First Trust/Aberdeen Global Opportunity Income Fund Declares Monthly Distribution For March of $0.13 Per Share.

LISLE, Ill. -- First Trust/Aberdeen Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund's regularly scheduled monthly distribution, payable on March 15, 2007 to shareholders of record as of March 5, 2007. The ex-dividend date is expected to be March 1, 2007. The monthly distribution information for the Fund appears below.

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The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all distributions paid in 2007 will be made after the end of 2007.

The Fund is a closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues these investment objectives by investing in the world bond markets through a diversified portfolio of investment grade and below-investment grade government and corporate debt securities.

First Trust Advisors L.P. acts as the Fund's investment advisor and currently manages or supervises approximately $28 billion in assets.

Aberdeen Asset Management Inc. ("Aberdeen") is the Fund's sub-adviser. Aberdeen is a wholly owned subsidiary of Aberdeen Asset Management PLC which is the parent company of an asset management group managing approximately $147.6 billion in assets, including approximately $76.6 billion in global fixed-income securities, for a range of pension funds, financial institutions, investment trusts, unit trusts, offshore funds, charities and private clients.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: Investment in this Fund involves investment and market risk, management risk, non-investment grade securities risk, fixed-income securities risk, U.S. and non-U.S. interest rate risk, U.S. and non-U.S. government securities risk, country risk, currency risk, leverage risk, market discount risk, portfolio turnover risk, and illiquid/restricted securities risk. Non-investment grade debt issues are considered speculative with respect to the issuer's ability to pay interest and repay principal which may result in a reduction of the Fund's NAV. Investment in foreign government debt may include bonds issued by countries considered to be emerging markets which may affect the volatility of the Fund's NAV. Please see the Fund's prospectus for additional information on the risks of investing in the Fund.

The Fund's daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.