TORONTO, ONTARIO--(Marketwired - May 1, 2013) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (News - Market indicators) is pleased to announce that it has released its financial results for the year ended January 31, 2013. For more information please see the Company's Annual Financial Statements and Management's Discussion and Analysis ("MD&A") posted on SEDAR at www.sedar.com.

As at January 31, 2013, Aberdeen's shareholders' equity, or net asset value (the "NAV"), was $65.5 million, or $0.76 per share. Aberdeen's shareholders' equity decreased by $8.4 million from $73.9 million at the end of Q3 2013. The decrease in shareholders' equity was largely due to the performance of Aberdeen's equity investment portfolio in the fourth quarter, which decreased $5.4 million or 7.1% to $69.9 million. In the fourth quarter of 2013, the stock market performance for small capitalization mining and resource stocks continued to be weak. On a year-over-year basis, Aberdeen's shareholders' equity decreased by $30.6 million. Note that the reference to shareholders' equity is similar to the Company's previous references to net asset value (or "NAV").

Aberdeen reported net earnings of $(30.6) million or $(0.35) per basic share for the twelve months ended January 31, 2013 on total revenue of $(20.5) million. Revenue was comprised of $22.4 million from net investment losses, $0.6 million from royalties, $1.1 million interest and dividend income and $0.2M from advisory services fees. For the twelve months ended January 31, 2012, Aberdeen reported net earnings of $(37.8) million or $(0.44) per basic share on total revenue of $(36.9) million ($(40.2) million from net investment losses, $2.4 million from royalties, and $0.9 million from interest income and advisory service fees).

Normal Course Issuer Bid ("NCIB")

During the twelve months ending January 31, 2013, 1,005,500 common shares of the Company were purchased for cancellation at an average cost of $0.41 per share. 

About Aberdeen International Inc:

Aberdeen is a publicly traded global investment and merchant banking company focused on small cap companies in the resource sector. Aberdeen will seek to acquire significant equity participation in pre-IPO and/or early stage public resource companies with undeveloped or undervalued high-quality resources. Aberdeen will focus on companies that: (i) are in need of managerial, technical and financial resources to realize their full potential; (ii) are undervalued in foreign capital markets; and/or (iii) operate in jurisdictions with moderate local political risk. Aberdeen will seek to provide value-added managerial and board advisory services to companies. The Corporation's intention will be to optimize the return on its investment over a 24 to 36 month investment time frame.

For additional information, please visit our website at www.aberdeeninternational.ca and follow us on Facebook and Twitter: AberdeenAAB.

Cautionary Note

Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding past success as an indicator of future success; net asset value of the Company; the potential of investee companies and the appreciation of their share price; the future intentions of the Company with regard to its shareholdings; the Company's plan of business operations; anticipated returns; and market dynamics and fundamentals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

Please also note that the numbers provided in this press release have been rounded and are therefore approximates.