Net Asset Value(s)

Scottish American Investment Co PLC
05 May 2006


The Scottish American Investment Company P.L.C.                                                              4 May 2006

                                                                    Net Asset Value with Debentures at Book     270.43p

                                                            Net Asset Value with Debentures at Market Value     260.44p


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