Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
23 October 2007


Baillie Gifford Shin Nippon PLC                                                                         22 October 2007

                                                           Net Asset Value with borrowings at par               181.32p

                                                    Net Asset Value with borrowings at fair value               181.07p


All Net Asset Values are calculated using closing bid market prices


                      This information is provided by RNS
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