Aberdeen New Thai Investment Trust PLC

Conversion of Subscription shares

3 January 2012

Aberdeen New Thai Investment Trust plc (the "Company") announces that 71,751 new Ordinary shares of 25p each ("Ordinary Shares") were issued by the Company in relation to the exercise of conversion rights by a number of Subscription Shareholders.  Pursuant to the Circular to Shareholders published on 3 November 2009, the Ordinary Shares were issued for cash at an exercise price of 200p per Ordinary Share.

The Ordinary Shares were issued under the Company's block-listing facility.

The Company's issued share capital, following this issuance, comprises 18,505,416 Ordinary Shares, with voting rights, and 2,716,009 Subscription shares.

For further information, please contact:

Gary Jones

Tel. 020 7463 6000

Stuart Reid

Tel. 0131 528 4000

Aberdeen Asset Management PLC

SECRETARIES

END

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