Net Asset Value(s)

Scottish American Investment Co PLC
10 May 2006


The Scottish American Investment Company P.L.C.                                                              9 May 2006

                                                                    Net Asset Value with Debentures at Book     273.13p

                                                            Net Asset Value with Debentures at Market Value     263.47p


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