Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
01 February 2007


Baillie Gifford Shin Nippon PLC                                                                         31 January 2007

                                                                Net Asset Value with borrowings at par          213.86p

                                                         Net Asset Value with borrowings at fair value          213.85p


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