The Singapore Fund, Inc. Announces Performance Data And Portfolio Composition

The Singapore Fund, Inc. Announces Performance Data And Portfolio Composition

PR Newswire

PHILADELPHIA, July 11, 2013

PHILADELPHIA, July 11, 2013 /PRNewswire/ --The Singapore Fund, Inc. (the
"Fund") (NYSE: SGF), a closed-end equity fund, announced today its performance
data and portfolio composition as of May 31, 2013.

(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO)

The Fund's total returns for various periods through May 31, 2013 are provided
below. (All figures are based on distributions reinvested at the dividend
reinvestment price and are stated net-of-fees):

              Cumulative as of
              05/31/13                Annualized as of 05/31/13

              
              1 Month  3 Month  YTD   1 Year 3 Years 5      10     Since
                                                     Years  Years  Inception
NAV           -4.3     0.7      1.2   26.0   11.8    4.0    14.7   5.9
Market Price  -4.0     0.2      1.2   26.2   12.4    4.3    15.8   5.1
MSCI          -5.0     -0.3     1.3   22.7   11.8    4.2    15.7   7.2
Singapore

On May 31, 2013, the Fund's net assets amounted to US$118.2 million and the
Fund's NAV per share was $15.56.

As of May 31, 2013, the portfolio was invested as follows:

Portfolio Composition  Percent of
                       Net Assets
Financials             46.2
Industrials            36.8
Telecommunications     4.2
Consumer Discretionary 3.9
Health Care            3.7
Information Technology 3.2
Consumer Staples       0.3
Cash                   1.7

The Fund's ten largest equity holdings as of May 31, 2013, representing 61.0%
of net assets, were:

                                    Percent of
Stock
                                    Net Assets
Oversea-Chinese Banking Corporation 9.6
United Overseas Bank                9.0
Keppel Corporation                  8.0
Jardine Matheson                    7.7
DBS Group Holdings                  5.7
City Developments                   5.6
Singapore Telecom                   4.2
Singapore Technologies Engineering  4.2
SembCorp Marine                     4.1
Bukit Sembawang                     3.2

Important Information
Aberdeen Asset Management Inc. has prepared this report based on information
sources believed to be accurate and reliable. However, the figures are
unaudited and neither the Fund, Aberdeen Asset Management Inc. (the current
Administrator), Daiwa Securities Trust Company (the former Administrator),
Aberdeen Asset Management Asia Limited (the Investment Manager), 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. Aberdeen is a U.S.
registered service mark of Aberdeen Asset Management PLC.

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.

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. Holdings are subject to change and are provided for
informational purposes only and should not be deemed as a recommendation to
buy or sell the securities shown. Inception date July 31, 1990.

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



SOURCE The Singapore Fund, Inc.

Website: http://www.aberdeensgf.com
Contact: Aberdeen Asset Management Inc., Investor Relations, 866-839-5205,
InvestorRelations@aberdeen-asset.com