Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
24 August 2006


Baillie Gifford Shin Nippon PLC                                                                          23 August 2006

                                                                 Net Asset Value with borrowings at par         223.10p

                                                          Net Asset Value with borrowings at fair value         223.52p


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