Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
21 September 2006


Baillie Gifford Shin Nippon PLC                                                                       20 September 2006

                                                              Net Asset Value with borrowings at par            210.17p

                                                       Net Asset Value with borrowings at fair value            210.07p


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