Aberdeen Global Income Fund, Inc. Announces Performance Data and Portfolio Composition

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Thu Jul 31, 2008 12:04pm EDT

Aberdeen Global Income Fund, Inc. Announces Performance Data and Portfolio
Composition

PHILADELPHIA, July 31 /PRNewswire-FirstCall/ -- Aberdeen Global Income Fund,
Inc. (the "Fund") (Amex: FCO), a closed-end bond fund, announced today its
performance data and portfolio composition as of June 30, 2008.

The Fund's total returns for various periods through June 30, 2008 are
provided below.  (All figures are based on distributions reinvested at the
dividend reinvestment price, and are stated net-of-fees):

    Period               NAV Total Return %       Market Price Total Return %
                     Cumulative     Annualized    Cumulative      Annualized
    Since Inception     258.0           8.1          195.6            6.9
    (March 1992)
    10-years            119.7           8.2          130.0            8.7
    5-years              49.8           8.4           36.7            6.5
    3-years              18.6           5.8           10.5            3.4
    1-year                       5.3                            0.2





The Fund's returns, which are denominated in U.S. dollars, are affected by the
performance of the U.S. dollar against the various currencies listed below. 

As of June 30, 2008, the portfolio was invested as follows:


                        Currency Exposure % *            Geographic Exposure %
    Australia                 17.1                               24.1
    United Kingdom             8.4                                7.8
    Canada                    12.5                               16.5
    New Zealand               10.8                               19.5

    United States **          23.1                                1.5

    Europe (ex UK)             0.5                                2.1
    Asia                      18.8                               10.1
    Emerging Markets           8.8                               18.4




*   Currency allocations include impact of all foreign forward currency
exchange contracts.   
** Of which 19.8% is invested in US$ denominated bonds issued by foreign
issuers.


As of June 30, 2008, the Fund's net assets, including US$30 million in bank
borrowing, amounted to US$152 million with a net asset value per share of
common stock of US$13.32.

As of June 30, 2008, 70.9% of the portfolio was invested in securities where
either the issue or the issuer was rated "A" or better, or judged by the
Investment Manager to be of equivalent quality.  The credit quality and
maturity breakdown of the portfolio was as follows:

                                 Credit Quality (%)
     AAA/Aaa        AA/Aa         A        BBB/Baa       BB/Ba          B
      41.3          16.1        13.5         8.1          15.3         5.7





                                     Maturity (%)
     <3 Years            3-5 Years           5-10 Years        >10 Years
       25.8                21.8                 37.4              15.0




As of June 30, 2008, the average maturity of the portfolio was 6.4 years. 

A revolving credit loan facility, in the amount of $30,000,000, was entered
into on March 7, 2008 with the Bank of Nova Scotia, in order to fund the
redemption of the Fund's Auction Market Preferred Stock ("AMPS") that took
place in March 2008.  The leverage is used with the intent of enhancing
returns by borrowing at interest rates that are lower than the relatively
higher yields of the emerging market fixed income securities in which the Fund
invests.  The Fund has entered into interest rate swap agreements in order to
fix the interest payable on an aggregate notional amount of $12 million, which
represents 40% of the bank loan facility.  Details regarding the revolving
credit loan facility and the interest rate swap are contained in the Fund's
annual and semi-annual reports to shareholders.  

Important Information
Aberdeen Asset Management Inc., the Fund's Administrator, has prepared this
report based on information sources believed to be accurate and reliable. 
However, the figures are unaudited and neither the Fund, the Administrator,
Aberdeen Asset Management Asia Limited (the Investment Manager), Aberdeen
Asset Management Limited (the Investment Adviser), nor any other person
guarantees their accuracy.  Investors should seek their own professional
advice and should consider the investment objectives, risks, charges and
expenses before acting on this information.

Total return figures with distributions reinvested at the dividend
reinvestment price are stated net-of-fees and represents past performance. 
Past performance is not indicative of future results, current performance may
be higher or lower.  Inception date March 12, 1992.


If you wish to receive this information electronically, please contact
InvestorRelations@aberdeen-asset.com





SOURCE  Aberdeen Global Income Fund, Inc.

Aberdeen Asset Management Inc., Investor Relations, +1-866-839-5233,
InvestorRelations@aberdeen-asset.com
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