Dividend Notification

Scottish American Investment Co PLC
13 April 2000

QUARTERLY INTEREST
SECURITY TITLE
*Equities Index Uns Ln Stk 2004
MNEMONIC CODE           *SCAA
SEDOL CODE              *788-038
DIVIDEND AMOUNT         *1.991p
PROVISIONAL EX DATE     *14-04-00
RECORD DATE             *31-03-00
PAYMENT DATE            *14-04-00
NOTES *