8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 7, 2008

Aberdeen Global Income Fund, Inc.

(Exact name of registrant as specified in its charter)

Maryland

(State or other jurisdiction

of incorporation)

Securities Act File No. 33-46853

Investment Company Act File No. 811-06342

800 Scudders Mill Road,

Plainsboro, New Jersey 08536

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code 1-866-839-5233

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

Aberdeen Global Income Fund, Inc. has resolved to redeem the US$30 million outstanding Series W-7 shares (CUSIP: 003013208) of Auction Market Preferred Stock (the “AMPS”) pursuant to their terms and replace the AMPS with borrowing of an equivalent amount from a major financial institution.

Item 9.01 Financial Statements and Exhibits

The following exhibits are filed as part of this report:

(99.1)	Press Release
(99.2)	Notice of Redemption

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Aberdeen Global Income Fund, Inc. (Registrant)
Date: March 7, 2008	/s/ Christian Pittard
	Christian Pittard Vice President

EX-99.1

EXHIBIT—Press Release

Press Release

FOR IMMEDIATE RELEASE

For More Information Contact:

Aberdeen Asset Management Inc.

Investor Relations

866-839-5233

InvestorRelations@aberdeen-asset.com

ABERDEEN GLOBAL INCOME FUND, INC. ANNOUNCES REPLACEMENT OF

AUCTION MARKET PREFERRED STOCK WITH EQUIVALENT BANK

BORROWING

(New York, March 7, 2008) — Aberdeen Global Income Fund, Inc. (AMEX: FCO) (the “Fund”), a closed-end bond fund, has resolved to redeem the US$30 million outstanding Series W-7 shares (CUSIP: 003013208) of Auction Market Preferred Stock (the “AMPS”) pursuant to their terms and replace the AMPS with borrowing of an equivalent amount from a major financial institution. Notice was sent today to the Fund’s paying agent and holders of AMPS to commence the process.

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

www.aberdeenfco.com

# # #

Aberdeen Asset Management Asia Limited and Aberdeen Asset Management Limited are registered

investment advisers under the Investment Advisers Act of 1940.

EX-99.2

NOTICE OF REDEMPTION TO HOLDERS

OF

AUCTION MARKET PREFERRED STOCK

Aberdeen Global Income Fund, Inc. (the “Company”), a closed-end investment company trading on the American Stock Exchange (Amex: FCO), hereby calls for redemption on March 13, 2008 (the “Redemption Date”) of the 1,200 issued and outstanding Series W-7 shares (CUSIP: 003013208) of Auction Market Preferred Stock (“AMPS”), liquidation preference $25,000 per share, pursuant to Article XII, Section 5 of the Articles of Amendment and Restatement of the Company. A redemption price of $25,000 per share, together with accrued and unpaid dividends thereon to the Redemption Date, will be paid on the Redemption Date to holders of the AMPS who surrender their AMPS for payment at:

Deutsche Bank Trust Company Americas

Attn: Anabelle Roa

60 Wall Street, 27th Floor

New York, NY 10005

The Company anticipates there will be no accrued and unpaid dividends after the Redemption Date, because the AMPS will be redeemed on a dividend payment date and the Company currently anticipates paying the last dividend in full. Unless the Company defaults in making the redemption, dividends on the AMPS will cease to accumulate on the Redemption Date, except for certain additional dividends to which holders may be entitled if capital gains or certain other taxable amounts retroactively are allocated to the AMPS.

Sincerely,

Alan Goodson

Secretary