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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000943663-02-000441.txt : 20021213
<SEC-HEADER>0000943663-02-000441.hdr.sgml : 20021213
<ACCEPTANCE-DATETIME>20021213162400
ACCESSION NUMBER:		0000943663-02-000441
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20021204
FILED AS OF DATE:		20021213

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MALONE PETER GERALD
		CENTRAL INDEX KEY:			0001209225
		RELATIONSHIP:				DIRECTOR

	FILING VALUES:
		FORM TYPE:		4

	BUSINESS ADDRESS:	
		STREET 1:		1775 EYE STREET NW
		STREET 2:		C/O DECHERT
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20006
		BUSINESS PHONE:		202 261 3300

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ABERDEEN ASIA PACIFIC INCOME FUND INC
		CENTRAL INDEX KEY:			0000790500
		IRS NUMBER:				133334183
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04611
		FILM NUMBER:		02857332

	BUSINESS ADDRESS:	
		STREET 1:		ONE SEAPORT PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10292
		BUSINESS PHONE:		2122141250

	MAIL ADDRESS:	
		STREET 1:		ONE SEAPORT PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10292

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST AUSTRALIA PRIME INCOME FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ABERDEN ASIA-PACIFIC INCOME FUND INC
		DATE OF NAME CHANGE:	20010531
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4fax.htm
<DESCRIPTION>FORM 4
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 4</TITLE>
</HEAD>
<BODY>
<TABLE cellSpacing=0 cellPadding=4 width="100%" border=0 bordercolor="#000000" height="0" style="border-collapse: collapse">

  <TR>
    <TD vAlign=top width=213>
      <DIV align=center><FONT face=arial,helvetica size=6><B>FORM
      4</B></FONT></DIV>
      <DIV>
        <p style="text-indent: -15; margin-left: 15"><FONT face=arial,helvetica size=1><B>[&nbsp;&nbsp;] Check this box if
      no longer subject to Section 16. Form 4 or Form 5 obligations may
      continue. See Instruction 1(b).</B></FONT></DIV></TD>
    <TD vAlign=center align=middle width=467>
    <FONT
      face=arial,helvetica size="2"><B>UNITED STATES SECURITIES AND EXCHANGE
      COMMISSION</B></FONT><BR><FONT face=arial,helvetica size=2><B>Washington,
      D.C.&nbsp;&nbsp;20549</B></FONT><font size="2"><BR></font><font size="1"><BR>
    </font><FONT face=arial,helvetica
      size=2><B>STATEMENT OF CHANGES IN BENEFICIAL
      OWNERSHIP</B></FONT><BR><font size="1"><BR></font><FONT face=arial,helvetica size=1>Filed
      pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
      17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment
      Company Act of 1940</FONT><BR></TD>
    <TD vAlign=top width=197>
      <DIV align=center><FONT face=arial,helvetica size=1>OMB
      APPROVAL</FONT></DIV>
      <DIV align=center>
      <HR noshade color="#000000" size="0">
      </DIV>
      <DIV><FONT face=arial,helvetica size=1>OMB Number: 3235-0287</FONT></DIV>
      <DIV><FONT face=arial,helvetica size=1>Expires: January 31,
      2005<BR>Estimated average burden<BR>hours per response. . . . .
      0.5</FONT></DIV></TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=1 bordercolor="#000000" height="199" bordercolordark="#000000" style="border-collapse: collapse">

