Section 19 notices

Announcements of payment and composition of distributions

Aberdeen Australia Equity Fund, Inc. (NYSE American: IAF)

There was a typographical error with respect to the year for the March and June quarterly distribution record date in the Press Release announcing the distribution, which showed the year for the record date as 2013 rather than 2014. The quarterly distribution was paid to shareholders of record as of March 24 and June 23, 2014 and not 2013.