Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
28 June 2006


Baillie Gifford Shin Nippon PLC                                                                            27 June 2006

                                                                   Net Asset Value with borrowings at par       234.98p

                                                            Net Asset Value with borrowings at fair value       235.29p


All Net Asset Values are calculated using closing bid market price from the London Stock Exchange


                      This information is provided by RNS
            The company news service from the London Stock Exchange