Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
25 July 2007


Baillie Gifford Shin Nippon PLC                                                                            24 July 2007

                                                              Net Asset Value with borrowings at par            191.36p

                                                       Net Asset Value with borrowings at fair value            191.71p


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