Net Asset Value(s)

Baillie Gifford Shin Nippon PLC
22 March 2007


Baillie Gifford Shin Nippon PLC                                                                           21 March 2007

                                                                  Net Asset Value with borrowings at par        204.82p

                                                           Net Asset Value with borrowings at fair value        204.81p


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