Aberdeen Global Income Fund, Inc. Announces Payment Of Monthly Distribution

 Aberdeen Global Income Fund, Inc. Announces Payment Of Monthly Distribution

PR Newswire

PHILADELPHIA, Nov. 16, 2012

PHILADELPHIA, Nov. 16, 2012 /PRNewswire/ -- Aberdeen Global Income Fund, Inc.
(NYSE MKT: FCO)  (the "Fund"),  a closed-end fund, today announced that it
paid on November 16, 2012, a distribution of US $0.07 per share to all
shareholders of record as of October 31, 2012.

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Your Fund's distribution policy is to provide investors with a stable monthly
distribution out of current income, supplemented by realized capital gains
and, to the extent necessary, paid-in capital.

Under U.S. tax rules applicable to the Fund, the amount and character of
distributable income for each fiscal year can be finally determined only as of
the end of the Fund's fiscal year. However, under Section 19 of the Investment
Company Act of 1940, as amended (the "1940 Act") and related Rules, the Fund
may be required to indicate to shareholders the source of certain
distributions to shareholders.

The following table sets forth the estimated amounts of the sources of the
distribution for purposes of Section 19 of the 1940 Act and the Rules adopted
thereunder. The table has been computed based on generally accepted accounting
principles. The table includes estimated amounts and percentages for this
distribution and for the cumulative distributions paid fiscal year to date
(11/01/2011 - 10/31/2012), from the following sources: net investment income;
net realized short-term capital gains; net realized long-term capital gains;
and return of capital. The estimated composition of the distributions may
vary from month to month because the estimated composition may be impacted by
future income, expenses and realized gains and losses on securities.

                                                   Estimated     Estimated
                      Estimated       Estimated
                                                   Amounts of    Amounts of
                      Amounts of      Amounts of   Fiscal        Fiscal

                      Current Monthly Current      Year to Date  Year to Date
                      Distribution                 Cumulative    Cumulative
                      per             Distribution
                                      per          Distributions Distributions
                      share ($)                    per           per
                                      share (%)                  share (%)
                                                   share ($)
Net Investment Income $0.0595         85%          $0.7820       85%
Net Realized
Short-Term Capital    $0.0105         15%          $0.1380       15%
Gains *
Net Realized
Long-Term Capital     -               -            -             -
Return of Capital     -               -            -             -
Total (per common     $0.0700         100%         $0.9200       100%

*includes currency gains

Shareholders should not draw any conclusions about the Fund's investment
performance from the amount of the Fund's current distributions or from the
terms of the distribution policy (the "Distribution Policy").

The amounts and sources of distributions reported in this notice are only
estimates and are not being provided for tax reporting purposes. The final
determination of the source of all distributions in 2012 will be made after
year-end. The actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund's investment experience during the
remainder of the fiscal year and may be subject to change based on tax
regulations. The Fund will send you a Form 1099-DIV for the calendar year that
will tell you how to report these distributions for federal income tax

The following table provides the Fund's total return performance based on net
asset value (NAV) over various time periods compared to the Fund's annualized
and cumulative distribution rates.

Average Annual Total Return on NAV for the 5 Year Period Ending         9.73%
Current Fiscal Period's Annualized Distribution Rate on NAV^1,2         6.01%
Fiscal Year to Date (11/01/2011 to 09/30/2012)
Cumulative Total Return on NAV                                          10.36%
Cumulative Distribution Rate on NAV^1                                   6.08%

^1 Based on the Fund's NAV as of September 30, 2012.

^2 Does not include special distribution of $0.08 declared on December 22,

While NAV performance may be indicative of the Fund's investment performance,
it does not measure the value of a shareholder's investment in the Fund. The
value of a shareholder's investment in the Fund is determined by the Fund's
market price, which is based on the supply and demand for the Fund's shares in
the open market.

Pursuant to an exemptive order granted to the Fund by the Securities and
Exchange Commission on March 30, 2010, the Fund may distribute any long-term
capital gains more frequently than the limits provided in Section 19(b) under
the 1940 Act and Rule 19b-1 thereunder. Therefore, distributions paid by the
Fund during the year may include net income, short-term capital gains,
long-term capital gains and/or a return of capital. Net income dividends and
short-term capital gain dividends, while generally taxable at ordinary income
rates, may be eligible, to the extent of qualified dividend income earned by
the Fund, to be taxed at a lower long-term capital gains rate. If the total
distributions made in any calendar year exceed investment company taxable
income and net capital gain, such excess distributed amount would be treated
as ordinary income to the extent of the Fund's current and accumulated
earnings and profits. Distributions in excess of the earnings and profits
would first be a tax-free return of capital to the extent of the adjusted tax
basis in the shares. After such adjusted tax basis is reduced to zero, the
distribution would constitute capital gain (assuming the shares are held as
capital assets).

The payment of distributions in accordance with the Distribution Policy may
result in a decrease in the Fund's net assets. A decrease in the Fund's net
assets may cause an increase in the Fund's annual operating expense ratio and
a decrease in the Fund's market price per share to the extent the market price
correlates closely to the Fund's net asset value per share. The Distribution
Policy may also negatively affect the Fund's investment activities to the
extent that the Fund is required to hold larger cash positions than it
typically would hold or to the extent that the Fund must liquidate securities
that it would not have sold or hold securities that it would liquidate, for
the purpose of paying the distribution. The Distribution Policy may, under
certain circumstances, cause the amounts of taxable distributions to exceed
the levels required to be distributed under the Internal Revenue Code (i.e.,
to the extent the Fund has capital losses in any taxable year, such losses may
be carried forward to reduce the amount of capital gains required to be
distributed in future years; if distributions in a year exceed the amount
minimally required to be distributed under the tax rules, such excess will be
taxable as ordinary income to the extent loss carryforwards reduce the
required amount of capital gains distributions in that year). The Fund's
Board of Directors has the right to amend, suspend or terminate the
Distribution Policy at any time. The amendment, suspension or termination of
the Distribution Policy may affect the Fund's market price per share.
Investors should consult their tax advisor regarding federal, state and local
tax considerations that may be applicable in their particular circumstances.

Circular 230 disclosure: To ensure compliance with requirements imposed by
the U.S. Treasury, we inform you that any U.S. tax advice contained in this
communication (including any attachments) is not intended or written to be
used, and cannot be used, for the purpose of (i) avoiding penalties under the
Internal Revenue Code or (ii) promoting, marketing or recommending to another
party any transaction or matter addressed herein.

Closed-end funds are traded on the secondary market through one of the stock
exchanges. The Fund's investment return and principal value will fluctuate so
that an investor's shares may be worth more or less than the original cost.
Shares of closed-end funds may trade above (a premium) or below (a discount)
the net asset value (NAV) of the fund's portfolio. There is no assurance that
the Fund will achieve its investment objective. Past performance does not
guarantee future results.

Investors should consider a fund's investment objectives, risks, charges and
expenses carefully before investing. A copy of the prospectus for Aberdeen
Global Income Fund, Inc. that contains this and other information about the
fund may be obtained by calling 866-839-5233. Please read the prospectus
carefully before investing. Investing in funds involves risk, including
possible loss of principal.

If you wish to receive this information electronically, please contact


SOURCE Aberdeen Global Income Fund, Inc.

Website: http://www.aberdeenfco.com/
Contact: Aberdeen Asset Management Inc., Investor Relations, 866-839-5233,
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