Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
25 February 2008


Baillie Gifford Shin Nippon PLC                                                                        22 February 2008

                                                          Net Asset Value with borrowings at par                145.76p

                                                   Net Asset Value with borrowings at fair value                144.98p


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