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

Jan 06, 2010, 15:13 ET from The Emerging Markets Telecommunications Fund, Inc.

PHILADELPHIA, Jan. 6 /PRNewswire-FirstCall/ -- The 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 November 30, 2009.

The Fund's total returns for various periods through November 30, 2009 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       266.0          7.7         221.3              6.9
     (June 1992)
    10-years               47.0          3.9          66.7              5.2
    5-years                79.4         12.4          84.6             13.0
    3-years                 3.7          1.2          -0.4             -0.1
    1-year                        30.1                         45.1


On November 30, 2009, the Fund's net assets amounted to US$153.9 million and the Fund's NAV per share was $18.66.

As of November 30, 2009, the portfolio was invested as follows:



    Portfolio Composition             Geographic Exposure %
    Hong Kong                                          12.2
    Mexico                                             10.0
    Russia                                              8.9
    Taiwan                                              8.5
    India                                               8.4
    Indonesia                                           7.4
    Israel                                              5.5
    Portugal                                            4.9
    Malaysia                                            4.6
    Singapore                                           4.2
    South Africa                                        4.1
    Thailand                                            4.1
    Hungary                                             4.0
    United States                                       3.8
    Kenya                                               3.2
    Chile                                               3.0
    Croatia                                             2.7
    Brazil                                              0.5


The Fund's ten largest equity holdings as of November 30, 2009, representing 65.9% of net assets, were:



    Stock                                                  Percent of
                                                           Net Assets
    China Mobile Limited                                            11.5
    America Movil SAB de CV                                         10.0
    Bharti Airtel Limited                                            8.4
    Taiwan Mobile Company Limited                                    8.0
    Mobile Telesystems OJSC                                          4.9
    Portugal Telecommunications SPGS SA                              4.9
    Telekomunikasi TBK                                               4.8
    Bezeq Israeli Telecommunications Corporation
     Limited                                                         4.6
    Digi.com Berhad                                                  4.6
    Singapore Telecommunications                                     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 The Emerging Markets Telecommunications Fund, Inc.