Annual Report and Accounts

Scottish American Investment Co PLC
06 March 2008



                The Scottish American Investment Company P.L.C.
               Annual Report for the year ended 31 December 2007


A copy of the above document has been submitted to the UK Listing Authority and
will shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility at the address below. Details of proposed changes to the
Company's Articles of Association are included in the Directors Report.



Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS


Tel. no. (0)20 7676 1000



                                                            Baillie Gifford & Co
                                                             Company Secretaries
                                                                    6 March 2008



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