  <TR>
    <TD vAlign=top width=226 height="53" rowspan="3" bordercolordark="#FFFFFF">
      <DIV>
        <p style="text-indent: -10; margin-left: 15">
        <FONT face=arial,helvetica size=2>1. Name and Address of Reporting
      Person<SUP>*</SUP></FONT></DIV>
      <DIV>
        <p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
        <p style="margin-top: 0; margin-bottom: 0">Malone&nbsp;&nbsp;&nbsp;
        &nbsp;Peter&nbsp;&nbsp; Gerald </DIV>
      <DIV align=center>
      <HR noshade color="#000000" size="1">
      </DIV>
      <DIV align=center><FONT face=arial,helvetica size=2>(Last)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        &nbsp;(First)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      &nbsp;(Middle)</FONT></DIV>
      <DIV>&nbsp;</DIV>
      <DIV>&nbsp;45 Barmouth Road</DIV>
      <DIV align=center>
      <HR noshade color="#000000" size="1">
      </DIV>
      <DIV align=center><FONT face=arial,helvetica size=2>(Street)</FONT></DIV>
      <DIV align=center>&nbsp;</DIV>
      <DIV>&nbsp;Wandsworth, London&nbsp; UK&nbsp;&nbsp; SW182DP</DIV>
      <DIV align=center>
      <HR noshade color="#000000" size="1" align="right">
      </DIV>
      <DIV align=center><FONT face=arial,helvetica size=2>(City) &nbsp; &nbsp;
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;(State)
      &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;(Zip)</FONT></DIV><font size="2"><BR></font></TD>
    <td width="316" colspan="2" height="26">
      <DIV>
        <p style="text-indent: -10; margin-left: 15; margin-top:0; margin-bottom:0">
        <FONT face=arial,helvetica size=2>2. Issuer Name and Ticker or
      Trading Symbol</FONT></p>
        <p style="text-indent: -10; margin-left: 15; margin-top:0; margin-bottom:0">&nbsp;</p>
        <p style="text-indent: -10; margin-left: 15; margin-top:0; margin-bottom:0">
        <font face="Times New Roman">Aberdeen Asia-Pacific Income Fund,
        Inc.</font></p>
        <p style="text-indent: -10; margin-left: 15; margin-top:0; margin-bottom:0">
        <font face="Times New Roman">Symbol: FAX</font></p>
        </DIV>
    </td>
    <TD vAlign=top width=355 height="53" rowspan="3">
      <DIV>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0">
        <FONT face=arial,helvetica size=2>6. Relationship of Reporting
      Person(s) to Issuer</FONT></p>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0" align="center">
        <FONT face=arial,helvetica size=2>(Check all
      applicable)</FONT></p>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0" align="center">&nbsp;</DIV>
      <DIV>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0">
        <FONT face=arial,helvetica size=2><u>&nbsp;X </u>&nbsp;Director &nbsp;
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>&nbsp;&nbsp;&nbsp;</u> 10% Owner</FONT></p>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0">
        <u><font face="arial,helvetica" size="2">&nbsp;&nbsp; </font></u>
        <FONT face=arial,helvetica size=2>&nbsp;&nbsp;Officer (give title below)
      &nbsp; &nbsp;<U>&nbsp;&nbsp;&nbsp;</U> Other </FONT><FONT face=arial,helvetica size=1>
        (specify below)</FONT></p>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0">&nbsp;</DIV>
      <DIV>
        <p style="margin-top: 0; margin-bottom: 0"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        ____________________</font></DIV>
      <DIV align=center>
      <HR noshade color="#000000" size="1">
      </DIV>
      <DIV>
        <p style="text-indent: -10; margin-left: 15">
        <FONT face=arial,helvetica size=2>7. Individual or
      Joint/Group Filing (Check Applicable
      Line)</FONT></DIV>
      <DIV>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0">
        <u><font face="arial,helvetica" size="2">&nbsp;X&nbsp;</font></u><FONT face=arial,helvetica size=2> </FONT>
        <FONT face=arial,helvetica size=2>&nbsp;Form
        filed by One Reporting Person</FONT></p>
        <p style="text-indent: -10; margin-left: 15; margin-top: 0; margin-bottom: 0">
        <FONT face=arial,helvetica size=2><U>&nbsp; &nbsp;&nbsp;</U> &nbsp; Form
      filed by More than One Reporting
Person</FONT></DIV>
      </TD></TR>
  <TR>
    <td width="178" height="27" valign="top" rowspan="2">
    <p style="text-indent: -10; margin-left: 15">
    <FONT face=arial,helvetica size=2>3. I.R.S.
      Identification &nbsp;Number of
      Reporting Person, if an
      entity (voluntary)</FONT></p>

