Net Asset Value(s)

Baillie Gifford Japan Trust PLC
09 December 2005


The issuer advises that the following replaces the Net Asset Value released 9 December at
14.55pm under RNS number 4458V


Baillie Gifford Shin Nippon Plc daily Net Asset Value was released as Japan Trust in
error.


The full corrected version is shown below:




Net Asset Value with Loans at Par for The Baillie Gifford Japan Trust PLC as at 8 December
                                                                                      2005

                                                                                   249.96p
Net Asset Value is calculated using closing mid market price from the London Stock
Exchange




                      This information is provided by RNS
            The company news service from the London Stock Exchange