Aberdeen Asia-Pacific Income Investment Company Limited announces monthly distribution


    TORONTO, March 16 /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 CAN 6.0 cents per ordinary share on April 13, 2007 to all
ordinary shareholders of record as of March 30, 2007 (ex-distribution date
March 28, 2007).
    For the 12 months to February 28, 2007, the Company has paid total
distributions amounting to CAN 72.0 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 June 2007.
    Shareholders with registered addresses in Canada will receive
distributions in Canadian dollars unless they have elected otherwise.
Shareholders receiving their distribution payments in U.S. dollars will
receive the U.S. dollar equivalent based upon the exchange rate in effect on
the record date.
    The Company is managed by Aberdeen Asset Management Asia Limited and
advised by Aberdeen Asset Management Limited. As of February 28, 2007, the
Company had total net assets of approximately CAN $587.0 million, including
bank borrowing of CAN $139.8.

    If you If you wish to receive this information electronically, please
    contact InvestorRelations@aberdeen-asset.com

    Aberdeen Asset Management Asia Limited and Aberdeen Asset Management
Limited are registered investment advisers under the Investment Advisers Act
of 1940.

For further information:

For further information: Aberdeen Asset Management Inc., Investor
Relations, (800) 992-6341, InvestorRelations@aberdeen-asset.com

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