    <p>&nbsp;</td>
    <td width="137" height="14" valign="top">
    <p style="text-indent: -10; margin-left: 15">
    <FONT face=arial,helvetica size=2>4. Statement
      for Month/Day/Year</FONT></p>
    <p style="text-indent: -10; margin-left: 15">12/04/2002</p>

       </td>
  </TR>
  <TR>
    <td width="137" height="13" valign="top">
    <p style="text-indent: -10; margin-left: 15">
    <FONT face=arial,helvetica size=2>5. If
      Amendment, Date of
      Original &nbsp;(Month/Day/Year)</FONT></p>

    <p>&nbsp;</td>
  </TR></TABLE>
<TABLE cellSpacing=0 cellPadding=4 width="100%" border=1 bordercolorlight="#000000" bordercolordark="#111111" height="378" style="border-collapse: collapse" bordercolor="#111111">

  <TR>
    <TD vAlign=top width="889" colSpan=11 height="10">
      <DIV align=center><FONT face=arial,helvetica size=2><B>Table I -
        Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned</B></FONT></DIV></TD></TR>
  <TR>
    <TD vAlign=top width=132 rowSpan=2 height="78">
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>1. Title of Security&nbsp;(Instr. 3)</FONT></DIV>
      <p style="text-indent: -10; margin-left: 10"><font size="1"><BR></font></TD>
    <TD vAlign=top width=64 rowSpan=2 height="78">
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica
      size=1>2. Transaction Date (Month/Day /Year)</FONT></DIV></TD>
    <TD vAlign=top width=87 rowSpan=2 height="78">
      <DIV>
        <p style="text-indent: -15; margin-left: 15"><FONT face=arial,helvetica size=1>2A. Deemed Execution Date, if
      any (Month/ Day/Year)</FONT></DIV></TD>
    <TD vAlign=top width=79 colSpan=2 height="53">
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>3.
      Transaction Code (Instr.
      8)</FONT><font size="1"> </font> </TD>
    <TD vAlign=top width=195 colSpan=3 height="53">
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>4.
      Securities Acquired (A) or Disposed Of
      (D) &nbsp;(Instr. 3, 4, and 5)</FONT><font size="1"> </font> </TD>
    <TD vAlign=top width=108 rowSpan=2 height="78">
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>5. Amount
      of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and
    4)</FONT></DIV></TD>
    <TD vAlign=top width=86 rowSpan=2 height="78">
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>6.
      Ownership Form: Direct
      (D) or Indirect
      (I) &nbsp;(Instr. 4)</FONT></DIV></TD>
    <TD vAlign=top width=68 rowSpan=2 height="78">
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>7. Nature
      of<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indirect<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beneficial<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ownership<BR>&nbsp;&nbsp;&nbsp;&nbsp;(Instr.
      4)</FONT></DIV></TD></TR>
  <TR>
    <TD width="34" height="15">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>Code</FONT></DIV></TD>
    <TD width="35" height="15">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>V</FONT></DIV></TD>
    <TD width="57" height="15">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>Amount</FONT></DIV></TD>
    <TD width="60" height="15">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>A/D</FONT></DIV></TD>
    <TD width="58" height="15">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica
  size=1>Price</FONT></DIV></TD></TR>
  <TR>
    <TD align=left width=132 height="19">
      Common Stock ($0.01 Par Value)</TD>
    <TD align=middle width=64 height="19" style="border-style: solid; border-width: 1">
      12/04/2002</TD>
    <TD align=middle width=87 height="19">
      <DIV><FONT face=arial,helvetica size=1><B>&nbsp;</B></FONT></DIV></TD>
    <TD width=34 height="19">
      <DIV align=center>
        P/L</DIV></TD>
    <TD width=35 height="19">
      <DIV align=center>
        V<FONT face=arial,helvetica
size=1><B>&nbsp; </B></FONT></DIV></TD>
    <TD width=57 height="19" align="center">
      1000</TD>
    <TD width=60 height="19" align="center">
      <DIV align=center>D</DIV></TD>
    <TD width=58 height="19" align="center">
      4.36</TD>
    <TD align=middle width=108 height="19">
      <DIV align=center>1000</DIV></TD>
