Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
18 July 2007


Baillie Gifford Shin Nippon PLC                                                                            17 July 2007

                                                              Net Asset Value with borrowings at par            195.65p

                                                       Net Asset Value with borrowings at fair value            195.99p


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