Aberdeen Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition

Jun 02, 2010, 10:45 ET from Aberdeen Emerging Markets Telecommunications Fund, Inc.

PHILADELPHIA, June 2 /PRNewswire-FirstCall/ -- Aberdeen Emerging Markets Telecommunications Fund, Inc. (the "Fund") (NYSE Amex: ETF), a closed-end equity fund, announced today its performance data and portfolio composition as of April 30, 2010.

The Fund's total returns for various periods through April 30, 2010 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

Period

NAV Total Return %

Market Price Total Return %

Cumulative

Annualized

Cumulative

Annualized

Since inception (June 1992)

278.2

7.7

231.7

6.9

10-years

28.4

2.5

42.8

3.6

5-years

84.2

13.0

86.9

13.3

3-years

-6.4

-2.2

-15.4

-5.4

1-year

26.9

21.7

On April 30, 2010, the Fund's net assets amounted to US$157.9 million and the Fund's NAV per share was $19.14.

As of April 30, 2010, the portfolio was invested as follows:

Portfolio Composition

Geographic Exposure %

Hong Kong

12.5

Mexico

10.5

India

8.6

Taiwan

8.1

Indonesia

7.5

Russia

5.8

Israel

5.7

Malaysia

5.0

Singapore

4.3

Netherlands

4.2

United States

4.2

Portugal

4.1

Thailand

4.0

South Africa

3.8

Kenya

3.6

Chile

3.1

Croatia

2.4

Morocco

2.3

Brazil

0.3

The Fund's ten largest equity holdings as of April 30, 2010, representing 67.4% of net assets, were:

Stock

Percent of

Net Assets

China Mobile Limited

11.8

America Movil SAB de CV

10.5

Bharti Airtel Limited

8.6

Taiwan Mobile Company Limited

8.0

Mobile Telesystems OJSC

5.9

Digi.com Berhad

5.0

Bezeq Israeli Telecommunications Corporation Limited

4.9

Singapore Telecommunications

4.3

Telekomunikasi TBK

4.2

Vimpel Communications

4.2

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 Investment Services Limited (the Investment Adviser), 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.

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 June 17, 1992.

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

SOURCE Aberdeen Emerging Markets Telecommunications Fund, Inc.