Net Asset Value(s)-Amendment

Scottish American Investment Co PLC
02 December 2005


The issuer advises that the following replaces the Net Asset Value announcement 
released today at 15.36pm under RNS number 0883V.

Net Asset Value with Loans at Par for The Scottish American Investment 
Company P.L.C.as at 1 December 2005

                  Net Asset Value with Debentures at Book:              244.56p
                  Net Asset Value with Debentures at Market Value*:     232.49p

Net Asset Value is calculated using closing mid market price from the London 
Stock Exchange






                      This information is provided by RNS
            The company news service from the London Stock Exchange