Net Asset Value(s)

Scottish American Investment Co PLC
05 July 2006


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

                                                                   Net Asset Value with borrowings at book      261.23p

                                                             Net Asset Value with borrowings at fair value      251.96p


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