Holding(s) in Company

Aberdeen Asian Income Fund Limited
01 April 2008

                                                                      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):

        HBOS plc



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

        See Section 9



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

        27 March 2008



6.      Date on which issuer notified:

        28 March 2008



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

        Increase to above 5%

        Direct/ Indirect Holding

8.      Notified details:

        n/a



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
                                                 n/a                                  n/a
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                       102,519           Direct (x)     Indirect (xi)       Direct      Indirect
                                                        102,519         5,368,206         0.094%       4.929%
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

          5,470,725                       5.023%





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

     Insight Investment Management (Global) Limited* ('IIMGL') - (Indirect) -
     5,464,706 (5.017%)

     IIMGL manages holdings on behalf of other HBOS Group companies, and other
     third parties external to the HBOS Group, under various discretionary
     management agreements.

     (* - wholly owned subsidiaries of HBOS plc.)



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:

     Notification using the total voting rights figure of 108,920,000



14.  Contact name:

     Charles Mearns, Aberdeen Asset Managers Ltd



15.  Contact telephone number:

     0131 528 4132




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