The Baillie Gifford Japan Trust PLC
Appointment of New Director
The Company is pleased to announce the appointment of Martin Paling to the Board with effect from 1 November 2008.
Mr Paling, who is 59, was an investment director of Bentley Capital (Europe) Ltd between 1996 and 2008, in charge of the investment process, including asset allocation and fund selection. From 1993 to 1996 he was deputy chief investment officer of Baring Asset Management (Asia) Ltd in Hong Kong, responsible for formulating and directing investment process and managed a number of segregated pension funds in the Asia-Pacific region. Prior to that he worked for James Capel & Co, where he was chief international investment strategist and James Capel (Far East) Ltd in Hong Kong where he directed institutional sales. Previously, he was a partner and head of Singapore/Malaysia sales at Montagu, Loebl, Stanley & Co. He graduated from Cambridge University in 1970.
The appointment of Mr Paling falls to be ratified by Shareholders at the Annual General Meeting of the Company to be held on 10 December 2008.
Baillie Gifford & Co
Company Secretaries
30 September 2008