Net Asset Value(s)

Scottish American Investment Co PLC
03 July 2006


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

                                                                 Net Asset Value with borrowings at book        258.48p

                                                           Net Asset Value with borrowings at fair value        249.04p


   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