Net Asset Value(s)

Baillie Gifford Japan Trust PLC
13 February 2007


The Baillie Gifford Japan Trust PLC                                                                    12 February 2007

                                                               Net Asset Value with borrowings at par           235.07p

                                                        Net Asset Value with borrowings at fair value           235.38p


All Net Asset Values are calculated using closing bid market price from the London Stock Exchange


                      This information is provided by RNS
            The company news service from the London Stock Exchange