Net Asset Value(s)

Baillie Gifford Japan Trust PLC
01 October 2007


The Baillie Gifford Japan Trust PLC                                                                   28 September 2007

                                                        Net Asset Value with borrowings at par                  220.83p

                                                 Net Asset Value with borrowings at fair value                  220.83p


All Net Asset Values are calculated using closing bid market prices


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