Net Asset Value(s)

Scottish American Investment Co PLC
31 May 2006


The Scottish American Investment Company P.L.C.                                                             30 May 2006

                                                                   Net Asset Value with Debentures at Book      248.56p

                                                           Net Asset Value with Debentures at Market Value      237.86p


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