Net Asset Value(s)

Baillie Gifford Japan Trust PLC
10 May 2007


The Baillie Gifford Japan Trust PLC                                                                          9 May 2007

                                                                     Net Asset Value with borrowings at par     234.89p

                                                              Net Asset Value with borrowings at fair value     235.09p


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