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

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PHILADELPHIA, Sept. 4, 2012 /PRNewswire/ -- The Singapore Fund, Inc. (the "Fund") (NYSE: SGF), a closed-end equity fund, announced today its performance data and portfolio composition as of July 31, 2012.

The Fund's total returns for various periods through July 31, 2012 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

Period

Net Asset Value

Market Price

Fiscal Year-to-Date

14.1

11.3

1 Month

8.3

7.2

3 Months

4.9

5.2

12 Months

-2.8

-6.2

On July 31, 2012, the Fund's net assets amounted to US$113.5 million and the Fund's NAV per share was $15.14.

As of July 31, 2012, the portfolio was invested as follows:

Portfolio Composition

Percent of
Net Assets

Financials

45.1

Industrials

18.0

Diversified

15.7

Consumer, Cyclical

11.6

Communications

5.1

Consumer, Non-Cyclical

3.3

Cash

1.2

The Fund's ten largest equity holdings as of July 31, 2012, representing 64.0% of net assets, were:

Stock

Percent of
Net Assets

Oversea-Chinese Banking Corporation Ltd.

10.0

United Overseas Bank Ltd.

9.5

Fraser and Neave Ltd.

7.3

Keppel Corporation Ltd.

7.0

Jardine Matheson Holdings Ltd.

6.8

City Developments Ltd.

6.3

DBS Group Holdings Ltd.

4.6

Singapore Technologies Engineering

4.5

Singapore Telecommunications Ltd.

4.1

SembCorp Marine Ltd.

3.9

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, Daiwa Securities Trust Company (the 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 have a one-time initial public offering and then are subsequently traded on the secondary market through one of the stock exchanges. The 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 a fund will achieve its investment objective. Past performance does not guarantee future results.

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.



RELATED LINKS
http://www.aberdeensgf.com

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