Director/PDMR Shareholding

ABERDEEN ASSET MANAGEMENT PLC

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

1. Based on the Company's performance for the three years to 30 September 2010, 64,484 ordinary shares (approximately 84.7% of the award made in 2007 under the Group's Long-Term Incentive Plan) have vested and 11,643 ordinary shares (being the balance of the 2007 award) have been forfeited. Mr Gilbert sold the 64,484 shares which vested at 182p per share on 1 December 2010. These shares were previously registered in Mr Gilbert's own name. The Company was notified on 3 December 2010.

2. Mr Gilbert transferred 60,000 ordinary shares by way of gift to other members of his family on 30 November 2010. These shares were previously registered in Mr Gilbert's own name. The Company was notified on 3 December 2010.

3. Mr Gilbert sold 1,000,000 ordinary shares at 179.5229p per share on 1 December 2010 and 500,000 ordinary shares at 190p per share on 2 December 2010. The shares were previously held in a nominee account, HSDL Nominees Limited. The Company was notified on 3 December 2010.

4. On 6 December 2010 3,261 ordinary shares were issued to Mr Gilbert upon conversion of 3 6.75% Convertible Preference Share Units, in accordance with the terms and conditions of issue of such units as contained in the Company's prospectus dated 3 June 2005. The shares are held in a nominee account, Securities Services Nominees Limited. The Company was notified of the issue on 6 December 2010.

Following these transactions, Mr Gilbert holds a total of 6,652,920 ordinary shares in the Company, representing 0.58% of the Company's issued share capital. Mr Gilbert also has an unconditional entitlement to a further 1,675,609 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 Gilbert has been awarded a further 1,382,682 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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