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The Asia Tigers Fund, Inc. Dividend Announcement

^{Published on 2009-12-17 17:20:11 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--The Asia Tigers Fund, Inc. (NYSE:GRR) (the "Fund") announced today a dividend of $0.52 per share payable in cash on January 15, 2010 to shareholders of record on December 30, 2009, $0.18 per share of which will be ordinary income and $0.34 per share of which will be long-term capital gains. The dividend will be paid pursuant to the Fund's dividend reinvestment and cash purchase plan. The ex date of the dividend is December 28, 2009. The dividend represents the undistributed amount of the Fund's net investment income and net capital gains through its October 31, 2009 fiscal year end.

The Fund is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of Asian companies. The Fund conducts semi-annual repurchase offers and is traded on the New York Stock Exchange under the trading symbol "GRR."

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.