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ABRDN AUSTRALIA EQUITY FUND, INC. Director's Dealing 2008

Jan 16, 2008

34017_dirs_2008-01-16_a9cced43-151e-4247-a29c-d057c76bea24.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ABERDEEN AUSTRALIA EQUITY FUND INC (IAF)
CIK: 0000779336
Period of Report: 2008-01-14

Reporting Person: Landesbank Berlin Holding AG (10% Owner)
Reporting Person: Landesbank Berlin AG (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-01-14 Common Stock, par value $.01 per share S 10900 $16.8022 Disposed 2457009 Direct
2008-01-15 Common Stock, par value $.01 per share S 300 $16.41 Disposed 2456709 Direct

Footnotes

F1: These shares are held directly by Landesbank Berlin AG and indirectly by Landesbank Berlin Holding AG, its parent.