Business News • MarketWire • The Greater China Fund, Inc. (NYSE: GCH) Announces Postponement of Special Meeting to Approve Aberdeen Asset Management as Investment Manager and New Independent Directors

The Greater China Fund, Inc. (NYSE: GCH) Announces Postponement of Special Meeting to Approve Aberdeen Asset Management as Investment Manager and New Independent Directors

The Greater China Fund, Inc. (NYSE: GCH) Announces Postponement of Special Meeting to Approve Aberdeen Asset Management as Investment Manager and New Independent Directors

NEW YORK, NY--(Marketwire - Oct 26, 2012) - The Greater China Fund, Inc. (NYSE: GCH) (the "Fund") announced today that the Fund's Board of Directors has determined to postpone the special meeting of stockholders scheduled to be held on November 1, 2012. Although the Board of Directors is unanimous in its support for Aberdeen Asset Management Asia Limited ("Aberdeen"), the Fund's Board and Aberdeen believe additional time is needed to obtain stockholder support for Aberdeen as the Fund's investment manager. The Board and Aberdeen continue to engage in a dialogue with stockholders regarding this matter. The Fund will notify shareholders when a new date is determined for the special meeting of stockholders.

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