Net Asset Value(s)

Baillie Gifford Japan Trust PLC
03 March 2008


The Baillie Gifford Japan Trust PLC                                                                    29 February 2008

                                                          Net Asset Value with borrowings at par                188.58p

                                                   Net Asset Value with borrowings at fair value                188.07p


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