Net Asset Value(s)

Baillie Gifford Japan Trust PLC
08 February 2008


The Baillie Gifford Japan Trust PLC                                                                     7 February 2008

                                                           Net Asset Value with borrowings at par               182.98p

                                                    Net Asset Value with borrowings at fair value               182.53p


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