Interim Management Statement

ABERDEEN ASSET MANAGEMENT PLC

INTERIM MANAGEMENT STATEMENT - NINE MONTHS TO 30 JUNE 2013

Highlights

·; Assets under management £209.6 billion

·; £9.7 billion of new business won in the quarter; £34.3 billion for the nine months to 30 June 2013

·; Net outflows of £3.4 billion during the quarter, of which £0.3 billion relates to AuM acquired from Artio

·; Net outflows mainly from lower margin products

·; Gross inflows to GEM equities slowed by our capacity management measures

·; Small net outflow from GEM equities is in line with our expectations and largely offset by net inflows to Asia Pacific

·; Net new business inflows of £1.0 billion for the nine months to 30 June 2013

Martin Gilbert, Chief Executive of Aberdeen, commented:

"We have delivered resilient figures during the third quarter given the volatile global market conditions. Our disciplined investment approach meant a broad range of our products attracted interest from investors although towards the end of the period outflows increased due to heightened market turbulence. The net outflow also reflects the deliberate steps we have taken to manage the capacity of our Global Emerging Market equity funds for the benefit of existing clients.

"During the quarter we were pleased to complete two transactions - Artio Global Investors and SVG Advisors - and I would like to welcome our new colleagues to the group. The investment capabilities that these two businesses bring, alongside our existing expertise across equities, fixed income, property and solutions means we are well placed to continue to meet the long-term needs of our clients in what is likely to remain a difficult environment."

Assets under management ("AuM") at 30 June 2013 totalled £209.6 billion, a 1% decrease on 31 March 2013, as summarised in the following table.

We added gross new business totalling £9.7 billion in the quarter, compared to £8.8 billion for the same quarter last year, bringing the total for the nine month period to 30 June 2013 to £34.3 billion (2012: £27.0 billion). Gross inflows have reduced compared to previous quarters, largely due to the success of the further action we have taken to manage capacity in our global emerging market equity ("GEM") funds.

Overall, we saw net new business outflows for the quarter of £3.1 billion from the Group's existing AuM (2012: net inflow £0.3 billion), and a further net outflow of £0.3 billion from the AuM acquired from Artio; there were no net flows in relation to the assets acquired with the SVG transaction. Approximately £2.5 billion of the net outflows occurred in June, as investor sentiment reacted to increased market volatility. There was a small net outflow from equities and, in particular, the £0.9 billion of net outflows from GEM funds was consistent with our expectations of the impact of our capacity management action. This was partially offset by flows into our Asia Pacific equity strategies, including Japanese equities where we continue to see interest. Recent volatility in markets undoubtedly had an impact on investor sentiment and net flows to our emerging market debt funds turned negative in the last few weeks of the quarter. Nevertheless, for the nine month period to 30 June 2013 net new business inflows totalled £1.0 billion (2012: net outflow £0.1 billion).

An analysis of the new business figures for the nine months to 30 June 2013 is provided at the end of this statement.

Our long term investment philosophy and disciplined process have again served investors well, despite the difficult market conditions experienced from time to time, and this is reflected in solid performance against benchmarks.

During the quarter, we completed the two small infill transactions we announced earlier in the year - Artio Global Investors, which has added £5.9 billion of fixed income and £0.8 billion of international equity AuM, and SVG Advisers Limited, which brought £4.3 billion in funds of private equity. As mentioned above, and consistent with expectations, we saw some small net outflows from the Artio AuM in the period after completion of the transaction.

We continue to focus our distribution effort on markets with the largest asset pools, particularly USA and Europe. The brand refresh which we implemented in mid-May has been well received and we believe this to be an important component in our effort to broaden our distribution into these markets.

As recent weeks have demonstrated, global markets remain susceptible to volatility but we continue to trade in line with our expectations and we remain confident that we can continue the organic growth of the Group's revenue and profit.

For further information please contact:

Aberdeen Asset Management PLC

Martin Gilbert Chief Executive +44 (0) 20 7463 6000

Bill Rattray Finance Director +44 (0) 20 7463 6000

Maitland

Neil Bennett +44 (0) 20 7379 5151

Tom Eckersley +44 (0) 20 7379 5151

Management will host a conference call for analysts and institutions at 08:00 BST today.

Participant Joining Details

UK Freefone: 0800 783 0906

UK Direct: 01296 480 100

International direct: +44 1296 480 100

Passcode: 424 106

ASSETS UNDER MANAGEMENT AT 30 JUNE 2013

OVERALL NEW BUSINESS FLOWS FOR 9 MONTHS TO 30 JUNE 2013 - BY MANDATE TYPE

OVERALL NEW BUSINESS FLOWS FOR 9 MONTHS TO 30 JUNE 2013 - BY ASSET CLASS

NEW BUSINESS FLOWS FOR 9 MONTHS TO 30 JUNE 2013 - EQUITIES

NEW BUSINESS FLOWS FOR 9 MONTHS TO 30 JUNE 2013 - FIXED INCOME

NEW BUSINESS FLOWS FOR 9 MONTHS TO 30 JUNE 2013 - ABERDEEN SOLUTIONS