EXHIBIT—Press Release

Press Release
FOR IMMEDIATE RELEASE
For More Information Contact:
Aberdeen Asset Management Inc.
Investor Relations
866-839-5233
InvestorRelations@aberdeen-asset.com
ABERDEEN GLOBAL INCOME FUND, INC. ANNOUNCES REPLACEMENT OF
AUCTION MARKET PREFERRED STOCK WITH EQUIVALENT BANK
BORROWING
(New York, March 7, 2008) — Aberdeen Global Income Fund, Inc.(AMEX: FCO)(the “Fund”), a closed-end bond fund, has resolved to redeem the US$30 million outstanding Series W-7 shares (CUSIP: 003013208) of Auction Market Preferred Stock (the “AMPS”) pursuant to their terms and replace the AMPS with borrowing of an equivalent amount from a major financial institution. Notice was sent today to the Fund’s paying agent and holders of AMPS to commence the process.
If you wish to receive this information electronically, please contactInvestorRelations@aberdeen-asset.com
www.aberdeenfco.com
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Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered
investment advisers under the Investment Advisers Act of 1940.