Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
25 January 2008


Baillie Gifford Shin Nippon PLC                                                                         24 January 2008

                                                           Net Asset Value with borrowings at par               140.33p

                                                    Net Asset Value with borrowings at fair value               139.71p


All Net Asset Values are calculated using closing bid market prices


                      This information is provided by RNS
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