Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
25 May 2007


Baillie Gifford Shin Nippon PLC                                                                             24 May 2007

                                                                    Net Asset Value with borrowings at par      195.80p

                                                             Net Asset Value with borrowings at fair value      195.74p


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