on February 8, 2012. Aberdeen expects to continue to purchase shares over the remainder of the fiscal year, depending on market conditions and other investment opportunities that may be available.

Dividend Payment

During the quarter, Aberdeen in accordance with the Company's annual dividend policy paid its second dividend of Cdn$0.01 payable to shareholders of record as of the close of business on September 20, 2011. This dividend payment completed the Company's annual Cdn$0.02 dividend payments for Fiscal 2012.

The Company's opinion is that the dividend policy sends a message to the market that Aberdeen's business model is sustainable and generates significant free cash flow. Our first and most important priority will be to continue making great investments in early-stage resource companies, while returning a relatively small amount of capital to our shareholders. The Company believes this will simultaneously enhance shareholder value, while providing the Company with the flexibility and liquidity to pursue its corporate objectives.

Aberdeen International Inc. - Investment Portfolio

Aberdeen International Inc.
October 31, 2011 July 31, 2011 January 31, 2011
Shares outstanding 86,872,139 87,582,639 86,677,339
$ $/Shares $ $/Shares $ $/Shares
Cash on hand (incl. o/s settlement) 7,384,383 0.09 4,299,989 0.05 14,049,856 0.16
Investments
Publicly traded 59,280,908 0.677 69,207,035 0.790 71,157,521 0.821
Private 17,624,514 0.201 18,909,369 0.216 18,579,608 0.214
Non-trading warrants
Intrinsic value 2,757,980 0.031 2,009,167 0.023 13,060,800 0.151
Option value 471,610 0.005 1,282,321 0.015 2,011,811 0.023
3,229,590 0.037 3,291,488 0.038 15,072,612 0.174
Portfolio Investments 80,135,012 0.915 91,407,892 1.044 104,809,740 1.209
Equity accounted investment - - - - - -
Loans receivable* 13,189,729 0.152 6,981,688 0.080 7,465,823 0.086
Total 100,709,124 1.152 102,255,039 1.172 126,325,419 1.457
* includes $3,986,800 balance owed from Village Main Reef Limited for the Simmer & Jack loan settlement

Shareholder Conference Call

Aberdeen plans to host a conference call at 10:30 AM (EST) on Thursday December 15, 2011. To participate in the call please dial:

International: +1 416 340 2218
Toll Free North America: 866 226 1793
Toronto Area: 416 340 2218

To register and listen to the webcast of the call, please go to Aberdeen's website at www.aberdeeninternational.ca. A webcast play back recording will remain on the Company's website after the completion of the call.

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. 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, 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 NCIB and its dividend policy; 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 and COO
+1 416-861-5812
dstein@aberdeeninternational.ca
www.aberdeeninternational.ca