The Chile Fund, Inc. (NYSE AMEX: CH)

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Investment Objective:

The principal investment objective of the Fund is total return, consisting of capital appreciation and income. The Fund invests primarily in Chilean equity and debt securities.

Investment Policies:

It is the policy of the Fund to invest its assets in Chilean equity and debt securities. For these purposes, “Chilean securities” means securities traded principally on stock exchanges in Chile.

The information contained above provides only a brief summary description of the Fund's investment objectives and investment policies. Please contact Aberdeen Investor Relations should you wish to receive more detailed information regarding the Fund.