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

PHILADELPHIA, Dec. 4  /PRNewswire-FirstCall/ -- The Indonesia Fund, Inc. (the "Fund") (NYSE AMEX: IF), a closed-end equity fund, announced today its performance data and portfolio composition as of October 31, 2009.

The Fund's total returns for various periods through October 31, 2009 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):

  Period                   NAV Total Return %   Market Price Total Return %
                         Cumulative  Annualized    Cumulative  Annualized
  Since inception
   (March 1990)            -15.2        -0.8         -23.2        -1.3
  10-years                 157.7         9.9          79.2         6.0
  5-years                  137.9        18.9         124.7        17.6
  3-years                   22.0         6.9           2.6         0.9
  1-year                          111.2                     139.2



On October 31, 2009, the Fund's net assets amounted to US$85.0 million and the Fund's NAV per share was $10.28.

  As of October 31, 2009, the portfolio was invested as follows:



                                                 Percent of Net
  Portfolio Composition                              Assets
  Consumer, Cyclical                                       24.0
  Consumer, Non-Cyclical                                   19.5
  Financials                                               19.5
  Communications                                           13.4
  Industrials                                              11.9
  Utilities                                                 4.5
  Basic Materials                                           4.3
  Other                                                     2.9




The Fund's ten largest equity holdings as of October 31, 2009, representing 67.3% of net assets, were:

                                                 Percent of Net
  Stock                                              Assets
  PT Unilever Indonesia Tbk                                10.4
  PT Astra International Tbk                               10.0
  PT Telekomunikasi Tbk                                     9.3
  Bank OCBC NISP Tbk PT                                     7.0
  PT Holcim Indonesia Tbk                                   6.7
  Ace Hardware Indonesia                                    5.7
  PT United Tractors Tbk                                    4.7
  Oversea Chinese Banking Corporation                       4.5
  Perusahaan Gas Negara PT                                  4.5
  United Overseas Bank Limited                              4.5



  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, Aberdeen Asset Management Asia Limited (the Investment Adviser), 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.

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 March 9, 1990.

If you wish to receive this information electronically, please contact:  

DATASOURCE: The Indonesia Fund, Inc.



CONTACT:  Aberdeen Asset Management Inc. Investor Relations,

[phone], 



Web Site:  http://www.aberdeen-asset.com/ 

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