Aberdeen Asset Management Inc. – ‘3’ for 8/28/06 re: First Trust/Aberdeen Emerging Opportunity Fund – ‘EX-24’

On:  Monday, 8/28/06, at 5:37pm ET   ·   For:  8/28/06   ·   As:  Other   ·   Accession #:  875626-6-1656   ·   File #:  811-21905

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Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial Statement of Beneficial Ownership of        HTML      5K 
                Securities by an Insider -- aber_feo3ex.xml/2.2                  
 2: EX-24       Power of Attorney                                      2±     8K 

‘EX-24’   —   Power of Attorney

POWER OF ATTORNEY     

Know all by these presents, that the undersigned hereby constitutes   
and appoints each of W. Scott Jardine, Robert M. Porcellino, Kristi A.          
Maher, James M. Dykas and Eric F. Fess, signing singly, the undersigned's       
true and lawful attorney-in-fact to:                                            

              (1) execute for and on behalf of the undersigned, in
the undersigned's capacity as an officer, employee, trustee, and/or 
ten percent stockholder of any of First Trust Portfolios L.P., First
Trust Advisors L.P. ("Advisors"), or any company registered as an   
 investment company under the Investment Company Act of 1940, of which
 Advisors is an investment adviser (each a "Company"), Forms 3, 4, and
5 in accordance with Section 16(a) of the Securities Exchange Act of
1934 and the rules thereunder;                                      

               (2) do and perform any and all acts for and on behalf
of the undersigned which may be necessary or desirable to complete  
and execute any such Form 3, 4, or 5, including a Form ID, complete 
 and execute any amendment or amendments thereto, and timely file such
form with the United States Securities and Exchange Commission and  
any stock exchange or similar authority; and                        

             (3) take any other action of any type whatsoever in
connection with the foregoing which, in the opinion of such         
attorney-in-fact, may be of benefit to, in the best interest of, or 
legally required by, the undersigned, it being understood that the  
documents executed by such attorney-in-fact on behalf of the        
undersigned pursuant to this Power of Attorney shall be in such form
and shall contain such terms and conditions as such attorney-in-fact
may approve in such attorney-in-fact's sole discretion.             

The undersigned hereby grants to each such attorney-in-fact full    
power and authority to do and perform any and every act and thing               
whatsoever requisite, necessary, or proper to be done in the exercise of        
any of the rights and powers herein granted, as fully to all intents and        
purposes as the undersigned might or could do if personally present, with       
full power of substitution or revocation, hereby ratifying and confirming       
all that such attorney-in-fact, or such attorney-in-fact's substitute or        
substitutes, shall lawfully do or cause to be done by virtue of this power      
of attorney and the rights and powers herein granted. The undersigned           
acknowledges that the foregoing attorneys-in-fact, in serving in such           
capacity at the request of the undersigned, are not assuming, nor is the        
Company or Chapman and Cutler LLP assuming, any of the undersigned's            
responsibilities to comply with Section 16 of the Securities Exchange Act       
of 1934.                                                                        

 In consideration of the attorneys-in-fact acting on the undersigned's
behalf pursuant to this Power of Attorney, the undersigned hereby agrees to     
indemnify and hold harmless each attorney-in-fact, each substitute              
attorney-in-fact, and each of their respective heirs, executors, legal          
representatives, successors, and assigns from and against the entirety of       
any and all losses, claims, causes of action, damages, fines, defense           
costs, amounts paid in settlement, liabilities, and expenses, including         
reasonable attorneys' fees and expenses (collectively, "Losses"), relating      
to or arising out of the exercise of this Power of Attorney by any such         
attorney-in-fact or substitute attorney-in-fact, and will reimburse each        
such indemnified person for all Losses as they are incurred by such             
indemnified person in connection with any pending or threatened claim,          
action, suit, proceeding, or investigation with which such indemnified          
person is or is threatened to be made a party. The undersigned will not,        
however, be responsible for any Losses that are finally determined by a         
court of competent jurisdiction to have resulted solely from an                 
attorney-in-fact's or substitute attorney-in-fact's bad faith or willful        
misconduct.                                                                     

This Power of Attorney shall remain in full force and effect until  
the undersigned is no longer required to file Forms 3, 4, and 5 with            
respect to the undersigned's holdings of and transactions in securities         
requiring such filings, unless earlier revoked by the undersigned in a          
signed writing delivered to the foregoing attorneys-in-fact.                    

 IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of August 28, 2006.                                           

                   /s/ Christian Pittard
                                ----------------------------------
                            Aberdeen Asset Management Inc.
                  By Christian Pittard

     Its CEO

                                 -----------------------------------

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘3’ Filing		Date		Other Filings
Filed on / For Period end:		8/28/06		3,  EFFECT,  N-2/A
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