PRESS RELEASE                                 SOURCE:  First Trust Advisors L.P.

FIRST TRUST ADVISORS L.P. ANNOUNCES PORTFOLIO MANAGER UPDATE CALL FOR FIRST
TRUST/ABERDEEN GLOBAL OPPORTUNITY INCOME FUND AND FIRST TRUST/ABERDEEN EMERGING
OPPORTUNITY FUND

WHEATON, IL -- (BUSINESS WIRE) -- January 8, 2013 -- First Trust Advisors L.P.
("FTA") announced today that First Trust/Aberdeen Global Opportunity Income Fund
(NYSE: FAM) and First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO)
intend to host a conference call with Aberdeen Asset Management, Inc.
("Aberdeen"), the Funds' investment sub-advisor, on FRIDAY, JANUARY 18, 2013,
AT 11:00 A.M. EASTERN TIME. The purpose of the call is to hear Aberdeen's
portfolio management teams provide updates for the Funds.

--    Dial-in Number: (866) 865-6631; International (706) 679-1727; and Passcode
      # 86809561. Please call 10 to 15 minutes before the scheduled start of the
      teleconference.

--    Telephone Replay: (855) 859-2056; International (404) 537-3406; and
      Passcode # 86809561. The replay will be available after the call until
      11:59 P.M. Eastern Time on Monday, February 18, 2013.

FTA has served as each Fund's investment advisor since each Fund's inception.
FTA, along with its affiliate, First Trust Portfolios L.P., are privately-held
companies which provide a variety of investment services, including asset
management and financial advisory services, with collective assets under
management or supervision of over $63 billion as of December 31, 2012, through
unit investment trusts, exchange-traded funds, closed-end funds, mutual funds
and separate managed accounts.

If you have questions about the Funds that you would like answered on the call,
please email your questions to cefquestions@ftadvisors.com and refer to Aberdeen
by Wednesday, January 16, 2013, 6:00 P.M. Eastern Time. Each Fund's daily
closing price and net asset value per share as well as other information can be
found at www.ftportfolios.com or by calling (800) 988-5891.


CONTACT: JEFF MARGOLIN -- (630) 915-6784

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Source:  First Trust Advisors L.P.