First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for

  First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly
  Common Share Distribution of $0.13 Per Share for February

Business Wire

WHEATON, Ill. -- January 22, 2013

First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM)
has declared the Fund’s regularly scheduled monthly common share distribution
payable on February 15, 2013 to shareholders of record as of February 5, 2013.
The ex-dividend date is expected to be February 1, 2013. The monthly
distribution information for the Fund appears below.

First Trust/Aberdeen Global Opportunity Income Fund (FAM):             
Distribution per share:                                                  $0.13
Distribution Rate based on the January 18, 2013 NAV of $18.38:           8.49%
Distribution Rate based on the January 18, 2013 closing market price     8.55%
of $18.25:
                                                                         

The majority, and possibly all, of this distribution will be paid out of net
investment income earned by the Fund. A portion of this distribution may come
from net short-term realized capital gains or return of capital. The final
determination of the source and tax status of all 2013 distributions will be
made after the end of 2013.

The Fund is a diversified, closed-end management investment company that seeks
to provide a high level of current income. As a secondary objective, the Fund
seeks capital appreciation. The Fund pursues these investment objectives by
investing in the world bond markets through a diversified portfolio of
investment grade and below-investment grade government and corporate debt
securities.

First Trust Advisors L.P., the Fund’s investment advisor, along with its
affiliate First Trust Portfolios L.P., are privately-held companies which
provide a variety of investment services, including asset management and
financial advisory services, with collective assets under management or
supervision of approximately $63 billion as of December 31, 2012 through unit
investment trusts, exchange-traded funds, closed-end funds, mutual funds and
separate managed accounts.

Aberdeen Asset Management Inc. (“Aberdeen”) serves as the Fund’s investment
sub-advisor. Aberdeen is a wholly owned subsidiary of Aberdeen Asset
Management PLC which is the parent company of an asset management group
managing approximately $314.3 billion in assets as of December 31, 2012,
including approximately $59.7 billion in global fixed-income securities, for a
range of pension funds, financial institutions, investment trusts, unit
trusts, offshore funds, charities and private clients.

Past performance is no assurance of future results. Investment return and
market value of an investment in the Fund will fluctuate. Shares, when sold,
may be worth more or less than their original cost.

Principal Risk Factors: Investment in this Fund involves investment and market
risk, management risk, non-investment grade securities risk, fixed-income
securities risk, U.S. and non-U.S. interest rate risk, U.S. and non-U.S.
government securities risk, country risk, currency risk, leverage risk, market
discount risk, portfolio turnover risk, and illiquid/restricted securities
risk. Non-investment grade debt issues are considered speculative with respect
to the issuer’s ability to pay interest and repay principal which may result
in a reduction of the Fund’s NAV. Investment in foreign government debt may
include bonds issued by countries considered to be emerging markets which may
affect the volatility of the Fund’s NAV. The risks of investing in the Fund
are spelled out in the prospectus, shareholder reports and other regulatory
filings.

The Fund’s daily closing New York Stock Exchange price and net asset value per
share as well as other information can be found at www.ftportfolios.com or by
calling 1-800-988-5891.

Contact:

First Trust/Aberdeen Global Opportunity Income Fund
Press Inquiries: Jane Doyle, 630-765-8775
Analyst Inquiries: Jeff Margolin, 630-915-6784
Broker Inquiries: Jeff Margolin, 630-915-6784