ABERDEEN AUSTRALIA EQUITY FUND, INC. UP TO 3,300,000 SHARES OF COMMON STOCK CAPITAL ON DEMAND™ SALES AGREEMENTSales Agreement • April 14th, 2011 • Aberdeen Australia Equity Fund Inc • New York
Contract Type FiledApril 14th, 2011 Company JurisdictionAberdeen Australia Equity Fund, Inc., a Maryland corporation (the “Fund”), Aberdeen Asset Management Asia Limited, a Singapore corporation (the “Investment Manager”), Aberdeen Asset Management Limited, an Australian corporation (the “Investment Adviser”), and JonesTrading Institutional Services LLC (“Jones”) hereby confirm their agreement in the form of this Sales Agreement (the “Agreement”) as follows: