Aberdeen Israel Fund, Inc. Announces Results Of Annual Meeting Of Shareholders

PHILADELPHIA, March 28, 2016 /PRNewswire/ -- Aberdeen Israel Fund, Inc. (the "Fund") (NYSE MKT: ISL) held its Annual Meeting of Shareholders (the "Meeting") on March 24, 2016.  At the Meeting, shareholders of the Fund voted to re-elect one Class I Director to the Board of Directors. 

As of the record date, February 5, 2016, there were 4,033,805 outstanding shares of the Fund.  84.7% of the outstanding shares were voted at the Meeting representing a quorum.

The description of the proposal and number of shares voted at the Meeting are as follows:

To elect one Class I Director to the Board of Directors:

	Votes For	Votes Against	Abstain
Lawrence J. Fox	3,307,968	77,213	32,968

Directors whose term of office continued beyond the Meeting are as follows: Enrique R. Arzac, James J. Cattano, and Steven N. Rappaport.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's 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 the Fund will achieve its investment objective.

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aberdeenisl.com

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SOURCE Aberdeen Israel Fund, Inc.

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