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The Indonesia Fund, Inc. Announces Performance Data and Portfolio Composition

Posted : Mon, 02 Nov 2009 17:30:41 GMT
Author : The Indonesia Fund, Inc.
Category : Press Release
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PHILADELPHIA, Nov. 2 PA-IndonesiaFund-data

PHILADELPHIA, Nov. 2 /PRNewswire-FirstCall/ -- The Indonesia Fund, Inc. (the "Fund") (NYSE AMEX: IF), a closed-end equity fund, announced today its performance data and portfolio composition as of September 30, 2009.

The Fund's total returns for various periods through September 30, 2009 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

    Period               NAV Total Return %      Market Price Total Return %
                       Cumulative    Annualized   Cumulative    Annualized

    Since inception       -14.0          -0.8         -19.5        -1.1
    (March 1990)
    10-years              241.8          13.1         104.1         7.4
    5-years               150.9          20.2         148.0        19.9
    3-years                27.7           8.5           6.1         2.0
    1-year                        26.9                      44.5


On September 30, 2009, the Fund's net assets amounted to US$86.4 million and the Fund's NAV per share was $10.44.

As of September 30, 2009, the portfolio was invested as follows:

    Portfolio Composition       Percent of Net Assets

    Consumer, Cyclical               24.4
    Consumer, Non-Cyclical           20.2
    Financials                       19.1
    Communications                   13.8
    Industrials                      10.8
    Utilities                         4.5
    Basic Materials                   4.3
    Other                             2.9

The Fund's ten largest equity holdings as of September 30, 2009, representing 66.0% of net assets, were:

    Stock                                Percent of Net Assets

    PT Unilever Indonesia Tbk                   10.8
    PT Astra International Tbk                  10.5
    PT Telekomunikasi Tbk                        9.5
    Bank OCBC NISP Tbk PT                        6.5
    PT Holcim Indonesia Tbk                      5.4
    PT United Tractors Tbk                       4.9
    Ace Hardware Indonesia                       4.7
    Jardine Cycle and Carriage Limited           4.7
    Perusahaan Gas Negara PT                     4.5
    PT Ramayana Lestari                          4.5

Important Information
Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Aberdeen Asset Management Asia Limited (the Investment Adviser), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date March 9, 1990.

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


SOURCE The Indonesia Fund, Inc.


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