First Interim Dividend

abrdn Asian Income Fund Limited (the "Company")

Legal Entity Identifier (LEI): 549300U76MLZF5F8MN87

15 April 2025

Declaration of First Interim Dividend

Highlights

· Annualised dividend yield of 6.95%.

· First quarterly interim dividend of 3.65p per share.

· Despite volatile market conditions of late, the Board remains confident that the Company's focus on high-quality, dividend-paying companies continues to provide a resilient foundation for delivering positive outcomes over time.

The Board has declared a first quarterly interim dividend of 3.65 pence per share for the year ended 31 December 2025, which will be paid on 23 May 2025 to shareholders on the register at the close of business on 25 April 2025. The ex-dividend date is 24 April 2025.

Based on a share price of 210p on 31 March 2025, this equates to an annualised dividend yield of 6.95%.

This is the first dividend payment announced by the Company's following the introduction of the enhanced dividend policy earlier this year, as part of efforts to broaden the appeal of the Company's shares to a wider range of investors and to reflect the sustained investor appetite for yield in the current interest rate environment.

Despite recent market volatility sparked by US Government announcements on global tariffs, the Board remains confident that the Company's focus on high-quality, dividend-paying businesses provides a resilient foundation for delivering positive long term outcomes. APAC markets, while facing these ongoing geopolitical and trade-related headwinds, continue to offer fertile ground for dividend investing, underpinned by strong corporate balance sheets, robust cash flows, and a growing commitment to shareholder returns.

Asia offers investors some of the most diverse income sources in the world, both geographically and across sectors - from globally competitive technology firms in Taiwan and South Korea, to resource-rich companies in Australia, and high-yielding financial institutions in Singapore and India. This breadth supports a well-balanced income strategy that can weather different market conditions while offering meaningful exposure to long-term growth themes such as urbanisation, rising consumption and digital transformation across the region.

The Company offers the option for shareholders to invest their dividend in a Dividend Reinvestment Plan ('DRIP'), which is managed by the Company's Registrar, Computershare Investor Services PLC. The deadline for elections under the DRIP is 1 May 2025.

Note:

The Company's dividend policy, as announced on 16 January 2025, is to set the dividend at 1.5625% per quarter of the Company's net asset value ("NAV"), equating to approximately 6.25% of NAV per annum. The dividend is calculated using the Company's NAV on the last business day of the preceding financial quarter (i.e. the end of March, June, September and December). The first quarterly interim dividend of 3.65 pence per share is based on 1.5625% of the Company's NAV of 233.63p per share as at 31 March 2025.

For further information, please contact:

Aberdeen (Investment Manager):

Ben Heatley, Head of Closed End Fund Sales

[email protected]

Maria Allen, Client Director, Closed End Funds

[email protected]

Peel Hunt LLP (Corporate Broker):

Luke Simpson, Huw Jeremy (Investment Banking)

Alex Howe, Richard Harris (Sales)

020 7418 8900