Aberdeen Standard Investments Inc. U.S. Closed-End Funds (each, a "Fund" and, together, the "Funds") are announcing that they have all now transitioned to a common Dividend Reinvestment Plan and Optional Cash Purchase Plan ("New DRIP Plan"). Aberdeen Asia-Pacific Income Fund, Inc. (FAX), Aberdeen Australia Equity Fund, Inc. (IAF), Aberdeen Emerging Markets Equity Income Fund, Inc. (AEF) and Aberdeen Global Income Fund, Inc. (FCO) are announcing the termination of their respective Dividend Reinvestment and Direct Stock Purchase Plans (each, a "DSPP") and the adoption of the New DRIP Plan effective April 30, 2020

With their sound fundamentals and enticing yields, Australian stocks make logical additions to any portfolio.

Aberdeen Australia Equity Fund, Inc. (NYSE American: IAF) (the "Fund"), a closed-end fund, today announced that it will pay on June 30, 2020, a stock distribution of US$0.12 per share to all shareholders of record as of May 21, 2020 (ex-dividend date May 20, 2020).

Aberdeen Australia Equity Fund, Inc. (NYSE American: IAF) (the "Fund"), a closed-end fund, today announced that its Board of Directors has determined in order to provide the portfolio managers with additional flexibility to meet the Fund's investment objectives, the Fund will begin to use leverage as permitted under the Fund's investment restrictions and organizational documents. The Fund is permitted to borrow for investment purposes as may be permitted by the Investment Company Act of 1940, or any rule, order or interpretation thereunder. This allows the Fund to borrow for investment purposes in the amount up to 33⅓% of the Fund's total assets. At the present time, the Fund intends to limit the use of leverage to approximately 10-15% of its total assets. No material changes in the Fund's portfolio composition or investment approach are expected as a result of the Fund's use of leverage. To the extent the Fund utilizes leverage, it will be exposed to additional risks, including the risk that the costs of leverage could exceed the income earned by the Fund on the proceeds of such leverage. The use of leverage will increase the volatility of changes in the Fund's net asset value, market price and distributions. Additionally, in the event of a general market decline in the value of the Fund's assets, the effect of that decline will be magnified in the Fund because of the additional assets purchased with the proceeds of the leverage.

Please see below for links to each of the Aberdeen Standard Investments U.S. closed-end monthly factsheets including performance and portfolio composition as of April 30, 2020.

Aberdeen Asia-Pacific Income Fund, Inc. ("FAX"), Aberdeen Global Income Fund, Inc., Aberdeen Australia Equity Fund, Inc. and Aberdeen Income Credit Strategies Fund announced on April 15, 2020 the postponement of the 2020 annual meetings of shareholders (the "Annual Meetings") and the special meeting of shareholders of FAX (the "Special Meeting", and together with the Annual Meetings, the "Shareholder Meetings"), which were each originally scheduled to be held on Friday, April 24, 2020. This press release replaces that announcement and includes additional details for logging into the virtual Shareholder Meetings.

Please see below for links to each of the Aberdeen Standard Investments U.S. closed-end monthly factsheets including performance and portfolio composition as of October 31, 2019.

Aberdeen Australia Equity Fund, Inc. (NYSE American: IAF) (the "Fund"), a closed-end fund, today announced that the Fund has amended its quarterly distribution policy such that distributions will be paid in newly issued shares of common stock of the Fund to all shareholders who have not otherwise elected to receive cash, effective with the quarterly distribution expected to be payable in June 2020. The quarterly distribution expected to be payable in March 2020 is unaffected and will be paid in cash to all shareholders not enrolled in the Dividend Reinvestment Plan.

Aberdeen Asia-Pacific Income Fund, Inc. ("FAX"), Aberdeen Global Income Fund, Inc. ("FCO"), Aberdeen Australia Equity Fund, Inc. ("IAF") and Aberdeen Income Credit Strategies Fund ("ACP") announced today the postponement of the 2020 annual meetings of shareholders (the "Annual Meetings") and the special meeting of shareholders of FAX (the "Special Meeting", and together with the Annual Meetings, the "Shareholder Meetings"), which were each originally scheduled to be held on Friday, April 24, 2020.

Aberdeen Australia Equity Fund, Inc. (NYSE American: IAF) (the "Fund"), a closed-end equity fund, today announced that it paid on March 31, 2020 a quarterly distribution of US$0.14 per share to all shareholders of record as of March 20, 2020 (ex-dividend date March 19, 2020).

Australia represents a safe backdoor Pacific growth play supported by rock-solid fundamentals; China, Japan, South Korea, India and Hong Kong are its leading export destinations, asserts Carl Delfeld, international expert and editor of Cabot Global Stocks Explorer.

Aberdeen Australia Equity Fund, Inc. (the "Fund") (NYSE American: IAF) held its Annual Meeting of Shareholders (the "Meeting") on May 6, 2020. At the Meeting, shareholders of the Fund voted to re-elect two Class II Directors to the Board of Directors and to approve the continuation of the term of two Directors under the Fund's Corporate Governance Policies.