Purchase of Own Securities

Scottish American Investment Co PLC 1 December 2000 Scottish American Investment Company PLC Repurchase of Ordinary Shares for Cancellation The Scottish American Investment Company PLC announces that on 1 December, 2000 it purchased for cancellation 50,000 ordinary shares in the market at a price of 252.5p per ordinary share. There remain 157,070,943 ordinary shares in issue.
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