Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
20 February 2007


Baillie Gifford Shin Nippon PLC                                                                        19 February 2007

                                                               Net Asset Value with borrowings at par           215.36p

                                                        Net Asset Value with borrowings at fair value           215.35p


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