PHILADELPHIA, Sept. 12, 2016 /PRNewswire/ -- Aberdeen Israel Fund, Inc. (NYSE MKT: ISL) (the "Fund"), a closed-end equity fund, announced today that it will pay a dividend of US$0.2738 per share on September 28, 2016 to all shareholders of record as of September 21, 2016. This distribution is comprised of $0.0063 per share of net realized short-term capital gains and $0.2675 per share of net realized long-term capital gains.

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In January 2017, a Form 1099-DIV will be sent to shareholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2016 calendar year.

The Fund is managed and advised by Aberdeen Asset Managers Limited. The Fund's shares trade on the NYSE MKT under the symbol "ISL".

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

If you wish to receive this information electronically, please contact
InvestorRelations@aberdeen-asset.com

aberdeenisl.com

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SOURCE Aberdeen Israel Fund, Inc.