0001104659-11-020141 Sample Contracts

ABERDEEN AUSTRALIA EQUITY FUND, INC. UP TO 3,300,000 SHARES OF COMMON STOCK CAPITAL ON DEMAND™ SALES AGREEMENT
Sales Agreement • April 14th, 2011 • Aberdeen Australia Equity Fund Inc • New York

Aberdeen 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:

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