Net Asset Value(s)

Baillie Gifford Japan Trust PLC
05 September 2006


The Baillie Gifford Japan Trust PLC                                                                    4 September 2006

                                                               Net Asset Value with borrowings at par           245.49p

                                                        Net Asset Value with borrowings at fair value           245.73p


All Net Asset Values are calculated using closing bid market price from the London Stock Exchange


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