TORONTO, ONTARIO -- (Marketwire) -- 05/18/12 -- ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) today announces that the value of its investment portfolio as at April 30, 2012, the end of its first fiscal quarter for the year ended January 31, 2013, was approximately $61.8 million including a cash balance of $2.0 million. This equates to a value of approximately $0.71 per share based on Aberdeen's investment portfolio alone and does not include the value of its gold royalties. This report of the portfolio value is not equivalent to the "Net Asset Value" or "NAV" that has been previously reported by Aberdeen as it does not include assets and liabilities of the Company that are not treated as investments. Rather, this report refers only to the cash, equity investments (private and public), option-type investments (e.g. warrants) and corporate debt/loans receivable of the Company.
The value of the investment portfolio decreased from the fourth quarter results for the period ending January 31, 2012 by approximately $21.4 million or 25.7%.