Aberdeen Dev Cap PLC - Month End Net Asset Value(s)

Aberdeen Development Capital PLC announces the unaudited net asset values (NAVs) as at close of business on 31 March 2012. Unless otherwise disclosed, the NAVs have been calculated in accordance with the recommendations of the Association of Investment Companies (AIC (Kuala Lumpur: 9547.KL - news) ). In particular: (1) financial assets have been valued on a fair value basis using bid prices, or, if more appropriate, a last trade basis; (2) debt is valued at par and, where materially different, debt is also valued at market value; (3) diluted NAVs are disclosed where applicable (for this purpose, treasury shares are excluded for the purposes of calculation); and (4) provisions for performance fees are included where applicable.