Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
15 February 2008


Baillie Gifford Shin Nippon PLC                                                                        14 February 2008

                                                          Net Asset Value with borrowings at par                137.76p

                                                   Net Asset Value with borrowings at fair value                136.99p


All Net Asset Values are calculated using closing bid market prices


                      This information is provided by RNS
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