Director/PDMR Shareholding

ABERDEEN ASSET MANAGEMENT PLC

Aberdeen Asset Management PLC ("the Company") announces the following information in relation to the executive directors' shareholdings, awarded as a significant proportion of annual remuneration.

Martin Gilbert

As part of the 2015 variable pay awards, Mr Gilbert has been granted an award over 856,240 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 335.0p per share, was recommended by the Remuneration Committee and confirmed on 2 December 2015. As a consequence, Mr Gilbert's aggregate conditional interest in the Company's shares is 1,996,442 (0.15%), which will vest over the period to December 2020.

Mr Gilbert sold 1,696,605 ordinary shares awarded under the Company's Deferred Share Award Plan. These awards represented an element of his variable pay awards for 2009, 2010 and 2011. Mr Gilbert sold these shares, held in the name of Wealth Nominees Limited Designation Waived, at 314.8p per share on 1 December 2015. The Company was notified on 2 December 2015. 

Following these transactions, Mr Gilbert holds a total of 183,865 ordinary shares, representing 0.01% of the Company's issued share capital. He also has an unconditional entitlement to a further 2,173,565 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2011, 2012, 2013 and 2014 which have reached their earliest vesting dates.  Mr Gilbert's aggregate unconditional interest in the Company's shares is therefore 2,357,430 shares (0.18%).

Mr Gilbert's aggregate conditional and unconditional shares total 4,353,872 ordinary shares.

Andrew Laing

As part of the 2015 variable pay awards, Mr Laing has been granted an award over 167,890 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 335.0p per share, was recommended by the Remuneration Committee and confirmed on 2 December 2015. As a consequence, Mr Laing's aggregate conditional interest in the Company's shares is 382,540 (0.03%), which will vest over the period to December 2020.

Mr Laing sold 59,111 ordinary shares awarded under the Company's Deferred Share Award Plan. These awards represented an element of his variable pay awards for 2013 and 2014. Mr Laing sold these shares, held in the name of Wealth Nominees Limited Designation Waived, at 314.8p per share on 1 December 2015. The Company was notified on 2 December 2015. 

Following these transactions, Mr Laing holds a total of 42,680 ordinary shares in the Company, representing 0.003% of the Company's issued share capital. He also has an unconditional entitlement to a further 316,887 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2009, 2010, 2011 and 2012 which have reached their earliest vesting dates. Mr Laing's aggregate unconditional interest in the Company's shares is therefore 359,567 shares (0.02%).

Mr Laing's aggregate conditional and unconditional shares total 742,107 ordinary shares.

Rod MacRae

As part of the 2015 variable pay awards, Mr MacRae has been granted an award over 128,715 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 335.0p per share, was recommended by the Remuneration Committee and confirmed on 2 December 2015. As a consequence, Mr MacRae's aggregate conditional interest in the Company's shares is 291,719 (0.02%), which will vest over the period to December 2020.

Mr MacRae holds a total of 32,028 ordinary shares in the Company, representing 0.002% of the Company's issued share capital. He also has an unconditional entitlement to a further 354,723 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2010, 2011, 2012, 2013 and 2014 which have reached their earliest vesting dates. Mr MacRae's aggregate unconditional interest in the Company's shares is therefore 386,751 shares (0.03%).

Mr MacRae's aggregate conditional and unconditional shares total 678,470 ordinary shares.

Bill Rattray

As part of the 2015 variable pay awards, Mr Rattray has been granted an award over 167,890 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 335.0p per share, was recommended by the Remuneration Committee and confirmed on 2 December 2015. As a consequence, Mr Rattray's aggregate conditional interest in the Company's shares is 379,212 (0.03%), which will vest over the period to December 2020.

Mr Rattray sold 379,582 ordinary shares awarded under the Company's Deferred Share Award Plan. These awards represented an element of his variable pay awards for 2009 and 2010. Mr Rattray sold these shares, held in the name of Wealth Nominees Limited Designation Waived, at 314.8p per share on 1 December 2015. The Company was notified on 2 December 2015. 

Following these transaction, Mr Rattray holds a total of 2,298,792 ordinary shares in the Company, representing 0.17% of the Company's issued share capital. He also has an unconditional entitlement to a further 498,941 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2011, 2012, 2013 and 2014 which have reached their earliest vesting dates. Mr Rattray's aggregate unconditional interest in the Company's shares is therefore 2,797,733 shares (0.21%).

Mr Rattray's aggregate conditional and unconditional shares total 3,176,945 ordinary shares.

Anne Richards

As part of the 2015 variable pay awards, Ms Richards has been granted an award over 332,980 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 335.0p per share, was recommended by the Remuneration Committee and confirmed on 2 December 2015. As a consequence, Ms Richards's aggregate conditional interest in the Company's shares is 805,904 (0.06%), which will vest over the period to December 2020.

Ms Richards holds 554,095 ordinary shares in the Company, representing 0.04% of the Company's issued share capital She also has an unconditional entitlement to a further 226,471 ordinary shares in respect of awards made as part of the Company's variable pay awards in 2012, 2013 and 2014 which have reached their earliest vesting dates. Ms Richards aggregate unconditional interest in the Company's shares is therefore 780,566 shares (0.06%).

Ms Richards aggregate conditional and unconditional shares total 1,586,470 ordinary shares.

Hugh Young

As part of the 2015 variable pay awards, Mr Young has been granted an award over 761,100 ordinary shares in the Company, exercisable in five equal tranches over the following five years. This award, calculated at a price of 335.0p per share, was recommended by the Remuneration Committee and confirmed on 2 December 2015. As a consequence, Mr Young's aggregate conditional interest in the Company's shares is 1,868,278 (0.14%), which will vest over the period to December 2020.

Mr Young sold 533,966 ordinary shares awarded under the Company's Deferred Share Award Plan. These awards represented an element of his variable pay awards for 2012, 2013 and 2014. Mr Young sold these shares, held in the name of Wealth Nominees Limited Designation Waived, at 314.8p per share on 1 December 2015. The Company was notified on 2 December 2015. 

Following these transactions, Mr Young holds 450,000 ordinary shares in the Company, representing 0.03% of the Company's issued share capital.

Mr Young's aggregate conditional and unconditional shares total 2,318,278 ordinary shares.

Following these transactions, all executive directors satisfy the Group's requirement that they hold an unconditional interest in the Company's shares of 300% of their annual salary.

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