Net Asset Value(s)

Scottish American Investment Co PLC
02 January 2007


The Scottish American Investment Company P.L.C.                                                        29 December 2006

                                                              Net Asset Value with borrowings at book           279.83p

                                                        Net Asset Value with borrowings at fair value           270.41p


All Net Asset Values are calculated using closing bid market price from the London Stock Exchange


                      This information is provided by RNS
            The company news service from the London Stock Exchange