UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

SCHEDULE 14A INFORMATION

 

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.     )

 

Filed by the Registrant  x

 

Filed by a Party other than the Registrant  o

 

Check the appropriate box:

o

Preliminary Proxy Statement

o

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

o

Definitive Proxy Statement

x

Definitive Additional Materials

o

Soliciting Material Pursuant to §240.14a-12

 

The Chile Fund, Inc.

The First Israel Fund, Inc.

The Indonesia Fund, Inc.

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

x

No fee required.

o

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

(1)

Title of each class of securities to which transaction applies:

 

 

 

 

(2)

Aggregate number of securities to which transaction applies:

 

 

 

 

(3)

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

(4)

Proposed maximum aggregate value of transaction:

 

 

 

 

(5)

Total fee paid:

 

 

 

o

Fee paid previously with preliminary materials.

o

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

(1)

Amount Previously Paid:

 

 

 

 

(2)

Form, Schedule or Registration Statement No.:

 

 

 

 

(3)

Filing Party:

 

 

 

 

(4)

Date Filed:

 

 

 

 


 

 

URGENT MATTER REQUIRES YOUR RESPONSE

 

May 8, 2009

 

THE SPECIAL SHAREHOLDER MEETINGS HAVE BEEN ADJOURNED TO JUNE 10, 2009 DUE TO A LACK OF SHAREHOLDER PARTICIPATION

 

The Chile Fund, Inc.
The First Israel Fund, Inc.
The Indonesia Fund, Inc.

Dear Shareholder:

 

We would like to inform you that the Special Meeting of Shareholders for each of The Chile Fund, Inc., The First Israel Fund, Inc. and The Indonesia Fund, Inc. (each fund, a “Fund” and collectively, the “Funds”) (each meeting, a “Special Meeting” and collectively, the “Special Meetings”) has been adjourned due a lack of shareholder participation.   The adjourned Special Meeting for each Fund will be held on June 10, 2009 at the offices of Credit Suisse Asset Management, LLC at the following times:

 

The Indonesia Fund, Inc.  

1:00 p.m. New York time  

The First Israel Fund, Inc.  

1:30 p.m. New York time  

The Chile Fund, Inc.

2:00 p.m. New York time  

 

The purpose of the Special Meetings is to consider and act upon a proposal to approve an investment advisory agreement with a new investment adviser, Aberdeen Asset Management Investment Services Limited or, in the case of The Indonesia Fund, Inc., Aberdeen Asset Management Asia Limited.  Additionally, shareholders of The Chile Fund, Inc., are being asked to approve a new sub-advisory agreement with the fund’s existing sub-adviser, Celfin Capital Servicios Financieros S.A., and shareholders of The First Israel Fund, Inc. are also being asked to approve a new sub-advisory agreement with the fund’s existing sub-adviser, Analyst Exchange and Trading Services Ltd.  You can find further details about these proposals in the proxy materials previously mailed to you.  You can also call us at 866-745-0271 to speak with a proxy representative.

 

Since each fund requires a majority of its outstanding shares present or by proxy to hold the Special Meeting, the lack of response from shareholders is affecting the outcome of the Special Meeting.  It is imperative that we receive your proxy vote immediately on this matter in order to continue serving your long-term investment needs.  Voting is easy. You may utilize one of the options below to ensure that your vote is promptly recorded in time for the Special Meeting:

 

1. VOTE BY PHONE:

 

You may cast your vote by telephone by calling our toll-free proxy hotline at 1 866-745-0271. Agents are available to record your voting instructions Monday through Friday from 9:00 a.m. to 10:00 p.m. Eastern Time.

 

 

 

2. VOTE BY INTERNET:

 

You may cast your vote by mail by logging on to www.proxyonline.com. You will need the control number found on the enclosed proxy card to login.

 

 

 

3. VOTE BY MAIL:

 

You may cast your vote by mail by signing, dating and mailing the enclosed proxy card in the prepaid postage return envelope provided.

 

As the adjourned meeting date approaches and we still have yet to register your vote, you may receive a call encouraging you to vote your shares in order to be represented at the Special Meeting.

 

Thank you for your assistance with this important matter.

 


 

Sincerely,

 

/s/ J. Kevin Gao

 

J. Kevin Gao

 

Secretary

 

 

We strongly encourage you to vote your shares today.