    <TD align=middle width=86 height="19">
      <DIV align=center>D</DIV></TD>
    <TD align=center width=68 height="19">
      <DIV><b><font face="arial,helvetica" size="1">&nbsp;</font></b></DIV></TD></TR>
  <TR>
    <TD align=left width=132 height="19">
      &nbsp;</TD>
    <TD align=middle width=64 height="19">
      &nbsp;</TD>
    <TD align=middle width=87 height="19">
      &nbsp;</TD>
    <TD width=34 height="19">
      &nbsp;</TD>
    <TD width=35 height="19">
      &nbsp;</TD>
    <TD width=57 height="19">
      &nbsp;</TD>
    <TD width=60 height="19">
      &nbsp;</TD>
    <TD width=58 height="19">
      &nbsp;</TD>
    <TD align=middle width=108 height="19">
      &nbsp;</TD>
    <TD align=middle width=86 height="19">
      &nbsp;</TD>
    <TD align=left width=68 height="19">
      &nbsp;</TD></TR>
  <TR>
    <TD align=left width=132 height="19">
      &nbsp;</TD>
    <TD align=middle width=64 height="19">
      &nbsp;</TD>
    <TD align=middle width=87 height="19">
      &nbsp;</TD>
    <TD width=34 height="19">
      &nbsp;</TD>
    <TD width=35 height="19">
      &nbsp;</TD>
    <TD width=57 height="19">
      &nbsp;</TD>
    <TD width=60 height="19">
      &nbsp;</TD>
    <TD width=58 height="19">
      &nbsp;</TD>
    <TD align=middle width=108 height="19">
      &nbsp;</TD>
    <TD align=middle width=86 height="19">
      &nbsp;</TD>
    <TD align=left width=68 height="19">
      &nbsp;</TD></TR>
  <TR>
    <TD align=left width=132 height="19">
      &nbsp;</TD>
    <TD align=middle width=64 height="19">
      &nbsp;</TD>
    <TD align=middle width=87 height="19">
      &nbsp;</TD>
    <TD width=34 height="19">
      &nbsp;</TD>
    <TD width=35 height="19">
      &nbsp;</TD>
    <TD width=57 height="19">
      &nbsp;</TD>
    <TD width=60 height="19">
      &nbsp;</TD>
    <TD width=58 height="19">
      &nbsp;</TD>
    <TD align=middle width=108 height="19">
      &nbsp;</TD>
    <TD align=middle width=86 height="19">
      &nbsp;</TD>
    <TD align=left width=68 height="19">
      &nbsp;</TD></TR>
  <TR>
    <TD align=left width=132 height="19">
      &nbsp;</TD>
    <TD align=middle width=64 height="19">
      &nbsp;</TD>
    <TD align=middle width=87 height="19">
      &nbsp;</TD>
    <TD width=34 height="19">
      &nbsp;</TD>
    <TD width=35 height="19">
      &nbsp;</TD>
    <TD width=57 height="19">
      &nbsp;</TD>
    <TD width=60 height="19">
      &nbsp;</TD>
    <TD width=58 height="19">
      &nbsp;</TD>
    <TD align=middle width=108 height="19">
      &nbsp;</TD>
    <TD align=middle width=86 height="19">
      &nbsp;</TD>
    <TD align=left width=68 height="19">
      &nbsp;</TD></TR>
  <TR>
    <TD align=left width=132 height="19">
      &nbsp;</TD>
    <TD align=middle width=64 height="19">
      &nbsp;</TD>
    <TD align=middle width=87 height="19">
      &nbsp;</TD>
    <TD width=34 height="19">
      &nbsp;</TD>
    <TD width=35 height="19">
      &nbsp;</TD>
    <TD width=57 height="19">
      &nbsp;</TD>
    <TD width=60 height="19">
      &nbsp;</TD>
    <TD width=58 height="19">
      &nbsp;</TD>
    <TD align=middle width=108 height="19">
      &nbsp;</TD>
    <TD align=middle width=86 height="19">
      &nbsp;</TD>
    <TD align=left width=68 height="19">
      &nbsp;</TD></TR>
  </TABLE>
<table border="0" cellpadding="4" width="100%" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111">
  <tr>
    <td width="54%"> <font size="1">Reminder: Report on a separate line for
    each class of securities owned directly or indirectly.<br>
    * If the form is filed by more than one reporting person, <i>see</i>
    Instruction 4(b)(v).</font></td>
    <td width="46%">&nbsp;</td>
  </tr>
  <tr>
    <td width="54%">&nbsp;</td>
    <td width="46%"><b><font face="Arial" size="1">Persons who respond to the
    collection of information contained in this form are not required to respond
    unless the form displays a currently valid OMB control number.</font></b></td>
  </tr>
</table>
<p>&nbsp;</p>
<TABLE cellSpacing=0 cellPadding=4 width="100%" border=1 bordercolorlight="#000000" bordercolordark="#111111" style="border-collapse: collapse" bordercolor="#111111">

