Aberdeen Asia-Pacific Income Investment Company Limited announces monthly
distribution

TORONTO , Oct. 19 /CNW/ - Aberdeen Asia-Pacific Income Investment Company Limited (TSX: FAP) (the "Company"), a closed-end investment company trading on The Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 5.0 cents per ordinary share on November 13, 2009 to all ordinary shareholders of record as of October 30, 2009 (ex-distribution date October 28 , 2009).

For the 12 months to September 30, 2009 , the Company has paid total distributions amounting to CAD 60.0 cents per ordinary share.

The policy of the Company's Board of Directors is to maintain a stable monthly distribution out of net investment income, supplemented by available realized capital gains and paid-in capital as required. This policy is subject to regular review at the Board's quarterly meetings. The next review is scheduled to take place in December 2009 .

Shareholders with registered addresses in Canada will receive distributions in Canadian dollars unless they have elected otherwise. Although a portion of the amount distributed is recorded as a return of capital for financial statement purposes, the full amount of the distribution will be foreign income for Canadian income tax purposes.

The Company is managed by Aberdeen Asset Management Asia Limited, advised by Aberdeen Asset Management Limited and sub-advised by Aberdeen Fund Management Limited.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of future financial performance and condition of the Company, are factors and assumptions which, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Shareholders are cautioned that actual results are subject to a number of risks and uncertainties, including general economic and market factors, including credit, currency, political and interest-rate risks and could differ materially from what is currently expected. The Company has no specific intention of updating any forward-looking information whether as a result of new information, future events or otherwise, except as required by law.

If you wish to receive this information electronically, please contact [email protected]

www.aberdeenfap.com

For further information: Aberdeen Asset Management Inc., Investor Relations, 1-800-992-6341, [email protected]