EX-99.S 2 dex99s.htm POWER OF ATTORNEY

POWER OF ATTORNEY

Exhibit (s)

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Martin Gilbert				April 26, 2006
Signature				Date

Martin Gilbert

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Neville J. Miles				April 26, 2006
Signature				Date

Neville J. Miles

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Christian Pittard				April 26, 2006
Signature				Date

Christian Pittard

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Anthony E. Aaronson				April 23, 2006
Signature				Date

Anthony E. Aaronson

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ David Elsum				April 24, 2006
Signature				Date

David Elsum

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ William Potter				April 23, 2006
Signature				Date

William Potter

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Peter D. Sacks				April 26, 2006
Signature				Date

Peter D. Sacks

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Moritz Sell				April 24, 2006
Signature				Date

Moritz Sell

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ John T. Sheehy				April 26, 2006
Signature				Date

John T. Sheehy

Printed Name

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned Director or Officer of ABERDEEN AUSTRALIA EQUITY FUND, INC. (the “Fund”) constitutes and appoints Sander M. Bieber, David J. Harris, Jennifer O. Epstein, Wendy Fox and Victoria M. Szybillo 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, in any and all capacities, to sign the registration statement on Form N-2 relating to shares of the Fund’s Common Stock, $.01 par value per share, to be newly issued in an underwritten placement, and any amendments, exhibits, or supplements to such registration statement, and to file and/or withdraw the same, with all other documents in connection therewith, with the U.S. Securities and Exchange Commission, granting unto each 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, as fully to all intents and purposes as he or she might or could do in person in his or her capacity as a Director or Officer of the Fund, hereby ratifying and confirming all that each said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly executed this Power of Attorney on the date indicated below.

/s/ Hugh Young				April 24, 2006
Signature				Date

Hugh Young

Printed Name