Net Asset Value(s)

Baillie Gifford Japan Trust PLC
16 October 2007


The Baillie Gifford Japan Trust PLC                                                                     15 October 2007

                                                           Net Asset Value with borrowings at par               222.41p

                                                    Net Asset Value with borrowings at fair value               222.40p


All Net Asset Values are calculated using closing bid market prices


                      This information is provided by RNS
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