Net Asset Value(s)

Baillie Gifford Japan Trust PLC
23 November 2007


The Baillie Gifford Japan Trust PLC                                                                    22 November 2007

                                                          Net Asset Value with borrowings at par                200.13p

                                                   Net Asset Value with borrowings at fair value                199.98p


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