Net Asset Value(s)

Baillie Gifford Japan Trust PLC
25 May 2006


The Baillie Gifford Japan Trust PLC                                                                         24 May 2006

                                                                         Net Asset Value with Loans at Par      258.41p


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