Director/PDMR Shareholding

ABERDEEN ASSET MANAGEMENT PLC

Aberdeen Asset Management PLC ("the Company") announces the following information in relation to Bill Rattray's shareholding.

1. Based on the Company's performance for the three years to 30 September 2010, 51,587 ordinary shares (approximately 84.7% of the award made in 2007 under the Group's Long-Term Incentive Plan) have vested and 9,315 ordinary shares (being the balance of the 2006 award) have been forfeited. Mr Rattray sold the 51,587 shares which vested at 182p per share on 1 December 2010. These shares were held in Own Name. The Company was notified on 3 December 2010.

Following these transactions, Mr Rattray holds 2,327,174 ordinary shares in the Company, representing 0.20% of the Company's issued share capital. Mr Rattray also has an unconditional entitlement to a further 198,662 ordinary shares in respect of awards made as part of the Company's deferred bonus arrangements in 2007, 2008 and 2009 which have reached their earliest vesting dates.

Mr Rattray has been granted an award over a further 272,347 ordinary shares, exercisable in three equal tranches over the following three years, as part of the 2010 annual bonus programme; this award was recommended by the Remuneration Committee and the Company was subsequently notified of the approval of this award by the Trustees of the Company's Employee benefit Trust on 3 December 2010.

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