  <TR>
    <TD vAlign=top width="857" colSpan=16>
      <DIV align=center><FONT face=arial,helvetica size=2>Table II -
        Derivative Securities Acquired, Disposed of, or Beneficially Owned</FONT></DIV>
      <DIV align=center><FONT face=arial,helvetica size=2>(e.g., puts, calls,
        warrants, options, convertible securities)</FONT></DIV></TD></TR>
  <TR>
    <TD vAlign=top width=57 rowSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>1. Title of Derivative
      Security (Instr. 3)</FONT></DIV></TD>
    <TD vAlign=top width=68 rowSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>2.
      Conversion
      or Exercise Price
      of Derivative Security</FONT></DIV></TD>
    <TD vAlign=top width=71 rowSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>3. Transaction Date (Month/ Day/Year)</FONT></DIV></TD>
    <TD vAlign=top width=69 rowSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>3A. Deemed Execution Date, if any (Month/Day/ Year)</FONT></DIV></TD>
    <TD vAlign=top width=71 colSpan=2>
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>4.
      Transaction Code (Instr.8)</FONT> </TD>
    <TD vAlign=top width=60 colSpan=2>
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>5.
      Number of Derivative Securities Acquired (A) or Disposed Of
      (D) (Instr. 3, 4 and 5) </FONT></TD>
    <TD vAlign=top width=78 colSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>6. Date Exercisable (DE)
      and Expiration Date (ED) (Month/ Day/ Year)</FONT></DIV></TD>
    <TD vAlign=top width=94 colSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>7. Title and Amount
      of Underlying Securities &nbsp;(Instr. 3 and 4)</FONT></DIV></TD>
    <TD vAlign=top width=58 rowSpan=2>
      <DIV>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>8.
      Price of Derivative Security (Instr.5)</FONT></DIV></TD>
    <TD vAlign=top width=73 rowSpan=2>
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>9.
      Number
      of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.4)</FONT>
    </TD>
    <TD vAlign=top width=76 rowSpan=2>
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>
    10. Ownership<BR>Form of<BR>Derivative<BR>Securities:<BR>Direct
      (D)<BR>or<BR>Indirect (I)<BR><BR>(Instr.4)</FONT> </TD>
    <TD vAlign=top width=55 rowSpan=2>
    <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>11.
      Nature
      of Indirect Beneficial Ownership (Instr.4)</FONT>
    </TD></TR>
  <TR>
    <TD vAlign=bottom width="25">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>Code</FONT></DIV></TD>
    <TD vAlign=bottom width="36">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>V</FONT></DIV>
    <TD vAlign=bottom width="28">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>A</FONT></DIV></TD>
    <TD vAlign=bottom width="22">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>D</FONT> </DIV>
    <TD vAlign=bottom width="54">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>DE</FONT></DIV></TD>
    <TD vAlign=bottom width="14">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>ED</FONT></DIV></TD>
    <TD vAlign=bottom width="33">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>Title</FONT></DIV></TD>
    <TD vAlign=bottom width="51">
      <DIV align=center>
        <p style="text-indent: -10; margin-left: 10"><FONT face=arial,helvetica size=1>Amount or Number of
      Shares</FONT></DIV></TD></TR><BR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR>
  <TR>
    <TD vAlign=top width=57>
      &nbsp;</TD>
    <TD vAlign=top width=68>
      &nbsp;</TD>
    <TD vAlign=top width=71>
      &nbsp;</TD>
    <TD vAlign=top width=69>
      &nbsp;</TD>
    <TD vAlign=bottom width="25">
      &nbsp;</TD>
    <TD vAlign=bottom width="36">
      &nbsp;<TD vAlign=bottom width="28">
      &nbsp;</TD>
    <TD vAlign=bottom width="22">
      &nbsp;<TD vAlign=bottom width="54">
      &nbsp;</TD>
    <TD vAlign=bottom width="14">
      &nbsp;</TD>
    <TD vAlign=bottom width="33">
      &nbsp;</TD>
    <TD vAlign=bottom width="51">
      &nbsp;</TD>
    <TD vAlign=top width=58>
      &nbsp;</TD>
    <TD vAlign=top width=73>&nbsp;</TD>
    <TD vAlign=top width=76>&nbsp;</TD>
    <TD vAlign=top width=55>&nbsp;</TD></TR></TABLE><FONT face=arial,helvetica
size=1><B>Explanation of Responses:</B> </FONT><BR>
<TABLE width="100%" border=0 cellpadding="4">

