ABRDN JAPAN EQUITY FUND, INC. (JEQ) ANNOUNCES COMMENCEMENT OF 50% CASH TENDER OFFER

PHILADELPHIA, Aug. 1, 2025 /PRNewswire/ -- abrdn Japan Equity Fund, Inc. (NYSE: JEQ), a diversified management investment company, announced today the commencement of the previously disclosed cash tender offer to purchase up to 7,072,985 shares, representing approximately 50% of the Fund's outstanding shares, at a price per share equal to 98% of the Fund's net asset value ("NAV") per share as determined by the Fund on the next business day immediately following the expiration date of the tender offer (the "Tender Offer").  The Tender Offer commences at 12:01 am, August 1, 2025, and will expire at 5:00 p.m. New York City time on September 2, 2025, unless otherwise extended. It is expected that the payment of the Tender Offer proceeds will be made as soon as practicable after the September 2, 2025 expiration date of the Tender Offer. The payment date is currently estimated to be on or about September 12, 2025, unless the expiration date is otherwise extended.

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