GCH Aberdeen Greater China Fund, Inc. (delisted)

The Board of Directors of The Greater China Fund, Inc. (the "Fund") (NYSE:GCH), today declared a dividend of $0.0317 per share of ordinary income and a distribution from long-term capital gains of $0.2081 per share. The dividend is payable on December 29, 2006 to shareholders of record as of December 21, 2006. The ex-dividend date is December 19, 2006. The Fund is a closed-end, non-diversified management investment company seeking long-term capital appreciation through investments primarily in listed equity securities of China companies. The Fund's investment manager is Baring Asset Management (Asia) Limited.