THE INDIA FUND, INC. ANNOUNCES
ADJOURNMENT OF SPECIAL MEETING OF STOCKHOLDERS
NEW YORK, February 24, 2006 – The India Fund, Inc. (the “Fund”) announced today that the Fund’s Special Meeting of Stockholders has been adjourned to March 16, 2006. Although an overwhelming majority of the stockholders who have voted voted in favor of the proposals, the Fund did not reach the necessary quorum to conduct business at the Special Meeting. The March 16 Meeting will be held at the offices of Simpson Thacher & Bartlett LLP, 425 Lexington Avenue, Conference Room J, 30th Floor, New York, New York at 9:30 a.m., New York time. The record date for the Special Meeting will remain January 2, 2006.
Stockholders who have any questions or need assistance in voting are encouraged to contact Georgeson Shareholder Communications Inc., the Fund’s proxy solicitor, at its toll-free number, 1-866-297-1264.
The Fund is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in Indian equity securities. The Fund is traded on the New York Stock Exchange under the trading symbol “IFN.”
Blackstone Asia Advisors L.L.C. serves as the Investment Manager to the Fund. The Investment Manager is an affiliate of The Blackstone Group L.P.
Information on the Fund can be obtained on the Blackstone website (www.blackstone.com) or by calling the Fund’s toll-free phone number at 1-866-800-8933.
This press release may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking and can be identified by the use of words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “believe,” “continue” or other similar words. Such forward-looking statements are based on the Fund’s current plans and expectations, and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Additional information concerning such risks and uncertainties are contained in the Fund’s filings with the Securities and Exchange Commission.