Net Asset Value(s)

Baillie Gifford Japan Trust PLC
18 March 2008


The Baillie Gifford Japan Trust PLC                                                                       17 March 2008

                                                             Net Asset Value with borrowings at par             170.73p

                                                      Net Asset Value with borrowings at fair value             170.18p


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