AMENDMENT TO ADMINISTRATION AGREEMENT
AMENDMENT, effective as of February I, 2010, to the
Administration Agreement dated as of September 30, 2004 as
amended (the "Amended Agreement") between Aberdeen
Asia-Pacific Income Fund, Inc., a Maryland corporation
(the "Fund"), and Aberdeen Asset Management Inc., a Delaware
corporation (the "Administrator").
WHEREAS, on December 7, 2009, the Fund's Board of Directors
approved a revision to the fee schedule applicable to the
administration services provided to the Fund by the
Administrator under the Amended Agreement;
NOW, THEREFORE, in consideration of the premises and mutual
promises set forth herein and in the Amended Agreement, the
parties to the Amended Agreement agree as follows:
1. Schedule B to the Amended Agreement is hereby replaced
in its entirety with Schedule B as attached hereto.
IN WITNESS WHEREOF, the parties hereto have caused this
instrument to be executed by their officers designated below as
of the date first above written.
ABERDEEN ASIA-PACIFIC INCOME FUND, INC.
/s/ Xxxxxx Xxxxx
Name: Xxxxxx Xxxxx
Title: Treasurer
ABERDEEN ASSET MANAGEMENT INC.
/s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxxxx
Title: Vice President
SCHEDULE B
TO THE ADMINISTRATION AGREEMENT
(Effective February 1, 2010)
Fees
The Fund shall pay the Administrator a fee at an annual
rate equal to:
1. 0.125% of the Fund's average weekly Managed Assets between
$0 to $1 billion, computed based upon the value of Managed
Assets determined at the end of each week; and
2. 0.10% of the Fund's average weekly Managed Assets between
$1 billion to $2 billion, computed based upon the value of
Managed Assets determined at the end of each week; and
3. 0.075% of the Fund's average weekly Managed Assets in
excess of$2 billion, computed based upon the value of
Managed Assets determined at the end of each week.
For this purpose, "Managed Assets" shall have the meaning set
forth in the Amended and Restated Investment Management Agreement
dated April 3, 2009 between the Fund and Aberdeen Asset Management
Asia Limited.
