Director/PDMR Shareholding

ABERDEEN ASSET MANAGEMENT PLC

Aberdeen Asset Management PLC ("the Company") announces the following information in relation to the executive director's shareholdings.

Martin Gilbert

Based on the Company's performance for the three years to 30 September 2012, 67,022 ordinary shares (100% of the award made in 2009 under the Group's Long-Term Incentive Plan) have vested. Mr Gilbert sold the 67,022 shares at 339.0p per share, on 3 December 2012. These shares were held in Mr Gilbert's own name. The Company was notified on 4 December 2012.

Following these transactions, Mr Gilbert holds a total of 2,200,486 ordinary shares in the Company, representing 0.18% of the Company's issued share capital. He also has an unconditional entitlement to a further 4,248,492 ordinary shares in respect of awards made as part of the Company's deferred bonus arrangements in 2007, 2008, 2009, 2010 and 2011 which have reached their earliest vesting dates.  Mr Gilbert's aggregate unconditional interest in the Company's shares is therefore 6,448,978 shares (0.54%)

Mr Gilbert has been granted an award over a further 899,824 ordinary shares, exercisable in four equal tranches over the following four years, as part of the 2012 annual bonus programme; this award, calculated at a price of 333.4p per share, was recommended by the Remuneration Committee and confirmed on 4 December 2012. As a consequence, Mr Gilbert's aggregate conditional interest in the Company's shares is 2,365,240 (0.20%), which will vest over the period to December 2016.

Andrew Laing

1. Based on the Company's performance for the three years to 30 September 2012, 57,192 ordinary shares (100% of the award made in 2009 under the Group's Long-Term Incentive Plan) have vested. Mr Laing sold the 57,192 shares at 339.0p per share on 3 December 2012. These shares were held in Mr Laing's own name. The Company was notified on 4 December 2012.

2. Mr Laing exercised 89,000 unapproved 1994 executive share options issued on 11 June 2003 at 42p per share and 89,000 unapproved 1994 executive share options issued on 23 January 2004 at 59p per share. Mr Laing sold the 178,000 resulting ordinary shares at 338p per share on 3 December 2012. The Company was notified on 4 December 2012.

Following these transactions, Mr Laing holds a total of 612,430 ordinary shares in the Company, representing 0.05% of the Company's issued share capital. He also has an unconditional entitlement to a further 642,339 ordinary shares in respect of awards made as part of the Company's deferred bonus arrangements in 2007, 2008, 2009, 2010 and 2011 which have reached their earliest vesting dates. Mr Laing's aggregate unconditional interest in the Company's shares is therefore 1,254,769 shares (0.10%).

Mr Laing has been granted an award over a further 174,344 ordinary shares, exercisable in four equal tranches over the following three years, as part of the 2012 annual bonus programme; this award, calculated at a price of 333.4p per share, was recommended by the Remuneration Committee and confirmed on 4 December 2012. As a consequence, Mr Laing's aggregate conditional interest in the Company's shares is 463,244 (0.4%), which will vest over the period to December 2016.

Rod MacRae

Mr MacRae sold 176,991 ordinary shares in the Company awarded under the Company's Deferred Share Award Plan. These awards represented an element of Mr MacRae's annual bonus earned under the annual bonus scheme for 2009, 2010 and 2011. Mr MacRae sold the 176,991 shares, held in the name of Greenwood Nominees Limited Designation 112360, at 339.0p per share on 3 December 2012. The Company was notified on 4 December 2012. 

Following this transaction, Mr MacRae holds 32,028 ordinary shares in the Company, representing 0.002% of the Company's issued share capital.

Mr MacRae has been granted an award over a further 134,976 ordinary shares, exercisable in four equal tranches over the following four years, as part of the 2012 annual bonus programme; this award, calculated at a price of 333.4p per share, was recommended by the Remuneration Committee and confirmed on 4 December 2012. As a consequence, Mr MacRae's aggregate conditional interest in the Company's shares is 318,655 (0.03%), which will vest over the period to December 2016.

Bill Rattray

Based on the Company's performance for the three years to 30 September 2012, 53,617 ordinary shares (100% of the award made in 2009 under the Group's Long-Term Incentive Plan) have vested. Mr Rattray sold the 53,617 shares at 339.0p per share on 3 December 2012. These shares were held in Mr Rattray's own name. The Company was notified on 4 December 2012.

Following this transaction, Mr Rattray holds 2,154,792 ordinary shares in the Company, representing 0.18% of the Company's issued share capital. He also has an unconditional entitlement to a further 625,068 ordinary shares in respect of awards made as part of the Company's deferred bonus arrangements in 2007, 2008, 2009, 2010 and 2011 which have reached their earliest vesting dates. Mr Rattray's aggregate unconditional interest in the Company's shares is therefore 2,779,860 shares (0.23%).

Mr Rattray has been granted an award over a further 168,720 ordinary shares, exercisable in four equal tranches over the following four years, as part of the 2012 annual bonus programme; this award, calculated at a price of 333.4p per share, was recommended by the Remuneration Committee and confirmed on 4 December 2012. As a consequence, Mr Rattray's aggregate conditional interest in the Company's shares is 447,850 (0.04%), which will vest over the period to December 2016.

Anne Richards

1. Ms Anne Richards sold 400,000 ordinary shares in the Company at a price of 337.8 pence per ordinary share on 3 December 2012. The shares were registered in the name of Barclays Stockbrokers Limited. The Company was notified on 4 December 2012.

2. Ms Richards also exercised 300,000 share options issued under the Company's Long Term Incentive Plan resulting in 300,000 ordinary shares in the Company being transferred into Ms Richard's own name.

Following these transactions, Ms Richards holds 790,639 ordinary shares in the Company, representing 0.07% of the Company's issued share capital. She also has an unconditional entitlement to a further 1,107,049 ordinary shares in respect of awards made as part of the Company's deferred bonus arrangements in 2007, 2008, 2009, 2010 and 2011 which have reached their earliest vesting dates. Ms Richard's aggregate unconditional interest in the Company's shares is therefore 1,897,688 shares (0.16%).

Ms Richards has been granted an award over a further 382,424 ordinary shares, exercisable in four equal tranches over the following four years, as part of the 2012 annual bonus programme; this award, calculated at a price of 333.4p per share, was recommended by the Remuneration Committee and confirmed on 3 December 2012. As a consequence, Ms Richard's aggregate conditional interest in the Company's shares is 976,944 (0.08%), which will vest over the period to December 2016.

Hugh Young

1. Mr Young sold 1,316,967 ordinary shares in the Company awarded under the Company's Deferred Share Award Plan. These awards represented an element of Mr Young's annual bonus earned under the annual bonus scheme for 2009, 2010 and 2011. Mr Young sold the 1,316,967 shares, held in the name of Greenwood Nominees Limited Designation 112360, at 339.0p per share on 3 December 2012. The Company was notified on 4 December 2012.

2. Mr Young also exercised 150,000 share options issued under the Company's Long Term Incentive Plan resulting in 150,000 ordinary shares in the Company being transferred into his ownership, in the name of Giltspur Nominees Limited.

Following these transactions, Mr Young holds 300,000 ordinary shares in the Company, representing 0.02% of the Company's issued share capital.

Mr Young has been granted an award over a further 899,824 ordinary shares, exercisable in four equal tranches over the following four years, as part of the 2012 annual bonus programme; this award, calculated at a price of 333.4p per share, was recommended by the Remuneration Committee and confirmed on 4 December 2012. As a consequence, Mr Young's aggregate conditional interest in the Company's shares is 2,325,803 (0.19%), which will vest over the period to December 2016.

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