Net Asset Value(s)

Scottish American Investment Co PLC
27 January 2006


                    The Scottish American Investment Company P.L.C.        26 January 2006

Net Asset Value  with Debentures at Book:                                          260.44p
Net Asset Value with Debentures at Market Value*:                                  246.94p





Net Asset Value is 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