Aberdeen Reports Shareholder Equity of $0.61 Per Share for Second Quarter Ended July 31, 2013

TORONTO, ONTARIO--(Marketwired - Sep 17, 2013) - Aberdeen International Inc. ("Aberdeen", or the "Company") (TSX:AAB) is pleased to announce that it has released its financial results for the second quarter of 2014, ended July 31, 2013. For more information please see the Company's Condensed Interim Financial Statements and Management's Discussion and Analysis ("MD&A") posted under the Company's profile on SEDAR at www.sedar.com.

As at July 31, 2013, Aberdeen's Shareholders' Equity (or Net Asset Value, "NAV") was $51.8 million, or $0.61 per share. Aberdeen's shareholders' equity decreased by $3.4 million from $55.2 million at the end of Q1 2014. The decrease in shareholders' equity was largely due to the performance of Aberdeen's equity investment portfolio in the second quarter, which had an unrealized loss of $2.7 million for the quarter. In the second quarter of 2014, the stock market performance for small capitalization mining and resource stocks continued to be weak. On a year-over-year basis, Aberdeen's shareholders' equity decreased by $19.5 million. Note that the reference to shareholders' equity is similar to previous references to Net Asset Value or "NAV" by Aberdeen.

Aberdeen reported net earnings of $(3.8) million or $(0.04) per basic share for the three months ended July 31, 2013 on total revenue of $(2.2) million. Revenue was comprised of $2.4 million from net investment losses and $0.2 million from interest income and advisory services fees.

For the three months ended July 31, 2012, Aberdeen reported net earnings of $(10.1) million or $(0.12) per basic share on total revenue of $(7.0) million ($(7.4) million from net investment losses and $0.4 million from interest income and advisory service fees).

For the six months ended July 31, 2013, Aberdeen reported net earnings of $(11.2) million or $(0.13) per basic share on total revenue of $(11.1) million. Revenue was comprised of $(11.5) million from net investment losses and $0.4 million from interest income, dividends and advisory services fees. For the six months ended July 31, 2012, Aberdeen reported net earnings of $(26.0) million or $(0.30) per share on total revenue of $(25.4) million ($(26.5) million from net investment losses, $0.6 million from royalties and $0.5 million from interest income and advisory service fees).

Normal Course Issuer Bid ("NCIB")

During the six months ending July 31, 2012, 623,180 common shares were purchased for cancellation under the Company's NCIB at an average cost of $0.17. Subject to the regulatory provisions governing the NCIB, Aberdeen expects to continue to purchase shares over the remainder of the fiscal year, depending on market conditions and other investment opportunities that may be available.

About Aberdeen International Inc:

Aberdeen is a publicly traded global investment and merchant banking company focused on small cap companies in the resource sector. Aberdeen will seek to acquire significant equity participation in pre-IPO and/or early stage public resource companies with undeveloped or undervalued high-quality resources. Aberdeen will focus on companies that: (i) are in need of managerial, technical and financial resources to realize their full potential; (ii) are undervalued in foreign capital markets; and/or (iii) operate in jurisdictions with moderate local political risk. Aberdeen will seek to provide value-added managerial and board advisory services to companies. The Corporation's intention will be to optimize the return on its investment over an 24 to 36 month investment time frame.

For additional information, please visit our website at www.aberdeeninternational.ca and follow us on Facebook and Twitter: AberdeenAAB.

Cautionary Note

Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding past success as an indicator of future success; net asset value of the Company; the potential of investee companies and the appreciation of their share price; the Company's plan of business operations; and anticipated returns. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.