DELISTING OF THE ABERDEEN G7 TRUST

The Aberdeen G7 Trust (TSX: GSV.UN), an investment trust traded on the Toronto Stock Exchange, announced December 31, 2008 that its units have been delisted as at the close of business.

This action resulted from the termination of the Trust, pursuant to its trust agreement, and the redemption of all of the issued and outstanding trust units on December 31, 2008. Pursuant to the trust agreement, the Investment Manager has converted the assets of the Trust to cash and the net assets of the Trust will be distributed to unitholders, after making adequate provisions for all of the Trust’s liabilities and upon completion of the Trust’s final audit on or about January 28, 2009.

As the trust units trade in “Book-Entry Only” system administered by CDS Clearing and Depository Services Inc., a beneficial holder of trust units need not take any action with respect to the redemption.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of future financial performance and condition of the Trust, are factors and assumptions which, although considered reasonable by the Trust at the time of preparation, may prove to be incorrect. Unitholders are cautioned that actual results are subject to a number of risks and uncertainties, including general economic and market factors, including credit, currency, political and interest rate risks and could differ materially from what is currently expected. The Trust has no specific intention of updating any forward-looking information whether as a result of new information, future events or otherwise, except as required by law.

Statement of Trust Income Allocations and Designations 2008

Annual Report December 31, 2008

December 31, 2008: Delisting of the Aberdeen G7 Trust

For further information: Please contact Investor Relations at 800-992-6341.