PHILADELPHIA, Feb. 4 /PRNewswire-FirstCall/ -- The Chile Fund, Inc. (the "Fund") (NYSE AMEX: CH), a closed-end equity fund, announced today its performance data and portfolio composition as of December 31, 2009. The Fund's total returns for various periods through December 31, 2009 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees): Period NAV Total Return % Market Price Total Return % Cumulative Annualized Cumulative Annualized Since inception 1,833.6 15.7 1,626.4 15.1 (September 1989) 10-years 217.9 12.3 310.2 15.1 5-years 111.1 16.1 125.6 17.7 3-years 43.1 12.7 39.8 11.8 1-year 80.6 93.8 On December 31, 2009, the Fund's net assets amounted to US$191.4 million and the Fund's NAV per share was $18.82. As of December 31, 2009, the portfolio was invested as follows: Percent of Portfolio Composition Net Assets Utilities 32.3 Diversified 17.6 Basic Materials 17.3 Consumer, Non-Cyclical 10.1 Consumer, Cyclical 10.1 Financials 7.5 Communications 3.9 Other 1.2 The Fund's ten largest equity holdings as of December 31, 2009, representing 79.3% of net assets, were: Stock Percent of Net Assets Empresas Copec SA 17.6 Empresa Nacional de Electricidad SA 16.5 Empresas CMPC SA 8.9 Enersis SA 7.9 Banco Santander Chile SA 6.1 SACI Falabella 6.1 Inversiones Aquas Metropolitanas SA 4.2 Vina Concha y Toro SA 4.1 Lan Airlines SA 4.0 Entel Empresa de Telecommunicaciones 3.9 Important Information Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Aberdeen Asset Management Investment Services Limited (the Investment Adviser), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC. Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date September 27, 1989. If you wish to receive this information electronically, please contact: DATASOURCE: The Chile Fund, Inc. CONTACT: Aberdeen Asset Management Inc. Investor Relations, +1-866-839-5205,

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