The Greater China Fund, Inc. Announces Performance Data And Portfolio Composition

    The Greater China Fund, Inc. Announces Performance Data And Portfolio

PR Newswire

PHILADELPHIA, Aug. 2, 2013

PHILADELPHIA, Aug. 2, 2013 /PRNewswire/ --The Greater China Fund, Inc. (the
"Fund")(NYSE: GCH), a closed-end equity fund, announced today its performance
data and portfolio composition as of June 30, 2013.

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The Fund's total returns for various periods through June 30, 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 06/30/13 Annualized as of 06/30/13
                   1 Month   3 Month  YTD    1 Year  3 Years  5 Years
NAV                -4.9      -3.2     -4.9   10.2    2.5      0.0
Market Price       -7.4      -9.2     -14.8  2.9     1.2      -2.6
MSCI Golden Dragon -5.2      -3.8     -5.2   11.0    5.3      2.5

On June 30, 2013, the Fund's net assets amounted to US$106.0 million and the
Fund's NAV per share was $12.76.

As of June 30, 2013, the portfolio was invested as follows:

                       Percent of
Portfolio Composition
                       Net Assets
Financials             32.5
Industrials            16.6
Consumer Discretionary 12.8
Information Technology 12.8
Telecommunications     8.5
Energy                 7.4
Consumer Staples       5.8
Materials              2.1
Utilities              0.3
Cash                   1.2

The Fund's ten largest equity holdings as of June 30, 2013, representing 57.4%
of net assets, were:

                     Percent of
                     Net Assets
HSBC Holdings        9.4
Jardine Strategic    7.8
Taiwan Semiconductor 7.4
AIA Grp              7.3
MTR Corporation      4.9
Taiwan Mobile        4.4
Swire Properties     4.3
China Mobile         4.2
Hang Lung Properties 4.0
Petrochina           3.8

Important Information

This report has been prepared based on information sources believed to be
accurate and reliable. However, the figures are unaudited and neither the
Fund, 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 23, 1992.

If you wish to receive this information electronically, please contact:

SOURCE The Greater China Fund, Inc.

Contact: Aberdeen Asset Management Inc., Investor Relations, 866-839-5205,
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