  <TR>
    <TD align=right width="100%">
    <p align="left">&nbsp;</p>
    <p>&nbsp;</TD></TR></TABLE>
<TABLE width="100%" border=0 cellpadding="5">

  <TR>
    <TD vAlign=top width="53%">
      <DIV align=left> <FONT face=arial,helvetica size=1>** Intentional misstatements
      or omissions of facts constitute Federal Criminal Violations See 18 U.S.C.
      1001 and 15 U.S.C. 78ff(a).<BR>&nbsp;</FONT></DIV>
      <DIV align=left> <FONT face=arial,helvetica size=1>Note: File three copies of this Form, one
      of which must be manually signed. If space is insufficient, see
      Instruction 6 for procedure. <BR>&nbsp;</FONT></DIV>
      <DIV align=left> <FONT face=arial,helvetica size=1>Potential persons who are to respond to
      the collection of information contained in this form are not<BR>required
      to respond unless the form displays a currently valid OMB Number.
    </FONT></DIV></TD>
    <TD vAlign=top width="28%">
    <p align="center" style="margin-top: 0; margin-bottom: 0"> <font size="2">&nbsp;</font>
    /s/ Wendy Robbins Fox</p>
    <hr noshade color="#000000" size="1" width="80%">
    <p align="center" style="margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">Wendy Robbins Fox <br>
    as Attorney in fact for <br>
    Peter Gerald Malone</font></TD>
    <TD vAlign=top width="39%">
    <p align="center" style="margin-top: 0; margin-bottom: 0">12/13/2002</p>
    <hr noshade color="#000000" size="1" width="80%">
    <p align="center" style="margin-top: 0; margin-bottom: 0"> <FONT face=arial,helvetica size=2>Date</FONT><font size="2"><BR><BR>
    </font></TD></TR>
  </TABLE></BODY></HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.16 PWR OF ATTY
<SEQUENCE>3
<FILENAME>poa.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
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<FONT SIZE=2><P ALIGN="right">Exhibit 99.16 Power of Attorney</P>

