Holding(s) in Company

Aberdeen Asian Income Fund Limited
12 October 2007

                                                                      APPENDIX 3



TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES



(1).      Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

            Aberdeen Asian Income Fund Limited



2.         Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights: Yes



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No



An event changing the breakdown of voting rights: No



Other: No



3.         Full name of person(s) subject to the notification obligation (iii):

            Rensburg Sheppards Investment Management Limited



4.         Full name of shareholder(s) (if different from 3.) (iv):

            n/a



5.         Date of the transaction and date on which the threshold is crossed or
  reached (v):

            4 October 2007



6.         Date on which issuer notified:

            12 October 2007



7.         Threshold(s) that is/are crossed or reached:

            3%



8.         Notified details:

            Nominee Holdings



A: Voting rights attached to shares


                             Situation previous to the Triggering Transaction
Class/type of shares if possible           Number of shares             Number of voting Rights (viii)
using the ISIN CODE
Ord NPV Shares
                                              4,854,100                            4,854,100
ISIN GB00B0P6J834




Resulting situation after the triggering transaction (vii)


Class/type of shares if          Number of shares       Number of voting rights (ix)       % of voting rights
possible using the ISIN CODE
Ord NPV Shares                         n/a             Direct (x)     Indirect (xi)       Direct      Indirect
                                                          n/a           3,691,500           n/a        3.36%
ISIN GB00B0P6J834




B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.
n/a             n/a                   n/a                       n/a                         n/a





Total (A+B)
   Number of voting rights          % of voting rights

          3,691,500                        3.36%





9.      Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):

Client holdings registered in the name of Nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited



Proxy Voting:



10.    Name of the proxy holder:

            n/a



11.       Number of voting rights proxy holder will cease to hold:

            n/a.



12. Date on which proxy holder will cease to hold voting rights:

            n/a.



13.       Additional information:

            n/a



14.       Contact name:

            Charles Mearns, Aberdeen Private Wealth Management Ltd



15.       Contact telephone number:

            0131 313 6442




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