The Malaysia Fund, Inc. MAY announced today that the
Fund's tender offer for 377,214 of its issued and outstanding shares of common
stock, representing approximately 5 percent of the Fund's outstanding shares,
expired at 11:59 p.m., New York time on November 28, 2011.
Based upon current information, approximately 2,011,470 shares were tendered,
including shares tendered pursuant to notices of guaranteed delivery. Based on
this preliminary information, the pro-ration for each tendering stockholder is
estimated to be 18.75 percent of the shares properly tendered. These numbers
are subject to adjustment and should not be regarded as final. The actual
number of shares to be purchased will be announced at a later date. Management
of the Fund anticipates acceptance on December 5, 2011 of 377,214 shares
properly tendered and that payment for such shares will be made on or about
December 6, 2011. The purchase price of properly tendered shares is equal to
98 percent of the net asset value per share determined as of the close of the
regular trading session of the New York Stock Exchange (NYSE) on November 29,
2011.
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