Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
21 May 2007


Baillie Gifford Shin Nippon PLC                                                                             18 May 2007

                                                                    Net Asset Value with borrowings at par      189.79p

                                                             Net Asset Value with borrowings at fair value      189.72p


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