ABERDEEN AUSTRALIA EQUITY FUND, INC. _____ Shares Common Stock ($0.01 par value) UNDERWRITING AGREEMENTUnderwriting Agreement • December 12th, 2006 • Aberdeen Australia Equity Fund Inc • New York
Contract Type FiledDecember 12th, 2006 Company JurisdictionThe undersigned, Aberdeen Australia Equity Fund, Inc., a Maryland corporation (the “Fund”), Aberdeen Asset Management Asia Limited, a Singapore corporation (the “Investment Manager”) and Aberdeen Asset Management Limited, an Australian corporation (the “Investment Adviser”) address you as underwriters and as the representatives (the “Representatives”) of each of the several underwriters named in Schedule I hereto (the “Underwriters”). The Fund proposes to sell to the Underwriters _____ shares of its common stock, $0.01 par value per share (the “Common Shares”) (said shares to be issued and sold by the Fund being hereinafter called the “Underwritten Securities”). The Fund also proposes to grant to the Underwriters an option to purchase up to ______ additional Common Shares to cover over-allotments (the “Option Securities”; the Option Securities, together with the Underwritten Securities, being hereinafter called the “Securities”). Unless otherwise stated, the term “you” as used herein m