The India Fund Announces Earnings For The Three Months Ended March 31, 2011

The India Fund (NYSE: IFN) today announced unaudited results for the three months ended March 31, 2011. For the three months ended March 31, 2011, the Fund's net realized gains were $28,890,028 and the net change in unrealized loss was $130,681,640. Net investment loss for the three months ended March 31, 2011 was $3,464,573. For the same three month period ended March 31, 2010, the Fund's net realized gains and net change in unrealized gains were $40,036,732 and $26,396,948, respectively. Net investment loss was $3,259,414. On March 31, 2011, total net assets of the Fund were $1,436,946,757, and the net asset value (“NAV”) per share was $33.42 based on 42,991,523 shares outstanding. The Fund's common stock closed on the New York Stock Exchange on March 31, 2011 at $32.95 per share, representing a discount of 1.41% to the Fund's March 31, 2011 NAV. On March 31, 2010, total net assets of the Fund were $1,590,444,675, and the NAV per share was $34.12 based on 46,615,777 shares outstanding. The Fund's common stock closed on the New York Stock Exchange on March 31, 2010 at $31.54 per share, representing a discount of 7.56% to the Fund's March 31, 2010 NAV.