Dividend Declaration

Scottish American Investment Co PLC
21 November 2007


           The Scottish American Investment Company P.L.C. ('SAINTS')

                        Third interim dividend for 2007.

The Board of SAINTS announces that it is declaring a third interim dividend of
2.05p (up 10.8% on the corresponding dividend last year) per ordinary share in
respect of the year to 31 December 2007, payable on 31 December 2007 to
shareholders on the register at the close of business on 7 December 2007. The
ex-dividend date is 5 December 2007.


                                                            Baillie Gifford & Co
                                                             Company Secretaries
                                                                21 November 2007







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