(Amex: FAX / PSE: FAX), a closed-end bond fund , announced today its
performance data and portfolio composition as of May 31, 2005.
The Fund 's total returns for various periods through May 31, 2005 are
provided below.7 8. Details
regarding this interest rate swap agreement are contained in the Fund's annual
report to shareholders.

There can be no assurance that the Fund will have an interest rate swap in
place at any given time nor can there be any assurance that, if an interest
rate swap is in place, it will be successful in hedging the Fund's interest
rate risk with respect to the AMPS.

hong nepal

6 439.2 4.0 0.2 2.S.

confidentially employment

5 9 .9 4.0 0.
interest rates and investing the proceeds in relatively higher yielding Asian
and Australian fixed-income securities.
("Administrator") has prepared this report based on information sources
believed to be accurate and reliable.

asia hong

0 7.S. interest rates on the costs associated with the AMPS, the
Fund has entered into an interest rate swap agreement, enabling the Fund to
lock in fixed interest rates for 80% of the outstanding AMPS.

bangladesh halcyon

newscom.9
Hong Kong 0.2 19.

scientech recruit

Research And Markets: View the Definitive Journal on Capital Markets Regulation and Development in Asia

Aberdeen Asia-Pacific Income Fund Inc. Announces Performance Data and Portfolio Composition

NEW YORK, Aberdeen Asia -Pacific Income
Fund, Inc.0 7.4 138.1
Singapore 1 .

adviser seoul

0 0.2
Thailand 2.8
India 0.0 1.

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

hong sembcorp

com/cgi-bin/prnh/20040820/RESEARCH )
The definitive journal on capital markets regulation and development in
Asia, has been totally redesigned.com
Fax: +353 1 4100 980

8
1-year 16.9
Euro 0.3

South Korea 6.9

As of May 31, 2005, the average maturity of the portfolio was 7.

seekers adviser

Presented on a country -by-country basis, the information is written by
specialist lawyers and practitioners based in the individual jurisdictions.

For more information visit
http://www.com/reports/c15966

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets .4 16.4

The Fund's returns, which are denominated in U.2* 5.0 0.2 0.5

Maturity (%)
10 Years
33.

seoul halcyon

(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 477.5 14. dollar against the various currencies listed
below.7
Canada 0.0 0.

constant bangladesh

5 47.4 4.

singapore adviser

(Logo: http://www.
Reporting on the most recent changes - both in terms of legislation and
market development - CAPITAL A$IA provides in-depth commentary and analysis of
those changes, and a full assessment of the implications for those working in
the securities field.

- Market Report Singapore, Latest banking developments.1 59.0
Malaysia 1.3
Sweden 0.7
Taiwan 0.1

* Of which 27.
As of May 31, 2005, approximately 60.3 31. However, the figures are unaudited and
neither the Fund, the Investment Manager, the Investment Adviser, the
Administrator, nor any other person , guarantees their accuracy.

bridging hong

DUBLIN, Ireland, Research and Markets
(http://www.
Published 10 times a year, CAPITAL A$IA is written for those who need
well-researched information on developments in Asia's capital markets.7 18.6 6.
The AMPS are used with the intent of enhancing returns by borrowing at U.

constant halcyon

researchandmarkets.2
(March 1992)
10-years 103 .3
Switzerland 0.5 12.

The Fund has outstanding $600 million of auction market preferred stock
("AMPS") which, depending upon market conditions, may have a positive impact
on the net asset value attributable to the holders of the Fund's common stock.

nepal kong

3 97. In order to minimize the impact of
fluctuations in U.

thailand nepal

- Market Report: Thailand, Thai financial sector and the challenges
ahead.4 12.0 2. The implementation of this strategy is at
the discretion of the AMPS Hedging Committee of the Fund's Board of Directors.

arabia asia

researchandmarkets.

kong armenia

0 13.
As of May 31, 2005, the portfolio was invested as follows:

Currency Exposure Geographic Exposure
% %

Australia 54.1 13.2 years. Investors
should seek their own professional advice before acting on this information.

asia arabia

2 9.7 21. is managed by Aberdeen Asset
Management Asia Limited ("Investment Manager") and advised by Aberdeen Asset
Management Limited ("Investment Adviser"). Aberdeen Asset Management Inc.

Past performance does not guarantee future results.

confidentially constant

This is an example of the topics, which were discussed, in a previous
issue:

- Special Feature, Should Hedge Funds have alternative standards of
corporate governance?

- Market Report: Singapore, MAS issues drafe information paper on good
practices for financial advisers.0
5-years 95.9

United States 31.0 3.58. or "AA"
or better by Standard + Poor's Corporation or, if unrated, judged by the
Investment Manager to be of equivalent quality.0 1.

asiaone halcyon

com/reports/c15966 ) has announced the addition
of Capital A$IA to their offering.
Countries covered on a regular basis include: Australia, Hong Kong, India,
Indochina , Indonesia, Japan, Korea, Malaysia, New Zealand, Pakistan,
Philippines, PRC, Singapore, Taiwan, Thailand .

- Asia Focus, Hong Kong and Singapore.1
Philippines 0.7
Indonesia 0.

hong kazakhstan

8 19.S.3% is invested in US$ denominated bonds issued by foreign
issuers. The credit quality and
maturity breakdown of the portfolio was as follows:

Credit Quality (%)
AAA/Aaa AA /Aa A BBB/Baa BB/Ba B
58.

Aberdeen Asia-Pacific Income Fund, Inc.

arabia bangladesh

4
Japan 0.

As of May 31, 2005, the Fund's net assets, including $600 million in
preferred stock, amounted to US$2,344 million with a net asset value per share
of US$6.

bridging asiaone

Invaluable to regulators, institutional investors, lawyers, analysts , fund
managers and all those with an active involvement in the region's investment
and securities trading industries, CAPITAL A$IA provides a unique combination
of factual and analytical reporting , giving you an effective base from which
to gain a competitive edge.0
3-years 64. dollars, are affected by
the performance of the U.3
New Zealand 1.3
China 0.

confidentially armenia

2 0.3 2.4% of the Fund's assets were invested
in securities rated "Aa" or better by Moody 's Investors Service Inc.com