Net Asset Value(s)

Scottish American Investment Co PLC
29 June 2006


The Scottish American Investment Company P.L.C.                                                            28 June 2006

                                                                  Net Asset Value with borrowings at book       249.11p

                                                            Net Asset Value with borrowings at fair value       239.75p


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