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

PHILADELPHIA, Oct. 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 August 31, 2009.

The Fund's total returns for various periods through August 31, 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        -21.6         -1.2         -29.4             -1.8
    (March 1990)
    10-years               168.9         10.4          68.1              5.3
    5-years                151.8         20.3         149.2             20.0
    3-years                 21.4          6.7           3.7              1.2
    1-year                        -5.7                         -0.8

On August 31, 2009, the Fund's net assets amounted to US$78.8 million and the Fund's NAV per share was $9.52.

As of August 31, 2009, the portfolio was invested as follows:

    Portfolio Composition                                    Percent of
                                                             Net Assets

    Consumer, Cyclical                                          24.5
    Consumer, Non-Cyclical                                      20.2
    Financials                                                  17.7
    Communications                                              14.0
    Industrials                                                 11.0
    Utilities                                                    4.5
    Basic Materials                                              4.4
    Other                                                        3.7

The Fund's ten largest equity holdings as of August 31, 2009, representing 66.4% of net assets, were:

    Stock                                                 Percent of
                                                          Net Assets

    PT Unilever Indonesia Tbk                                 10.7
    PT Astra International Tbk                                10.0
    PT Telekomunikasi Tbk                                      9.7
    Bank OCBC NISP Tbk PT                                      6.4
    PT Holcim Indonesia Tbk                                    5.7
    PT Ramayana Lestari                                        5.0
    Jardine Cycle and Carriage Limited                         4.9
    PT United Tractors Tbk                                     4.9
    Ace Hardware Indonesia                                     4.6
    Perusahaan Gas Negara PT                                   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.