Completion of Acquisition

ABERDEEN ASSET MANAGEMENT PLC

(Registered in Scotland No. SC82015)

Completion of acquisition of Artio Global Investors Inc.

Aberdeen Asset Management PLC ("Aberdeen") is pleased to announce that it has completed the acquisition of Artio Global Investors Inc. ("Artio"), a US publicly listed asset manager, and that the transfer of the business was effective at close of business on 21 May 2013.

Aberdeen has paid consideration of $179.7 million (£118.3 million) based on a price of $2.75 per share. This represents a premium of $46.3 million (£30.5 million) over Artio's unaudited net asset value at 31 March 2013. Artio has no borrowings and its net assets at 31 March 2013 included $112.4 million (£74.0 million) of cash and seed investments. As at 17 May 2013, Artio managed assets of $10.6 billion (£7.0 billion).

Details of the key benefits of the acquisition, which is expected to be earnings enhancing from the outset, were included in the RNS announcement issued on 14 February 2013.

For further information, please contact:

Maitland +44 (0) 20 7379 5151

Neil BennettTom Eckersley