Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
21 November 2007


Baillie Gifford Shin Nippon PLC                                                                        20 November 2007

                                                          Net Asset Value with borrowings at par                166.45p

                                                   Net Asset Value with borrowings at fair value                166.03p


All Net Asset Values are calculated using closing bid market prices


                      This information is provided by RNS
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