Dividend Declaration

RNS Number : 3145S

Scottish American Investment Co PLC

17 November 2011

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

Third interim dividend for 2011

The Board of SAINTS announces that it is declaring a third interim dividend of 2.35p (up 2.2% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2011, payable on 30 December 2011 to shareholders on the register at the close of business on 25 November 2011. The ex-dividend date is 23 November 2011. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 7 December 2011.

Baillie Gifford & Co

Company Secretaries

17 November 2011