Dividend Declaration

RNS Number : 5277W

Scottish American Investment Co PLC

19 November 2010

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

Third interim dividend for 2010

The Board of SAINTS announces that it is declaring a third interim dividend of 2.30p (up 2.2% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2010, payable on 31 December 2010 to shareholders on the register at the close of business on 3 December 2010. The ex-dividend date is 1 December 2010. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 10 December 2010.

Baillie Gifford & Co

Company Secretaries

19 November 2010