Net Asset Value(s)

Baillie Gifford Japan Trust PLC
06 May 2008


The Baillie Gifford Japan Trust PLC                                                                          2 May 2008

                                                                 Net Asset Value with borrowings at par         199.13p

                                                          Net Asset Value with borrowings at fair value         198.97p


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