Dividend Declaration

RNS Number : 9207E

Scottish American Investment Co PLC

16 May 2013

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

First interim dividend for 2013

The Board of SAINTS announces that it is declaring a first interim dividend of 2.50p (up 4.2% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2013, payable on 28 June 2013 to shareholders on the register at the close of business on 31 May 2013. The ex-dividend date is 29 May 2013. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 7 June 2013.

Baillie Gifford & Co

Company Secretaries

16 May 2013