Aberdeen Asia-Pacific Income Fund Inc. filed a Notice of Intention and received approval from the Toronto Stock Exchange to commence a normal course issuer bid on July 16, 2013. Under the program, the fund will repurchase up to 2,624,900 shares, representing 5% of its outstanding shares. The repurchases will be made through open market on the TSX or through the following alternative markets like Alpha ATS, CHI-X Canada, MATCH Now (TriAct Canada), Omega ATS and Pure Trading.

The actual number of shares purchased, the time of the purchases and the prices at which the shares will be bought will depend upon future market conditions. The company will not purchase in any 30 day period more than 1,049,960 ordinary shares, being 2% of the 52,498,015 issued and outstanding ordinary shares as at July 5, 2013. The company will cancel shares purchased under the bid.

The bid will commence on July 18, 2013 and end on July 17, 2014.