PHILADELPHIA, Dec. 7, 2011 /PRNewswire/ -- [ The Singapore Fund, Inc. (the "Fund") ] (NYSE: [ SGF ]), a closed-end equity fund, announced today its performance data and portfolio composition as of October 31, 2011.

The Fund's total returns for various periods through October 31, 2011 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

Period	Net Asset Value	Market Price
Fiscal Year-to-Date	-10.22	-13.19
1 Month	10.50	10.33
3 Months	-14.82	-15.72
12 Months	-10.22	-13.19

On October 31, 2011, the Fund's net assets amounted to US$137.5 million and the Fund's NAV per share was $13.79.

As of October 31, 2011, the portfolio was invested as follows:

Portfolio Composition	Percent of Net Assets
Financials	45.7
Industrials	18.1
Diversified	14.5
Consumer, Cyclical	10.9
Communications	5.9
Consumer, Non-Cyclical	3.4
Technology	0.9
Cash	0.5

The Fund's ten largest equity holdings as of October 31, 2011, representing 59.8% of net assets, were:

Stock	Percent of Net Assets
United Overseas Bank Limited	9.8
Oversea-Chinese Banking Corporation Limited	9.1
Keppel Corporation Limited	6.7
Fraser and Neave Limited	6.5
Jardine Matheson Holdings Limited	6.1
City Developments Limited	5.7
Singapore Telecommunications Limited	4.8
Hongkong Land Holdings	3.9
Singapore Airlines Limited	3.6
Singapore Technologies Engineering Limited	3.6

Important Information

Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Daiwa Securities Trust Company (the Administrator), DBS Asset Management United States Pte. Ltd. (the Investment Manager), Daiwa SB Investments Singapore Ltd. (the Investment Advisor), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Closed-end funds have a one-time initial public offering and then are subsequently traded on the secondary market through one of the stock exchanges. The investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a fund will achieve its investment objective. Past performance does not guarantee future results.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date July 31, 1990.

If you wish to receive this information electronically, please contact: [ InvestorRelations@aberdeen-asset.com ]

SOURCE The Singapore Fund, Inc.

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The Singapore Fund, Inc. Announces Performance Data and Portfolio Composition

The Singapore Fund, Inc. Announces Performance Data and Portfolio Composition