Purchase of Own Securities

Scottish American Investment Co PLC 17 May 2000 Scottish American Investment Company PLC Repurchase of Ordinary Shares for cancellation The Scottish American Investment Company PLC announces that on 17th May, 2000 it purchased for cancellation 175,000 ordinary shares in the market at a price of 259p per ordinary share and 100,000 shares at 258p per ordinary share. There remain 160,125,943 ordinary shares in issue.
UK 100

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