<B><P ALIGN="CENTER">POWER OF ATTORNEY</P>
</B>
</FONT>
<FONT SIZE=2><P ALIGN="JUSTIFY">KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned, being a person required to file a statement under Section 16(a) of the Securities Exchange Act of 1934, as amended (the &quot;1934 Act&quot;) and/or Section 30(f) of the Investment Company Act of 1940, as amended (the &quot;1940 Act&quot;), with respect to
Aberdeen Australia Equity Fund, Inc., Aberdeen Asia-Pacific Income Fund, Inc. and/or
Aberdeen Global Income Fund, Inc. (together &quot;Funds&quot;), constitutes and appoints Allan S. Mostoff, Sander M. Bieber, Olivia P. Adler, Jennifer O. Epstein and Wendy Fox, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution and resubstitution for such attorney-in-fact in such attorney-in-fact's name, place and stead:</P>
<P ALIGN="JUSTIFY">o&#9;To execute, for and on behalf of the undersigned, any and all statements on Forms 3, 4, and 5 as are required to be filed by the undersigned  pursuant to the 1934 Act and the 1940 Act, and any amendments or supplements thereto;</P>
<P ALIGN="JUSTIFY">o&#9;To file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission and with such stock exchange(s) or similar authorities as may be required, and to make such filings electronically both (i) before such filings are required by applicable law or rule to be made electronically and (ii) when such filings are required by applicable law or rule to be made electronically; and</P>
<P ALIGN="JUSTIFY">o&#9;To complete and file such applications and other documents on behalf of the undersigned as may be necessary or desirable to permit the foregoing filings to be made electronically on behalf of the undersigned.</P>
<P ALIGN="JUSTIFY">The undersigned grants unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done to effect the foregoing, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</P>
<P ALIGN="JUSTIFY">The undersigned acknowledges and understands that filings made electronically with the Securities and Exchange Commissions pursuant to the authority granted hereto will be made publicly available on the website of the Securities and Exchange Commission.</P>
<P ALIGN="JUSTIFY">&#9;IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.</P>
</FONT>
<div align="left">
  <table border="0" width="560" height="14">
    <tr>
      <td width="226" height="7" valign="top">
        <p style="line-height: 100%; margin-top: 0; margin-bottom: 0"><font size="3">
        /s/Peter Gerald Malone</font></p>
        <FONT SIZE=2>
        <hr noshade color="#000000">
</FONT>
        <p style="line-height: 100%; margin-top: 0; margin-bottom: 0"><font size="3">Signature&nbsp;</font></td>
      <FONT SIZE=2>
      <td width="63" height="14" rowspan="2" valign="top"></td>
</FONT>
      <td width="262" height="14" rowspan="2" valign="top">
        <p style="line-height: 100%; margin-left: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
        <FONT SIZE=2>
        <hr noshade color="#000000">
</FONT>
        <p style="line-height: 100%; margin-left: 0; margin-top: 0; margin-bottom: 0"><font size="3">Date</font></td>
    </tr>
    <FONT SIZE=2>
    <tr>
      <td width="226" height="10"><FONT SIZE=2>
<P ALIGN="JUSTIFY" style="line-height: 100%; margin-top: 0; margin-bottom: 0">&nbsp;</P>
        </FONT>
</FONT>
      <FONT SIZE=2>
        <p ALIGN="JUSTIFY" style="line-height: 100%; margin-top: 0; margin-bottom: 0"><font size="3">
        Peter Gerald Malone</font></p>
        <hr noshade color="#000000">
</FONT>
<P ALIGN="JUSTIFY" style="line-height: 100%; margin-top: 0; margin-bottom: 0"><font size="3">Printed Name</font></P><FONT SIZE=2>
        <p style="line-height: 100%; margin-top: 0; margin-bottom: 0">&nbsp;</td>
    </tr>
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</DOCUMENT>
</SEC-DOCUMENT>
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